Latest News
07 Apr
IATA calls for rapid help to help Africa, Middle East airlines

Losses for African and Middle East airlines due to the coronavirus had risen to $23bn and governments needed to intervene rapidly, the International Air Transport Association said on Thursday.

02 Apr
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Covid-19 coronavirus infections in Italy continue falling

The trend in the number of new infections from the Covid-19 coronavirus pandemic continues to trend lower in Italy.

02 Apr
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Friday preview: Services sector surveys in the spotlight around the globe

The focus at the end of the week will be on a raft of services sector surveys due out around the world, including in the UK, US and euro area.

02 Apr
British Airways to suspend 30,000 staff after deal with unions

British Airways said it had reached agreement with trade unions to suspend more than 30,000 staff until the end of May under the government's coronavirus furlough scheme.

02 Apr
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Europe close: Oil price spike helps stocks stay above water

Stocks on the Continent managed to keep their heads above water following the previous day's thrashing, helped by a rebound in oil futures, even as investors kept a close eye on the economic fallout of the Covid-19 pandemic.

02 Apr
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Brent oil spikes higher after Trump says Russia and Saudi will cut output

Traders in Brent crude oil endured a roller coaster-like session after the US President said Russia and Saudi had agreed to restrain their combined output, but Russian officials quickly appeared to call that into doubt, at least in part.

02 Apr
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London close: Benchmark higher as oil prices, US jobless claims surge

London’s benchmark managed to close just above the waterline on Thursday, as investors digested a fresh record rise in the number of jobless claims stateside, as BP and Shell made the most of firmer oil prices.

02 Apr
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Broker tips: Hikma Pharmaceuticals, AJ Bell

JP Morgan has upped its rating on Hikma Pharmaceuticals after the generics specialist won a key patent challenge.

02 Apr
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Director dealings: Hansa chair increases shareholding

Hansa Investment Company revealed on Thursday that chairman William Salomon had acquired 40,000 ordinary shares in the London-listed trust.

02 Apr
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Corero secures $2m in new customer wins

Corero Network Security announced new customer wins for its ‘SmartWall’ distributed denial of service (DDoS) protection product on Thursday, including a new ‘Juniper’ customer, additional purchases from existing customers, a large ‘Support and SecureWatch’ security services contract renewal ,and continued momentum from its relationship with GTT Communications, totaling $2m over the course of the contracts.

02 Apr
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U+I sells investments in Harwell Campus, Gemini Building

Specialist regeneration developer and investor U+I has exchanged on the sale of its holding in Harwell Campus, the science and technology campus in Oxfordshire, to Brookfield Capital Partners on behalf of Brookfield Strategic Real Estate Partners III, it announced on Thursday.

02 Apr
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Tertiary Minerals raises £0.6m for exploration and Covid capital

Tertiary Minerals announced on Thursday that it has entered into a share subscription deed with Precious Metals Capital Group, which it described as a US-based institutional specialist investor.

02 Apr
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UK cough and cold medicine prices rise 10.7%

The price of cough and cold medicine rose by 10. 7% last week as retailers take advantage of the rise in demand due to the coronavirus outbreak.

02 Apr
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Richard Branson defers Virgin brand payments over coronavirus crisis

Richard Branson will defer tens of millions of pounds in fees owed in brand licensing by Virgin branded companies in response to the coronavirus crisis.

02 Apr
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FTSE 100 movers: Shell and BP pace gains as Brent surges 24%

US President Donald Trump triggered a sharp rally in crude oil futures on Thursday after doubling-down on his optimism regarding a detente between Russia and Saudi in their oil price war.

02 Apr
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National Express to suspend all services from Sunday

National Express will temporarily suspend all services from Sunday 5 April as the coronavirus pandemic dents demand.

02 Apr
hikma drugs generics
JP Morgan ups rating on Hikma after key patent win

JP Morgan has upped its rating on Hikma Pharmaceuticals after the generics specialist won a key patent challenge.

02 Apr
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FTSE 250 movers: Hopes of Russian-Saudi detente boosts oilers

Crude oil futures rallied amid hopes for a Russia-Saudi detente in their oil price war, helping to keep losses on London's second-tier index in check.

02 Apr
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Europe midday: Stocks buoyed by rally in crude oil futures

Stocks on the Continent are keeping their heads above water following the previous day's thrashing, helped by a rebound in oil futures, even as investors kept a close eye on the economic fallout of the Covid-19 pandemic.

02 Apr
Wood Group pulls dividend, cuts executive pay, axing some staff

Wood Group pulled its dividend, implemented a 10% pay cut for executive directors and admitted it would have to axe some staff as the impact of the coronavirus pandemic was felt through the business.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.