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Sanctions still impacting Caspian Sunrise operations
Caspian Sunrise said in an operational update on Tuesday that while neither the UK nor the EU had imposed sanctions on oil produced in Kazakhstan and transported via the Russian pipeline network, sanctions on Russia were having a significant impact on its operations.
Canaccord moves Base Resources to 'speculative buy'
Canaccord Genuity moved its rating on Base Resources from 'buy' to 'speculative buy' on Tuesday as the group continues its transition from a producer to a developer.
Real Good Food upbeat on returning to positive EBITDA
Cake decoration specialist Real Good Food reported a slow start to the year on Tuesday, as expected, but said it was now trading well as it entered its busy seasonal third quarter leading up to Christmas.
Acuity RM secures three-year contract with unnamed motor manufacturer
Risk management services provider Acuity RM said on Tuesday that it has secured a new contract win via its wholly-owned operating subsidiary.
Newmark reports progress across both divisions
Newmark Security reported substantial progress across both of its business segments in an update on Tuesday, with the last financial year culminating in its return to profitability.
TP ICAP revenue growth driven by energy and commodities markets
Financial services firm TP ICAP said on Tuesday that year-to-date revenues had risen, driven by a solid performance from energy and commodities markets.
US pre-open: Stocks to edge up as Fed meeting kicks off
US stock futures pointed to a slightly firmer open on Wall Street on Tuesday as investors eyed the start of the Federal Reserve’s policy meeting.
Government reverses decision to close rail ticket offices
The government has reversed its decision to close most ticket offices at train stations across England, it was revealed on Tuesday, citing a failure to meet the “high threshold of serving passengers”.
London midday: Stocks push higher as Rolls-Royce shines
London stocks had pushed higher by midday on Tuesday, with Rolls-Royce pacing the gains after a rating upgrade, but BP under pressure after disappointing third-quarter numbers.
CyanConnode secures Middle East and North Africa follow-on contract
Narrowband RF mesh networks designer CyanConnode has received a letter of award for a follow-on smart metering deployment in the Middle East and North Africa.
Europe midday: Stocks jump as easing inflation raises hopes of ECB rate cut
Stocks put in decent gains on Tuesday morning after data showed that inflation in the Eurozone eased more than anticipated this month, raising hopes that the European Central Bank (ECB) may loosen monetary policy sooner than expected next year.
Eurozone inflation slows more than expected in October
The annual rate of consumer price inflation in the Eurozone slowed to its lowest level in two years this month, according to data released Tuesday by Eurostat, raising hopes that the European Central Bank (ECB) may loosen monetary policy sooner than expected next year.
Eurozone GDP contracts by 0.1% in third quarter
The Eurozone economy unexpectedly contracted in the third quarter, official figures from Eurostat revealed on Tuesday.
Serica Energy awarded Kyle block in UK licensing round
Serica Energy announced the award of a 100% interest in UK block 29/2a to its wholly-owned subsidiary Tailwind Energy Chinook on Tuesday as part of the UKCS 33rd Offshore Licensing Round.
Yellow Cake reports solid September quarter performance
Specialist uranium investor Yellow Cake described a solid performance for the September quarter on Tuesday, reporting that the uranium spot price experienced a notable increase of 31. 3% from $56 per pound on 30 June to $73. 50 on 30 September.
Citi ups Centrica price target, reiterates ‘buy’
Citi reiterated its ‘buy’ rating on Centrica on Tuesday and lifted the price target to 180p from 155p, saying it was attractive relative to the sector.
Vodafone to sell Spanish business to Zegona for up to €5bn
Vodafone said on Tuesday that it has agreed to sell its Spanish business to Zegona Communications for up to €5bn.
Asia report: Japan markets rise as BoJ holds interest rates
Stock markets in the Asia-Pacific region finished with a mixed performance on Tuesday, influenced by several economic factors and monetary policy decisions.
Bank of Japan tweaks yield policy
The Bank of Japan announced a tweak to its yield curve control on Tuesday, saying it would allow yields on the 10-year government bond to rise above 1%.
BHP approves further $4.9bn investment in Jansen potash project
BHP said on Tuesday that it has approved $4. 9bn of investment for stage two of the Jansen potash project in Saskatchewan, Canada.