Total coronavirus infections in Italy falls for second day but daily deaths and new cases climb

Deaths from coronavirus in Italy climbed by 534 today as the total number of infections fell for the second day in a row.  The number of new cases of COVID-19 in the country also increased to 2,729 from 2,256 on Monday, authorities said. Despite a drop in the number of patients with the disease, fatalities … Read more

After a stock market crash like no other, the climb back will look a lot different too

The stock market’s climb back from the pandemic induced fall is likely to be very different to those which occurred after other market crashes. Some leading indices such as Germany’s DAX have already returned to a technical bull market, generally defined as prices being 20 per cent higher than the recent low point. It’s no … Read more

How politicians on both sides of the Atlantic helped the pound to climb back from its 35-year low

The pound has bounced back strongly from lows of $1.15 less than two weeks ago to around $1.24 at the time of writing, and from €1.06 to €1.14. Moves of this size in either direction are rare and take a particular set of circumstances to be in place for them to occur. In this instance, … Read more

MARKET REPORT: British pharma shares climb as firms lead the virus war

Britain’s science and pharmaceuticals expertise was out in full force as a clutch of junior market-listed firms made strides in fighting coronavirus.  Novacyt and Yourgene surged after inking a manufacturing deal that will help Novacyt step up production of tests for the disease.  Yourgene’s state-of-the-art facility in Manchester will initially make critical components – but … Read more