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FTSE 100 movers: Informa rallies; miners under the cosh
The FTSE 100 was up 0. 5% at 7,260. 51 in afternoon trade on Tuesday, as London sweltered in what felt like 10 million degrees Celsius.
Heathrow hit with fresh strike threat
Heathrow was dealt a fresh blow on Tuesday, after refuelling workers at the UK's busiest airport agreed to strike.
US single-family housing starts drop sharply in June
Homebuilding activity in the US slowed sharply last month.
Barclays downgrades Fever-Tree after profit warning
Barclays downgraded tonic maker Fever-Tree on Tuesday to ‘equalweight’ from 'ovewrweight’ following its third profit warning in six months.
ECB policymakers to discuss 50 bps rate hike this week - report
European Central Bank policymakers will reportedly discuss whether to raise interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tackle record-high inflation.
Deutsche Bank lowers target price on Direct Line
Analysts at Deutsche Bank lowered their target price on insurance group Direct Line from 290. 0p to 240. 0p following the company's trading update.
Credit Suisse starts Haleon at 'outperform'
Credit Suisse has initiated coverage of Haleon, GlaxoSmithKline’s recently spun out consumer healthcare arm, at ‘outperform’ with a 368p price target.
French government offers EUR 10bn for EDF renationalisation
The French government has offered almost €10bn to fully take over EDF, it was reported on Tuesday, offering minority shareholders a 53% premium to the 5 July closing price.
Darktrace lifts FY profit forecast as customer numbers grow
Cyber security company Darktrace on Tuesday said it expected full-year core earnings margins to be above expectations, as customer numbers increased.
US pre-open: Futures trade higher ahead of more earnings
Wall Street futures were in the green ahead of the bell on Tuesday ahead of more key earnings reports.
Eurozone inflation pushes higher
Eurozone inflation pushed higher in June, official data showed on Tuesday, as soaring energy prices weighed heavily.
Asia report: Stocks mostly lower as investors digest RBA minutes
Most stock markets closed lower in the Asia-Pacific region on Tuesday, pulling back from their positive moves on Monday, as investors pored through the minutes of Australia’s latest central bank meeting.
London midday: FTSE pops higher as investors mull jobs data
London stocks had turned positive by midday on Tuesday after US futures rose following a late selloff on Wall Street, as investors digested the latest UK jobs data.
Europe midday: Shares rally after weak morning as US futures advance
European shares rallied by midday Tuesday as US futures indicated a rebound on Wall Street after reports of a spending slowdown at tech giant Apple hit sentiment.
Bitcoin seeks $23,000, after one-month high, with 'cryptos' above $1 trillion
The cryptocurrency market maintains the good tone of recent days on Tuesday, with its total capitalization above $1 trillion, while Ethereum continues to pull the market, thanks to the good news coming from its work-proof protocol change. Bitcoin, meanwhile, pulls back marginally from Monday's one-month high above $22,600 and puts $23,000 within striking distance.
What is Polygon (MATIC), Disney´s preferred blockchain, and why is it up 60%?
The short-term rally that the cryptocurrency market is experiencing, days before the very important meetings of the market with the central banks of Europe and the US, is revealing a little-known protagonist for most investors. The MATIC token of the blockchain Polygon rose 60% in the last week, thanks to a combination of factors that put it in the spotlight of market participants.
Berenberg slashes target price on Naked Wines
Analysts at Berenberg slashed their target price on alcoholic beverages retailer Naked Wines from 690. 0p to 140. 0p on Tuesday, stating there were still more challenges ahead for the group.
Grocery bills mount as inflation surges - Kantar
Grocery inflation has rocketed to nearly 10%, industry data showed on Tuesday, as supply chain pressures continue to drive up prices.
Payments firm Wise backs FY expectations as Q1 revenues jump
Payments firm Wise backed its full-year guidance on Tuesday as it reported a jump in first-quarter revenues.
Hotel Chocolat tumbles on warning of slower growth
Upmarket confectioner Hotel Chocolat reported a 37% improvement in full-year revenue in a trading update on Tuesday, to £226m - ahead of market expectations - but a warning of higher costs and lower profits in the new period saw its shares tumble.