Full List Of Stories
BoE's Huw Pill says rate cuts still some way off
The Bank of England’s chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off".
Getir investors said to fund European exit with new cash injection
Investors in grocery delivery app Getir, which at one point attained a valuation of almost £10bn, are reportedly set to inject yet more money into the company to fund its exit from the UK and Europe.
FTSE 100 movers: AB Foods rallies on results; miners slump
London’s FTSE 100 was up 0. 1% at 8,033. 08 in afternoon trade on Tuesday.
PepsiCo Q1 profit boosted by international performance
US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
AB Foods lifts FY outlook as interim profits jump
Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.
Jefferies upgrades Reckitt Benckiser to ‘hold’
Jefferies upgraded Reckitt Benckiser to ‘hold’ from ‘underperform’ on Tuesday and lifted the price target to 4,400p from 4,100p.
Eurozone business activity grows at fastest rate for a nearly a year
Business activity in the eurozone grew at the fastest pace for nearly a year in April, according to preliminary data released on Tuesday.
Citi remains ‘overweight’ UK banks; HSBC and Barclays ‘top picks’
Citi said on Tuesday that it remains ‘overweight’ UK banks, with HSBC and Barclays its top picks, but Standard Chartered its least preferred.
THG hails ‘standout’ Beauty performance as Q1 revenues rise
THG posted a jump in first-quarter revenue on Tuesday as it hailed a "standout" performance in the beauty business.
Tuesday newspaper round-up: P&O Ferries, TikTok, CVC
P&O Ferries seafarers have been told they will benefit from new French legislation that could double their pay, in what appears to be a significant U-turn by the controversial ferry operator. The move comes more than two years after P&O enraged the UK and French governments by sacking 786 workers and then taking advantage of a legal loophole to hire replacements on pay rates of below the minimum wage. – Guardian.