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Soggy UK growth puts FTSE 100 under pressure; Croda strikes $1 billion chemicals sale

Disappointing UK growth figures put a spanner in the works for the FTSE 100 in early trade on Wednesday, defying expectations that Tuesday’s rally would continue. The benchmark index around 0.3% to 7,277.92 but the falls remain marginal, so far. Gross domestic product in the world’s fifth-biggest economy increased 1.1% in the third quarter to the end of September, weaker than a preliminary ...

Covid-19 diagnostic firms have fallen too far given they still play a crucial role

The successful development of vaccines was a triumph for the world and was for the most part great news for equities too, however it negatively impacted sentiment for one particularly sub-set of the market. The initial excitement surrounding biotechnology companies involved in developing Covid-19 testing kits and treatments for sufferers of coronavirus rapidly evaporated as the focus moved from ...
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