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UK retail sales rise but most categories decline - BRC
Retail sales rose in March as the UK marked a year from the start of the first Covid-19 lockdown but most categories remained in decline, industry figures showed.
US close: Stocks slip on Monday ahead of key inflation data and earnings later in the week
Wall Street stocks closed lower on Monday as investors awaited the beginning of the first-quarter earnings season and the release of some key inflation data later in the week.
Europe close: Stocks mixed ahead of start of earnings season
European shares finishes on a mixed note in the opening session of the week on the back of weaker Asian markets.
London close: Stocks weaker even as England begins reopening
London stocks closed in negative territory on Monday, even as England’s economy began to open up again after the third national lockdown, with investors cautious ahead of the US earnings season.
Broker tips: Victoria, Lookers, PayPoint
Analysts at Berenberg raised their target price on flooring manufacturer Victoria from 770. 0p to 1,000. 0p on Monday, stating the group was "trading well" and "ready" for mergers and acquisitions.
Apple, Google block NHS Covid-19 app update over privacy concerns
Apple and Google blocked a planned update for the NHS Covid-19 app that traces outbreaks of the virus in England and Wales.
Director dealings: ITV non-executive director ups stake
ITV revealed on Monday that non-executive director Duncan Painter had acquired 82,087 ordinary shares in the FTSE 250-listed broadcaster.
Tuesday preview: Chinese foreign trade data, US CPI in focus
The market spotlight will shift back towards Asia on Tuesday, albeit only briefly.
Tricorn approved for second draw of US paycheck protection loan
Tube manipulation specialist Tricorn Group announced on Monday that, according to its lending bank, its application for a second draw of its US Payroll Protection Program (PPP) loan, which it made in March, had been approved.
FTSE 250 movers: Airlines under pressure; Sirius gains after update
London’s FTSE 250 was down 0. 6% at 22,108. 88 in afternoon trade on Monday.
France to ban short domestic flights that can be replaced by trains
French MPs voted on Monday to ban short domestic flights that can be replaced by train journeys lasting two and a half hours or less.
Canadian Telesat enters fast broadband space race
Canadian satellite communications company Telesat announced on Monday that it would be launching its own low-earth-orbit satellite constellation to provide global high-speed broadband from space.
Independent Oil spuds Elgood development well
UK gas company Independent Oil and Gas announced the spudding of the Elgood development well, 48/22c-H1, on Monday.
US open: Stocks open lower ahead of Q1 earnings
Wall Street stocks were in the red early on Monday as investors awaited the beginning of the first-quarter earnings season and the release of some key inflation data later in the week.
FTSE 100 movers: Banks rally on Deutsche note; Ocado drops
London’s FTSE 100 was down 0. 2% at 6,901. 46 in afternoon trade on Monday.
Monday broker round-up
Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.
Surface Transforms reports 'stable' revenue
Surface Transforms reported “stable” revenue in its preliminary results on Monday, at £1. 95m, compared to £1. 94m in the prior year.
Microsoft to buy speech technology company Nuance in $19.7bn deal
Microsoft has agreed to buy Nuance Communications in an all-cash deal valued at $19. 7bn.
Dialight CFO Wai Kuen Chiang quits after six months
Dialight is looking for a new chief financial officer after Wai Kuen Chiang decided to leave after six months in the job.
Johnson orders inquiry into Cameron-Greensill affair
The UK government has ordered an independent inquiry into David Cameron's lobbying efforts for Greensill, the finance company that collapsed in March.