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US personal income growth falls short of forecasts in June
Americans continued spending at a steady clip in June, dipping into their savings again as income growth fell short of expectations.
Maintel buys Intrinsic Technology for £5.25m
Managed communications provider Maintel Holdings announced the acquisition of the entire issued share capital of Intrinsic Technology on Tuesday, for a total consideration of £5. 25m on a cash-free, debt-free basis.
Apple and Google remove trading apps from stores on fraud fears
US tech giants Apple and Google have removed hundreds of mobile applications from their software systems in a huge crackdown on fraudulent trading apps.
Europe midday: Stocks edge higher buoyed by economic data
Stocks were holding higher as futures markets pointed to gains on the Dow Jones Industrials that would see it start the US session at fresh record highs.
Taylor Wimpey interim profits fall but special divi announced
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.
Asia report: Markets higher as China manufacturing data impresses
Markets in Asia finished higher on Tuesday, with investors digesting strong manufacturing data out of China, as the ongoing political instability in the US appeared to become more pronounced overnight.
Morrisons to take wholesale supply past GBP1bn with McColl's deal
Morrisons has inked a wholesale supply deal with convenience store chain McColl's 1,650 shops from January, which it expects to make a small contribution to profit next year.
Deutsche Bank says IAG set to re-rate versus peers, reiterates 'buy'
Deutsche Bank said the recent decline in IAG's earnings per share relative to Deutsche Lufthansa and Air France-KLM was unwarranted, reiterating its 'buy' recommendation and 650. 0p target in the process.
London midday: Stocks extend gains on solid earnings, manufacturing data
London stocks extended gains by midday on Tuesday, boosted by some well-received earnings from the likes of Rolls-Royce and BP and a better-than-expected reading on the UK manufacturing sector.
Early Diwali boosts Anglo American's De Beers rough diamond sales
De Beers has completed an improved sixth rough diamond sales cycle of the year, parent company Anglo American said on Tuesday.
LA reaches agreement to host 2028 Olympics, Paris lined up for 2024
Los Angeles looks set to host the 2028 Summer Olympic games after city officials reached an agreement with the International Olympic Committee.
Euro area GDP expands at 0.6% pace in Q2
Economic growth in the single currency bloc picked-up slightly during the latest quarter, as expected.
Jefferies cuts AstraZeneca target price
Analysts at Jefferies cut their target price for AstraZeneca's shares following various updates from the company, especially as regards its MYSTIC clinical trial for its anti-lung cancer tumour treatment Imfinzi.
US pre-open: Stocks seen higher ahead of Apple earnings
US futures pointed to a firmer open on Wall Street on Tuesday as investors eyed earnings from the likes of Apple and Pfizer and a raft of data releases.
UK manufacturers enjoy slight rebound thanks to foreign demand
UK manufacturing activity picked up in recent weeks thanks to strongest growth of new export orders in seven years.
Gocompare profit edges up as marketing margin rises
Price comparison website Gocompare reported a small rise in interim profit on Tuesday as revenue ticked up and the company said it was confident about meeting its expectations for the full year.
Chinese factory sector activity likely to be sustained, Caixin says
Data released in China overnight appears to show the Asian giant's economy accelerated at the start of the third quarter, although economists appeared to be divided on the outlook.
SSE agrees to sell stake in Clyde Windfarm to Greencoat
SSE has agreed to sell a further stake in the Clyde Windfarm in Scotland to Greencoat UK Wind and GLIL Infrastructure LLP.
Grainger venture forward funds Milton Keynes development
Grainger’s joint venture with APG, GRIP REIT, has unconditionally agreed to forward-fund and acquire a 139 home build-to-rent private rented sector development in Milton Keynes, the listed residential landlord announced on Tuesday, for £30. 5m from the High Street Group.
HomeServe to buy home boiler installer Help-Link
FTSE 250 repairs and home improvements company HomeServe has agreed to buy home boiler installer Help-Link in a deal that values the business at up to £22. 7m, to create a new UK-wide home heating business, bringing together installations, servicing and repairs.