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London open: Stocks fall as recession worries weigh
London stocks fell in early trade on Tuesday as worries about a global slowdown continued to weigh on investors’ minds.
Hostelworld builds on 'strong start' to FY
Accommodation booking platform operator Hostelworld said on Tuesday that it had built on "the strong start" it had previously reported earlier in the year, with net bookings reaching 80% of 2019 levels in June and net revenues hitting 104% of 2019 levels, driven by higher average booking values.
Softcat names current CEO as next chair
Softcat chief executive Graeme Watt has been named as the IT reseller’s next chair.
MJ Hudson FY EBITDA seen 'modestly ahead' of previous guidance
Management consulting company MJ Hudson said on Tuesday that it had experienced a "stronger than expected" finish to its recently wrapped up trading year, leading it to 'modestly' raise full-year guidance.
First copper extracted from Anglo American's Quellaveco project
Anglo American has produced the first copper concentrate from its Quellaveco project in Peru, the mining giant announced on Tuesday.
Plus500 sees FY revenues, profit ahead of market expectations
Online trading platform Plus500 said on Tuesday that revenue and profit for the current year were set to be ahead of market expectations following a solid performance in the first half.
United Utilities sells green energy business
United Utilities has agreed to sell its portfolio of renewable energy assets in a £100m deal, it was confirmed on Tuesday.
London pre-open: Stocks seen lower as slowdown fears continue to weigh
London stocks were set to fall at the open on Tuesday as worries about a global slowdown continue to weigh on investors’ minds.
Grafton delivers 'good' H1 trading performance, revenues up almost 14% YOY
Building materials distributor Grafton said on Tuesday that it had delivered a "good trading performance" in the first half of the year and stated it was now in a "very strong" financial position.
Marshalls interim revenues up 17% YOY, Balfour Beatty disposes of Purdue University asset
London pre-open The FTSE 100 was being called to open 31. 5 points lower ahead of the bell after ending the previous session at 7,196. 59 - a mere 0. 35 point increase.
Tuesday newspaper round-up: Strikes, Klarna, small business borrowers
Ministers have approved controversial plans to allow agency workers to replace striking workers, voting through the regulations on Monday night by 289 votes to 202. While the business minister, Jane Hunt, said the change, which was accelerated as a result of the ongoing rail strikes, was needed to remove the “outdated blanket ban” on using agency workers to cover official industrial action, critics say the measure is akin to a “scab charter”. - Guardian.
Balfour Beatty sells stake in Purdue University student accommodation asset
Infrastructure group Balfour Beatty has sold its 67% interest in Aspire at Discovery Park, the on-campus student accommodation at Purdue University in West Lafayette, Indiana.
Marshalls H1 revenues grow following Marley acquisition
Landscaping products manufacturer Marshalls delivered group revenues of £348. 0m in the six months ended 30 June, up 17% year-on-year.
US close: Stocks slip as investors prep for Q2 earnings
Wall Street stocks closed weaker on Monday, as market participants prepped for the beginning of the second quarter earnings season.