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Brexit could risk 232,000 jobs, says LSE chief
The head of the London Stock Exchange said that Brexit could risk up to 232,000 jobs.
US close: Nasdaq reaches fourth consecutive record close
US stocks finished mixed on Tuesday as investors weighed economic data and looked ahead to a speech by President-elect Donald Trump and corporate earnings.
Commodities: Metals buoyed by stronger than expected Chinese price data
Commodities were well bid as higher-than-expected factory price data out of China referencing the month of December boosted the price of many metals.
Sector movers: Chinese data stokes buying in mining stocks, Kaz rockets
Miners and grocers vied for the top slot on the leaderboard on Tuesday with brokers weighing in with positive remarks on the former while the latter group received a boost in the form of a positive trading update from Morrison.
Small cap round up
Online fashion retailer Boohoo. com lifted its guidance for annual revenue growth following strong trading through Black Friday and into the Christmas season. The company, whose acquisition of PrettyLittleThing completed earlier this month, now expects between 43% and 45% revenue growth in the year to 28 February 2017, up from previous guidance of 38% to 42%.
Prospex's Boleslaw-1 well comes up empty
Shares in Prospex Oil and Gas plummeted as it failed to retrieve any hydrocarbons from its Boleslaw-1 well on the Kolo License, onshore Poland.
London close: FTSE closes at another record high as supermarkets and miners rally
The FTSE 100 finished at a ninth consecutive record high on Tuesday, boosted by a rally in supermarket and mining stocks.
UBS and Citi differ on gold price outlook
Markets will need more evidence that the US economy is about to accelerate before pushing bond yields and the dollar higher, which should allow the price of gold to continue trending higher, UBS said.
Central Rand Gold secures new financing for concentrator circuit
Central Rand Gold updated the market on its operations and a new source of funding this week, as it prepared to procure a concentrator circuit in a bid to improve efficiency and productivity.
UK inequality narrows, but the average worker is still worse off
Household incomes in the UK rose by £600 in 2016, narrowing the gap between the rich and the poor, according to the Office for National Statistics (ONS).
American Apparel to be bought by Gildan Activewear for $88m
Canadian clothing company Gildan Activewear looks to have won the auction for the purchase of US clothing brand American Apparel, after the latter filed for bankruptcy last year.
Upward momentum continues, Focusrite tells shareholders
Music and audio products company Focusrite was holding its annual general meeting in London on Tuesday afternoon.
Two arrested in Italy over email hacking of Draghi and Renzi
Italian authorities made two arrests on Tuesday on suspicion of hacking the email accounts of European Central Bank president Mario Draghi and former Italian prime minister Matteo Renzi.
FTSE 100 movers: Miners gain ground while 3i loses out
The FTSE 100 index was up 0. 63% at 7,283. 01 at 1548 GMT on Tuesday.
Director dealings: Metals Ex director sees upside after loan terms agreed
Metals Exploration director Jeremy Ayre shelled out £0. 25m on shares in the Philippines-focused outfit as they trade at half the level they reached last summer, perhaps setting a floor for the stock after new debt terms were agreed last month.
US job openings little changed in November, Labor Department says
US job openings rose 1. 3% to 5. 52 million in November compared to a downwardly revised 5. 45 million a month earlier, according to the Labor Department.
Diversis offer for ServicePower goes unconditional
ServicePower Technologies and Diversis issued a joint statement on Tuesday, confirming that Diversis’ bid to take over the entirety of ServicePower had gone wholly unconditional.
Comment: What could the ECB minutes do to the euro?
By Ipek Ozkardeskaya, senior market analyst at London Capital Group.
Crest Nicholson appoints Robert Allen as group FD
FTSE 250 housebuilder Crest Nicholson has appointed Robert Allen as group finance director, succeeding Patrick Bergin, who was appointed chief operating officer back in November.
US open: Markets little changed ahead of Trump speech
Ahead of President-elect Donald Trump's news conference investors remained cautious as US equity markets were little changed on Tuesday with the dollar largely flat.