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Ofcom puts brakes on BT, Vodafone in new mobile spectrum auction
The communications regulator revealed how it was going to release the next batch of cellular spectrum on Tuesday, in a bid to both improve mobile broadband speeds on existing services, and prepare for the rollout of the next generation of mobile technology, dubbed ‘5G’.
Asia report: Most markets higher as yen slides against greenback
Most markets in Asia finished higher on Tuesday, with traders turning away from the safe haven yen which dropped sharply to its weakest levels against the dollar in four months.
London midday: Stocks turn lower as S&P warns of UK slowdown
London stocks gave up early gains to trade sharply lower by midday on Tuesday as the pound ticked up with investors awaiting rate hike hints from Bank of England policymakers, while Standard & Poor's warned of a looming slowdown in the UK economy.
Finance sector optimism waning despite rising profits
The UK financial services sector saw a booming second quarter of the year, but falling optimism about future prospects was reported in a survey of 94 of the country’s top firms.
IEA calls for more investment in upstream oil and gas
Investment in the global energy sector fell again in 2016, prompting the rich world's energy watchdog to warn that more needs to be done, especially in the Oil & Gas space, to ensure future supplies.
US pre-open: Stocks seen muted as investors eye Yellen
US futures suggested a muted open on Wall Street on Tuesday as investors look ahead to speeches by Fed Chair Yellen and some key inflation and retail sales figures later in the week.
Investec reiterates 'hold' on Pearson after Bertelsmann deal; Liberum a 'sell'
Broker Investec has rated Pearson shares a 'hold' after the company on Tuesday announced a $1bn deal to sell a 22% stake in Penguin Random House to Bertelsmann.
Kennedy Wilson Europe secures revolving credit facility extension
Kennedy Wilson Europe has secured an extension to term of its £225m unsecured revolving credit facility with Bank of America Merrill Lynch entities.
Trump Jr was informed of Russian attempts to help campaign - report
Donald Trump Jr was reportedly informed that his meeting with a Russian lawyer was part of a Kremlin attempt to support his father’s presidential campaign.
Fed's Williams expects one more interest rate hike in 2017
Inflationary pressures are set to reaccelerate, which justifies continuing to remove policy accommodation, a top US rate-setter said overnight.
Italian industrial production races past forecasts in May
Industrial production in Italy raced past forecasts in May with output of capital goods strongest.
Polar Cap Tech remains strong despite risks
Polar Capital Technology Trust posted its preliminary results for the year to 30 April on Tuesday, with total net assets growing 56. 3% to £1. 25bn, and net assets per ordinary share increasing 56. % to 945. 39p.
McBride sees FY profit in line despite challenging conditions
McBride said on Tuesday that adjusted operating profit for the full year is forecast to be in line with expectations after trading conditions in the second half remained challenging, as expected.
Europe open: Central banks in the spotlight
Stocks started the session on the front foot with the market spotlight firmly on the multiple central bank speakers who are scheduled to take to the podium throughout the session.
Bagir warns on earnings and revenue due to product line delays
AIM-listed Bagir warned on Tuesday that it expects revenue and earnings for the second half of the year to be "materially lower" than market expectations as development of the new production lines at its facilities in Vietnam and Ethiopia has fallen behind schedule.
Cairn Energy finds oil in latest Senegal drill test
Cairn Energy said it had found oil at its latest drill site off Senegal.
ITM Power signs fuel contract with Honda UK
AIM-listed energy storage and clean fuel company ITM Power has signed a fuel contract with Honda UK for its fuel cell powered vehicles.
Next 15 buys B2B digital agency Velocity Partners
AIM-listed digital communications group Next 15 announced the acquisition of UK-based B2B digital agency Velocity Partners for an initial consideration of £5. 9m.
Gocompare sees first-half profit up 22%
Price comparison website Gocompare. com said on Tuesday that it expects to report a 22% increase in first-half adjusted operating profit, driven mostly by an improvement in marketing margin.