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Retail sales jump as consumers splash out
Retail sales jumped last month, as shoppers sought out purchases ranging from watches to furniture, industry data showed on Tuesday.
Tuesday preview: US business confidence, BP in the spotlight
Tuesday's economic calendar is light.
US close: S&P 500 gives up some of last week's gains
Wall Street stocks were mostly lower at the end of trading on Monday as traders awaited more earnings reports scheduled for later in the week.
Immune system creates neutralising antibodies against Omicron after three exposures
German scientists have shown that the human immune system creates an abundant amount of high quality antibodies capable of neutralising Omicron once it has encountered the virus's spike protein three times.
Europe close: Buyers and sellers vie for dominance in stock markets
Stocks on the Continent finished the session on a mixed note amid rising bets for interest rate moves from central banks that weighed on equities in the periphery.
London close: Stocks firmer on relatively quiet Monday
London stocks managed a positive finish on Monday, having taken their opening cue from a solid session on Wall Street on Friday, as investors continued to mull the Bank of England’s latest rate hike.
Ladbrokes owner Entain buys Avid Gaming for CAD300m
Ladbrokes owner Entain said on Monday that it has bought Canada’s Avid Gaming for CAD300m (£174m) from Middlebrook Investments Limited.
S&P raises outlook for EasyJet credit rating to 'stable' on air traffic recovery
S&P Global Ratings revised its outlook for EasyJet's long-term credit rating from 'negative' to 'stable' on expectations that European airline traffic was set to continue recovering over the course of 2022.
FTSE 250 movers: Trustpilot travels higher; Hammerson drops
London’s FTSE 250 index was up 0. 6% at 21,843. 62 in afternoon trade on Monday, with no obvious rhyme or reason for any of the top movers in either direction.
Broker tips: Shell, Genel Energy
Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350. 0p to 2,375. 0p on Monday, stating the firm was "on a roll".
Meta threatens to pull Facebook and Instagram from Europe over data transfer row
Meta threatened to pull Facebook and Instagram from Europe if Brussels blocked its ability to send user data to the US.
Director dealings: Litigation Capital chair makes £0.54m purchase
Litigation Capital Management disclosed a share purchase made by its chairman on Monday, worth more than £0. 54m.
US open: Stocks slightly higher following S&P 500's best week of 2022
Wall Street stocks registered some early gains on Monday as traders awaited more earnings reports scheduled for later in the week.
Stellantis Italy van plant pauses production due to engine shortage
Vehicle maker Stellantis stopped production for a day on Monday at its Sevel van assembly plant in Italy, due to a shortage of engines supplied by a group factory in France, according to a union representative cited by European media.
FTSE 100 movers: Flutter flies higher; supermarkets retreat
London’s FTSE 100 was up 0. 7% at 7,572. 09 in afternoon trade on Monday.
UK house prices set for big slowdown after weak January - Halifax
British house prices are expected to slow “considerably” over the next 12 months as households face a cost-of-living squeeze, mortgage lender Halifax said on Monday.
Russia using gas exports for leverage on Ukraine dispute - EU chief
The European Union is in discussions with the US and other potential suppliers about securing more gas deliveries to Europe in the face of “growing evidence” Russia is using exports as political leverage, said EU Commission President Ursula von der Leyen.
Spirit Airlines, Frontier Group to merge in $6.6bn deal
Low-cost US airlines Spirit Airlines and Frontier Group have agreed to merge in a $6. 6bn cash and share deal.
Newsquest in 'exclusive talks' to buy Archant - report
Newsquest is understood it be in exclusive takeover talks with regional newspaper giant Archant, it was reported on Monday.
Essensys appoints James Lowery as UK and Europe CEO
Workspace software and technology company Essensys announced the appointment of James Lowery as chief executive officer of its UK and European business on Monday, effective immediately.
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