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Europe close: Stocks finish higher despite news of Covid-19 outbreak in Beijing
Stocks across the Continent extended their rebound in later afternoon trading stoked by news of further stimulus Stateside and after the release of a much stronger-than-expected reading on US retail sales.
Wednesday preview: UK CPI, Berkeley Group in focus
The spotlight in the middle of the week will fall on the latest consumer price data.
China moves to stem Covid-19 outbreak in Beijing
Authorities in the Chinese capital ordered all schools to close again in a bid to stem an outbreak which could, potentially, jeopardise efforts nationwide to reopen the economy.
Fed's Powell remains confident on 'full' economic recovery, given time
The head of the US central bank sounded a confident note on the outlook for a "full" recovery in the US economy over the long-term but conceded that uncertainty remained very high and that such a rebound would take time.
PharmaMar shares jump after FDA approves first lung cancer treatment for 22 years
Shares of Spanish biotechnology firm Pharma Mar jumped after receiving approval from US regulators for its treatment against small cell lunch cancer treatment.
US industrial production hit bottom in May
Industrial production in the States rose by slightly less than expected last month but the underlying details of the data pointed to the start of a recovery, economists said.
Europe midday: Stocks bound ahead, extending gains
Stocks across the Continent were extending their rebound in later afternoon trading stoked by news of further stimulus Stateside and after the release of a much stronger-than-expected reading on US retail sales.
US May retail sales leave forecasts in the dust
Investors hoping for a stronger-than-expected reading on monthly retail sales on Tuesday weren't disappointed.
Oxford study shows 'significant' reduction in Covid-19 deaths with cheap treatment
A cheap and widely available steroid treatment has proven effective in reducing the mortality rate among the most severely ill Covid-19 patients.
Europe open: Stocks rally on US stimulus news, volatility falls back
Stocks across the Continent are extending their rebound from the previous day stoked by news of further stimulus Stateside.