Latest News
GSK announces results of two HIV drug trials
GlaxoSmithKline reported encouraging results from two trials of its HIV medication dolutegravir on Tuesday.
UK Oil & Gas Authority invites bids for new exploration licenses
The UK Oil & Gas Authority had launched its latest auction for companies to bid for 813 offshore blocks or part blocks in the North Sea, west of Shetland and east Irish Sea.
Atlantis reaches 'crowd' funded bond target
Atlantis Resources, a global leader in the marine power sector, announced on Tuesday that its 'ocean energy bond' offer announced on 27 June 2017 has closed having raised the target amount.
New electric Mini to be built in Oxford
A completely electric version of the iconic Mini will be built at BMW's Cowley plant, the German carmaker confirmed on Tuesday.
FX round-up: Euro trades at two-year highs aided by continued dollar weakness
Currency movements in Tuesday's session were a little more exciting than they were at the start of the week, with sterling up against the dollar and the euro following suit, with EUR/USD trading at two-year highs.
Commodities: Profit-taking hits gold ahead of FOMC statement
Tuesday saw some money coming off the table as investors looked to be taking some profits on gold ahead of Wednesday's FOMC statement after a month high of $1,258 was hit in the previous session.
London close: FTSE pushes higher with help from miners
London stocks closed higher on Tuesday, underpinned by strength in the mining sector as investors digested a flurry of earnings reports.
Europe close: Stocks boosted by basic resources, German Ifo
European stocks ended higher on Tuesday, with basic resources pacing the advance as investors cheered an upbeat reading on German business confidence.
Brexit a threat to UK food hygiene, animal welfare standards - report
Britain's food hygiene and animal welfare standards could come under threat from Brexit, an all-party House of Lords committee said on Tuesday.
Unilever spreads division interests private equity pair, £6bn bid rumoured
Unilever could soon receive a bid for its spreads division in the realms of £6bn from private equity firms Clayton Dubilier & Rice and Bain Capital, according to a report on Tuesday.
Caterpillar boosted 5% after Q2 earnings beat
Construction machinery giant Caterpillar surged over 5% higher in the Dow Jones on Tuesday after a second-quarter earnings report which beat expectations.
Wednesday preview: GSK, ITV results in focus ahead of GDP growth figure
On Wednesday the early focus will be on another busy day of results season and later a preliminary reading on UK economic growth and bank lending, before later in the day the US Federal Reserve will make a statement on monetary policy.
Price of cost savings to keep Augean growth at lower end
Specialist waste management business Augean said its profit performance in the first half was “broadly in line” with the prior year on Tuesday, confirming it expected to deliver full-year profit growth, although at the lower end of market expectations.
General Motors surpasses estimates in Q2, vows to trim inventory
US carmaker General Motors cut costs in the second quarter to post a better-than-expected net income for the period, according to its latest earnings report.
Acquisitions continue to lift Restore
Office services provider Restore said its trading in the first six months of the year was in line with expectations on Tuesday, as it continued to benefit from the 2016 acquisition of PHS Data Solutions.
US open: Stocks mostly higher as investors wade through earnings avalanche
US stocks were mostly higher at the open on Tuesday as investors waded through an avalanche of earnings and digested a better-than-expected reading on US consumer confidence.
US consumer confidence unexpectedly improves in July
US consumer confidence unexpectedly rose to a four-month high in July, according to the latest data from the Conference Board.
FTSE 100 movers: Miners shine on copper rise; Provident Financial in the doldrums
Miners dominated the FTSE 100 top 10 risers on Tuesday as rising copper prices added some shine to the afternoon's trading.
US house price growth slows in May - S&P/Case-Shiller
US house price growth eased in May, according to the S&P/Case-Shiller National Home Price Index.
Big Sofa expecting 'significant' growth, shareholders hear
Video analytics provider Big Sofa Technologies expected to deliver “material revenue growth” in the current financial year, its shareholders heard on Tuesday, thanks to “significant customer partnerships” with the likes of Procter & Gamble, Ipsos, Unilever and SC Johnson.