Full List Of Stories
Asia Dragon shares surge on Ashoka merger proposal
Shares in the Abrdn-run Asia Dragon Trust spiked on Tuesday after the £35m Ashoka Whiteoak Emerging Markets made a merger approach for its much larger rival.
FTSE 250 movers: Abrdn's Asia Dragon in focus after approach from smaller rival
FTSE 250 (MCX) 20,387. 87 1. 11%.
BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins
BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and “significantly weaker” fuels margins as it also started a $1. 75bn share buyback.
German exports up 0.9% in March but factory orders post shock fall
Germany on Tuesday reported an unexpected 0. 9% rise in exports in March compared with the previous month, according to official data.
Eurozone construction sector struggles as new orders fall
The eurozone construction sector remains in decline at the start of the second quarter of the year after a sharp fall in new orders, with Germany, Italy and France the major contributors, a survey published on Tuesday revealed.
Europe open: Shares in strong start as UBS shines on return to profit
European markets made a bright start to Tuesday amid more earnings reports with UBS shares up on strong first-quarter results.
Apax IX Fund offloads stake in Healthium
An affiliate of the Apax IX Fund, in which Apax Global Alpha is a limited partner, has sold its controlling interest in Healthium MedTech, an India-based medical devices firm.
RBA leaves rates unchanged despite slow inflation fall
Australia's central bank left interest rates unchanged on Tuesday despite a slower-than-expected fall in inflation.
UK April retail sales hit by wet weather, early Easter - BRC
UK total retail sales fell 4% year on year in the April as wet spring weather deterred shoppers, despite businesses offering hefty discounts in an attempt to entice customers into stores, according to a survey published on Tuesday.