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Black Friday helps boost UK retail sales
UK retail sales jumped last month, industry data showed on Tuesday, as consumers sought out Black Friday deals and got a head start on Christmas shopping.
US close: Stocks end session higher as omicron fears seemingly fade
Wall Street stocks traded higher on Monday as market participants seemed to become relaxed about the new Covid-19 omicron variant.
Tuesday preview: Chinese foreign trade data, Ferguson in the spotlight
The focus in financial markets on Tuesday will be on the People´s Republic of China where foreign trade figures for November are due out.
Europe close: Stocks rise on latest Omicron update, slowing infections in Austria
European shares started the week on the front foot, helped by data out from South Africa showing much shorter hospital stays and an absence of any significant increase in in-hospital deaths in one of the main hospital complexes in Pretoria in comparison to the recent surge in the number of infections.
London close: Stocks finish firmer as Omicron concerns ease
London stocks closed in the green on Monday as worries about the Omicron variant eased, with strength in the energy sector lending a hand.
Director dealings: Treatt CFO sells down almost £4m worth of shares
Bank of Georgia Group revealed on Monday that Gemsstock Limited has purchased £3. 36m worth of shares in two transactions.
KEFI shares surge as situation in Ethiopia improves
KEFI Gold and Copper issued a positive update on the security situation in Ethiopia on Monday, following the government’s launch of “major military offensives” in late November to drive rebel militias out of the states they had recently occupied.
FTSE 250 movers: FirstGroup rallies; Synthomer slides on downgrade
London’s FTSE 250 was up 1% at 22,869. 33 in afternoon trade on Monday.
Broker tips: Synthomer, Kistos, Clarkson
Synthomer tumbled on Monday after Morgan Stanley downgraded the shares to ‘underweight’ from ‘overweight’ and slashed the price target to 400p from 568p.
Tesco faces empty shelves at Xmas as strike threat looms
Tesco warehouse workers and drivers are preparing to hold a series of strikes over pay which could result in shortages in stores across the country, their union said on Monday.
Poolbeg signs option deal for potential melioidosis vaccine
Clinical-stage infectious disease pharmaceutical company Poolbeg Pharma has signed an option agreement to licence ‘MelioVac’, a vaccine for melioidosis, with University College Dublin and its inventor Siobhán McClean, it announced on Monday, through the university’s intellectual property office NovaUCD.
Barclays downgrades Persimmon, upgrades Crest Nicholson and Berkeley
Barclays downgraded its stance on Persimmon on Monday, but upgraded Crest Nicholson and Berkeley as it took a look at UK housebuilders.
US open: Stocks mixed as omicron fears take a back seat
Wall Street stocks were mixed early on Monday as market participants seemed to become relaxed about the new Covid-19 omicron variant.
FTSE 100 movers: Oil giants gush higher; Persimmon hit by downgrade
London’s FTSE 100 was up 1. 3% at 7,215. 24 in afternoon trade on Monday.
Europe midday: Gig economy stocks slump on fears of EU crackdown
European shares pared early morning gains but were still up at lunchtime on Monday after a bumpy ride last week, while gig economy stocks plunged over fears over a potential EU crackdown on employment practices.
Beowulf subsidiary agrees terms for Finland joint venture
Mineral explorer and developer Beowulf announced on Monday that its wholly-owned Finnish subsidiary Grafintec and Epsilon Advanced Materials, a subsidiary of Epsilon Carbon, have signed a joint venture heads of terms for the establishment of an anode materials production facility to be located in Finland.
Touchstone reports on first production test at Royston-1
Touchstone Exploration updated the market on results from the first production test at its Royston-1 exploration well on Monday, and provided data from the second test, both of which confirmed separate light oil discoveries.
Uber loses UK High Court bid over London business model
Ride-hailing company Uber has lost a High Court bid to have its business model ruled compatible with London’s transport operating laws.
EU law change could have 'significant' impact on Deliveroo profit, says Citi
Deliveroo shares slumped again on Monday amid concerns that potential changes to the way its workers are classified under European Union law could impact earnings.
Distribution Finance Capital builds on positive momentum in 2021
Specialist bank Distribution Finance Capital said on Monday that it had successfully built on the "positive momentum" and record new loan origination seen throughout the year.
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