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Week ahead: China data, US and UK retail sales in focus
The market spotlight over the coming week will shift towards Asia where a raft of economic indicators are set for release in the People's Republic of China.
Europe close: Stocks finish week on up note, despite remaining risks
European shares finished a week of rampant gains on a positive note, helped by reports that the second wave of Covid-19 cases in Belgium and France might be breaking.
London close: Stocks finish weaker as investors climb down from vaccine bonanza
London stocks closed in the red on Friday, as optimism over a Covid-19 vaccine was replaced with concerns about rising cases.
Director dealings: Pershing Square director makes share purchase
Pershing Square revealed on Friday that non-executive director Andrew Henton had acquired 4,775 ordinary shares in the London-listed hedge fund manager.
Broker tips: Whitbread, Royal Mail, Grafton
Barclays upgraded Premier Inn owner Whitbread to ‘overweight’ from ‘equal-weight’ on Friday, lifting the price target to 3,350. 0p from 2,500. 0p, arguing that it’s one of the most attractive recovery plays in the sector following this week's vaccine news.
BofA Merrill Lynch double-upgrades Whitbread, downgrades IHG
Bank of America Merrill Lynch double-upgraded its stance on Premier Inn owner Whitbread on Friday, but downgraded InterContinental Hotels following this week’s news of a potential Covid-19 vaccine.
EPE Special Opportunities invests in Prelude fund
EPE Special Opportunities announced on Friday that it has completed a $2. 5m investment in a segregated account of Prelude Structured Alternatives Master Fund, satisfied by cash payment.
Creditors approve Revolution Bars CVA
Revolution Bars said that more than 88% of its creditors had voted in favour of the company voluntary arrangement it announced last month, which will lead to the imminent closure of six bars.
US consumer confidence slips in November after elections and Covid-19 resurgence
US consumer dipped unexpectedly at the start of November as Americans reacted to the results of the presidential election and the rising number of Covid-19 cases, a closely-followed revealed.
US open: Dow cuts into yesterday's losses, on track for winning week
Wall Street stocks opened higher on Friday, putting major indices on track for a winning week.
FTSE 100 movers: Rolls-Royce retreats; Whitbread rallies on upgrades
London’s FTSE 100 was down 0. 3% at 6,321. 85 in afternoon trade on Friday.
Alien Metals announces new survey over Donovan 2
Minerals exploration and development company Alien Metals announced on Friday that, following the earn-in agreement with Capstone Mining over the Donovan 2 copper-gold project in Mexico, Capstone has commissioned a detailed close-spaced surface induced polarisation (IP) geophysical survey across the majority of the tenement.
Synairgen surges on positive results for Covid-19 treatment
Synairgen shares surged on Friday after data from trials of its inhaled Covid-19 treatment, SNG001, published in The Lancet Respiratory Medicine, showed positive results in hospitalised patients.
Ganfeng ups stake in Bacanora's Sonora Lithium
Bacanora Lithium announced on Friday that the board of its cornerstone investor and offtake partner Ganfeng Lithium has approved the exercise of its option to increase its stake in Sonora Lithium (SLL) to 50%, from 22. 5%.
Canaccord Genuity hikes target price on Grafton following update
Analysts at Canaccord Genuity raised their target price on business services group Grafton from 835. 0p to 930. 0p on Friday following the firm's trading update from a day earlier.
Fed's Bullard says economy 'dramatically' better than expected, but 'substantial' risks remain
A top US central bank official sounded a positive note on the economy's ability to adjust to the pandemic, even as he cautioned of the remaining "substantial" downside risks.
Door Dash files with SEC in record year for US IPOs
America's largest food delivery platform has filed to go public.
Credit Suisse upgrades Royal Mail, hikes price target
Credit Suisse upped Royal Mail to ‘neutral’ from ‘underperform’ on Friday, hiking the price target 261p from 94p as it said the UK outlook has been improved by pandemic-driven tailwinds.
Panthera to restart fieldwork at Bido Project
West Africa and India-focussed gold exploration and development company Panthera Resources announced its plans to restart fieldwork at the Bido Project on Friday, in the prolific Boromo greenstone belt within the Birimina terrain of Burkina Faso.