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Low oil prices see HydroDec swing to a loss
Clean-tech industrial oil re-refiner HydroDec swung to a loss in the 2015 calendar year, reporting tough trading in a low oil price environment on Tuesday.
Europe midday: Stocks turn higher as oil prices advance
European stocks reversed earlier losses to trade a little firmer on Tuesday as oil prices turned higher, although losses for luxury goods stocks kept a cap on gains.
Two more Edinburgh schools found with defective building work under PFI
Defective building work has been found in more schools among the 17 closed in Edinburgh in an emergency safety measure imposed by the city's council on Friday.
Fitch downgrades Saudi Arabia's sovereign bond rating
One of the world's three main ratings agencies downgraded Saudi Arabia's long-term sovereign debt as its analysts marked down their projections for the price of crude oil in 2016 and 2017, although the agency pointed out that the Kingdom's level of debt-to-gross domestic product continued to be much lower than that of its peers.
Falkland Island Holdings tumbles after profit warning and strategy shift
Shares in Falkland Islands Holdings sank to their lowest in more than a decade after it set out plans to increase its UK focus due to the effect of low oil prices on its eponymous business, and warned annual profits would be at least 10% lower than the previous year due to investment in its fine art arm.
Credit Suisse eliminates Aviva from Europe Focus List
Recent underperformance led analysts at Credit Suisse to remove Aviva from their Europe Focus List, but they expected the stock's price to close the gap versus its peers over the next few years.
Brexit could end right to holiday pay for millions, says TUC
Around 7 million UK workers could lose their “hard-won” right to holiday pay if Britain votes to leave the European Union, according to new analysis from the Trades Union Congress (TUC) .
US pre-open: Stocks seen slightly higher as investors brace for earnings
US futures pointed to a slightly firmer open on Wall Street amid rising oil prices, as investors got their first chance to react to a mixed set of earnings from Alcoa ahead of more corporate results.
Netflix hiking prices as it 'ungrandfathers' users
Long-time Netflix customers will soon see a rise in their monthly streaming bill, after the US-based digital media firm confirmed a price hike of £1. 50 for users currently ‘grandfathered’ into old pricing.
Morgan Stanley recommends 'overweight' rating for Diageo
Morgan Stanley issued an ‘overweight’ rating on Diageo on Tuesday, saying the company was its “top pick” among beverage makers.
HSBC ups UK and EM stocks, downgrades Switzerland and Japan
HSBC made some significant changes to its country recommendations in its latest global equity strategy report, saying fundamentals have deteriorated.
Italy agrees to set up bank rescue fund
Italy’s financial industry has approved a plan to create a €5bn (£4bn) rescue fund for struggling banks.
Asia report: China closes down while others advance
Most markets in Asia advanced on Thursday, shaking off the effect of a negative finish in the US overnight.
UK house price growth slows, ONS data shows
UK house price growth surprisingly slowed in February, official figures confirmed on Tuesday, easing to a 7. 6% annual rate of growth from the 7. 9% rise the previous month.
UK inflation rises more than expected to 15-month high
UK inflation increased more than expected in March as an early Easter lifted air fares and as clothing prices rose.
Galliford says costs of fixing Edinburgh schools 'not material'
Construction firm Galliford Try said the cost of its exposure to the Edinburgh schools scandal was “not material to the group”.
Nomura announces EMEA, Americas restructuring
Nomura Holdings has announced a restructuring of its wholesale business in EMEA and the Americas following extreme volatility in global markets and a big drop in liquidity in the second half of last year.
Yen could be replaced by fingerprints for tourists in Japan
Tourists in Japan might soon be able to forgo the rigmarole of changing their sterling to yen, with a new system being launched allowing fingerprints to be used to pay for items.
Tesco sells half stake in Asian ecommerce site to Alibaba
Tesco has agreed to sell just over half its stake in South East Asia ecommerce marketplace Lazada to China's giant Alibaba Group for $129m.
Retail sales decline in March as Easter proves disruption, BRC-KPMG says
UK retail sales in March were flat compared to the previous year but down 0. 7% on a like-for-like basis, according to the industry's benchmark survey.