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Director dealings: Polar Capital director picks up shares
Polar Capital revealed on Monday that non-executive director Andrew Ross had acquired 25,000 ordinary shares in the AIM-listed investment bank.

Europe close: Stocks fall amid diplomatic tensions
Stocks on the Continent fell sharply at the start of the week after Washington reiterated its call for China to be more transparent on the events that led up to Covid-19 pandemic and poured scorn on its handling of the crisis and the information provided to the world community.

Some Italian patients report improvement after receiving blood plasma
A report surfaced on Monday pointing to clinical benefits from what some observers touted as potentially one of the most promising treatments for the Covid-19 coronavirus.

Lockdown could lead to higher public transport fares - IFS
The Covid-19 lockdown and measures to prevent crowding could lead to higher fares for public transport, said the Institute for Fiscal Studies on Monday.

London close: Stocks finish lower as US-China tensions escalate
London stocks finished in the red on Monday, with the benchmark index closing just below the waterline, as souring relations between the US and China continued to undermine sentiment.

Broker tips: Frontier Developments, AG Barr, Bellway
Analysts at Berenberg upped their target price on video games maker Frontier Developments from 1,800. 0p to 2,000. 0p on Monday, stating the group had really put the "(War)hammer down".

Destiny Pharma upbeat on new research paper on XF-73
Clinical-stage biotechnology company Destiny Pharma noted the publication of a new paper in Trends in Microbiology on Monday, entitled ‘assessing the potential for staphylococcus aureus to evolve resistance to XF-73’.

Covid-19 sees business confidence hit historic low - survey
Business confidence in the UK has plummeted on the back of the coronavirus, with revenues expected to tumble and demand slow to recover, a survey of finance chiefs showed.

Covid-19 antibody test with 'almost 100% accuracy' could be available in weeks
The coronavirus antibody test that is said to have 99. 8% of accuracy has been approved for use in the US and could be available in the UK within weeks.

Open Orphan signs £3.5m deal with US biotech firm
Pharmaceutical services company Open Orphan announced the signing of a new contract with an unnamed US biotechnology company on Monday, for the provision of a respiratory syncytial virus (RSV) human challenge study.

UK consumers least confident since 2012 - YouGov
British consumer sentiment has dropped to its lowest since January 2012 as most people believe the economy will suffer a heavy recession or a depression triggered by the Covid-19 pandemic.

Cora Gold ropes in Digby Wells for next stage at Sanankoro
West Africa-focussed Cora Gold has appointed international environmental consultants Digby Wells Environmental to undertake the environmental and social impact assessment (ESIA) for its Sanankoro Gold Project, in the Yanfolila Gold Belt of southern Mali, it announced on Monday.

Carnival shares sink as US lawmakers open Covid-19 probe
Carnival was one of the heaviest fallers on the FTSE 100 on Monday, after US lawmakers opened an inquiry into its handling of outbreaks of Covid-19 onboard its cruise ships.

Phoenix Copper reports expanded resource at Empire Mine
North America-focussed base and precious metals company Phoenix Copper announced an updated NI 43-101 compliant resource for its Empire Open Pit Mine in Idaho on Monday.

Diversified Gas & Oil maintains dividend despite recent volatility in oil prices
Natural gas group Diversified Gas & Oil said on Monday that it would be paying out dividends despite recent volatility in global energy markets.

US open: Dow slides as White House looks to hold China 'accountable' for pandemic
Trading on Wall Street began on a mixed note on Monday after Donald Trump's continued attacks on China raised fears of a resumption in trade hostilities between the world's two largest economies.

Preppy fashion firm J.Crew files for Chapter 11 bankruptcy
American fashion company J. Crew has filed for bankruptcy, it announced on Monday, becoming the first major US retailer to do so amid the Covid-19 coronavirus pandemic.

Hargreaves Services exchanges on 'major' development deal
Industrial and property services provider Hargreaves Services announced the exchange of a major commercial property development contract on Monday.

FTSE 250 movers: Royal Mail gains; Hyve heads lower
London’s FTSE 250 was down 1. 1% at 15,969. 61 in afternoon trade on Monday.
Tate & Lyle April volumes slump as Covid-19 lockdowns bite
Tate & Lyle said US bulk sweetener volume fell 26% in April as bars, cinemas, restaurants and sporting events were either shut or cancelled as part of the coronavirus lockdown.
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