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UK consumer sentiment improves despite lockdown
UK consumer confidence improved in April despite the Covid-19 lockdown that has shut much of the UK economy, a survey showed.
Historic rout in WTI futures amid fire sale ahead of expiry
US crude oil futures crashed at the start of the week with the price of West Texas Intermediate falling below zero for the first time ever.
US close: Stocks close lower as WTI futures tumble
US stocks closed lower on Monday following a sharp decline in US crude oil prices.
Week ahead: EU leaders' summit, claimant count in focus
Europe's government debt markets will be in the spotlight over the coming week amid the recent rise in euro area periphery debt yields.
Europe close: Stocks finish higher despite crash in WTI oil futures
Stocks rebounded from their intra-day lows near the end of the session after Germany eased its Covid-19 lockdown slightly and amid some slightly less dire news regarding the death toll from the pandemic.
London close: FTSE manages to close higher after turbulent session
London’s benchmark had broken back into the green by the close on Monday, although housebuilders remained under following the latest Rightmove house price data, while there was some optimism in the air around the loosening of coronavirus restrictions in certain European countries.
Broker tips: Diageo, Abcam, Petrofac
Analysts at RBC Capital Markets downgraded drinks maker Diageo from 'outperform' to 'sector perform' on Monday, stating it was no longer "appropriate" to assume the firm's margins would grow faster than other consumer staples companies'.
Director dealings: Genus' company secretary lowers stake
Genus revealed on Monday that general counsel and company secretary Dan Hartley had offloaded 7,500 ordinary shares in the FTSE 250-listed animal semen merchant.
British homes to face £43bn drop in disposable income over the spring
UK households will have around £43bn less cash to spend on essentials between April and June as the coronavirus crisis hits the national economy and sends the country into recession.
Tuesday preview: UK claimant count, ABF in focus
The focus on Tuesday will be again be on the jobs market, but in the UK this time around.
Tertiary Minerals completes first drill hole at Pyramid project
Tertiary Minerals updated the market on its first drill hole at the Pyramid Gold Project in Nevada on Monday, reporting that the drill rig had been mobilised ahead of schedule, and the hole been successfully completed and drilled to a total depth of 137 metres.
Caledonian Trust amends deal to sell St Margaret's House
Property investment and development company Caledonian Trust updated the market on its proposed sale of St Margaret's House on London Road in Edinburgh to Drum Property Group on Monday.
Futura files for second FDA meeting over erection gel
Futura Medical has filed for a further pre-submission meeting with the US Food and Drug Administration (FDA), it announced on Monday, following receipt of the complete and signed clinical study report for its phase 3 Study, ‘FM57’.
Barclays CEO, finance director waive pay rises
Barclays chief executive Jes Staley and finance director Tushar Morzaria have agreed to give up their pay increases until at least 2021 due to the coronavirus pandemic.
US open: Stocks record early losses amid oil price rout
US stocks opened lower on Monday following a sharp decline in US crude oil prices.
FTSE 250 movers: Provident Financial rallies; Cineworld slides
London’s FTSE 250 was steady at 15,866. 75 in afternoon on Monday.
Research into Covid-19 antibody therapy gaining ground - report
Antibody therapy for Covid-19 may be available by the autumn, according to a report on biotechnology firms carrying out research.
Competition watchdog launches probe into Dechra's $135m Elanco deal
The Competition and Markets Authority has launched an investigation into Dechra Pharmaceuticals’ $135m acquisition of Elanco Animal Health’s Osurnia brand.
JP Morgan stays at 'neutral' on Petrofac despite cancellation of Dalma contract
Analysts at JP Morgan stuck to their 'neutral' recommendation for shares of Petrofac, despite news that the Abu Dhabi National Oil Corporation had cancelled the $1. 5bn Engineering, Procurement and Construction for the Dalma Gas Development Project.
FTSE 100 movers: Housebuilders slump; dollar-earners rise
London’s FTSE 100 was flat at 5,787. 21 in afternoon trade on Monday.
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