The EU has announced it will ban the Russian state-backed channels RT and Sputnik in an unprecedented move against the Kremlin media machine. The European Commission president, Ursula von der Leyen, said: “Russia Today and Sputnik, as well as their subsidiaries, will no longer be able to spread their lies to justify Putin’s war and to sow division in our union. So we are developing tools to ban their toxic and harmful disinformation in Europe. ” - Guardian.
Financial markets' focus will continue to be on the headlines coming out of Ukraine and any news regarding ceasefire talks between Kiev and Moscow.
Wall Street stocks turned in a mixed performance on Monday as Russian and Ukraine officials arrived at the border to discuss potentially calling a stop to hostilities between the two sides.
European stocks managed to pare initial sharp drops after Western governments imposed massive sanctions on Russia over its invasion of Ukraine, likely helped by news of ceasefire talks between Kiev and Moscow.
The first round of talks between Ukraine and Russia adjourned on Monday without an agreement being reached, and with the members of both delegations having returned to their respective capitals for consultations with their governments.
London stocks were mixed at the close on Monday, with the top-flight index paring some of its earlier losses, after Western powers imposed tougher sanctions on Russia after the latter put its nuclear forces on “special alert” over the weekend.
Chevron has agreed to buy and Renewable Energy Group (REG) in a $3. 15bn deal.
Analysts at Berenberg hiked their target price on diversified mining outfit Anglo American from 3,600. 0p to 3,800. 0p on Monday, stating the firm has "still got it".
Oxford Instruments surged on Monday after confirming it has received a possible takeover offer from Spectris at 3,100p a share.
London’s FTSE 100 was down 0. 9% at 7,420. 89 in afternoon trade on Monday.
A one-off £150 cut in English household council tax payments in April will be treated as tax credit rather than a reduction in liabilities, the Office for National Statistics said on Monday.
Howden Joinery Group disclosed more than £0. 1m of director buys on Monday, made by its chief executive and financial officers.
The FTSE 250 index was down 0. 20% at 1507 GMT on Monday.
Wall Street stocks were firmly in the red early on Monday as Russian and Ukraine officials arrived at the border to discuss potentially calling a stop to hostilities between the two sides.
A gauge of factory activity in the Chicago area retreated last month for the first time since November.
Analysts at Canaccord Genuity slightly raised their target price on wholesale Kitwave from 240. 0p to 255. 0p on Monday, stating a "positive start" to the 2022 trading year had driven further upgrades for the stock.
Texas-focussed oil and gas exploration and production company Nostra Terra announced on Monday that the Fouke 2 well at its Pine Mills oil field in the east of the state had now reached total depth.
Immunodiagnostics company Oncimmune Holdings announced the signing of a new commercial contract with Verily Life Sciences on Monday, a member of Google owner Alphabet’s stable, focusing on the autoantibody profiling of patients who had Covid-19 and gone on to develop long lasting symptoms for more than four weeks, or ‘long Covid’.
Early-stage technology investor Forward Partners reported “strong” ventures portfolio growth in a full-year trading update on Monday, reporting that it was expecting growth through to the end of 2021 to be in line with expectations.
Connected health platform operator Trellus Health announced the launch of its direct-to-consumer offering in the New York tri-state area on Monday, for people living with Crohn's disease and ulcerative colitis.
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