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European shares rallied at the open on Tuesday as German factory orders unexpectedly rose in December, while oil giant BP surged after it announced a $1. 75bn share buyback.
Shares in BP surged on Tuesday as the energy giant announced a $1. 75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.
Customised electronics maker discoverIE Group held full-year guidance despite a fall in sales for the four months to January 31, as orders showed signs of improvement.
