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FTSE 250 movers: Mobico slumps after results delay; Close Bros rallies
FTSE 250 (MCX) 19,145. 34 -0. 37%.
Barclays unveils massive overhaul as profits fall 6%
Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.
Europe midday: Forvia slumps on job cuts plan; Barclays rallies
European stocks opened lower on Tuesday as investors fretted about the timing of interest rate cuts, while French car parts supplier Forvia fell after announcing large job cuts.
Europe open: Shares down on rate worries; Revamp plan lifts Barclays
European stocks opened lower on Tuesday as investors fretted about the timing of interest rate cuts, while UK bank Barclays was in focus after announced in first major overhaul in 10 years.
EZ construction output rises 0.8% in December
Construction output in the eurozone rose 0. 8% in December from the prior month, according to official data released on Tuesday.
GCP Infra signs new revolving credit facility
GCP Infra has agreed a new revolving credit facility and cut its total commitment by £40m to £150m.
BHP in massive nickel write-down after prices collapse
Annual profits at Australian mining giant BHP slumped after it took a massive hit on its nickel operations and the financial after-effects of the 2015 Samarco dam disaster in Brazil continued to dog the company.