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AstraZeneca and Pfizer vaccines cut hospitalisations significantly
The UK's vaccination programme is having "spectacular" success in reducing the number of serious illnesses, the results of a study showed.
US close: Mixed session on the Street, Treasury yields remain in focus
Wall Street stocks closed mostly lower on Monday ahead of Senate testimony from Federal Reserve chairman Jerome Powell tomorrow.
Sector movers: Interest rate-sensitive issues drag on the stock market
Cyclicals were clearly in the lead at the start of the week, but failed to fully offset the drag from rising government bond yields on the other side of the Atlantic.
Europe close: Shares dip despite big gains for cyclicals
European shares finished lower at the start of the week, although gains for cyclicals helped to offset weakness in the more interest rate-sensitive areas of the market.
London close: Stocks lower as Johnson confirms lockdown easing plans
London stocks finished just below the waterline on Monday, as investors digested Boris Johnson’s plans to gradually ease lockdown measures across England, amid worries about rising inflation.
CMA readies antitrust probes into Big Tech
The chief executive of the UK competition watchdog, the Competition and Market Authority, told the Financial Times on Monday that the regulator is ready to launch a series of antitrust probes into the practices of Big Tech.
Tuesday preview: UK employment, HSBC in the spotlight
The focus on Tuesday will be on the UK employment report for December which is expected to show only a moderate increase in the rate of unemployment for the three months to year-end.
Shoe Zone finance director Foot quits after seven months
Shoe Zone finance director Peter Foot has left the business, the company said on Monday, after only seven months in the job and two weeks before the publication of annual results.
Canaccord Genuity issues Air Partner with 'buy' rating
Analysts at Canaccord Genuity slapped Air Partner's shares with a 'buy' rating on Monday after previously having the stock 'under review'.
Broker tips: Smith & Nephew, Glencore, Air Partner
Analysts at Berenberg lowered their target price on medical equipment manufacturer Smith & Nephew from £20. 05 to £19. 85 on Monday, stating the group had sacrificed today "for a better tomorrow".
Director dealings: Fulham Shore director makes share sale
Fulham Shore revealed on Monday that managing director Nabil Mankarious had disposed of 3. 88m ordinary shares in the AIM-listed restaurant operator.
Reabold to invest another £1m in Corallian Energy
Upstream oil and gas project investor Reabold Resources has entered into a conditional convertible loan instrument with Corallian Energy, under which it would advance £1m to Corallian.
FTSE 250 movers: G4S slumps; Rank Group rallies
London’s FTSE 250 was down 0. 5% at 20,938. 78 in afternoon trade on Monday.
US open: Stocks head south, Treasury yields in focus
Wall Street stocks opened firmly in the red on Monday ahead of Senate testimony from Federal Reserve chairman Jerome Powell tomorrow.
CentralNic to acquire Wando for EUR 5.4m
Domain name and web services provider CentralNic Group has entered into a binding agreement to acquire Wando Internet Solutions for initial consideration of €5. 4m (£4. 67m), it announced on Monday.
Phoenix Copper draws down £2m facility for Empire Mine development
North America-focussed base and precious metals producer Phoenix Copper has drawn down on a £2m debt facility, it announced on Monday, to accelerate development of the Empire Mine open pit copper project in Idaho.
Boeing 777 jets grounded after Denver engine failure
Aircraft maker Boeing has recommended grounding more than 120 of its 777 jets worldwide after a catastrophic engine failure on a United Airlines plane over Denver on Saturday.
FTSE 100 movers: Travel & leisure stocks gain; Ocado falls
London’s FTSE 100 was down 0. 4% at 6,598. 36 in afternoon trade on Monday.
Mitchells & Butlers sales slump as group launches £351m placing
Pub group Mitchells & Butlers said sales had plunged almost 70% amid tighter Covid-19 curbs as it launched a £351m placing to shield its balance sheet from the coronavirus pandemic.
Chariot signs collaboration deal with Schlumberger alliance
Africa-focussed energy company Chariot Oil & Gas has signed a collaboration agreement with Subsea Integration Alliance, it announced on Monday, to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois Gas Development project in Morocco.