The FTSE 100 struggled for direction at open after uncertainty in the Asian market over the pace of recovery from COVID-19.
London’s leading index added 7 points to 7,311 in early deals.
Tesla Inc (NASDAQ:TSLA)’s share price fell over the weekend after Elon Musk polled its Twitter followers on whether he should sell 10% of his holdings in the electric car maker. Over half of the respondents voted in favour of the sale.
As of today, fully vaccinated travellers from the UK, the EU and several other countries will be able to enter the US. Transport Secretary Grant Shapps said this is "significant moment" for transatlantic travel.
Syndey Airport has agreed to a £13bn takeover from a group of investors shortly after Australia lifted restrictions for international travel. If it goes ahead, it will make it one of the country’s biggest buyouts.
Sirius Real Estate Limited has proposed to acquire BizSpace Group, a UK provider of regional flexible workspace, for £245mln. It would mark the entry into a new market for Sirius, who has been focusing on German business and industrial parks so far.
Among the small caps, Kodal Minerals PLC (AIM:KOD) has been granted a mining licence for its flagship Bougouni lithium project in Mali. The miner has started work to update the feasibility study, ahead of securing funding for mine development and construction.
Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) has announced a new light oil discovery on the Ortoire block in Trinidad, where the first of three tests beat expectations. The explorer said light oil can be easily and economically developed alongside any gas development.