Research into Covid-19 infections in Italy found that 96% of fatalities suffered from pre-existing medical conditions.
The World Health Organization on Monday decided to temporarily suspended its trial of hydroxychloroquine to combat the deadly coronavirus over safety concerns.
The focus on Wednesday will be on the European Commission's proposal for a Recovery Fund which market observers will be leveraged to reach over €1trn.
Stocks in Europe finished higher amid a rally in travel stocks following news of plans to ease travel restrictions across the Continent.
UN officials said they will meet with over a dozen world leaders on Thursday to discuss shoring up financial support for developing countries struggling with the coronavirus pandemic.
London closed firmly in the green on Tuesday, with travel shares pacing the advance as investors welcomed an easing of lockdown measures and travel restrictions.
Finncap Group revealed on Tuesday that chief financial officer Richard Snow had acquired 233,333 ordinary shares in the AIM-listed investment services company.
Analysts at Berenberg nudged up their target price on construction group MJ Gleeson from 750. 0p to 765. 0p on Tuesday, stating the group appeared to be "well-positioned to return to growth".
Modern Water has secured the sale of its largest single order for 20 ‘Microtrace PDV’ units and seven sets of related consumables in China, it announced on Tuesday.
Railway, traffic and transport software and hardware provider Tracsis has been awarded two major rail contracts, it announced on Tuesday.
Analysts at Canaccord Genuity dropped their target price on oil and gas group Hurricane Energy from 24. 0p to 16. 0p and lowered the firm to 'speculative buy' from 'buy' following the company's decision to shut in one of its Lancaster production wells.
Altyn announced the delivery of equipment at its Sekisovskoye mining operation on Tuesday, reporting that following the agreement with the official dealer of Epiroc in Kazakhstan, it has received the drilling rig ‘Boomer T1D’ with a capacity of 400 metres per month.
Stocks in Europe are near their best levels of the session amid a rally in travel stocks following news of plans to ease travel restrictions across the Continent.
London’s FTSE 250 was up 3% at 16,894. 29 in afternoon trade on Tuesday.
US stocks recorded solid gains following the bell on Tuesday as investors returned from the long Memorial Day weekend to news that pharmaceuticals firm Novavax had begun trials on a Covid-19 vaccine in Australia.
London’s FTSE 100 was up 1% at 6,050. 50 in afternoon trade on Tuesday, with travel stocks pacing the gains.
Warner Music has relaunched its shelved initial public offering in a test of the market's confidence after the Covid-19 crisis caused share prices to plunge.
Estate agent Foxtons said on Tuesday that it expects to have all of its branches open by 1 June, as it reported a large drop in commissions since the start of the coronavirus lockdown in March.
Premier Foods has notified HSBC of its intention to redeem £80m of the £210m outstanding from its senior secured 5. 0% plus LIBOR floating rate notes due July 2022, it announced on Tuesday.
Hong Kong leader Carrie Lam said on Tuesday that Beijing’s proposed national security law for the city will not hurt citizens' freedoms.
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