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London close: Travel stocks pace the decline on UK quarantine changes
London stocks closed firmly in the red on Friday, with travel shares under pressure as the UK added more countries to its quarantine list, while disappointing data out of China and deadlocked US stimulus talks also weighed.
US consumer sentiment steady in August
Consumer sentiment in the US was broadly stable in August as Americans remained concerned about the Covid-19 pandemic and the impact on the economy, according to preliminary data released on Friday.
FTSE 250 movers: Travel sector takes a hit; Rank rallies
London’s FTSE 250 was down 1. 1% at 17,735. 50 in afternoon trade on Friday.
FTSE 100 movers: Travel shares hit by quarantine changes; Smurfit rises
London’s FTSE 100 was down 1. 9% at 6,071. 20 in afternoon trade on Friday.
London midday: Stocks extend losses as travel sector slumps
London stocks had extended losses by midday on Friday, with travel shares under pressure as the UK added more countries to its quarantine list, while disappointing data out of China also weighed.
Eurozone suffers record employment fall in Q2
The eurozone suffered a record decline in employment in the second quarter as the Covid-19 pandemic took its toll, according to figures released by Eurostat on Friday.
Citi cuts Domino's to 'sell', says risk/reward skewed to downside
Citi downgraded its recommendation on shares of Domino’s Pizza to ‘sell’ from ‘neutral’ on Friday, with a 290p price target, as it said the risk/reward is more skewed to the downside.
London open: Stocks fall after China data; travel sector hit
London stocks fell in early trade on Friday following the release of disappointing Chinese data, with travel shares under pressure as the UK added more countries to its quarantine list.
Novavax to supply UK govt with 60m doses of Covid-19 vaccine
US vaccine development company Novavax has agreed to supply the UK government with 60m doses of its Covid-19 vaccine, NVX-CoV2373, as early as the first quarter of 2021.
Quiz extends banking facilities to £3.5m
Fast fashion retailer Quiz said on Friday that it has extended its existing banking facilities with HSBC from £1. 75m to £3. 5m.
London pre-open: Stocks seen muted after China data
London stocks were set for a muted open on Friday following the release of disappointing Chinese data.
Friday newspaper round-up: England easing, New Look, Apple
Theatres, softplay centres and music venues are to be given the green light to reopen from Saturday, Boris Johnson will announce, as he brings in new or bigger fines for illegal raves and a refusal to wear face masks in England. People who repeatedly ignore the rules on face coverings in shops and on transport could be fined up to £3,200, and new powers will be introduced to penalise the organisers of mass gatherings including raves, the prime minister will announce.