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S&P raises British Airways's credit rating to BB+, with stable outlook
Standard&Poor's upgraded its rating on the long-term debt of British Airways on improved expectations for its funds from operations.
Sector movers: Defensive issues lead losses
Defensive shares paced losses at the start of the week, with BT Group and Mediclinic weighing down their respective sectors.
Europe close: Banks lead losses amid concerns about Italy
Concerns about the political situation in Italy and Greece dampened sentiment at the start of the week.
Europe midday: Political worries in the periphery weigh on sentiment
Concerns about the political situation in Italy and Greece are dampening sentiment at the start of the week.
Tory wobble continues on betting markets as May, 'dementia tax' shambles hit landslide hopes
The ground between the ruling Conservative Party and Labour continued to narrow on Tuesday as Betfair cut the opposition's odds to 11/1 from 13/1 after Monday night's questioning of Prime Minister Theresa May and her rival, Jeremy Corbyn.
Deutsche Bank downgrades European banks, upgrades energy
Deutsche Bank downgraded its stance on European banks on Tuesday in its latest equity strategy note, as it upgraded the energy sector.
Broker tips: Ferrexpo, Acacia Mining, OneSavings Bank
Analysts at HSBC initiated coverage of Ferrexpo with a recommendation to 'buy' and a 210. 0p target price.
HSBC initiates Ferrexpo at a buy
Analysts at HSBC initiated coverage of Ferrexpo with a recommendation to 'buy' and a 210. 0p target price.
FX round-up: Sterling mixed after election interviews
Sterling was mixed across key pairs on Tuesday afternoon, having emerged relatively unscathed after the long weekend's serving of steady general election news.
London close: Lethargic FTSE ends lower as resources, banks ease
London equities meandered to a somewhat lethargic finish on Tuesday, after the bank holiday weekend, with resources stocks slipping with commodities prices and banks also hurting.
Wednesday preview: BoE money and credit report, euro inflation, IG update
Wednesday is a muted day in the business diary, with little major company news and a sprinkling of second-line economic data that will a give further reading on the consumer environment at home and over the channel, plus the Beige Book stateside.
Amazon shares breach $1k for the first time
Shares in US e-commerce giant Amazon surpassed the $1000 mark for the first time in the company's history on Tuesday.
Commodities: Crude sinks on doubts over sufficiency of Opec cut extension
Oil prices resumed their move southwards on Tuesday as bears carried out another round of selling, doubting cartel Opec's extended production cuts would alleviate the global glut.
US open: Stocks edge lower ahead of key data
Investors played it safe at the start of the week - and ahead of Friday's all-important monthly jobs report - with weaker oil prices offsetting better-than-expected readings on home prices and personal consumption and spending.
Outrage over plans to charge migrants for email assistance
Outrage was brewing at a fresh announcement from the Home Office on Tuesday afternoon, after it was revealed migrants would be charged for emailing UK Visas and Immigration.
Vivendi gets conditional OK from European Commission for Telecom Italia acquisition
The European Commission has approved Vivendi's acquisition of Telecom Italia, subject to the latter's divestment of its stake in broadcasting services group Persidera.
Construction advancing at Advanced Oncoptherapy's Harley Street premises
Developer of next-generation proton therapy systems for cancer treatment, Advanced Oncotherapy, announced on Tuesday that excavation work at its flagship Harley Street site was progressing “well” and “on time”.
Trakm8 awarded initial contract with Mecalac Construction Equipment
Telematics and data provider Trakm8 announced that it has been awarded an initial contract by global equipment solutions provider Mecalac Construction Equipment UK - previously Terex GB - on Tuesday.
UK wages unlikely to recover in medium term, forecasts S&P
After years of sluggish growth UK real wage growth turned negative last month and, with wages being hampered by large numbers of zero-hour contracts, look unlikely to recover for years to come, said rating agency S&P on Tuesday.
US consumer confidence slips slightly in May, Conference Board says
One of the most widely-followed barometres of consumer confidence in the US dipped again slightly in May.