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Peel Hotels' revenue rises while unsure over impact of Brexit vote
AIM-listed Peel Hotels’ half-year revenue increased while it remains uncertain over the fallout from the Brexit vote on the volume of guests.
RedstoneConnect reports strong first-half trading
RedstoneConnect has made progress in shifting its financial model towards more annuity-based revenue streams in the first half after deciding to focus on providing technology and services for smart buildings and commercial spaces.
Esure shareholders to vote on Gocompare demerger on 1 Nov
Esure updated the market on its proposed demerger of Gocompare. com on Tuesday, saying shareholders get to vote on it at a general meeting on 1 November.
Pure Gym ditches IPO plans due to market volatility
Pure Gym has ditched plans for an initial public offering.
Sterling pounded: what do the experts say?
Following the huge sterling 'flash crash' last week, the pound has continued to subside and on Tuesday morning dipped below 1. 23 against the dollar for the first time since the mid 1980s.
Samsung suspends sales of problematic Galaxy Note 7, tells users to switch off
South Korean smartphone maker Samsung's troubles continue as it has withdrawn global sales of its Galaxy Note 7 device after repeated issues with it catching fire.
Buffett refutes Trump tax claims with release of annual returns
US investment legend Warren Buffett has released his tax returns in response to claims from Republican presidential candidate Donald Trump that he had avoided paying federal income tax.
Putin cancels France trip after Syria row
Russian president Vladimir Putin has called off a meeting with French president Francois Hollande later this month as the fall-out from the Syrian conflict rumbles on.
London midday: FTSE 100 sets fresh intraday record
Stocks were up around record levels by midday on Tuesday, with retailers putting in the best performance, amid profit-taking in oil and a weaker pound.
Commuters face further disruption as Southern Rail strikes continue
Southern Rail workers were going forward with their three day planned strike on Tuesday, despite the Rail, Maritime and Transport (RMT) union advising its members to sign the rail company’s new contracts.
Fiat Chrysler avoids Canadian workers strike with tentative deal
Fiat Chrysler Automobiles production in Canada remains uninterrupted as the automaker reached an agreement with workers union Unifor late on Monday night.
'Hard Brexit' could cost Treasury £66bn a year in lost revenue
A ‘hard Brexit’ could cost the Treasury up to £66bn a year in revenue from tax, according to leaked documents.
Europe midday: Stocks waver as oil retreats; luxury stocks lifted by LVMH
European stocks wavered on Tuesday as oil prices slipped back, but strength in luxury issues and an encouraging reading on German economic confidence lent some support.
US pre-open: Stocks to nudge lower as investors eye Alcoa earnings
US futures pointed to a slightly lower open on Wall Street as investors awaited the latest earnings from aluminium giant Alcoa before the opening bell and as oil prices slipped back.
Samsung to end production of Galaxy Note 7 smartphone
Electronics giant Samsung has said it will permanently halt production and sales of its Galaxy Note 7 smartphone, after a plethora of issues surrounding the device's battery.
Asia report: Markets mixed as Samsung begins serious damage control
Markets in Asia finished mixed on Thursday, with traders focusing on oil prices, as well as the news that Samsung Electronics was set to halt all production of its Galaxy Note 7 smartphone after more fire concerns.
Broker tips: Jupiter Fund, McCarthy & Stone, miners
Jupiter Fund Management got a boost on Tuesday as Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ and lifted the price target to 525p from 420p to reflect a sector re-rating and earnings per share upgrades.
Jupiter Fund boosted by Barclays upgrade
Jupiter Fund Management got a boost on Tuesday as Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ and lifted the price target to 525p from 420p to reflect a sector re-rating and earnings per share upgrades.
German investor confidence strengthens, ZEW survey says
German economic confidence has picked surprisingly strongly this month, with the ZEW investor sentiment survey recording its highest reading in four months.
Canaccord starts McCarthy & Stone at 'buy'
Canaccord Genuity initiated coverage of McCarthy & Stone at ‘buy’ with a 185p price target, noting it is the dominant market leader with a strong brand in the private retirement housing market.