Latest News
Finablr founder steps down as HMRC suspends payments unit
The founder of Travelex-owner Finablr stepped down as chairman and director on Monday after a fraud scandal that engulfed the payments firm.
US close: Stocks finish mixed as focus remains on China
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.
Europe close: Stocks end mixed but off early lows
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.
Sector movers: Miners lead as PBoC adds liquidity, lenders pace losses
Food producers paced gains in the stock market at the start of the week with shares of Cranswick at the head of the pack.
Tuesday preview: Brexit talks, BHP Group in focus
Previously, on Tuesday, Brexit talks are due to resume between the UK and the European Union.
London close: Markets finish higher as investors mull data, US-China tensions
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.
Broker tips: Burberry, Persimmon, Synthomer
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.
Director dealings: New Just Group chairman makes share purchase
Just Group revealed on Monday that chairman John Hastings-Bass had acquired 98,200 ordinary shares in the FTSE 250-listed financial services group.
SEC Newgate signs fist commercial customer to 'TRUE AI'
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.
Boku launches e-wallet services in Indonesia
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.
BofA says investors giving Tesla a 'blank check', doubles target price
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.
NY Fed factory index slips in August
The Federal Reserve Bank of New York's regional manufacturing sector index slipped in August.
FTSE 250 movers: Cranswick rallies on update; easyJet flies lower
London’s FTSE 250 was up 0. 2% at 17,766. 26 in afternoon trade on Monday.
Cranswick sees FY ahead of expectations after strong first quarter
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.
SpaceX increases new funding round to $2bn
Elon Musk’s SpaceX company has increased the size of its latest funding round to $2bn due to strong demand.
US open: Mixed start to trading as stimulus talks stall, trade tensions rise
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.
EasyJet confirms closure of 3 UK bases, job losses
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.
FTSE 100 movers: Miners rally on China stimulus; travel stocks hit
London’s FTSE 100 was up 0. 7% at 6,130. 45 in afternoon trade on Monday.
Tissue Regenix to save £0.4m with move across Leeds
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 to cut capacity by 20% as bookings weaken
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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