The founder of Travelex-owner Finablr stepped down as chairman and director on Monday after a fraud scandal that engulfed the payments firm.
Wall Street trading finished in a mixed state on Monday, amid a continued stalemate between lawmakers in regards to further stimulus payments and heightened tensions between Washington and Beijing.
European stocks ended on a mixed note but off the lows seen at the start of trading after China's central bank boosted short-term liquidity and thanks to positive 'market chatter' regarding the phase one trade deal between the US and China.
Food producers paced gains in the stock market at the start of the week with shares of Cranswick at the head of the pack.
Previously, on Tuesday, Brexit talks are due to resume between the UK and the European Union.
London stocks finished in positive territory on Monday, although the gains were less than spectacular, as investors weighed up dire Japanese GDP data and growing tensions between the US and China, against a liquidity boost from the People's Bank of China.
Jefferies upgraded Burberry to ‘hold’ from ‘underperform’ on Monday, lifting the price target to 1,400p from 1,250p given recent underperformance and its conviction that metrics will move sideways now rather than deteriorate.
Just Group revealed on Monday that chairman John Hastings-Bass had acquired 98,200 ordinary shares in the FTSE 250-listed financial services group.
Communications, advocacy and research company SEC Newgate has signed its first commercial contract for its recently-launched ‘TRUE AI’ platform, providing semantic and reputational assessment powered by artificial intelligence (AI) algorithms.
Mobile payments and identity company Boku announced the introduction of e-wallet payments in Indonesia on Monday, for one of its global music streaming partners.
Analysts at Bank of America upgraded their recommendation for shares of electric vehicle manufacturer Tesla to 'neutral' in recognition that investors were in effect writing the firm a blank check to build out its manufacturing capabilities via a higher stock price.
The Federal Reserve Bank of New York's regional manufacturing sector index slipped in August.
London’s FTSE 250 was up 0. 2% at 17,766. 26 in afternoon trade on Monday.
Food producer Cranswick said it expected full year results to be ahead of expectations after first quarter revenues rose by almost a quarter as more Britons ate at home during the coronavirus lockdown.
Elon Musk’s SpaceX company has increased the size of its latest funding round to $2bn due to strong demand.
Wall Street trading was mixed at the bell on Monday amid a continued stalemate between lawmakers in regards to further stimulus payments and heightened tensions between Washington and Beijing.
Budget airline easyJet confirmed on Monday it would close three of its bases in the UK, blaming the coronavirus pandemic and associated government quarantine restrictions.
London’s FTSE 100 was up 0. 7% at 6,130. 45 in afternoon trade on Monday.
Regenerative medical devices company Tissue Regenix announced the relocation of its UK head office and manufacturing facilities to Garforth, Leeds, from November on Monday.
Ryanair said on Monday that it will cut flight capacity in September and October by 20% as bookings have taken a hit in the last 10 days due to Covid-19 restrictions.
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