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Biffa posts record statutory revenue as trading recovers
Biffa shares were in the green on Tuesday morning, after the company reported record group statutory revenue of £1. 44bn - up 39% on the 2021 financial year, and up 24% on 2020.
London open: FTSE little changed amid China-US tensions; BP gushes higher
London stocks were little changed in early trade on Tuesday amid tensions between the US and China, but BP was a bright spot after well-received second-quarter results.
Europe open: Shares lower on recession fears, geopolitical tension
European shares opened lower on Tuesday as fears of an economic slowdown and rising geopolitical tensions dampened sentiment.
Direct Line hit by claims inflation as H1 profits fall
Insurer Direct Line posted a 31. 8% decline in first-half pre-tax profit on Tuesday as it took a hit from claims inflation.
Domino's profits fall as wheat prices rise
Domino's Pizza Group reported lower interim profits as the rising cost of wheat started to impact sales.
Synthomer profits drop as elastomers segment falters
Synthomer reported a drop in interim pre-tax profit on Tuesday but struck a confident note on the outlook as it said all segments had grown apart from the elastomers arm.
Capita agrees to sell two real estate and infrastructure consultancy businesses
Outsourcing and professional services company Capita has agreed to sell two real estate and infrastructure consultancy businesses to WSP for £60. 0m on a cash-free, debt-free basis.
BP second-quarter profit jumps as energy prices surge
BP reported a jump in second-quarter profit on Tuesday as the oil giant benefited from surging energy prices.
Elementis sees FY performance at top end of consensus expectations
Elementis said on Tuesday that its full-year performance was set to be towards the top end of consensus expectations as it hailed good demand.
Wizz Air passenger numbers surge in July
Low-cost carrier Wizz Air said on Tuesday that it had carried 4. 76m passengers in July, a 61. 1% increase year-on-year.
JD Sports appoints Regis Schultz as CEO
British sportswear retailer JD Sports Fashion has confirmed the appointment of former B&Q executive Regis Schultz as chief executive after the controversial departure of Peter Cowgill in June.
Fresnillo interim profits fall as silver prices decline
Precious metals miner Fresnillo posted a decline in interim profits on Tuesday but backed its guidance for the full year.
Sage YTD revenues rise, Greggs H1 LFL sales surge
London pre-open The FTSE 100 was being called to open 36. 2 points lower on Tuesday after closing 0. 13% softer in the previous session at 7,413. 42.
Bunzl enters into agreements to acquire four businesses
Distribution and services group Bunzl has agreed to acquire businesses in the Netherlands, Brazil, Australia, and the UK.
London pre-open: Stocks seen down amid China-US tensions
London stocks were set to fall at the open on Tuesday amid tensions between the US and China.
Sage FY revenues seen at top end of guidance
Software group Sage said on Tuesday that it had "performed strongly" in the first nine months of the year, with momentum continuing to build and full-year revenues seen at the top end of its guidance range.
Tuesday newspaper round-up: Gazprom, JCB, taxes, HSBC
The daily gas production of Russia’s Gazprom dropped in July to its lowest level since 2008, figures suggest, amid continued fears that Moscow could cause an energy crisis in Europe by shutting off the supply. The state-owned energy firm pumped 774 million cubic metres a day last month – 14% less than in June – according to analysis by Bloomberg of data released on Monday. – Guardian.
US close: Stocks turn weaker after mixed manufacturing data
Wall Street stocks closed weaker on the first day of August, with manufacturing data and comments from the Fed's Neel Kashkari were in focus.