1. Rolls-Royce: broker flags 'abnormally cheap' share price with a punchy price target
UBS sees China's reopening as an important and ‘underappreciated catalyst’ for the jet engine maker that could bring valuations back into line with historical norms.
2. Move aside physical and online, multichannel is the future of retail
The performance of physical and online apparel retailers post-pandemic has raised the question as to whether the sector has gone full circle and if brick-and-mortar is once again the consumers preferred shopping channel.
3. FTSE 100 stays level with Fed chair Powell back in focus
The FTSE 100 stayed level at the close, finishing at 7,930 for a slight 0.1% gain.
4. Greatland Gold sees 'most encouraging results to date' at Scallywag project
Scallywag in the Paterson region of Western Australia is located adjacent to the company's flagship Havieron gold-copper project discovered in 2018.
5. Aviva to confirm the size of share buyback and dividend on Thursday
The market will be looking out for an announcement on a sustainable share buyback, with analyst estimates ranging from £300m per year from UBS to £284mln from Barclays, which expectations that there may be more colour on additional one-off excess capital returns.