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UK retail sales surge in May - CBI
UK retail sales jumped in May, a closely-watched survey showed on Tuesday, as selling price inflation continued to fall back.
Europe midday: Shares slip into red as eyes turn to EZ, US inflation
European shares slipped into the red on Tuesday as traders looked ahead to inflation data across the Atlantic later in the week while hopes of a June interest rate cut from the European Central Bank were buoyed by comments from two policymakers on Monday.
Waystar looks to raise $1bn in Nasdaq IPO
Healthcare payments software group Waystar announced on Tuesday that it is seeking to raise around $1bn in its stock-market debut this summer.
London midday: Stocks stay down; Flutter Entertainment takes a hit
London stocks were still a little weaker by midday on Tuesday, as investors mulled the latest shop price inflation data.
ABN Amro snaps up German private bank in €672m deal
ABN Amro is to acquire German private bank Hauck Aufhauser Lampe in a €672m deal, it was confirmed on Tuesday.
Goldman Sachs downgrades Fevertree to 'sell'
Goldman Sachs downgraded Fevertree to ‘sell’ from ‘neutral’ on Tuesday and cut the price target to 1,050p from 1,075p.
US pre-open: Futures rise as Dow rebounds after recent sell-off
US stock futures were rising in pre-market trade on Tuesday, with risk appetite expected to return following recent weakness, though rising oil prices may keep a lid on gains.
Boohoo facing 'sizeable' revolt over executive bonuses - report
Boohoo is reportedly facing a potential investor revolt over plans to pay out millions in executive bonuses at its June annual general meeting.
NatWest banking app hit by IT glitch
NatWest customers were unable to use the online banking app on Tuesday due to an IT glitch, with thousands unable to access balance and payment services.
Persimmon eyes up possible £1bn Cala bid - report
Persimmon saw its share price dip on Tuesday, after it was flagged as a potential buyer of rival housebuilder Cala.
Jefferies has 'renewed confidence' for LSEG, hikes target price
Jefferies has hiked its target price for London Stock Exchange Group (LSEG) from 1,110p to 1,150p and maintained a 'buy' rating, saying it sees "clear upside risk to consensus".
Revolution Bars rejects Nightcap takeover proposal
Revolution Bars said on Tuesday that it has rejected a rescue deal by Nightcap as it is "incapable of being delivered" and that it will press ahead with a £12. 5m fundraising.
London open: Stocks edge lower; Persimmon said to weigh bid for Cala
London stocks edged lower in early trade on Tuesday as traders returned to their desks after the long weekend.
Victorian Plumbing upbeat for full year despite 'subdued' market
Victorian Plumbing reported a dip in first-half revenues on Tuesday, on the back of a "subdued" trading environment.
Asia report: Shares down as investors mull ECB rate cut talk
Asia-Pacific markets closed mostly lower Tuesday as traders mulled comments from European Central Bank officials suggesting interest rates could be cut next month.
Adriatic Metals to raise $50m as Vares project ramps up
Precious and base metals group Adriatic Metals has announced plans to raise $50m through a share placing as it "optimises" its balance sheet amid a ramp-up of its Vares project in Bosnia and Herzegovina.
Europe open: Shares up after dovish ECB comments on June cut
European shares opened higher on Tuesday as traders looked ahead to inflation data across the Atlantic later in the week while hopes of a June interest rate cut from the European Central Bank were buoyed by comments from two policymakers on Monday.
Genuit on track despite Q1 'softness'
Water, climate and ventilation solutions group Genuit has said its full-year outlook remains unchanged despite "market softness" since the start of 2024 as it continues to make improvements to underlying margins.
AstraZeneca experimental lung cancer drug shows promising results
AstraZeneca’s experimental lung cancer drug showed improved overall survival rates in phase III trials, the pharmaceutical giant said on Tuesday.
Intermediate Capital sees annual profits jump 132%
Investment firm Intermediate Capital Group (ICG) more than doubled profits in the year ended 31 March as it reported a huge increase in performance fee income, while assets under management rose by nearly a quarter.