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Europe open: Shares make cautious start; Smurfit Kappa slumps
European shares opened cautiously higher on Tuesday as investors digested UK jobs data and were cheered by an easing of property worries in China as troubled developed Country Garden won some breathing space on bond payments.
Dowlais holds guidance as GKN posts strong first half
GKN Automotive owner Dowlais Group held annual guidance after posting better-than-expected maiden interim profits, driven by strong margins and the growing push for electric vehicles.
Ithaca Energy to buy out Shell stake in Cambo field
UK oil and gas producer Ithaca Energy on Tuesday said it was buying the remaining 30% stake in the West Shetland Cambo field from Shell UK.
AB Foods lifts guidance again as Primark recovers
UK conglomerate Associated British Foods lifted annual guidance again boosted by recovery at its Primark retail chain and strong performance from food operations.