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London close: Stocks fall, pound dips amid Covid and cross-channel chaos
London stocks closed well into negative territory on Monday, along with the pound, as investors were rattled by a new strain of Covid-19, a UK travel ban, border chaos and a missed Brexit deadline.
Europe close: Travel stocks slump as UK hit by new Covid travel bans
European shares finished Monday in depressed mood as travel stocks slumped in response to harsher Covid-19 curbs in England and travel bans from several countries to protect their borders.
Broker tips: Tui, GB Group
Analysts at Berenberg cut their target price on travel group Tui from £3. 50 to £2. 50 on Monday, stating that while a Covid-19 vaccine might cure the coronavirus itself, it did nothing to aid the firm's capital structure.
Europe midday: Shares slump as UK border chaos, Brexit spook investors
European shares continued their plunge on Monday as investors took flight in response to new border closures by several countries as the UK battled to fight a new strain of the coronavirus and stalled Brexit talks amid the pandemic heightened worries.
Director dealings: Sirius Real Estate CEO makes share sale
Sirius Real Estate revealed on Monday that chief executive Andrew Coombs had disposed of 2. 60m ordinary shares in the FTSE 250-listed business park specialist.
Amigo proposed payout cap to deal with mis-selling claims
Troubled sub-prime lender Amigo Holdings on Monday put forward a proposal that would see borrowers who believe they have been mis-sold loans receive capped payouts.
BrandShield signs cybersecurity deal with Bristol Myers Squibb
Cybersecurity company BrandShield Systems has signed a contract to provide services to US-based biopharmaceutical giant Bristol Myers Squibb, it announced on Monday.
BlueRock upbeat on pricing as it recovers two 'exceptional' diamonds
BlueRock Diamonds announced the recovery of two gem-quality exceptional stones at its Kareevlei Diamond Mine on Monday.
Surgical Innovations recovers in second half ahead of tough winter
Medical technology company Surgical Innovations said on Monday revenues in its second half had recovered in line with management expectations, with group revenue for the full year now expected to exceed £6m.
Symphony Environmental suing EU over degradable plastics directive
Symphony Environmental Technologies began legal action against the Commission, Parliament, and Council of the European Union on Monday, in relation to their decision to adopt Article 5 of the Single Use Plastics Directive 2019/904.
Canaccord Genuity reiterates 'buy' rating on GB Group following US stimulus deal
Analysts at Canaccord Genuity stood by their 'buy' rating on identity management company GB Group on Monday after the US Congress signed off on a second major economic stimulus program over the weekend.
US open: Stocks lower as new Covid-19 strain rattles markets
Wall Street stocks opened sharply lower on Monday as concerns regarding a "new" strain of Covid-19 in the UK offset positive stimulus headlines.
Metal Tiger makes investment in Australia's Catalyst Metals
Natural resources investor Metal Tiger has subscribed for 142,857 new shares in Catalyst Metals at a price of AUD 2. 10 per share, it announced on Monday, for a total investment of about AUD 0. 3m (£0. 17m), as part of Catalyst's AUD 18m placement.
Halma buys Wolverhampton-based Static Systems for £37m
Halma said on Monday that it has bought Wolverhampton-based Static Systems, a designer, manufacturer and installer of critical communication systems, for £37m in cash.
Sutton Harbour Group buys new site for residential-led development
Sutton Harbour Group said on Monday that it has acquired the freehold of a site of around 1. 5 acres at market value, immediately to the east of Sutton Harbour.
Fiat Chrysler, PSA win EU approval for $38bn merger
Fiat Chrysler and PSA have received approval for their $38bn merger, the European Commission said on Monday.
Agios Pharmaceuticals to sell cancer portfolio to Servier
Agios Pharmaceuticals said on Monday that it has agreed to sell its commercial, clinical and research-stage oncology portfolio to independent global pharmaceutical company Servier for as much as $2bn.
Boohoo appoints PKF Littlejohn as auditor
Fast-fashion retailer Boohoo has appointed PKF Littlejohn as its auditor with immediate effect.
Berenberg lowers target price on Tui
Analysts at Berenberg cut their target price on travel group Tui from £3. 50 to £2. 50 on Monday, stating that while a Covid-19 vaccine might cure the coronavirus itself, it did nothing to aid the firm's capital structure.
Thoma Bravo to buy US data analytics provider RealPage
Private equity firm Thoma Bravo has agreed to buy US software and data analytics provider RealPage in an all-cash deal that values the company at around $10. 2bn.
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