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Wal Mart posts better-than-expected Q2 sales and profits
Retail giant Wal Mart delivered better-than-expected quarterly earnings and sales, while raising its forecasts for the latter in 2023.
German investor sentiment deteriorates slightly in June
German investor sentiment deteriorated slightly in August, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Europe midday: Shares higher on strong miners, but mood cautious
European shares were higher at midday on Tuesday, boosted by strong results at Australian miner BHP, although sentiment was again tempered by recessionary fears.
US pre-open: Stocks set for flat start ahead of fresh economic data
Stock market futures were pointing to a flattish to slightly negative start to trading on Wall Street as investors mulled recent weak economic data and their implications for US central bank policy and company earnings.
London midday: Stocks maintain gains as miners rally; jobs data in focus
London stocks were still in the black by midday on Tuesday, having taken their opening cue from a late bounce on Wall Street, as investors mulled the latest UK jobs data.
Ryanair adds more Stansted flights as Heathrow extends passenger cap
Budget airline Ryanair said on Tuesday that it will add more than 500 flights to and from its main base at London Stansted Airport for the autumn mid-term break, after Heathrow extended its passenger cap to the end of October.
Asia report: Stocks mixed, Chinese property shares soar
Stocks in Asia were mixed on Tuesday, with Chinese real estate firms and Australian miners underpinning some of the gains.
Tencent planning to sell down its Meituan holding
Chinese technology giant Tencent Holdings is planning to sell most or all of its stake in e-commerce and food delivery platform Meituan, it was reported on Tuesday.
BA reaches pay settlement with staff
British Airways staff clinched an average 13% pay rise to help offset the cost-of-living crisis and the pay cuts suffered during the pandemic.
RBC Capital starts Haleon at ‘sector perform’
RBC Capital Markets initiated coverage of GlaxoSmithKline’s consumer health spinoff Haleon on Tuesday at ‘sector perform’ with a 300p price target.
CMA closes leasehold probe into Barratt for lack of evidence
The Competition and Markets Authority closed its leasehold case against Barratt Developments on Tuesday, citing a lack of evidence.
Syncona confident after Q1 market volatility
Healthcare investor Syncona reported net assets of £1. 33bn at the end of its first quarter on Tuesday, or 197. 9p per share, up from £1. 31bn and 194. 4p per share at the end of March.
Elliott sells most of its SoftBank stake - report
Hedge fund Elliott Management has reportedly sold almost all of its position in Japan’s SoftBank.
Mondi to buy Italian paper mill for €40m
Paper and packaging company Mondi has agreed to buy the Duino mill near Trieste in Italy from the Burgo Group for €40m.
Heathrow extends passenger cap to October 29
Britain's Heathrow airport has extended its flight cap until October 29 as it continues to struggle to meet passenger demand during the summer.
Europe open: Shares edge ahead as BHP profits boost sentiment
European shares edged higher at the open on Tuesday, boosted by strong results at Australian miner BHP, although sentiment was again tempered by recessionary fears.
Ted Baker to be taken over by Authentic Brands in £211m deal
Fashion brand Ted Baker said on Tuesday that it has agreed to be taken over by Reebok owner Authentic Brands Group in a £211m deal.
London open: Stocks rise as investors digest UK jobs data
London stocks rose in early trade on Tuesday following a late bounce on Wall Street, as investors mulled the latest UK jobs data.
BHP profits soar on higher coal prices
Australian mining giant BHP posted a large rise in annual profits on the back of soaring coal prices and said it would return almost $9bn to shareholders.
LondonMetric sells four assets for £25.6m
LondonMetric Property said on Tuesday that it has sold four assets in two separate transactions, for £25. 6m, reflecting a blended net initial yield of 5. 3%.