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Tuesday preview: Fedspeak, ECB vice-President in focus
Investors' focus on Tuesday will be on a raft of Fed speakers who are due to take to the podium, given some market watchers' concern that the US central bank is not moving fast enough on tightening monetary policy.
Retail sales fall as cost of living crisis bites
UK retail sales fell in April, industry research showed on Monday, as the mounting cost of living crisis started to bite.
Sector movers: Autos&Parts hit by concerns around Ukraine war, fresh Russia sanctions
Autos&Parts were at the bottom of the pile again as concern around the war in Ukraine continued to take its toll.
US close: Stocks extend losses on Monday
Wall Street stocks closed firmly in the red yet again on Monday following a sixth-straight losing week for the blue-chip Dow Jones.
Morrisons confirms McColl's rescue deal
Morrisons confirmed on Monday that it has agreed to buy convenience store operator McColl’s from the administrator, seeing off competition from the Issa brothers’ EG Group.
London close: Stocks sink on growing concerns for global economy
London stocks finished well below the waterline on Monday, with economic growth and inflation concerns weighing on sentiment as investors mulled disappointing Chinese trade figures.
Fed's Bostic makes case for sticking with 50bp interest rate hikes, then pause
A top US central bank official defended the Federal Reserve's recent decision to raise official short-term interest rates by 50 basis points instead of acting even more forcefully.
FTSE 250 movers: Victrex falls on results; Qinetiq pushes higher
London’s FTSE 250 was down 2. 2% at 19,379. 29 in afternoon trade on Monday.
Broker tips: Mondi, Rathbone Brothers, Beazley
Credit Suisse cuts its price target on Mondi shares to 1,940. 0p from 2,150. 0p to reflect the paper and packaging group's decision to divest its high-margin Russian operations.
Northern line through Bank to reopen next week
City commuters will be relieved from 17 weeks of disruptions next week, with the reopening of the Bank branch of the Underground’s Northern line.
US open: Stocks register early losses following sixth-straight losing week for Dow
Wall Street stocks were firmly in the red yet again on Monday following a sixth-straight losing week for the blue-chip Dow Jones.
Director dealings: K3 director linked to purchase, Diurnal exec sells shares into ISA
Software company K3 Business Technology was at the top of the list of buys on Monday, after Kestrel Partners spent more than £40k on its shares.
Bitcoin falls to fresh lows
The price of bitcoin has tumbled to fresh lows as investors switch away from riskier assets.
FTSE 100 movers: Miners under the cosh after China data; retailers rally
London’s FTSE 100 was 1. 5% lower in afternoon trade on Monday at 7,274. 58.
Quadrise projects on track after board review
Lower-carbon fuel technology company Quadrise said it was on track to achieve its commercialisation targets in an update on Monday, after a board review and “positive engagement” with counterparties over the last month.
Ncondezi surges on potential Mozambique solar project
Ncondezi Energy updated the market on the review of its integrated Ncondezi 300 MW power project in Tete, Mozambique on Monday, saying it had found potential for a grid-scale solar-plus-battery storage project at the site.
K3 Capital updates investors after share price fall
Professional services provider K3 Capital updated the market on the recent decline in its share price on Monday, reporting that it was not aware of any reason for the fall.
Clontarf buys 10pc of Western Australia offshore gas prospect
Oil and gas explorer Clontarf Energy announced the acquisition of a 10% interest in the “high-impact” multi-trillion cubic feet Sasanof offshore exploration prospect in Western Australia on Monday, for an initial $4m (£3. 23m) cash and 100 million shares.
Credit Suisse cuts Mondi price target on Russia exit
Credit Suisse cuts its price target on Mondi shares on Monday to 1,940p from 2,150p to reflect the paper and packaging group’s decision to divest its high-margin Russian operations.
Court of Appeal to hear Rotala's challenge to Manchester bus franchising
Bus operator Rotala updated the market on its legal challenge to the proposed franchising of the bus network in Greater Manchester on Monday, confirming its appeal would be heard by the Court of Appeal.
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