The Market Report with Katie Pilbeam.
FTSE 100 opened higher as the UK jobless numbers came in well below forecasts. London’s blue-chip index added 37 to 7,070.
Amazon is said to be eyeing up MGM Studios in a US$9bn deal. The news came just hours after AT&T agreed to merge with Discovery as the battle for streaming content ratchets up. MGM is one of Hollywood’s most famous studios with a vast back catalogue of iconic content.
() has announced its second good bit of Covid-19 vaccine news this week. Trials with Canada’s of a plant-derived candidate have gone well, it said.
Gas-fired boilers should be banned from 2025 according to the International Energy Agency (IEA). The move is one of 400 steps proposed to achieve net-zero emissions by 2050.
Among the small caps, () has commenced its drilling programme at Clontibret in County Monaghan, Ireland. The main focus is developing a gold deposit.
BATM Advanced Communications Limited () has commenced the delivery of two new diagnostic tests for COVID-19. One client is the Italian Olympic Committee, which will use the kits for the upcoming Olympic Games in Japan.
() has got the greenlight to boost production volumes at the Wressle oil field in England. The oiler owns 40% of the project.