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FTSE 250 movers: Hochschild rallies on silver gains; TUI travels lower
London’s FTSE 250 was up 0. 4% at 20,314. 41 in afternoon trade on Monday.
US open: Stocks advance following volatile week
Wall Street stocks were in the green after the bell on Monday as market participants tried to shake off anxiety stemming from last week's speculative retail trading mania.
Market growth barriers likely to fade, JP Morgan says
Investors are showing healthy wariness about markets but barriers to growth are likely to recede after a recent retrenchment, JP Morgan said.
Surge in US manufacturing sector activity continues in January, survey shows
Manufacturing sector activity in the US continued to surge ahead at the start of the year with the majority of respondents to a closely-followed survey reporting very strong demand.
FTSE 100 movers: Fresnillo shines as silver surges; Pearson hit by downgrade
London’s FTSE 100 was up 0. 8% at 6,460. 39 in afternoon trade on Monday.
Advertising agency WPP partners up with TikTok
WPP and TikTok announced a partnership on Monday that will allow the advertising agency’s clients to benefit from "unique access and capabilities" on the video-sharing platform.
DX Group's B2B revenues impacted by nationwide lockdown
Delivery solutions provider DX Group said on Monday that while trading continued to track "materially ahead" of 2019 in the lead up to Christmas, business-to-business volumes were inevitably impacted by the national lockdown imposed in December.
Horizon Therapeutics to buy Viela Bio for $3.1bn
US biotechnology company Horizon Therapeutics has agreed to buy Viela Bio for around $3. 1bn.
WheelsUp to go public with $2.1bn value in Spac deal
Private jet charter company WheelsUp is going public via a merger with a special purpose acquisition company (Spac) in a deal valuing the startup at an enterprise value of $2. 1bn (£1. 5bn), according to a report.
Winter weather sees shoppers abandon the high street
Winter weather kept shoppers away from UK high streets last week, industry data showed on Monday.
AstraZeneca to divest Viela Bio stake
AstraZeneca has agreed to divest its 26. 7% stake in US biotechnology company Viela Bio as part of the latter’s proposed acquisition by Horizon Therapeutics.
Netcall trades 'comfortably in line' in first half
Automation and customer engagement software company Netcall updated the market on its first half on Monday, reporting that it traded “comfortably in line” with management expectations during the period.
AEX Gold upbeat on latest sampling at Kangerluluk
Greenland-focussed gold company AEX Gold updated the market on its 2020 exploration campaign at the Kangerluluk property within the Nuna Nutaaq licence on Monday, with historic channel sampling returning high-grade results.
Open Orphan renews contract with Carna Biosciences
Pharmaceutical services clinical research organisation Open Orphan announced a further contract renewal with Carna Biosciences on Monday, extending its integrated drug development consultancy services with Open Orphan subsidiary Venn Life Sciences.
Clear Leisure makes good progress with investments
Clear Leisure updated the market on its investments on Monday, reporting that the court in Bologna had chosen to continue the company’s €1. 03m (£0. 91m) legal claim against the previous management of Sosushi through an arbitration process.
US pre-open: Futures trade higher following volatile week for stocks
Wall Street futures were in the green on Monday as market participants looked set to shake off anxiety stemming from last week's speculative retail trading mania.
Porvair profit drops as crisis hits demand
Porvair's annual profit fell as the filtration and environmental technology group suffered declining revenue due to supply constraints and falling orders during the Covid-19 crisis.
Bayer to help produce CureVac's Covid-19 vaccine
German chemicals giant Bayer has inked a deal to manufacture CureVac's Covid-19 vaccine candidate.
UK manufacturing growth slows to three-month low in January
UK manufacturing growth slowed to a three-month low in January, dented by further Covid-19 restrictions, according to a survey released on Monday.
Europe midday: Miners push Stoxx higher as Reddit focuses on silver
European shares were higher at midday on Monday as the the Reddit retail frenzy turned its attention to silver, with precious metals miners driving strong gains as a result.