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Intu Properties on road to acquire Xanadu in Madrid
FTSE 100-listed shopping centre owner Intu Properties has confirmed it was in exclusive talks regarding the potential acquisition of Xanadu shopping centre in Madrid.
Pfizer falls short of earnings forecast, shares fall pre-market
US healthcare giant Pfizer Inc was 1. 3% lower in pre-market trading on Tuesday after it fell short of analysts' estimates for its net income for the fiscal fourth quarter.
Guscio says knows no reason for share price surge
AIM-listed Guscio said on Tuesday that it does not know any reason for the sharp jump in its share price.
US pre-open: Stocks to edge lower as investors focus on Trump, earnings
US futures pointed to another downbeat session on Wall Street, as investors continued to react to President Trump’s latest policy decisions and as the Federal Reserve’s two-day policy meeting kicked off.
TLA Worldwide to open NCAA championship in Sydney for second year running
TLA Worldwide, an AIM listed athlete representation and sports marketing business, announced that for the second year in a row it will bring the National Collegiate Athletic Association (NCAA) college American football season opener to Sydney Australia.
Trump signs executive order to slash business regulations
US President Donald Trump signed an executive order on Sunday which cuts regulations for businesses, claiming that the removal of such laws would allow small businesses to flourish and bring back "the American dream".
London midday: FTSE rises as pound falls on Brexit uncertainty
The FTSE 100 gained on Tuesday as members of parliament begin a two-day debate on whether to trigger Article 50, which kicks off the formal process of Brexit.
Europe midday: Stocks in the green after positive eurozone data
European stocks nudged higher as investors are unperturbed by US President Trump’s radical policies, while also taking in some positive eurozone data.
Alumasc sees revenue surge in first half
Premium building products, systems and solutions provider Alumasc posted its interim results for the six months to 31 December on Tuesday, with revenue rising 17% to £50. 7m.
Barclays downgrades Drax but eyes new dividend policy
In what was a largely very positive note, Barclays downgraded Drax Group after a 75% share price rally over the last year as the coal power station's plans to strengthen and extend earnings "lack clarity".
Saudi Arabia introduces first tax in attempt to reduce deficit
Falling oil revenues have led Saudi Arabia to put an end to tax-free living in the country, as it attempts to reduce its huge budget deficit of $97bn by introducing a 5% value added tax on certain goods.
Eurozone Q4 GDP up 0.5%, in line with expectations
The eurozone’s gross domestic product rose by 0. 5% in the fourth quarter compared to the three months to September and 1. 8% from the same quarter in 2015, according to a flash estimate by Eurostat.
Eurozone inflation near four-year high in January
Eurozone inflation hit a near four-year high in January as energy prices surged, according to a flash estimate released by Eurostat.
FinnAust makes two senior appointments as Pituffik progresses
Greenland and Finland-focused FinnAust Mining announced on Tuesday that it has finalised two senior appointments to strengthen its development team as it continues to evaluate commercialisation of the Pituffik Titanium Project.
Gama Aviation soars as it signs Europe-wide deal with WIJET
AIM listed aviation services company Gama Aviation took off as its European ground division signed a Europe-wide maintenance agreement with France’s air taxi service WIJET.
SSE to keep dividend hike in line with inflation despite challenges
In an update on third quarter trading, energy company SSE confirmed it still expected to return to full year growth and increase its dividend by at least the same rate as inflation this year and in the future.
Snoozebox to house festival goers at Glastonbury 2017
Snoozebox, an AIM listed accommodation provider, announced that it will once again be providing accommodation for the Glastonbury festival this year.
UK mortgage approvals, consumer lending both rise less than forecast
UK mortgage approvals and net consumer credit both rose less than forecast in December, Bank of England data showed on Tuesday, along with a sharp drop in lending to businesses.
Eagle Eye H1 revenue to exceed expectations
Software company Eagle Eye anticipates that revenue for the first half of the year will exceed expectations.
Asia report: Markets red as Japan stands pat and Trump baffles
Markets in Asia finished in the red on Tuesday, with Japan leading the way after New York benchmarks fell on Monday, as markets continued to express concern at the new Trump administration in the US.