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FTSE 100 movers: BP gushes lower; travel & leisure shares gain
London’s FTSE 100 was up 0. 7% at 6,509. 01 in afternoon trade on Tuesday.
Lexington Gold progressing with drilling at JKL project
Carolinas-focussed gold exploration and development company Lexington Gold updated the market on its ongoing operational activities on Tuesday, reporting that it had signed a contract with an experienced local drilling company for an initial minimum 610 metre diamond core drill programme at the Jones-Keystone-Loflin (JKL) project.
Entain in talks to buy Tabcorp's media & wagering business
Ladbrokes and Coral owner Entain said on Tuesday that it has made a non-binding indicative offer to buy the wagering and media business of Australian betting firm Tabcorp.
Barclays reinstates coverage of LSE at 'overweight'
Barclays reinstated coverage of London Stock Exchange on Tuesday with an ‘overweight’ rating and 110p price target following completion of its $27bn acquisition of data analytics firm Refinitiv.
NWF Group trades in line in first half
Fuel, food and feed distributor NWF Group reported a first-half performance in line with its expectations on Tuesday, with revenue falling 11. 3% to £309. 4m.
US open: Stocks sharply higher as earnings continue to roll in
Wall Street stocks were firmly in the green at the start of trading on Tuesday, with major indices looking set to extend yesterday's strong rally.
Barclays lifts Tate & Lyle to 'overweight'
Barclays upgraded its stance on shares of Tate & Lyle on Tuesday to ‘overweight’ from ‘equalweight’ and hiked the price target to 875p from 700p, highlighting its increasing resilience.
Lok'nStore progresses pipeline as it targets 33pc more lettable space
Self-storage company Lok'nStore updated the market on its new store development pipeline on Tuesday, reporting that it had exchanged contracts on a new 56,000 square foot store in Staines, Middlesex, due to open in 2022.
Spain joins Austria and Germany, offers assistance to Portugal
Spain has offered to assist Portugal in treating patients ill with Covid-19 given the high caseload in the neighbouring country.
Covid-19 vaccines appear to be cutting transmission of virus in Israel
Covid-19 vaccines appear to be limiting both the number of new infections of the novel coronavirus and the number of hospitalisations in Israel.
US pre-open: Futures point to early gains as earnings remain in focus
Wall Street futures were in the green ahead of the bell on Tuesday, extending yesterday's strong rally.
CMA says Viagogo must sell StubHub’s non-US business
Viagogo must sell all of StubHub’s business outside North America following the merger between the two, the Competition and Markets Authority said on Tuesday.
Ford to invest $1bn to upgrade South Africa operations
Ford announced on Tuesday that it would invest around $1bn in upgrading its South Africa operations and would create 1,200 jobs in the process of doing so.
Lockdown measures cause Eurozone GDP to falter
Activity in the Eurozone economy eased in the last three months of 2020, official data showed on Tuesday, after countries introduced fresh lockdown measures.
UK gambling firms told to slow down slot machines in new crackdown
UK gambling firms have been told to slow down spin speeds on online games as part of a package of strict safety measures by the Gambling Commission.
Sector movers: Retailers and homebuilders pace gains as Covid-19 cases continue to retreat
Retailers and Household goods and Home Construction issues paced gains at the start of the week and month, helped by news of continued sharp falls in the rates of new Covid-19 infections.
US tariffs on Scotch whisky cost £500m in lost exports, says industry
Sales of Scotch whisky to the US have fallen over a third in what amounts to £500m lost in exports since tariffs were imposed by Washington, the industry's representative body said on Tuesday.
Europe midday: Shares higher as investors hunt for bargains
European shares maintained gains on Tuesday driven by traders hunting for bargains and overnight gains on Wall Street and Asia.
London midday: FTSE maintains gains as travel & leisure sector rallies
London equity markets were in the black by midday on Tuesday, with travel and leisure shares on the rise amid vaccines hopes.
Europe open: Shares higher on recovery hopes, strong Wall St
European shares opened higher on Tuesday after strong US and Asia sessions overnight, driven by upbeat manufacturing survey data which fuelled hopes of a swift economic recovery.