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13 May
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Third of closed small firms fear never reopening

More than a third of small businesses that have closed during the Covid-19 crisis fear they will never reopen, a survey showed.

12 May
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Fed's Harker stresses need for 'intelligent' response to pandemic

The strength of the economic recovery will hinge on authorities' ability to balance the risks from reopening the economy with healthcare issues, the head of the Federal Reserve bank of Philadelphia said.

12 May
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Europe close: Stocks finish mixed as investors monitor progress on lifting lockdowns

Stocks on the Continent finished on a mixed note as investors monitored news of countries' progress in partially reopening their economies.

12 May
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Wednesday preview: UK GDP, TUI in focus

The focus on Wednesday will be on readings for UK gross domestic product growth for the first quarter and in the month March.

12 May
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London close: Benchmark holds onto gains amid lockdown easing concerns

London’s benchmark managed to hold on to its gains by the close on Tuesday, underpinned by well-received updates from the likes of Vodafone and Morrisons, as investors continued to mull the implications of lockdown easing at home and abroad.

12 May
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Director dealings: Silence Therapeutics CFO lowers stake

Silence Therapeutics revealed on Tuesday that chief financial officer Rob Quinn had offloaded of 89,054 ordinary shares in the AIM-listed biotechnology group.

12 May
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Broker tips: Diploma, Halfords, Aston Martin

Analysts at JP Morgan Cazenove downgraded life sciences group Diploma from 'overweight' to 'neutral' on Tuesday, citing some "difficult" near-term trading and an "uncertain" medium-term outlook.

12 May
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Angle upbeat on recent research using 'Parsortix'

Liquid biopsy company Angle announced on Tuesday that the liquid biopsy analysis unit at the Health Research Institute of Santiago in Spain has published results of new work undertaken in head and neck cancer and non small cell lung cancer, on the potential utility of a liquid biopsy-based strategy to assess MET alterations on circulating tumour cells (CTCs).

12 May
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Government should extend furlough scheme until 2021

The Resolution Foundation said in a report on Tuesday that in the case of retail and hospitality workers the UK government should extend its furlough scheme until the end of the year.

12 May
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Covid outbreak sees Dekel push back production start at Tiebissou

Dekel Agri-Vision updated the market on its 10,000 tonnes per annum - expandable to 30,000 tonnes - raw cashew nut processing project at Tiebissou in Côte d'Ivoire on Tuesday, which is currently under development.

12 May
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UK gig economy workers call for protection from virus

Workers in the gig economy are calling for protection from the coronavirus as European Union regulations do not extend to those who are “not employees”.

12 May
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JP Morgan lowers Diploma to 'neutral'

Analysts at JP Morgan Cazenove downgraded life sciences group Diploma from 'overweight' to 'neutral' on Tuesday, citing some "difficult" near-term trading and an "uncertain" medium-term outlook.

12 May
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Germany's BDI calls for joint EU response to Covid-19

Germany's main business lobby group called for a joint European response to the coronavirus crisis, alongside its peers from France and Italy.

12 May
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FTSE 250 movers: Kingfisher surges on Q1 update; Aston Martin retreats

London’s FTSE 250 was down 0. 6% at 6,168. 73 in afternoon trade on Tuesday.

12 May
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FTSE 100 movers: Vodafone rallies on results; Diploma hit by downgrade

London’s FTSE 100 was up 1% at 6,001. 80 in afternoon trade on Tuesday.

12 May
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Westmount Energy takes stake in JHI Associates

Westmount Energy has purchased 1,350,000 shares in JHI Associates, it announced on Tuesday, through the issue of 15,930,000 new ordinary Westmount shares, representing around 12. 7% of its enlarged issued capital.

12 May
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Oncimmune signs collaboration deal with US biopharma company

Immunodiagnostics company Oncimmune Holdings has signed an antigen-targeting collaboration, it announced on Tuesday, to support drug development with a “leading”, unnamed United States biopharmaceutical company, which is developing novel therapies based on the human immune response.

12 May
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UK furlough scheme extended until end of October

The Chancellor of the Exchequer has extended the Coronavirus Job Retention Scheme until the autumn, it was announced on Tuesday.

12 May
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Water Intelligence reacquires Minneapolis franchise

Leak detection and remediation company Water Intelligence announced the reacquisition of its franchise in Minneapolis, Minnesota on Tuesday, within its American Leak Detection (ALD) subsidiary.

12 May
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US open: Stocks open mixed ahead of Fauci's testimony

Wall Street trading began on a mixed note on Tuesday as market participants continued to monitor the White House's efforts to reopen the economy.

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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.