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FTSE 250 movers: Telecom Plus, Rotork in favour; Oil stocks slip
FTSE 250 (MCX) 20,034. 34 -0. 25% .
HSBC chief executive Quinn in shock departure
HSBC group chief executive Noel Quinn said he was retiring after nearly five years in the job, in a shock announcement on Tuesday.
Eurozone exits recession as Q1 GDP grows 0.3%, inflation holds at 2.4%
There were further signs that the eurozone was starting to turn a corner as inflation held steady at 2. 4% and the single currency economy avoided recession in the first quarter of the year.
Europe midday: Upbeat EZ growth fails to inspire investors as shares slip
European markets were still lower on Tuesday as eurozone inflation data and GDP growth failed to inspire investors.
Europe open: Shares in cautious mood ahead of EZ data
European markets opened lower on Tuesday ahead of eurozone data and amid another dump of corporate earnings and update news.
Glencore says Q1 copper output falls, but holds guidance
Commodities miner and trader Glencore on Tuesday said first-quarter copper production fell 2% while cobalt output declined 37% due to lower production at its Mutanda mine in Congo.
Coca-Cola HBC Q1 revenues beat guidance
Bottler Coca-Cola HBC on Tuesday said first-quarter revenue beat forecasts and reiterated guidance that annual operating profit would grow further on the back of strong demand.
German retail sales post unexpected 1.8% rise in March
German retail sales posted a higher-than-expected by 1. 8% rise in March compared with the previous month, according to official data published on Tuesday.