Latest News
Euro area consumer confidence weakens unexpectedly in August
Consumer confidence in the euro area cooled unexpectedly in August, according to the preliminary results of a survey.
US new home sales beat forecasts by wide margin in July
New home sales Stateside rose sharply in July, far surpassing economists' forecasts, buoyed by activity in the Northeast.
US open: Stocks edge higher; Best Buy surges on Q2 results
US stocks rose on Tuesday despite continued weakness in oil markets, as investors cheered earnings from Best Buy and Toll Brothers, as well as a strong reading on new home sales.
SABMiller's shareholders can be split in two classes, judge rules
Brewery and beverage giant SABMiller’s shareholders can be treated as two classes when they vote on the £79bn takeover by rival Anheuser Busch InBev, a judge ruled on Tuesday.
City of London Group director Jason Granite resigns
AIM-listed financial services company City of London Group said on Tuesday that director Jason Granite has resigned.
Mexican retail sales slow in second quarter
Strong fundamentals underpinned retail sales in Mexico during the month of June, but analysts cautioned that a small slowdown in activity was evident in the data, pointing to downside risks for economic growth in the third quarter.
Markit's flash US manufacturing PMI drops more than expected
Activity in the US manufacturing sector deteriorated more than expected in August, according to data released on Tuesday.
Broker tips: BHP Billiton, Petra Diamonds, Tullet Prebon
Jefferies upped its recommendation on BHP Billiton to ‘buy’ from ‘hold’ as it took a look at the metals and mining sector.
FTSE 250 movers: JRP Group, housing stocks rally
The FTSE 250 gained 0. 78% to 18,010. 36 points on Tuesday afternoon.
Results round-up
Persimmon reported a better-than-expected jump in first half pre-tax profit on Tuesday as the housebuilder shrugged off Brexit uncertainty.
HSBC Global Research holds Tullett Prebon as 'Buy', lifts target price to 440p
HSBC Global Research has maintained its 'Buy' rating on Tullett Prebon and hiked it price target on the stock to 440p, from 400, citing good momentum and dividend yield.
FTSE 100 movers: Housebuilders lead equities higher
The FTSE 100 rose 0. 66% to 6,873. 69 points in afternoon trade on Tuesday, with housebuilders topping the London index.
Photo-Me nabs Asda's photo business for up to £6m
Instant-service equipment group Photo-Me International has agreed to buy Asda’s photo division for a maximum consideration of £6m.
Wednesday preview: Hikma Pharmaceuticals reports interims in wake of profit warning
Hikma Pharmaceuticals reports its interim results on Wednesday just weeks after surprising the market with a profit warning.
Persimmon's H1 drags house builders higher, bodes well for sector in 2016
UK house builders are topping the FTSE 100 leaders ladder today thanks to Persimmon's chipper interims, prompting some to highlight the sector's 2016 potential.
Strat Aero's shares soar as it achieves NQE status
Shares in Strat Aero have soared almost 60% after it was granted National Qualified Entity (NQE) status by UK's Civil Aviation Authority (CAA), a key step in the commercialisation of the company's training programmes.
Serica Energy announces further delays to North Sea production
Serica Energy, a UK based energy exploration and production company, announced that it was facing further production delays at its Erskine field in the North Sea due to maintenance issues.
Hostelworld reports rise in bookings despite terrorist attacks in Europe
Hostelworld Group reported a 16% rise in 'core' bookings over the first six months of the year despite the recent rise in terrorist attacks around Europe and reaffirmed its expectations for the full-year.
Best Buy's Q2 numbers beat expectations
Best Buy surged in pre-market trade after the consumer electronics retailer’s second-quarter results beat expectations.
Harvest Minerals says positive test results at Maximus prospect
Harvest Minerals confirms positive results for the latest agronomic and metallurgical test-work conducted at the Maximus prospect, part of its Arapua Fertiliser Project in Brazil.