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Tuesday preview: US CPI, Vodafone in focus
The focus on Tuesday will shift to inflation, with updates on consumer prices due for release on both sides of the Pacific.
FTSE 250 movers: Petropavlovsk shares continue climb, Trainline remains range-bound
London's second-tier index edged higher by 0. 14% to 16,271. 49, led by gains for prepared food specialist Bakkavor, alongside a jump in stock of Petropavlovsk.
Europe close: Stocks slip as some investors question staying power of risk rally
Stocks started the week lower as some investors questioned the apparent disconnect between stocks and the economy, even as they monitored the latest news on the pandemic front.
Richard Branson to sell up to $500m-worth of Virgin Galactic shares
Virgin Group founder and billionaire Sir Richard Branson is preparing to sell up to $504. 5m worth of his stake in Virgin Galactic.
London close: Stocks finish marginally higher, airlines descend
London stocks closed just above the waterline on Monday, after a choppy session in which investors tried to make sense of the easing of lockdown measures in the UK, while a poor showing in the airline sector weighed.
Director dealings: WPP non-executive director snaps up shares
WPP revealed on Monday that non-executive director Sandrine Dufour had acquired 15,000 ordinary shares in the FTSE 100-listed media agency.
Broker tips: Spire, Ocado, EasyJet, IAG, Carnival
RBC Capital Markets downgraded its stance on shares of private hospital group Spire Healthcare to ‘sector perform’ from ‘outperform’ on Monday as it argued that near-term uncertainties remain.
OptiBiotix agrees distribution deal in Taiwan
OptiBiotix Health has entered into a distribution agreement for its ‘SlimBiome’ product with Maxcare, it announced on Monday.
Hold on for inflation equities trade, JP Morgan says
Equity investors should not worry about inflation for the time being despite central banks unleashing monetary policy, JP Morgan said.
Distribution Finance agrees waiver terms with lenders
Distribution Finance updated the market on talks with its lenders on Monday, having looked for a temporary waiver amid the ongoing Covid-19 coronavirus pandemic.
UK's Johnson under fire over lockdown easing plan 'chaos'
The UK government's plan to ease coronavirus lockdown restrictions faced criticism on several fronts on Monday as ministers scrambled to clarify measures outlined by the prime minister in his televised Sunday address to the nation.
Vast Resources appoints general manager to Baita Plai
Vast Resources updated the market on progress at its Baita Plai polymetallic mine in Romania on Monday, announcing the hire of Adrian Badita as general manager at the mine, reporting to chief operating officer Craig Harvey.
FTSE 100 movers: EasyJet flies lower; Hargreaves Lansdown boosted by upgrade
London’s FTSE 100 was down 0. 2% at 5,922. 08 in afternoon trade on Monday as earlier hopes over lockdown easing faded.
Europe midday: Stocks drop as some investors question rally
Stocks are trading sharply lower at the start of the week, with investors debating what some said was the divergent outlook for stocks and the economy even as governments across the Continent move to ease their lockdown measures against the pandemic.
Buffets binned under TUI's reopening plan
TUI will scrap self-service buffets and require staff serving food and drink to wear masks under a plan for reopening its hotels from Covid-19 lockdowns.
US open: Dow records early losses over concerns of rushed reopening of economy
Wall Street stocks opened mostly lower on Monday as market participants became concerned that maybe the White House was pushing to reopen the nation's economy too soon.
HSBC upgrades Carnival to 'buy'
HSBC upgraded shares of cruise operator Carnival to ‘buy’ from ‘hold’ on Monday as it highlighted early positive booking trends.
Morrisons cuts fuel prices to below £1 per litre
WM Morrison dropped petrol prices to a maximum of 99. 7p per litre across the UK on Monday, marking the first time the commodity has been sold for under £1 since February 2016.
Italian industrial production plummets in March, worse possible in April
Industrial production in the euro area's third-largest economy shrank in March at a its quickest pace since at least 1990.
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