**EMBARGOED UNTIL 00. 01 TUESDAY 10 NOVEMBER 2020** Retail sales continued to improve in October, according to a widely-watched survey released on Tuesday, but the pace of growth eased ahead of fresh lockdown measures coming into effect this month.
European shares bounded higher, led by Spanish and French issues, after Pfizer and BioNTech said their Covid-19 vaccine candidate prevented more than 90% of infections in a study of tens of thousands of volunteers, paving the way for emergency use.
The market spotlight on Tuesday will fall on the latest UK employment data.
London stocks closed well into positive territory on Monday following positive news on the Covid-19 vaccine being developed by Pfizer and BioNTech, as investors cheered Democrat Joe Biden’s US presidential election win.
Jefferies downgraded its rating on shares of RSA Insurance on Monday to ‘hold’ from ‘buy’ after the insurer confirmed last week that it was in talks to sell itself for £7. 2bn to a consortium comprising Canada’s Intact Financial Corp and Denmark’s Tryg A/S.
Cadence Minerals revealed on Monday that non-executive director Adrian Fairbourn had acquired 185,000 ordinary shares in the AIM-listed mining investor.
Gulf Marine Services' lenders have warned the company they are not willing to negotiate any of the terms of the company's financial agreements after a group of shareholders voted down a key measure at a general meeting.
Large-scale vanadium flow battery manufacturer Invinity Energy Systems announced on Monday that the European Marine Energy Centre (EMEC) has purchased a 1. 8 MWh vanadium flow battery system, for delivery in 2021.
Luxury interior furnishings group Walker Greenbank announced on Monday that its Sanderson, Sanderson Home and Morris & Co brands have signed a licensing agreement with FTSE 100 fashion retailer Next for an “extensive range” of clothing, homeware and accessories, for an initial term of two and a half years.
Commercial sector gas, electricity and water supplier Yu Group announced the acquisition of the business customer book of a Midlands-based energy group on Monday.
London’s FTSE 250 was up 5. 6% at 18,920. 49 in afternoon trade on Monday as investors cheered positive news on a potential Covid-19 vaccine.
Vanadium producer Bushveld Minerals announced on Monday that Orion Mine Finance has agreed, through its affiliate, to subscribe for up to the entire $35m of convertible loan notes under the instrument it announced on 30 September.
Technology investment company Asimilar Group announced on Monday that its wholly-owned subsidiary Intrinsic Capital Jersey has made a further direct equity investment of £0. 25m in SeeQuestor.
Pfizer's announcement that its Covid-19 vaccine candidate is 90% effective is the biggest scientific step forward since the virus emerged in late 2019.
Wall Street stocks opened sharply higher on Monday following some seriously positive headlines surrounding Pfizer and BioNTech's Covid-19 vaccine and Joe Biden's victory in the 2020 US presidential election.
Aerospace and Defence, and Big Oil were wanted at the start of the week following news that one of the front-runners in the fight to find a vaccine against Covid-19 had proven far more effective than even company insiders had hoped for.
JP Morgan Cazenove has thrown its weight behind financial stocks following Joe Biden’s victory in the US presidential race.
Wall Street futures had stocks opening sharply higher ahead of the bell on Monday following Joe Biden's declaration of victory in the 2020 US presidential election and some seriously positive headlines surrounding Pfizer and BioNTech's Covid-19 vaccine.
London’s FTSE 100 was up a whopping 5. 5% at 6,234. 69 in afternoon trade on Monday as investors cheered positive news on Pfizer’s Covid-19 vaccine with BioNTech.
The fourth wave of Covid-19 in the US may be out of control, a top-ranked economist believes.
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