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Europe midday: Stocks higher as travel issues and lenders' shares reverse losses
Stocks across the Continent were continuing to push higher after better-than-expected readings on manufacturing sector activity in Europe and China.
London midday: Upbeat readings on global manufacturing boost stocks
Stocks in London have shaken off early losses, helped by the release of a much better than expected reading on euro area factory activity last month and similarly upbeat survey results overnight in China.
Microsoft to pursue TikTok deal after call with Trump
Microsoft said it would pursue its planned acquisition of TikTok's US operations from its Chinese owner after a call between Chief Executive Satya Nadella and Donald Trump appeared to assuage the president.
Berenberg lowers target price on IAG, retains 'buy' rating
Analysts at Berenberg lowered their target price on British Airways parent International Consolidated Airlines from 375. 0p to 300. 0p on Monday but said IAG's planned equity raise paved the way for "unrivalled consolidation" and dividend flexibility.
FCA proposes six-months' notice for property fund withdrawals
The Financial Conduct Authority said investors in property funds may have to give six months' notice to withdraw their money in a move to reduce the number of emergency fund suspensions.
Google expects to roll-out Covid-19 contract tracing app in coming weeks
Google expects to roll-out its Covid-19 contact tracing apps in the coming weeks.
United Oil gets nod from Jamaican government for Walton Morant
United Oil and Gas has received approval from the Jamaican government to take forward the Walton Morant Licence in Jamaica, it announced on Monday, on a 100% operated basis.
Velocys delivers four reactors to Red Rock Biofuels
Sustainable fuels technology company Velocys has completed the manufacture and delivery of four reactors to Red Rock Biofuels, it announced on Monday.
Dialight cuts costs as its operating loss widens
Industrial LED lighting company Dialight said on Monday that its revenue fell to £56. 3m in the first half, from £76. 1m a year earlier, as its loss from operating activities widened to £5. 5m from £3. 5m.
Metro Bank buys RateSetter to expand unsecured loans
Metro Bank has agreed to pay an initial £2. 5m to buy the peer-to-peer lender RateSetter to expand in unsecured lending and increase returns.
Senior pays no interim dividend as it swings to operating loss
Senior described a “robust cash performance” in its first half on Monday, as it swung to an operating loss of £126. 2m, from a profit of £39. 2m a year earlier.
Crossword Cybersecurity FY revenues improve despite Covid-19 impact
Technology commercialisation company Crossword Cybersecurity said on Monday that total revenues were projected to show a marked improvement year-on-year.
UK millennials put lockdown savings into stock markets
The Covid-19 pandemic which led to a precipitous fall in spending has also seen UK millennials invest their savings into the stock market.
Asia report: Markets mixed as China data beats forecasts
Markets in Asia finished in a mixed state on Monday, after data showed China’s manufacturing sector as expanding beyond expectations in July.
Seeing Machines trades ahead of consensus guidance
Computer vision technology group Seeing Machines said on Monday that it had traded ahead of consensus over the year ended 30 June.
Fed's Kashkari lays out case for 'really hard' lockdown
A top US Federal Reserve official made the case at the weekend for a "really hard" four-to-six week lockdown to suppress the novel coronavirus pandemic, adding that Congress had more than enough wherewithal to finance relief efforts.
Euro area factory PMI for July revised sharply higher
Factories in the single currency block whirred back to life last month, led by faster activity in Spain and Austria.
Hipgnosis buys Barry Manilow's songs
Hipgnosis Songs Fund has bought the rights to Barry Manilow's recording royalties for songs including Mandy and Copacabana in the company's latest move to snap up songs by major artists.
UK factory output and orders rise in July, PMI shows
UK factory output and orders rose strongly in July and sentiment improved as Covid-19 lockdown restrictions were relaxed, a survey showed.
GSK and Sanofi in talks to supply 300m vaccine doses to EU
GlaxoSmithKline and Sanofi said they were in advanced talks with the European Commission to supply up to 300m doses of a Covid-19 vaccine.