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Week ahead: Bank of England, US non-farm payrolls in focus
Investors' focus over the coming week will be firmly on the Bank of England, as rate-setters meet on Thursday to decide on monetary policy.
Europe close: End of month drubbing for healthcare and banks
European stocks finished January on a sharply down note as investors fretted about stockmarket valuations and Covid vaccine supplies on the Continent, after a week in which a web-inspired group of small investors took on large US hedge funds.
Novartis inks deal to help Pfizer-BioNTech ramp up output of Covid-19 vaccine
Switzerland's Novartis AG has inked a deal with Pfizer-BioNTech aimed at boosting the world's output of Covid-19 vaccines.
London close: Stocks finish weaker as market jitters continue
London stocks closed in negative territory on Friday, as worries about the Covid-19 vaccine rollout and Reddit-fuelled market chaos knocked sentiment.
Weekly review
The FTSE 100 ended the week 287. 61 points lower, closing at 6,407. 46 on Friday.
Friday broker round-up
Trainline: Barclays downgrades to underweight with a target price of 360p.
EU approves AstraZeneca Covid-19 vaccine
The European Union drug regulator said on Friday that it has approved the use of AstraZeneca’s Covid-19 for use in adults.
BofA sees 'correction' ahead in stockmarkets
Strategists at Bank of America are anticipating a 'correction' in global stockmarkets over the next few months but within the context of more enduring changes in the backdrop for financial markets.
Ovoca Bio enrols first patient in sexual desire treatment trial
Biopharmaceutical company Ovoca Bio said on Friday that the first patient has been enrolled in a phase 2 dose-ranging study assessing ‘BP-101’, which it described as a novel treatment for premenopausal women with hypoactive sexual desire disorder (HSDD) - a condition characterised by a distressing lack or loss of sexual desire.
Broker tips: Wizz Air, Trainline
Analysts at Berenberg raised their target price on budget airline Wizz Air from 4,800. 0p to 5,000. 0p on Friday, stating the group was on track to bounce back from the Covid-19 pandemic better than ever.
Rockfire's Plateau Gold Deposit tops 200,000 ounces
Gold and base metal exploration and development company Rockfire Resources announced on Friday that its wholly-owned Plateau Gold Deposit in Queensland Australia, had surpassed a JORC 2012 mineral resource of 200,000 ounces of gold.
ADM Energy extends alliance memorandum with Trafigura
Natural resources investment company ADM Energy has extended its indicative memorandum of understanding to enter into a strategic alliance with Trafigura for a further 12 months, it announced on Friday.
Jangada secures strategic shareholding in Fodere Titanium
Natural resources company Jangada Mines has secured a strategic shareholding position in Fodere Titanium, it announced on Friday, with its investment into Fodere now standing at £0. 47m, representing about 3. 6% of Fodere's current capitalisation.
US SEC warns market participants to follow rules, warns on volatility
America's stockmarket regulator warned of the possible fallout from the recent sharp volatility in the share prices of smaller firms.
Facebook to develop tools for advertisers to remove harmful content
Facebook said Friday it would develop “topic exclusion controls” on its platform to give advertisers tools to remove harmful content that appears alongside their ads.
CMA launches inquiry into Uber's Autocab acquisition
Uber’s acquisition of Autocab is the subject of the new inquiry by the UK’s competition watchdog that was launched on Friday.
US open: Stocks head south as volatile week gets set to draw to a close
Wall Street stocks were in the red at the start of trading on the final day of what has been a volatile week for markets.
FastForward raises £2.1m for new investment opportunities
Investment company FastForward Innovations has placed 24,705,879 new shares at a price of 8. 5p each with new and existing shareholders, it announced on Friday, raising £2. 1m to fund a number of investment opportunities.
Moderna cuts vaccine deliveries to Italy and France
Moderna has told Italy and France they will get fewer vaccine doses than expected in February in a further setback for EU vaccination programmes, according to a report.
FTSE 100 movers: Prudential falls again; Ocado gains
London’s FTSE 100 was down 1. 4% at 6,432. 30 in afternoon trade on Friday.