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US close: Stocks fall on decline in oil prices, poor China data
US stocks closed in the red on Tuesday as oil prices declined and poor Chinese data added to worries about the nation's slowdown.
Italy's Tyman buys Giesse
Tyman, maker of components for doors and windows, has bought Giesse at an enterprise value of €78. 9m (£51. 39m).
BoE's Carney treads carefully in testimony to Treasury Select Committee
Bank of England Governor Mark Carney offered a parliamentary committee a balanced opinion on membership of the European Union, saying it benefitted the UK economy by increasing its openness but admitted there were risks from remaining in the EU and in particular from developments in the euro area.
Commodities: Oil, metals retreat on Chinese data
Oil and metal futures tanked on Tuesday, following disappointing data from China.
Europe close: Analysts, IMF call for bold action from policymakers
European stocks fell on Tuesday, with basic resources suffering the brunt of the downturn following disappointing data from China and as investors chose to focus on the negatives on Tuesday.
Tuesday newspaper share tips: Just East, Mediclinic
Should investors in Just Eat follow its chief and finance director’s decision to bail-out of the better part of their stakes in the food-delivery chain?.
Market overview: Vicious profit-taking in basic resource space
1630:Close Chinese data and a bearish call on the commodities space saw miners caught in a downdraft on Tuesday which sent the DJ Stoxx 600 gauge of basic resource stocks fall by over 9% (after a near 50% rally from their most recent lows). Three-month copper futures on the LME finished the session 2. 8% down to $4,861. 00 per metric tonne, alongside a similar drop in crude oil futures. Burberry on the other hand benefitted from speculation that a possible bid for the company might be in the offing.
Sector Movers: Resource stocks tumble dragging London market lower
Resource stocks headed lower on Monday following poor data from China, dragging headline London indices into negative territory.
FX Roundup: China's data weighs on sentiment as market awaits ECB meet
None of the major forex crosses dominated proceedings on Tuesday, with the European Central Bank’s Governing Council meeting due on Thursday, but bad data from China dominated trading room chatter as commodity futures tanked.
Personal Group hires George Farrow for 'hapi' product
Personal Group was looking to boost its new online benefits platform on Tuesday, appointing the experienced George Farrow to the post of commercial relationships director.
Sweett disputes sale discount for Asia businesses
AIM-listed Sweett Group has disputed the payment it is to receive for the sale of its Asia Pacific and India businesses.
London close: Poor China data leads London lower
London stocks closed in the red on Tuesday, after gloomy data from China and a decline in oil prices drove commodity linked equities lower.
Director dealings: Dotdigital board sell shares to satisfy institutional demand
Four directors of Dotdigital Group have sold more than £1. 6m worth of shares in the company, which they said was to satisfy institutional demand for the tightly held software company's stock.
SQS shares down after company reports widened debt
Shares in SQS Software Quality Systems were trending down on Tuesday, after the company posted a strong set of results for the 2015 calendar year - one of acquisitions for the firm.
Craneware shares up on positive interim numbers
Automated healthcare solutions specialist Craneware reported on a solid start to its 2016 financial year on Tuesday, with revenue and profits both achieving good growth in the firm's interim results.
IMF's number two calls for fiscal stimulus, structural reforms, urges action
The number two official at the world's financial watchdog called on global leaders to move decisively to boost global growth prospects, invoking Churchill's maxim to never "worry about action, but only inaction. ”.
Lakehouse CEO steps down
Lakehouse chief executive officer Sean Birrane has stepped down from the role and will be resigning from the board, the commercial services company confirmed on Tuesday.
Small caps news round-up
AIM-listed niche pharmaceutical manufacturer Quantum Pharma has promoted Chris Rigg to the role of chief financial officer. The appointment follows the resignation of Martin Such on 7 March.
Kolar Gold unaware of any reason for share price surge
Kolar Gold said on Tuesday that it did not know of any reason for the surge in its share price.
EMEA oil majors face higher 2016 debt as crude prices stay low, Fitch says
Major European oil companies will not be able to balance cash inflows and outflows in 2016 under Fitch Ratings' oil price expectations, resulting in higher net debt and a further sharp deterioration in credit metrics, the agency said in a note to clients.