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Graphene NanoChem completes pilot project with Malaysian firm
Performance-enhancing nanotechnology solutions provider Graphene NanoChem announced on Tuesday that its new polymers division had successfully completed a paid pilot project for an unnamed “global Tier 1 company” in Malaysia.
US producer prices remain muted in May
Factory gate prices in the States were unchanged last month as weaker prices for goods offset dearer services.
JD Wetherspoon sees FY trading outcome above previous expectations
Pub operator JD Wetherspoon said on Tuesday that it expects a slightly better trading outcome for the year than was foreseen at the last update.
Results round-up
FTSE 250 housebuilder Crest Nicholson reported a rise in profit and revenue for the half year and said it is on track to deliver full-year revenue growth, but cautioned that the UK election could bring about uncertainty.
Broker tips: Glencore, LSE, WPP
Glencore's "opportunistic" bid for Rio Tinto's Coal&Allied assets may pay-off, analysts at HSBC said.
Eland joint venture signs rig contract with OES
Nigeria-focussed oil and gas production company Eland Oil & Gas announced on Tuesday that its joint venture company, Elcrest Exploration and Production Nigeria, signed a rig contract with OES Energy Services for the OES Teamwork Rig for the upcoming sidetrack of Opuama-7.
Glencore acquistion of Coal&Allied should be value-accretive, HSBC says
Glencore's "opportunistic" bid for Rio Tinto's Coal&Allied assets may pay-off, analysts at HSBC said.
EPA approves Byotrol sanitiser in the US
Specialist anti-microbial technology company Byotrol announced on Tuesday that the US EPA had formally approved Byotrol's proprietary 24-hour germ-kill surface sanitiser for sale in the US.
Most economists believe UK will stay in single market, Reuters poll shows
Most economists believed it was more likely that Britain would stay in the single market following the surprise Election result, despite which they still expected Sterling to fall in value, according to new polls from Reuters.
Capita climbs as turnaround continues, new CEO shortlist drawn up
Capita has reported "good progress" on its restructuring and said the turnaround of IT Services was progressing better than expected, three months after its chief executive resigned and the outsourcing group was dumped out of the FTSE 100.
Credit Suisse hikes target price for LSE
Analysts at Credit Suisse boosted their target price on shares of the London Stock Exchange Group, reflecting the company's recent stock buyback and acquisitions.
UK inflation spikes to new four-year high, tightening consumer squeeze
UK inflation surged faster than expected to a new four-year high in May, according to official figures published on Tuesday that highlight the increasing squeeze on households as price rise faster than wages.
Chariot Oil & Gas pleased with progress in 'challenging' environment
Atlantic margin-focussed oil and gas exploration company Chariot Oil & Gas was set to hold its annual general meeting in London on Tuesday, with chief executive Larry Bottomley preparing to provide a “brief portfolio and strategy update” to the assembled punters.
Europe midday: Stocks hold onto gains ahead of Fed
European stocks were holding higher, with investors apparently recovering their calm following Monday's sharp drop in technology stocks and ahead of the US central bank's policy announcement due the next day.
Uber turmoil continues as top executive resigns
A top executive has resigned from US tech company Uber Technologies as the fallout from a damning attorney general report continues.
UK welcome back into the EU if it chooses to stay, Schaeuble says
Britain would be welcomed back into the European Union should it decide to stay, Germany's finance minister said.
London midday: Stocks tick higher, pound regains 1.27 as inflation surges
London stocks were holding onto small gains by midday on Tuesday, while sterling popped above 1. 27 against the dollar as inflation climbed to a near four-year high.
US pre-open: Stocks seen touch higher as investors eye start of Fed meeting
US futures pointed to a slightly firmer open on Wall Street on Tuesday, with tech stocks set to claw back some of their recent heavy losses as investors eyed the start of the Federal Reserve's two-day policy meeting.
Petrofac inks five-year deal to train KOC staff
Petrofac, a service provider to the oil and gas production and processing industry, embarked with Kuwait Oil Company (KOC) on a five-year deal to provide specialist technical training and competency development services.
Asia report: Markets mostly higher as tech dip peters out
Most markets in Asia finished higher on Tuesday, with investors seemingly losing their appetite for a continued tech sell-off, despite that sector continuing its red streak on Wall Street overnight.