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Morning Report: FTSE 100 strengthens on hopes for global easing of lockdown restrictions

Headlines from the Proactive UK newsroom.

The FTSE 100 climbed nearly 60 points higher on hopes for a worldwide easing of coronavirus lockdowns restrictions. Boris Johnson is to outline the UK’s plans on Sunday.

New car registrations slowed to a standstill in April after coronavirus lockdown measures were introduced, according to new trade figures. Only 4,000 cars were registered in April, a 97% drop on a year ago. Car dealerships have been closed as part of the virus restrictions.

Ryanair, meanwhile, flew only 40,000 passengers in April compared to 13.5mln a year ago as the coronavirus restrictions grounded its fleet. The airline operated 600 flights, or 99% less than budgeted.

Cruise operator Carnival PLC(LON:CCL) has been forced to defend plans to resume some services in North America from August after they were met with a barrage of criticism. The FTSE250-listed group said it intended to phase-in services from Miami, Port Canaveral and Galveston from the 1st of August using eight ships.

Genedrive (LON:GDR) is to raise up to £8mln to fund development of its two coronavirus diagnostic assays. The funding at 80p was primarily with institutional investors.

BATM’s (LON:BVC) Adaltis subsidiary has launched new test kits that diagnose if a patient has had COVID-19 by detecting antibodies present in their blood. They're fully CE certified and the Group has commenced shipping initial orders to several customers in Europe.

Gaming Realms (LON:GMR) is to launch its Slingo Orginals game on the 888 platform after extending its licensing and revenue share agreement with the FTSE 250 group. The entire Slingo Originals portfolio is now available on 888casino.com.

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