Latest News
Saudi Arabia prepares for debut international bond sale
The details of the terms offered by Saudi Arabia on its debut sale of foreign currency sovereign debt got out as the Kingdom prepared to tap global capital markets to help fund a budget deficit which had swelled to 15% of gross domestic product in 2015.
Connect Group revenue and profit ahead for full-year
Specialist distributor Connect Group announced its preliminary results for the year to 31 August on Tuesday, with total revenue of £1. 9bn, up 1. 7%.
Verizon could slash their Yahoo bid by half a billion, say analysts
Telecoms company Verizon has reportedly sought a billion-dollar discount on its initial bid of $4. 8bn in light of Yahoo’s recent hacking scandal, according to The Guardian.
Botswana Diamonds begins drilllling on kimberlite licence
Shares in AIM-listed miner Botswana Diamonds fell more than 12% on Tuesday, as the company announced that drilling has started on the kimberlite pipe.
Matomy Media signs up RBC Capital Markets for strategic review
Digital advertising company Matomy Media Group announced on Tuesday that it has engaged RBC Capital Markets as its financial advisor to lead a review of strategic alternatives.
DotDigital revenue grows across regions, 'well placed' for more
Dotdigital Group, the AIM listed provider of intuitive software as a service (SaaS) and managed services to digital marketing professionals, reported a rise in revenues across its global operations.
Chaarat rejects offer to buy gold project
Exploration and development company Chaarat announced on Tuesday that the preparation of the Bankable Feasibility Study for the Tulkubash Heap Leach Project was progressing on schedule.
Hardide trades in line with expectations as oil markets subside
Advanced surface coating technology company Hardide posted a pre-close trading update ahead of ts preliminary results for the year to 30 September on Tuesday.
OPEC chief sees output cut deal in November
Discussions about individual countries' production quotas were unlikely to prove to be a insurmountable stumbling block, the head of the world's cartel of main oil-producing countries said, according to reports.
Harley Davidson profits skid lower as buyers look overseas
US motorcycle maker Harley-Davidson released its third quarter earnings report on Tuesday before the opening bell, showing a significant decrease in profits in comparison with the same quarter last year.
Commodities: Crude futures firm as market digests US, UK inflation data
Crude futures are firmly higher on Tuesday afternoon against a backcloth of consumer-price index (CPI) inflation gauges for September that are in-line for the US and ahead-of-expectations for the UK.
US open: Stocks climb as Goldman Sachs quarterly profit beats forecasts
US stocks rose on Tuesday as banking giant Goldman Sachs reported a rise in quarterly earnings and as data revealed inflation increased in line with expectations in September.
Director dealings: Restaurant Group surges on back of directors' share order
Restaurant Group directors ordered sizeable helpings of shares on Tuesday, sending other investors rushing for more of the same.
Results round-up
FTSE 250 housebuilder Bellway reported a rise in full-year profit as it lifted its dividend and said demand has remained solid despite the Brexit vote.
Sterling surges on suggestion of parliament ratifying Brexit
Sterling vaulted some 1% higher in trade on Tuesday as a government lawyer told the High Court in London that parliament will "very likely" have to ratify any British deal to quit the European Union (EU).
Sterling still overvalued, Goldman Sachs cautions
Analysts at Goldman Sachs cautioned clients that the fall in Sterling might have further to run even after having already dropped by 14% on trade-weighted terms following the Brexit vote in June.
FTSE 250 movers: Domino's gains on US earnings beat
London’s FTSE 250 was up 1. 2% to 18,012. 88 in afternoon trade.
Avon Rubber's finance director to step down by end of November
Avon Rubber, a manufacturer of rubber products to the defence, protection and dairy industries, announced that its finance director is to step down in November and that the financial year had concluded in line with its own expectations.
Mkango Resources granted Phalombe Licence renewal
Mkango Resources said the Government of Malawi has granted a further two-year renewal for Exclusive Exploration Licence 0284, better known as the Phalombe Licence.
Wednesday preview: UK jobs data may show hiring slowdown in wake of Brexit
UK jobs data on Wednesday is expected to show a slowdown in hiring amid uncertainty surrounding the Brexit vote.