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Europe close: Shares close lower on China worries; Eyes on UK CPI
European shares closed lower on Tuesday as a raft of Chinese date fuelled investor concerns about the faltering state of the world second-largest economy.
Europe midday: Shares extend losses as on China, UK data
European shares slumped on Tuesday as Chinese and UK data fuelled investor concerns about the economic recovery in the world's second-largest economy and more interest rate rises from the Bank of England.
FTSE 250 movers: M&S surges on upgrade; Fin services hit by L&G read across
UK food, clothes and homewares retailer Marks & Spencer on Tuesday lifted guidance for half-year profits after strong sales growth in the first 19 weeks of its financial year.
M&S shares surge as H1 guidance lifted on rise in food, clothing sales
UK food, clothes and homewares retailer Marks & Spencer on Tuesday lifted guidance for half-year profits after strong sales growth in the first 19 weeks of its financial year, sending its shares soaring.
Russia lifts rates to 12% in move to prop up rouble
Russia on Tuesday made an emergency 3. 5 percentage point increase in interest rates as it tried to prop up its currency, the rouble.
UK food price inflation falls for fifth month in a row - Kantar
UK food price inflation fell for the fifth month in a row in the four weeks to August 6 providing some hope that the eye-watering cost of a grocery shop will start to ease for consumers, according to data published by market research group Kantar.
Europe open: Shares slide as China, UK data fuel growth worries
European shares fell at the open as investors digested a data dump from China that fuelled concerns about the world's second-largest economy and and wage growth figures from the UK which sparked worries about more rate hikes.
China suspends youth jobs figures as data misses estimates
China's economic woes continued last month, as a deluge of data missed estimates and the country's statistics bureau controversially suspended publication of youth unemployment figures.
BoE under pressure as UK wages growth hits record high, unemployment up
UK wages growth in the three months to June leapt to its highest rate since records began while the unemployment rate also rose unexpectedly, according to official data released on Tuesday, putting more pressure on the beleaguered Bank of England to lift interest rates again in its fight to quell inflation.
Japan Q2 GDP growth beats expectations
Japan’s economy expanded for the third quarter in a row driven by growth in exports on the back of a weak yen, according to provisional data published on Tuesday.
China makes surprise cut to rates as economy falters
The People’s Bank of China made a surprise cut to interest rates on Tuesday as it looked to stimulate economic demand amid a sputtering recovery.