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US close: Stocks rise as oil prices rebound, traders cheer earnings
US stocks climbed on Tuesday as traders hailed earnings from Best Buy and Toll Brothers, and upbeat data on new home sales.
Eight regional Fed banks ask for 25 point hike in discount rate
The minutes of the US central bank's discount rate meeting on 25 July revealed that eight out of 12 regional Fed banks asked for a 25 basis point increase in the discount rate at that meeting, up from six on 13 June.
Bonds: BoE pays premium at latest reverse auction
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Amiad Water Systems' irrigation business the main source of revenues
Water treatment and filter provider Amiad Water Systems said that its irrigation business was the main contributor to revenues in the first half of the year, but the company was affected by the plummeting price of oil.
Commodities: Citi, Goldman sound cautious note on oil futures
Crude oil futures buoyed the commodities space as reports that Iran was warming to the idea of an oil output freeze by several of the world's major producers led to an intra-day reversal in prices.
Tuesday newspaper share tips: Liverpool FC, The Restaurant Group
There are two types of football clubs in the English Premier League -- those that win silverware and those that don't, opines Financial Times' Lex column.
Sector movers: Miners, homebuilders pace advance
Miners led the pack north after analysts at Jefferies weighed with an upgrade on shares of iron-ore miner BHP Billiton, which in turn gave a boost to its main peers.
FX round-up: Sterling, dollar soar against cliff-diving rand
Sterling turned in modest gains on most key crosses this afternoon, but like the US dollar was well ahead versus the cliff-diving South African rand as markets jitters centred on the tenure of the emerging market's finance minister.
Death toll from drug war in the Philippines rises to 1800
Newly elected President Rodrigo Duterte’s mission to cleanse the Philippines from drug crime has led to 1800 deaths in the seven weeks following his election.
Journey Group agrees to be taken private by Jaguar Holdings
Journey Group, a provider of in-flight products and catering services to airliners, agreed to be taken private by Jaguar Holdings.
Europe close: Shares recoup previous day's losses
European stocks rose on Tuesday, bouncing back from the previous session’s losses despite weak oil prices, as investors continued to eye this week’s speech by Federal Reserve Chair Janet Yellen at Jackson Hole.
London close: Blue-chip miners, banks push FTSE higher as house builders fly
London indices closed up thanks to heady gains among house builders after Persimmon posted robust first-half results, with miners, financials and supermarkets also on the up.
Small cap news round-up
AIM-listed exploration and production company Urals Energy has agreed to purchase Arctic Oil Company (ANK) from AMNGR, which is a subsidiary of Russian state-owned oil company JSC Zarubezhneft.
Directors dealings: Tullow boss cashes in
Tullow Oil boss Aidan Heavey pocketed £759,031. 88 from the excercise of options granted to him under the oil explorer's 2005 deferred share bonus plan in 2005, together with sales via JSN Investments Limited.
Oil futures spike on reports Iran warming to idea of output freeze
Reports that Iran might now be more willing to join international efforts to prop up the price of crude oil sent crude futures into reverse, resulting in a spike in prices in afternoon trading.
JM Smucker shares dive after first quarter results
Cost-cutting at JM Smucker lifted earnings first quarter earnings at the food manufacturer, helping to offset the impact from a sharp drop in revenues.
Urals Energy to buy ANK
AIM-listed exploration and production company Urals Energy has agreed to purchase Arctic Oil Company (ANK) from AMNGR, which is a subsidiary of Russian state-owned oil company JSC Zarubezhneft.
Cape has mixed first six months due to weak UK business
Cape, an international provider of industrial services to the energy and natural resources sector, reported mixed results for the first half of the year due to weaknesses in the UK business, but maintained that full-year expectations were unchanged.
FBI found almost 15,000 more undisclosed emails from Clinton
Democratic candidate Hillary Clinton failed to disclose the existence of 14,900 emails to the Federal Bureau of Investigation (FBI) during its investigation, according to the Financial Times.
EU leaders meet to reaffirm European ideal after Brexit result
The three leaders of the EU’s largest countries by population maintained that the Britain's decision to leave the trading block did not mean the end of Europe.