Stocks in Europe finished higher despite Beijing's decision to halt purchases of some US agricultural imports pending the details of Washington's response to its decision to move ahead with a security bill for Hong Kong that observers say are in breach of its treaty obligations.
Analysts at Bank of America reiterated their 'buy' recommendation for shares of Wizz Air, predicting that its focus on Central and Eastern Europe, together with its competitive cost base, would see it benefit from smaller rivals' demise.
Russia will start to roll out its first approved drug for coronavirus and will start treating patients as soon as next week, Reuters reported.
US President Donald Trump and Facebook chief Mark Zuckerberg held a call on Friday over the ongoing protests across the country, revealed a report from Axios late on Sunday.
Small businesses in the UK are diverting over £10bn worth of exports away from the EU claiming that they are “jumping before they are pushed” as concerns over the success of the Brexit negotiations rise again.
Financial markets' focus on Tuesday will be on UK lending data for the month of April that are expected to show that lenders further tightened standards during the month.
London stocks finished above the waterline on Monday, following the release of the latest UK manufacturing data, as investors kept an eye on ongoing tensions between the US and China after US President Trump’s news conference last week.
Adept Technology revealed on Monday that chairman Ian Fishwick had acquired 36,488 ordinary shares in the AIM-listed IT managed services provider.
The European Union could charge companies to access the single market, Brussel’s budget commissioner has suggested, as it looks to fund the bloc’s economic recovery from Covid-19.
Atalaya Mining announced on Monday that the Junta de Andalucía has confirmed through the Spanish press that the mining permits for Proyecto Riotinto were now fully validated.
Cineworld shares slid on Monday as Morgan Stanley downgraded the stock to ‘underweight’ from ‘equal weight’ and slashed the price target to 60p from 180p, arguing that the recent relief rally was overdone.
Ted Baker announced its intention to raise about £100m in equity as the clothing brand plunged to an annual loss of almost £80m.
Wall Street stocks recorded some small gains at the bell on Monday after last week's gains helped major averages record their first back-to-back monthly advances since late 2019.
OptiBiotix Health announced on Monday that its wholly-owned subsidiary ProBiotix Health has entered into a non-exclusive distribution agreement with Cambridge Commodities (CCL) for the distribution of ‘LPLDL’ and ‘CholBiome x3’ in the UK.
London’s FTSE 250 was up 1. 4% at 17,280. 35 in afternoon trade on Monday.
Specialist wealth management and employee benefits company Mattioli Woods updated the market on its trading through the Covid-19 coronavirus pandemic on Monday, having said at the end of March that its financial performance in the first nine months of the year ended 31 May was in line with expectations.
Manufacturing activity in the US picked up slightly last month albeit by a tad less than anticipated, the results of the most closely-followed survey for the sector revealed.
Cineworld shares slid on Monday as Morgan Stanley downgraded the stock to ‘underweight’ from ‘equalweight’ and slashed the price target to 60p from 180p, arguing that the recent relief rally was overdone.
London’s FTSE 100 was up 1% at 6,138. 72 in afternoon trade on Monday.
Citi said the question about whether the Bank of England adopts negative interest rates could be a matter of 'when, not if" as the central bank gives the move serious consideration.