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Global GDP growth forecast revised up to 3.6%, NIESR says
Forecasts for world GDP growth in 2017 have been revised upward by the National Institute of Economic and Social Research as several major economies exceed expectations for the year.
Commodities: Energy, agricultural futures retreat
Weakness in the energy patch and among soft commodities was dampening sentiment across the entire complex on Tuesday.
FX round-up: Sterling flat ahead of MPC, US jobs report
Sterling ended the day almost exactly flat ahead of the Monetary Policy Committee's policy decision on Thursday.
Europe close: Stocks jump on dip in euro, strong economic data
Stocks closed near their best levels of the day with a falling euro helping to relieve some of the selling pressure even as the main market gauges on the other side of the Pond continued to grind higher.
London close: Stocks higher despite warnings a bubble is forming
London stocks tracked fresh gains on Wall Street, ending the session higher, with some well-received earnings from the likes of Rolls-Royce and BP boosting sentiment further, even as a former head of the US central bank warned of a bubble in bond markets.
House prices rise more than expected in July, slight growth seen in 2017
UK house price growth held up better than expected in July, according to the results of one of the most widely-followed surveys for the sector.
Ronald Bain confirmed as new CFO at Eland Oil & Gas
Eland Oil & Gas, a production and development company with an initial focus on Nigeria confirmed on Tuesday the appointment of Ronald Bain as its new chief financial officer and as a director of the outfit's board.
EasyHotel to apply for planning permission for more floors at Old Street
Easyhotel announced it will convert the top floors of its Old Street, London hotel into offices and refurbish the remaining space to its 'new look' format, similar to those at its Birmingham and Manchester hotels, in order to maximise the property's value.
FTSE 250 movers: CYBG leads rise, AA puts on brakes
The FTSE 250 index was on the front foot on Tuesday afternoon, up 0. 38% to 19,856. 40 as investors digested the smorgasbord of company announcements.
Filtronic flies back to profits, eyes new mobile network customers
Filtronic, which makes microwave electronics for the wireless telecoms market, swept back into the black after sales rose 160% in the year to 31 May.
Liberum cuts AA target price, but reiterates 'buy'
Analysts at Liberum were undeterred in their positive view on AA's shares despite news of the ouster of its boss, Bob McKenzie, for "gross misconduct" and the company's decision to guide towards a full-year performance in-line with expectations.
Broker tips: AA Group, IAG, AstraZeneca
Analysts at Liberum were undeterred in their positive view on AA's shares despite news of the ouster of its boss, Bob McKenzie, for "gross misconduct" and the company's decision to guide towards a full-year performance in-line with expectations.
Wednesday preview: Results rush continues with Rio, StanChart, BAE, RSA
The results continue to fly thick and fast on Wednesday, with Rio Tinto, Standard Chartered and BAE Systems leading a cabal of blue chip outfits filing their interim results, while mid-caps include Aggreko, AG Barr and William Hill.
FTSE 100 movers: Rolls-Royce rallies on earnings but Fresnillo loses its shine
London’s FTSE 100 was up 0. 9% to 7,438. 93 in afternoon trade, underpinned by some well-received earnings.
Results round-up
FTSE 100 housebuilder Taylor Wimpey reported a 24% drop in first-half pre-tax profit on Tuesday as it put aside £130m for homebuyers that were affected by a leasehold scandal.
Rolls-Royce profit and revenue rise, reiterates FY outlook
Rolls-Royce said on Tuesday that its first-half underlying profit rose nearly 150% as revenue edged up and the aerospace and defence giant reiterated its outlook for the full year.
US open: Dow Industrials hits record high then falls back
Stocks are trading slightly higher ahead of an eagerly awaited update from tech giant Apple after the close despite a slightly mixed news-flow on the corporate front.
AA tanks as it fires executive chairman for misconduct, warns of flat FY
Shares in FTSE 250 roadside assistance company AA tanked on Tuesday after it said it has fired Bob Mackenzie as executive chairman for gross misconduct with immediate effect and cautioned that full-year results would be flat on last year.
WPP invests in US-based start-up LOOM Media
WPP’s global out-of-home media and experimental market division, tenthavenue, is investing in US-based start-up company LOOM Media, which specialises in creating opportunities for brands to sponsor urban innovation.
Empyrean upbeat on Dempsey drilling announcement
China, Indonesia and United States focused oil and gas development company Empyrean announced on Tuesday that it has been informed by Sacgasco, the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California, that it plans to commence drilling the Dempsey 1-15 well on 1 August.