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KEFI Minerals positive about talks with Ethiopian Government
Gold exploration and development company KEFI Minerals provided an update on its discussions with the Government of Ethiopia on Tuesday, over various aspects involved in formalising the agreements for the development of the Tulu Kapi Gold Project.
MP Evans soars on hostile Malaysian takeover offer
Shareholders in Indonesian palm oil plantation owner MP Evans have received a 640p takeover from Kuala Lumpur Kepong (KLK), though the AIM-listed company's board has rejected the terms of the deal.
Sector movers: Anglo American leads miners higher
Anglo American led the mining sector higher on the back of its latest production report showing increased diamond, nickel and iron ore output and lower copper in-line with expectations, with full-year guidance mostly reiterated.
FTSE 100 movers: Miners rally but Whitbread drops on Costa concerns
London’s FTSE 100 was up 0. 8% to 7,043. 33 in afternoon trade.
FTSE 250 movers: National Express gains but Countrywide slumps
London’s FTSE 250 was down 0. 1% to 17,848. 99 in afternoon trade.
Commodities: Moderate gains in bulk metals after volatility during Chinese session
Commodities were little changed overall in early afternoon trading despite sharp gains overnight in the prices for several key steel-making ingredients during Chinese trading hours.
Secure Property extends Romania redeemable shares
Secure Property Development & Investment updated the market on the acquisition of the BLUEBIGBOX 3 property in Romania on Tuesday.
ESM gives Greece €2.8bn second loan tranche
The European Stability Mechanism, the eurozone's bailout fund, gave Greece the remaining €2. 8bn of the second loan tranche on Tuesday.
General Motors posts impressive Q3 results, smashing expectations
Despite falling auto sales in the industry, General Motors reported a profit increase of more than double in its latest earnings report in comparison with last year.
Wednesday preview: Lloyds reports third quarter trading update
Lloyds Banking Group reports its third quarter trading update on Thursday as the bank undergoes a major restructuring.
Credit Suisse sees rising risks for challengers banks Aldermore, Shawbrook
OneSavings Bank received an upgrade but Aldermore and Shawbrook were downgraded by Credit Suisse as it warned the risks facing the UK's challenger banks were "becoming harder to ignore" heading into 2017.
Procter & Gamble beats on earnings, shares rise in pre-market
Consumer goods giant Procter & Gamble reported its first quarter earnings on Tuesday, which showed an increase in profit from the same period last year, sending shares in the company 1. 1% higher in pre-market trading.
88 Energy raises AUD 11m from institutional investors
88 Energy announced on Tuesday that it has reached agreement regarding a placement to raise gross proceeds of AUD 11m, to two US-based institutional investors.
Pendragon revenues rev up, expects little effect from Brexit price hikes
Automotive retailer Pendragon’s third quarter revenue increased as it said that it had not suffered from any uncertainty in the wake of the Brexit vote and from fluctuating foreign exchange rates.
Whirlpool slides as Q3 earnings miss estimates
Whirlpool slid in pre-market trade after its third-quarter earnings missed estimates and the company cuts its earnings guidance for full-year 2016.
Carpetright sales fall but branding boost keeps profits on track
Carpetright defied expectations that it would warn on profits on Tuesday, instead admitting that while gross margins will be hit by the weak pound it remains confident of hitting full year profit targets.
Trump launches Facebook Live broadcast for nightly campaign updates
US presidential candidate Donald Trump has begun to broadcast a daily Facebook Live program with two weeks left until voters go to the polls to decide whether he or Hillary Clinton will be the next resident of the White House.
Red Emperor Resources updates market on quarterly progress
Red Emperor Resources posted an update for the quarter to 30 September on Tuesday, confirming all relevant documentation for the transfer of Otto Energy’s equity interest in Block SC 55 was prepared by Otto during the period.
Europe midday: Stocks underpinned by German business confidence, miners
European stocks edged higher on Tuesday, supported by strength in the mining sector and a strong reading on German business confidence.
Trading in Unicredit and Monte dei Paschi di Siena halted.
Trading in Unicredit and Monte dei Paschi di Siena has been halted.