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US close: China concerns and choppy dollar hit stocks
US stocks fell on Tuesday after Chinese manufacturing data teamed up with a highly volatile dollar.
Sports Direct dumps JD shares as BHS remains in play
Sports Direct has continued to dispose of shares in rival JD Sports as chairman Mike Ashley eyes a move to rescue the collapsed BHS chain.
Commodities: Gold futures retreat after hitting 15-month high
Commodities were knocked lower almost across the board in the wake of weaker than expected manufacturing data out of China which itself came close on the heels of another negative surprise out of the States in the previous session.
Sector movers: Insurers and telecoms lead gains
Insurers led the way higher on Tuesday, boosted by positive coverage from some of the largest brokers, including Barclays and Macquarie.
Bonds: German bunds rise most in six weeks as EU slashes inflation outlook
These were the movements in the most widely-followed 10-year sovereign bond yields:.
FX round-up: Emerging market currencies hit by weak Chinese data
America´s greenback ended on a higher note following weak figures on the state of China´s manufacturing sector with emerging market currencies left nursing the worst losses.
Europe close: Stocks get off to weak start in May
A weaker than expected reading on the state of China´s manufacturing sector added to worries about global growth and added to already weak sentiment among analysts heading into what is typically a seasonally weak time of the year for trading in equities, May and summer.
Tight race between Brexit and Remain campaigns, poll reveals
It continues to be a tight race between the Brexit and Remain campaigns ahead of the European Union referendum, according to the latest poll by ICM on Tuesday.
Wednesday preview: Sainsbury's reports full year results amid Home Retail deal
J Sainsbury reports its full year results on Wednesday in the wake of its agreement to buy Argos owner Home Retail Group.
Directors dealings: Shire chief sells part of performance share award
Shire chief Flemming Ornskov sold 3,111 out of a total of 10,942 American Depositary Receipts which vested on 2 May, the company said in a statement.
London close: FTSE ends lower after manufacturing PMIs miss forecasts
The FTSE 100 closed lower on Tuesday, led by a decline in mining stocks after disappointing Chinese and UK manufacturing data.
Small caps news round-up
Blur Group has signed a two-year contract with an unnamed FTSE 250 multi-channel retail group, extending an existing relationship. The AIM-listed enterprise services platform and marketplace said the new contract will focus on the procurement of system and infrastructure monitoring and data integration services through Blur's platform.
Conviviality buys Bibendum PLB for £60m
UK alcohol wholesaler Conviviality has conditionally agreed to buy Bibendum PLB for £60m.
Too early to assess if US inflation will be sustained, Fed´s Lockhart says
A top US rate-setter continued to emphasise that the central bank might hike interest rates twice more in 2016, even while flagging risks to the economy and the outlook for inflation.
Gold futures hit 15-month high after weak manufacturing PMIs
Gold futures hit a 15-month high on Tuesday as traders reacted to weaker than expected readings on manufacturing sector activity in China, overnight, and from the US, on Monday, which might lead to less monetary policy tightening and greater demand for safe-haven assets.
FTSE 250 movers: Tullow slides on downgrades; Just Eat rallies
London’s FTSE 250 index was down 0. 4% to 16,726. 93 in afternoon trading.
Interserve JV wins £46m water contract
Interserve’s joint venture with process engineering firm Doosan Enpure has been awarded a £46m contract by Northumbrian Water to upgrade the Horsley water treatment works in the Tyne Valley.
'Country fashion' favourite Joules sets out plans for Aim float
Clothing retailer Joules has revealed its plans for a £140m initial public offer on London's AIM market.
US open: Stocks fall after worse-than-estimated China PMIs
US stocks fell on Tuesday after Chinese manufacturing data came in worse than anticipated.