The road to re-opening America's economy will be "long" and the final destination will only be reached when a vaccine for the Covid-19 coronavirus is found, analysts at Morgan Stanley warned.
Investors across the Continent continued to push stocks higher at the start of the week, despite some analysts' doubts regarding the sustainability of recent gains in the stock market.
US stocks closed sharply higher on Tuesday as market participants seemingly grew more optimistic regarding the Covid-19 pandemic as corporate earnings season kicked off.
Onshore oil and gas company Ascent Resources appointed Andrew Dennan as its chief executive officer on Tuesday as it announced the first acquisition under the group's strategy of international expansion.
Investors' attention on Wednesday will be on the US economy as the first hard data for the month of March are released.
Retailers Oasis and Warehouse are preparing to go into administration due to the coronavirus pandemic, putting 2,300 jobs at risk.
A renewed push higher in Sterling and weakness in crude oil prices tripped investors up as they returned from the long bank holiday, even as analysts debated what markets' next move might be.
AstraZeneca shares surged on Tuesday after the pharmaceuticals giant said it will start a clinical trial to assess the potential of Calquence (acalabrutinib) in the treatment of the exaggerated immune response associated with Covid-19 in severely ill patients.
Deaths in the UK caused by the coronavirus by April 3 were 15% higher than initially reported, according to official data from the Office of National Statistics published on Tuesday.
Analysts at Liberum raised their target price on National Express from 400. 0p to 425. 0p on Tuesday, highlighting the firm's ability to remaining earnings and cash flow positive and its extra liquidity headroom.
Analysts at Citi downgraded their view for shares of medical device maker Smith & Nephew to 'neutral' in anticipation of six to 18 months of difficult trading in the wake of the Covid-19 pandemic.
Prudential revealed on Tuesday that non-executive director Jeremy Anderson had acquired 9,157 ordinary shares in the FTSE 100-listed life insurance firm.
Analysts at Berenberg lowered their target price on hazard detection technology group Halma from 1,860. 0p to 1,710. 0p on Tuesday, flagging some near-term concerns to clients even as they conceded that there were longer-term opportunities on offer.
Estimated airline losses from the coronavirus pandemic were now expected to hit $314bn as flight restrictions continued and the impact on Africa and Latin America became more severe, the industry's representative body said on Tuesday.
Analysts at Citi downgraded their view for shares of medical device maker Smith&Nephew to 'neutral' in anticipation of six to 18 months of difficult trading in the wake of the Covid-19 pandemic.
Barclays has deferred share awards for its chief executive and finance chief and delayed planned job cuts in response to the Covid-19 crisis.
London’s FTSE 250 was down 2% at 16,076. 65 in afternoon trade on Tuesday.
The French economy was expected to shrink by 8% this year as an extended coronavirus lockdown forced the government to ditch forecasts issued only last week.
GlaxoSmithKline said it was working with Sanofi of France on a Covid-19 vaccine that could be ready by the second half of 2021.
The government’s top scientific advisers are set to meet on Tuesday to review the effectiveness of the coronavirus lockdown even as ministers anticipate an extension.
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