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FTSE 250 movers: Ocado delivers; Trustpilot stake sale gets a bad review
FTSE 250 (MCX) 21,159. 94 -0. 14% .
Ocado shares surge on guidance upgrade, narrow losses
Shares in Ocado surged on Tuesday after the online grocer and technology company reported narrower interim losses and lifted full-year guidance as revenue grew across all its divisions.
Cineworld in talks with landlords on UK closures - report
Cineworld has reportedly started talks with UK commercial landlords about plans to shutter up to 25% of its British cinema estate.
Europe midday: Shares fall on weak Germany EZ data; Scor tanks on warning
European shares were lower on Tuesday as investors digested dovish remarks from US Federal Reserve chair Jerome Powell on interest rates, while shares in Scor tanked by a quarter as the French reinsurer issued a profit warning at its life & health business.
Richemont sales flat as weak China demand weighs on luxury sector
Cartier owner Richemont said sales were flat in the three months to the end of June as it became the latest luxury goods to be hit by a heavy fall in Chinese demand.
Europe open: Shares lower despite dovish Powell; Hugo Boss tanks
European shares opened lower on Tuesday as investors digested dovish remarks from US Federal Reserve chair Jerome Powell on interest rates, while shares in Hugo Boss fell sharply as the German fashion house cut annual sales guidance.
Wise Q1 customers, volumes rise as fee cuts continue
Global money transfer service Wise has reported a rise in customer numbers and volumes as it continued to cut transaction fees.