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Europe midday: Stocks in the red; German investor sentiment weighs
European stocks were in the red on Tuesday, led lower by basic resources, as the latest ZEW survey showed German investor sentiment fell to its lowest level since November 2012 this month.
Regulators investigate Fiat Chrysler over manipulated sales reports
Fiat Chrysler Automobiles are being investigated by federal regulating authorities following accusations of inflated sales reports.
DRS Data ticks higher after offer from exam marker AQA Education
AQA Education, the organisation that is responsible for setting and marking around half of A-Level and GSCE papers each year, has made a takeover approach for exam and polling data group DRS Data & Research.
Synectics scores with 3 contract wins worth £8m
Security technology company Synectics that it has secured three new contract wins with an estimated combined value of around £8m to be implemented between now and September 2018.
UK house prices rise 1.1% in May before Brexit, says ONS
UK house prices rose 1. 1% in May compared to a month ago, even in the uncertainty leading up to Britain’s European Union referendum on 23 June.
US pre-open: Stocks seen touch weaker; Goldman Sachs results eyed
US futures pointed to a mildly weaker open on Wall Street as investors awaited key earnings from the likes of Goldman Sachs.
Irish leader calls on EU chiefs to prepare for Ireland unity poll
Irish Taoiseach Enda Kenny has opened the debate for a unity poll on the country's border with Northern Ireland, after Britain's decision to leave the European Union last month.
Asia report: Japan higher despite SoftBank tumble
Markets in Asia ended tuesday mixed, with Japan finishing higher even after shares of the hefty SoftBank fell after its takeover bid for ARM Holdings.
StatPro half-year recurring revenues soar 26%
Investment software maker StatPro Group said half year annualised recurring revenues (ARR) rose 26% to £36. 2m.
Brexit woes send German investor sentiment to lowest since November 2012
Concerns over Brexit sent German investor confidence to its lowest level since November 2012 in July, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Inflation edges higher in June as sterling poised for boost
UK inflation jumped higher than expected in June, according to the Office for National Statistics, and is likely start rising even higher due to the slump in sterling since the Brexit vote.
BT under-investing in Openreach, say MPs
BT is “significantly under-investing” in its broadband infrastructure subsidiary, Openreach, and should put its house in order, according to a committee of MPs.
4D Pharma announces encouraging first clinical trial of Blautix
4D Pharma announced a positive response from its Blautix treatment for irritable bowel syndrome (IBS) in a phase 1 clinical trial.
Sky shares rise as RBC raises rating to 'outperform'
Shares in Sky rose on Tuesday as RBC Capital Markets lifted its rating on the stock to ‘outperform’ from ‘underperform’ and raised its target price to 1,100p from 1,000p.
Apple teams up with GlaxoSmithKline for ResearchKit project
Apple has stepped up its foray into the health technology world, teaming up with British firm GlaxoSmithKline for a project using ResearchKit, a medical platform for studies and clinical trials.
Saxo Bank goes short on Nintendo after Pokemon Go surge
Saxo Bank told clients its equities team had placed a short position on Nintendo stock that will activate on Wednesday's Tokyo opening bell after its price soared 125% on the launch of its Pokémon Go game.
Alliance Pharma sales more than double on Sinclair acquisition
Specialty pharmaceutical company Alliance Pharma said its sales more than doubled in the six months ended 30 June thanks to its acquisition of the Sinclair Healthcare Products business in December last year.
Netflix falls sharply as price rises scare away subscribers
Shares in television streaming service Netflix dropped sharply in after-hours trading in Wall Street on Monday, after a price rise for its users led to cancellations and a drop in new users.
Cairn Energy shares fall on Canaccord downgrade
Cairn Energy was on Tuesday downgraded by Canaccord Genuity to a ‘hold’ rating from ‘buy’ and its target price cut to 220p from 240p.
Europe open: Stocks in the red as miners lose ground
European stocks pushed lower in early trade, with basic resources under pressure as the post-Brexit rally lost steam amid rising geopolitical tensions.