The Bank of England should start reversing quantitative easing before raising interest rates on a sustained basis, its governor said on Monday, signalling a change in policy direction.
The Institute of Directors has joined the growing chorus of business groups calling on Finance Minister Rishi Sunak to cut business-related taxes to help restart the economy after the coronavirus crisis.
Wall Street stocks closed in the green on Monday, even as investors digested data showing an accelerated number of new Covid-19 infections in several US states.
Levels of antibodies in people who have suffered Covid-19 reportedly falls sharply in the two to three months following their infection, a study showed, although the implications for patient immunity were unclear.
US biotechnology giant Gilead Sciences will start testing an inhaled version of its treatment for Covid-19, Remdesivir, in August.
Stocks on the Continent finished lower on Monday but off their worst levels of the session as investors monitored news of higher Covid-19 case counts in the US, Germany, India and also China.
Stocks on the Continent have turned lower but remain will off their lows of the session with investors apparently brushing off news of higher Covid-19 cases in the US, Germany and even China.
Trump said in an exclusive interview with Axios that he would consider meeting Venezuela’s president Nicolás Maduro and that he’s had second thoughts about recognising Juan Guaidó as the country's legitimate leader.
The market spotlight on Tuesday will be on a raft of closely-followed activity surveys for manufacturing and services around the world, with those for the Eurozone and the UK expected to show a sharp improvement in June as lockdown measures have been eased.
London stocks finished in the red on Monday, amid concerns about a second wave of coronavirus infections, as investors mulled the latest reading on the UK manufacturing sector.
Analysts at Berenberg raised their target on oil field services group John Wood from 230p to 300p on Monday, stating the company had managed to protect margins throughout the coronavirus-fuelled downturn.
Daily Mail And General Trust revealed on Monday that chairman Lord Rothermere had offloaded 50,364 ordinary shares in the London-listed media and events company.
An incoming new judge to Germany's Constitutional Court signalled optimism that the dispute with the European Central Bank over the latter's bond buying programme could be resolved.
Simec Atlantis Energy announced on Monday that the Prefecture de la Manche has approved the transfer of the lease to develop a 12MW tidal power project in Raz Blanchard from ENGIE to Normandie Hydroliennes.
West and central Africa-focussed gold exploration and development company GoldStone Resources has entered into a formal loan agreement with Asian Investment Management Services (AIMS), it announced on Monday, for a facility totalling $3m, of which $0. 3m had already been drawn down and advanced.
Integumen has signed a material transfer agreement with the Aptamer Group, it announced on Monday, to develop and manufacture aptamers to detect SARS-CoV-2, or Covid-19, in wastewater.
Caribbean Investment Holdings (CIHL) has agreed to purchase Scotiabank Belize (SBL) from Scotiabank Caribbean Holdings - a subsidiary of the Bank of Nova Scotia - for an initial price of up to $30. 5m (£24. 5m), it announced on Monday.
FireAngel Safety Technology updated the market on its Coronavirus Large Business Interruption Loan Scheme (CLBILS) application on Monday, reporting that it has secured funding of £3. 2m through its existing bank, HSBC UK.
Second-hand home sales fell more quickly than expected last month but analysts pointed to various data points, including falling mortgage rates, that augured a rebound in coming month.
The pressure on household finances caused by the Covid-19 pandemic eased slightly in June, a survey showed on Monday, although the ongoing crisis continued to weigh on sentiment.
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