International News
Elon Musk predicts 50% boost to Model 3 battery's power
Tesla boss Elon Musk predicts that his company will be able to mass produce electric batteries for its Model 3 sedans with 50% more power in three to four years' time.
Twitter hides Trump tweet for 'dissuading people from voting'
Twitter hid one of US President Donald Trump’s tweets on Monday warning users that it violated the platform’s regulations against dissuading people from voting.
Europe close: Stocks end sharply higher, tech and oil issues lead
Stocks held onto their big early gains after news that US health regulators had cleared a potentially key treatment for Covid-19, convalescent plasma, for emergency use and might do something similar with the vaccine being developed by Oxford University.
Takeda sells consumer business to Blackstone for £1.7bn
Japan's Takeda Pharmaceutical has agreed to sell its consumer healthcare business to US private equity firm Blackstone for 242bn yen (£1. 7bn) in the Japanese company's latest deal to reduce debt and focus on more complex treatments.
Monday broker round-up
Dechra Pharmaceuticals: Liberum initiates at sell with a target price of 2,740p.
US and EU clinch 'mini' trade deal around Maine lobster
The Trump administration managed to haul in an unexpected catch, convincing the European Union to lift tariffs on Maine's lobster industry.
US pre-open: Futures point to solid gains on optimism around Covid-19 treatment
Wall Street futures were pointing to solid gains ahead of the bell on Monday as after the US Food and Drug Administration issued an emergency use authorisation for convalescent plasma on Covid-19 patients.
Advisor Kellyanne Conway to leave White House
White House advisor Kellyanne Conway announced on Sunday that she will be leaving Donald Trump’s administration at the end of August, claiming she needs to focus on her family.
UK nightclubs to implement new health and safety regulations
UK nightclubs face imminent “financial armageddon” due to the Covid-19 pandemic shutdown and have put forward new health and safety regulations.
Asia report: Markets close higher, ChiNext stocks soar on new rules
Markets in Asia finished higher across the board on Monday, as investors digested weekend development in the Covid-19 pandemic.
Old Mutual predicts H1 loss as Covid-19 hits trading
Old Mutual predicted it would suffer a first-half loss after the insurer was affected by weak sales and rising claims caused by the Covid-19 crisis.
Balfour Beatty JV wins £1.3bn Hong Kong airport contract
Balfour Beatty's Gammon joint venture has won a HK$12. 9bn (£1. 3bn) contract to expand terminal 2 at Hong Kong International airport.