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Auction Technology shares soar as revenues rise 11%
Shares in Auction Technology Group soared by a fifth as the art and antique online marketplace operator said it expected annual results to be in line with expectations after an 11% increase in revenue for the first three months of the year.
FTSE 250 movers: Auction Technology soars on Q1 revenues; DEC slips
FTSE 250 (MCX) 19,389. 79 0. 41% .
Carnival earnings hit by Red Sea attacks, but says bookings strong
Carnival's annual earnings will take a hit as the cruise line giant is forced to re-route ships that were due to transit the Red Sea up to May this year, the company said on Tuesday, but said strong bookings would offset the impact over the year.
Eurozone Q4 GDP comes in flat, avoids technical recession
The eurozone and European Union managed to avoid a technical recession after official flash estimates showed the economy flatlined in the last three months of 2023.
Hapag-Lloyd shares slump as Red Sea attacks hit Q4 profits
Shares in Hapag-Lloyd fell sharply on Tuesday as the shipping giant reported a 92% fall in fourth-quarter earnings as it felt the impact of attacks on commercial vessels by Iran-backed Houthi militants in the Red Sea.
Pfizer posts better-than-expected Q4 results
Pharmaceutical giant Pfizer reported better-than-expected quarterly earnings on Tuesday, driven by its cost-cutting programme aimed at an eventual return to profitability.
Europe midday: Shares hold gains as eurozone avoids recession
European share markets held gains on Tuesday as flash eurozone fourth-quarter gross domestic product data showed the single-currency bloc avoided a technical recession.
Germany on edge of recession as GDP contracts in Q4
Germany’s economy contracted in the final quarter of 2023 last year, official data revealed on Tuesday, meaning Europe’s largest economy is close to recession.
Europe open: Shares up ahead of flash eurozone GDP
European share markets opened higher on Tuesday as investors eyed flash eurozone fourth-quarter gross domestic product figures later in the morning.
French economy stagnates, avoids technical recession
France avoided entering a technical recession but its economy stagnated in the second half of 2023, according to official data released on Tuesday.
HSBC slapped with £57.4m fine for deposit protection failures
HSBC bank has been fined £57. 4m by the Bank of England after admitting serious failings in protecting customer deposits.
SSP Group holds FY outlook after strong rise in Q1 sales
Travel food outlet operator SSP Group on Tuesday held full-year guidance after a strong rise in first-quarter sales as rail and air passenger numbers continued to recover after the Covid pandemic.