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IMF's forecasts for UK economy to be taken with 'a few pinches of salt' - report
The International Monetary Fund's World Economic Outlook can be interpreted in more ways than one, according to Sky News, with the first of which being to declare that the UK economy was "heading for the buffers".
US close: Stocks rise after more dovish Fed remarks
US stocks gained on Tuesday as bond yields tumbled on the back of yet more indications from the Federal Reserve that they are in no rush to tighten monetary policy just yet.
Europe close: Stocks jump on dovish Fed talk, China stimulus report
European stocks rose strongly, helped by dovish remarks out of two Federal Reserve policymakers overnight and another during Tuesday's session.
Wednesday preview: U.S. producer prices, Fedspeak in the spotlight
Investors' focus on Wednesday will be on the latest producer price numbers due out in the U. S.
US open: Stocks on Wall Street extend rebound as Treasury yields slip
Stock futures were trading higher again as bond yields kept slipping from their recent highs.
London close: Stocks finish higher on dovish Fed rhetoric
London markets enjoyed a buoyant session on Tuesday, closing with substantial gains after dovish comments from US Federal Reserve officials overnight signalled a potential pause to interest rate hikes.
Mkango reports progress on HyProMag's US ambitions
Mkango Resources, alongside CoTec Holdings, updated the market on the incorporation of HyProMag’s rare earth magnet recycling technology in the United States on Tuesday.
Induction Healthcare inks three contracts with NHS trusts
Digital health platform provider Induction Healthcare updated the market on three contracts totalling £1. 4m on Tuesday to enhance the functionality and development of patient portals within various NHS trusts.
Broker tips: YouGov, Yellow Cake
Berenberg has slashed its target price for research firm YouGov by 18% but still sees significant upside after recent weakness in the shares.
Coro signs solar energy deal with Vietnam electronics retailer
Coro Energy announced a new sustainable energy venture on Tuesday by signing a memorandum of understanding (MoU) with Vietnam-based Mobile World Investment Corporation to launch a series of rooftop solar projects across the country.
Alien Metals signs heritage agreement for Vivash Gorge
Minerals explorer and developer Alien Metals announced on Tuesday that its subsidiary, the Iron Ore Company of Australia (IOCA), has finalised a Heritage Agreement (HPA) with the PKKP Aboriginal Corporation RNTBC (PKKP AC).
FTSE 250 movers: Currys, Energean in the black
London’s FTSE 250 was up 2% at 17,930. 60 in afternoon trade on Tuesday.
Canaccord Genuity raises target price on Yellow Cake
Analysts at Canaccord Genuity nudged up their target price on Jersey-based uranium-focused company Yellow Cake from 635. 0p to 645. 0p on Tuesday following the exercise of the group's 2023 uranium purchase option with Kazatomprom.
CyanConnode receives order for 300k Omnimesh modules
Narrowband smart mesh network technology company CyanConnode announced an order for 300,000 ‘Omnimesh’ modules from IntelliSmart Infrastructure on Tuesday.
Karelian finishes pitting programme in Kumho region
Karelian Diamond Resources announced on Tuesday that it has successfully concluded a comprehensive pitting programme, traversing over 23 kimberlite target locations in the Kuhmo region of Finland.
FTSE 100 movers: Ocado boosted by upgrade; Spirax-Sarco falls
London’s FTSE 100 was up 1. 6% at 7,611. 28 in afternoon trade on Tuesday.
Director dealings: Serco CFO makes share purchase
Serco revealed on Tuesday that chief financial officer Nigel Crossley had acquired 3,259 ordinary shares in the FTSE 250-listed British multinational.
Griffin inaugurates solar facility at Caijiaying Mine
Griffin Mining announced the inauguration of a 6 MW solar energy generating facility at the Caijiaying Mine on Monday in collaboration with Zhang Jia Kou GuoAO, the partnering firm responsible for the system’s installation and ongoing operation.
PepsiCo lifts FY profit forecast as price hikes boost Q3 revenues
PepsiCo lifted its full-year profit forecast again on Tuesday as it posted a jump in third-quarter sales, thanks mainly to price hikes.
Europe midday: Stocks rebound strongly
European stocks were rising strongly on Tuesday, following a decent performance on Wall Street overnight, after two Federal Reserve policymakers made dovish remarks about interest rates.