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US pre-open: Futures in the red as June trading gets off to a rocky start
Wall Street futures were in the red ahead of the bell on Tuesday as June trading gets off to a rocky start.
Maersk lifts guidance again as freight costs continue to rise
Danish shipping giant Maersk has raised its full-year profits targets by the second time in five weeks as container freight costs continue to rise as a result of the ongoing crisis in the Red Sea.
London midday: FTSE extends losses as energy firms retreat
London stocks had fallen further into the red by midday on Tuesday, with oil giants under pressure as oil prices retreated.
Election landslide looks unlikely for India's Modi; Shares fall 6%
India’s nationalist prime minister Narendra Modi looked set to win a third term in government, but early poll results suggested the expected landslide victory may not materialise.
Whistleblower claims Standard Chartered broke more Iran sanctions
A former banker at Standard Chartered has accused the UK bank of carrying out more than $100bn of undetected transactions that breached sanctions against Iran.
Synectics trades 'comfortably in line' with expectations
Security and surveillance systems business Synectics said on Tuesday that year-to-date trading was "comfortably in line with market expectations" and that its cash position remained "strong".
Ceres Power awarded further contract for collaboration with Shell
Fuel cell technology developer Ceres Power has been awarded a further contract for the second phase of its collaboration with Shell.
Mission Group evaluating improved offer from Brave Bison
Digital marketing firm Mission Group said on Tuesday that it was evaluating an increased takeover proposal from rival Brave Bison but that it still believes it does not reflect its contribution to the proposed combined group.
Checkit proposes merger with rival Crimson Tide
Software business Checkit announced plans to merge with rival Crimson Tide on Tuesday, stating the acquisition would help both companies create "a scaled workflow software company".
Berenberg upgrades Future to ‘buy’, hikes price target
Berenberg upgraded Future on Tuesday to ‘buy’ from ‘hold’ and hiked the price target to 1,310p from 850p following "positive" first-half results, which indicated that organic growth has troughed.
Card spending at three-year low as consumers rein in non-essential purchases
Spending growth on UK credit and debit cards slowed to its lowest in more than three years in May as consumers cut back on discretionary spending, especially on non-essential food and drink, in the face of rising household bills.
Europe open: Shares lower ahead of ECB rate decision
European shares were lower at the open on Tuesday, following a weaker session in Asia as investors awaited a European central bank interest rate decision later in the week.
LondonMetric ups divi as M&A drives solid profit growth
FTSE 250-listed real estate investment trust LondonMetric saw profits and rental income both rise by more than 20% in the year to 31 March, helping the company to increase its dividend by 7. 4%.
London open: Stocks in the red as oil giants hit by falling prices
London stocks fell in early trade on Tuesday, with oil giants under the cosh as oil prices retreated.
Brookfield Asset Management considering offer for Tritax Eurobox
Tritax Eurobox gained on Tuesday after Brookfield Asset Management said it was in the early stages of assessing a possible cash offer for the company.
Asia report: India sell-off as Modi landslide looks unlikely
Asian stock markets fell on Tuesday as investors digested a fall in US manufacturing and awaited results of the Indian election, with the widely-expected landslide win for Narendra Modi’s right-wing BJP Party looking unlikely.
Chemring H1 profit hit by disruption in Countermeasures
Chemring hailed a record interim order book on Tuesday but posted a drop in underlying profit as its Tennessee countermeasures business was hit by adverse weather conditions.
British American Tobacco retains guidance, eyes H2 improvement
Cigarettes, tobacco and vape manufacturer British American Tobacco said it remains on track to hit guidance this year despite first-half underlying revenues and adjusted profits falling by low-single digits.
Vistry to build 1,750 homes in £580m deal with Blackstone, Regis
Vistry has agreed terms with private equity giant Blackstone and property investor Regis Group to buy a portfolio of new build homes in the south-east of England with a gross development value of £580m.
London pre-open: Stocks seen lower after mixed US session
London stocks were set for a weaker open on Tuesday following a mixed session on Wall Street.