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WH Smith outlines plans for equity raise
WH Smith announced its intention to place shares among institutional investors, in turn potentially clearing the way for new financing arrangements on improved terms.
Europe close: Stocks rally but analysts divided on outlook
Stock across Europe rallied at the start of the holiday-shortened week, boosted by news of falling death rates from the Covid-19 pandemic in France, Italy and Spain, together with a big drop in the rate of new infections in the latter, although analysts remained divided on the outlook for shares.
Tuesday preview: Covid-19 pandemic, OPEC+ talks in the spotlight
The focus in financial markets on Tuesday is likely to be on the pace of improvement, or not, in the ongoing Covid-19 pandemic, both on the Continent and across the Pond in the States.
FTSE 250 movers: GVC expected to come through, Playtech down as Covid-19 hits key markets
Bakkavor was at the top of the leaderboard at the start of the holiday-shortened trading week, bouncing back after the heavy selling seen at the end of the prior week.
Europe midday: Stocks near session highs led by travel and leisure issues
Stock market indices across Europe are trading near their best levels of the session, boosted by news of falling death rates in France, Italy and Spain, together with a big drop in the rate of new infections in the latter.
Japan to unveil stimulus package worth nearly 20 per cent of GDP
Japanese authorities unveiled plans at the start of the week to launch the country's biggest ever stimulus package in a bid to contain the economic fallout from the Covid-19 pandemic.
JP Morgan boss anticipates financial stress akin to 2008 crisis
The head of America's largest lender by market value is digging in for a severe downturn.
Europe open: Stocks rally amid fall in Covid-19 fatalities
Stocks on the Continent were rallying at the start of the week, boosted by news of falling death rates in France, Italy and Spain, together with a noticeable drop in the rate of new infections in the latter.