Commodities
Canaccord stays at 'buy' for Gresham House on 'strong' outlook
Analysts at Canaccord Genuity have reiterated their 'buy' recommendation and 839. 0p target price for shares of Gresham House, the alternative fund manager, given its focus on Environmental, Social and Governance issues and "strong" long-term outlook for the business.
US consumer confidence recovers in September as Democrats grow more optimistic
US consumer confidence overall rose back to its highs from April, having moved roughly sideways since then, the results of a closely-followed survey revealed.
EU agrees to purchase Sanofi/GSK Covid-19 vaccine
The European Union agreed an advance purchase agreement with Sanofi and GlaxoSmithKline for the companies' potential Covid-19 vaccine.
Pension fund withdraws support for Glencore's Valeria coal project
Glencore's plans for a new coal mine in Australia's Bowen Basin have run into unexpected opposition from a potentially key stakeholder.
US manufacturing strengthens in September, Philly Fed says
Manufacturing sector conditions in the US mid-Atlantic region continued to firm in September, the results of a closely-followed survey revealed.
Secondary US jobless claims fall sharply
US unemployment claims only dipped a little over the preceding week, but those not being filed for the first time fell sharply.
Saudi could have enough uranium ore to produce own nuclear fuel
Saudi Arabia could have enough mineable uranium ore reserves to kickstart its domestic production of nuclear fuel, according to confidential reports from China that were seen by the Guardian.
US database specialist Snowflake rockets on first day of trading
Shares in Snowflake were being called to start trading at as high $175, or 46% above the price set for their initial public offering.
Eli Lilly monoclonal antibodies may reduce Covid-19 hospitalisations, study shows
Monoclonal antibodies being trialled by Eli Lilly appeared to help some patients rid themselves of the Covid-19 vrius more quickly.
Madrid may tighten mobility restrictions, Bank of Spain cuts GDP forecasts
The regional government of Madrid appears set to tighten mobility restrictions in several of the districts and suburbs witnessing the most rapid increases in Covid-19 infections.
US retail spend slows in August as auto and gasoline sales drag
US retail sales volumes grew more slowly than anticipated last month, weighed down by slower growth in consumer spend for autos and at gasoline stations.
Trump criticises WTO over ruling on US tariffs against China
US President Donald Trump criticised the World Trade Organization for being “completely inadequate” after it ruled against US tariffs on China and said they breached international regulations.
Euro area exports to US and UK still significantly lower year-to-date in July
The single currency bloc's surplus on trade with the rest of the world widened in July, nearly completing a V-shaped recovery to pre-Covid levels.
Scottish Power to help produce green hydrogen to fuel transport
Scottish Power’s wind and solar farms are to start producing green hydrogen that will be used to fuel buses, ferries and even trains as part of a strategy to boost the country’s hydrogen economy.
US and UK to enter 4th round of trade talks this week
The resumption of trade talks between the US and the UK later this week will come at a pivotal moment for London as it tries to establish its future relationship with the European Union.
US industrial production weighed down by lower auto output in August
Industrial output in the US undershot economists' forecasts in August, as manufacturing production fell short and that from utilities surprised to the downside.
IEA cuts forecast for global oil demand growth in backhalf 2020
The International Energy Agency took an axe to its forecasts for global oil demand growth in the backhalf of 2020, even as it warned that the world's thirst for oil had, at 91. 7m barrels a day, only recovered to its levels from 2013 due to the pandemic.
German investor sentiment improves in September
German investor sentiment improved in September despite rising coronavirus cases and concerns about Brexit, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
ByteDance rejects Microsoft offer for TikTok, partners with Oracle instead
Chinese tech company ByteDance has decided to reject Microsoft's bid to buy video app TikTok and partner with Oracle instead.
UK should become global leader in climate action - CBI
The UK should take more action in the fight against climate change and become a global leader on the matter, the CBI Director-General Carolyn Fairbairn will say on Monday.
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