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Shell to buy Singaporean LNG firm Pavilion Energy from Temasek
Shell said on Tuesday that it has agreed to buy Singaporean liquefied natural gas (LNG) firm Pavilion Energy from investment company Temasek for an undisclosed sum.
SThree sees 7% decline in first-half net fees
STEM-specialist recruitment firm SThree said it expects to hit market forecasts this year despite a drop in net fees in the first half.
London open: Stocks gain after US highs; Whitbread jumps
London stocks rose in early trade on Tuesday following a solid close on Wall Street, which saw the S&P 500 and Nasdaq set new record highs.
AstraZeneca trial fails to treat 'challenging' breast cancer
AstraZeneca announced on Tuesday that the phase three ‘CAPItello-290’ trial for ‘Truqap’, or capivasertib, in combination with paclitaxel did not achieve its primary endpoints.
Tatton Asset Management confident after year of growth
Tatton Asset Management reported growth across key financial metrics in its final results on Tuesday, with group revenue rising 13. 9% to £36. 81m.
RBA holds rates steady but warns of upside risks as inflation persists
The Reserve Bank of Australia board left its cash rate on hold at 4. 35% but warned that persistent inflation and slowing economic growth meant it was ruling "anything in or out" on the future path of monetary policy, with risks to the upside remaining.
Ashtead narrowly misses profit forecasts as Q4 growth slows
Equipment rental group Ashtead broadly met consensus estimates with double-digit annual revenue growth, though profits did come in shy of expectations, as the company pointed to a further moderation of growth in the coming year.
Telecom Plus full-year profits beat expectations
Telecom Plus posted better-than-expected full-year pre-tax profit on Tuesday as customer and service numbers continued to grow.
London pre-open: Stocks seen up after US gains
London stocks were set to rise at the open on Tuesday following a solid close on Wall Street, which saw the S&P 500 and Nasdaq set new record highs.
Melrose appoints former British Land CEO as chair designate
Aerospace manufacturing group Melrose has appointed the former boss of British Land and veteran banker Chris Grigg as its chair designate.
Melrose appoints Chris Grigg as chair, AstraZeneca breast cancer treatment trial fails
London open The FTSE 100 is expected to open 45 points higher on Tuesday, having closed down 0. 06% on Monday at 8,142. 15.
Tuesday newspaper round-up: Investment in the UK, London productivity, EPC
Investment in the UK has trailed other G7 countries including the US and Germany since the mid-1990s, according to a report that urges Labour and the Conservatives to reverse planned cuts to investment or risk long-term damage to economic growth. The Institute for Public Policy Research (IPPR) thinktank found the UK was bottom of the G7 league for investment in 24 out of the last 30 years, using figures from the Organisation for Economic Co-operation and Development (OECD).