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NIreland suspends Brexit checks over threats to port staff
Brexit checks on animal and food products coming into Belfast and Larne ports have been suspended over fears for the safety of staff working there, according to Northern Ireland’s agriculture ministry.
City watchdog calls for regulation of buy now, pay later lenders
Buy now pay later lenders are to come under increased regulatory scrutiny following a review of the sector, it was confirmed on Tuesday.
Berenberg raises target price on Asos following acquisitions
Analysts at Berenberg raised their target price on retailer Asos from 6,500. 0p to 6,800. 0p on Tuesday following its acquisition of the Topshop, Topman, Miss Selfridge and HIIT brands a day earlier.
Asia report: Most markets higher, RBA keeps rates on hold
Most markets in Asia closed higher on Tuesday, as central bankers in Australia stood pat on record-low interest rates, and Covid-19 emergency measures were set to be extended in Japan.
Ryanair traffic slides 88% in January as Covid restrictions bite
Budget airline Ryanair said on Tuesday that traffic slid 88% in January as it continues to be hit by Covid-related travel restrictions.
Moonpig shares surge as trading gets underway
Moonpig saw its shares surge upon its London debut, as conditional dealing in the £1. 2bn flotation got underway on Tuesday.
GYG delivers lowers FY revenue guidance following Covid-19 delays
Superyacht company GYG said on Tuesday that it had delivered "a robust performance" in 2020 as it effectively managed the "considerable disruption" caused by the Covid-19 pandemic.
Novacyt launches new Covid-19 test assays for variant strains
Clinical diagnostics company Novacyt announced the launch of a new portfolio of assays under the brand name ‘SNPsig’ on Tuesday, to aid the diagnosis of the new variants of SARS-CoV-2, the virus which causes the Covid-19 disease.
Gfinity continues to build on 'positive' performance
Esports and gaming firm Gfinity said on Tuesday that it had continued to build on the "positive" performance announced at the time of its annual general meeting back in December.
Grocery sales boom as lockdown measures shutter pubs and restaurants
Grocery spending spiked in the last three months, boosted by Christmas and the re-introduction of lockdown measures, industry data showed on Tuesday.
Draper Esprit investment in UiPath sees serious uplift in value
Venture capital company Draper Esprit updated the market on its UiPath investment on Monday, reporting that the robotic process automation software business had successfully completed a $750m fundraising round at a $35bn valuation.
Value of Capital & Counties' Covent Garden estate falls amid Covid-19
Property investment and development company Capital & Counties said on Tuesday that the value of its Covent Garden estate had fallen more than a quarter in 2020 as a result of the Covid-19 pandemic and its impact on the retail sector.
Metro Bank buys portfolio of loans from Ratesetter for up to £384m
Metro Bank has bought a portfolio of loans from peer-to-peer investors who have invested through the RateSetter platform - a wholly-owned subsidiary of the bank - for up to £384m in cash, as it looks to increase its exposure to unsecured lending.
BP profits slump as pandemic batters energy demand
Oil giant BP slumped to a $5. 7bn full-year loss as the coronavirus epidemic continued to batter energy demand.
Civitas on track to meet full-year dividend target
Civitas Social Housing said on Tuesday that it had been unaffected by the Covid-19 pandemic, with more than 99% of rents due in the last quarter now collected.
London open: Stocks rise but BP slumps on Q4 results
London stocks edged higher in early trade on Tuesday, although oil giant BP was under the cosh after its fourth-quarter results.
Gem Diamonds ends 2020 on high as demand improves
Gem Diamonds updated the market on its fourth quarter on Tuesday, reporting a further increase in its net cash position, ending the period with net cash of $34. 2m, up from $1. 1m at the end of the prior quarter.
LondonMetric acquires seven service stations across three transactions
LondonMetric has acquired £21. 9m of convenience service stations across three separate transactions, it announced on Tuesday, reflecting a blended net initial yield of 5. 1%.
DCC raises expectations after solid third quarter
Support services company DCC said on Tuesday that group operating profit for its third quarter was “strongly ahead” of the prior year.
Polypipe acquires Nu-Heat, updates on trading
Polypipe said on Tuesday that it had acquired heating systems supplier Nu-Heat Holdings for a total of £27. 0m on a cash-free, debt-free basis.