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Google searched: Paris police search offices in tax probe
Google's Paris office has been searched by gendarmes as part of a €1. 6bn tax fraud probe, according to reports.
Results round-up
DIY retailer Kingfisher put together a solid start to the year, with 6. 2% like-for-like growth in B&Q and Screwfix stores in the UK and Ireland contributing to 3. 6% group growth to £2. 7bn.
Europe midday: Stocks reverse losses as banks advance, euro slips
European stocks reversed opening losses to trade higher, led by strength in the banking sector as investors continued to focus on the timing of the next Federal Reserve rate hike.
London midday: Stocks rise as Brexit concerns ease after poll
London stocks advanced on Tuesday after a new poll showed the Remain campaign for the European Union referendum is leading.
Retail volumes inch higher in May but likely to fall in June, CBI finds
UK reported retail sales volumes returned to modest growth in May, according to a survey by the Confederation for British Industry (CBI), but orders have dropped sharply and volumes are expected to fall again next month.
Carney defends Brexit stance, says mortgage rates could rise
Bank of England governor Mark Carney defended his organisation's rhetoric on Brexit in front of the Treasury Select Committee on Tuesday morning, and explained why he believes mortgage rates could rise if Britain votes to leave the European Union.
US pre-open: Stocks seen touch higher with Fed still in focus
US futures pointed to a slightly firmer open on Wall Street in a rebound from Monday’s declines, although the focus is expected to remain firmly on the Federal Reserve and the timing of the next rate hike.
Numis leaves Paragon at 'buy' after first half results
Paragon’s shares fell on Tuesday after Numis said it expects to downgrade its estimates "modestly" following the mortgage lender’s first half results.
Asia report: Markets retreat as investors watch Fed
Most markets in Asia ended lower on Tuesday, with Japan and China leading the pack lower as investors in the region took after their US counterparts in playing wait-and-see with the Federal Reserve.
Playtech buys Swedish games studio Quickspin
Gambling software developer Playtech has acquired Swedish games studio Quickspin AB for a maximum consideration of six times the company’s EBITDA in 2018, subject to a €50m cap.
Goldman Sachs warned Arcadia about BHS buyer, MPs told
Philip Green's Arcadia Group was warned about the potential risks of selling High Street chain BHS to Dominic Chappell, a combined committee of MPs heard on Monday.
Paragon Group's first half profits jump on buy-to-let demand
Paragon Group on Tuesday reported a 12. 5% increase in underlying profits to £71. 9m in the first half as the provider of mortgages and personal loans received strong demand for buy-to-let house purchases.
German economic sentiment unexpectedly deteriorates in May
German investor confidence unexpectedly deteriorated in May, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Nationwide sees solid profit growth; mortgage lending at pre-recession levels
Nationwide Building Society posted a solid jump in full-year profit, with mortgage lending volumes rising to pre-recession levels.
Barclays upgrades Imperial Brands on improving margin confidence
Barclays upgraded Imperial Brands to ‘overweight’ from ‘equalweight’ and lifted the price target to 4,200p from 3,750p, driven by more bullish medium-term expectations.
Shanks confirms talks to acquire Van Gansewinkel in reverse takeover
Shanks said it is on the verge of making an acquisitive approach for a larger rival, Dutch and Belgian waste collection and recycling business Van Gansewinkel, which would constitute a reverse takeover.
Vectura teams up with Propeller on inhaler plan
Vectura Group said it was joining forces with Propeller Health to develop inhalers that combine their two technologies.
Revenue, earnings slightly ahead at Keller Group
As investors gathered for Keller Group’s annual general meeting on Tuesday morning, the ground engineering specialist revealed its numbers were ahead of last year in year-to-date trading.
Topps Tiles interim profit rises as store rebrand bears fruit
Topps Tiles posted a rise in first-half profit, with revenue up as the rebrand and upgrade of its store bears fruit.
Card Factory sales growth slows in first quarter
Card Factory said like-for-like sales growth slowed as a reduction in footfall at it stores offset continuing growth in average spend per customer.