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SIG first-half revenue slips as tough markets linger
SIG reported a decline in first-half revenue in its interim results on Tuesday, reflecting difficult trading conditions across key markets.
Domino's sees FY profit at lower end of market expectations
Domino’s Pizza warned on Tuesday that full-year profit would be towards the lower end of the current range of market expectations after a slower start to the first half.
Morgan Advanced Materials still cautious after first-half growth
Morgan Advanced Materials has reported a robust set of half-year results on Tuesday, with a 3. 4% increase in revenue to £572. 6m and a 42. 6% surge in group adjusted operating profit, which reached £71. 3m.
Rightmove parts ways with OpenRent, reiterates FY guidance
Online real estate portal operator Rightmove parted way with lettings platform OpenRent on Tuesday but assured investors that its FY24 trading performance would not be affected.
Ofwat slaps UK water firms with fines over historic sewage spills
Thames Water, Yorkshire Water and Northumbrian Water were all the subjects of Ofwat's ire on Tuesday as the water regulator looks to clean up the industry amid historic sewage spills.
Spirent Communications swings to loss in first half
Spirent Communications said on Tuesday that it swung to a loss in the first half as revenue fell amid challenging trading conditions.
German factory orders rise for first time this year
Factory orders in Germany in June rose for this year, smashing forecasts following a decline the previous months, according to data from the Federal Statistical Office on Tuesday.
London open: Stocks bounce back; IHG rallies on results
London stocks rose in early trade on Tuesday, bouncing back from a heavy selloff the day earlier which saw global markets plunge.
RBA keeps rates unchanged but says inflation 'too high'
Rate-setters Down Under kept policy unchanged but sounded a hawkish note on the outlook for rates.
Travis Perkins cuts full-year profit outlook
Travis Perkins posted a drop in first-half profit on Tuesday as it pointed to continued weak demand across its end markets and cut its profit outlook for the full year.
Illinois court rules in GSK's favour in Zantac case
GSK was upbeat after securing a legal victory in a case in the ongoing litigation surrounding its discontinued heartburn drug Zantac.
Warm weather and food spend drive UK retail sales growth
UK retail sales returned to growth last month, following a slight dip in June, as increased food purchases and improved weather gave consumer spending a boost.
Abrdn beats 1H estimates, upbeat on outlook
Abrdn beat analysts' estimates for revenues and profit at the half-year stage.
InterContinental sees RevPAR growth accelerate in Q2
Crowne Plaze, Regent and Holiday Inn owner InterContinental saw its bottom line shrink by 10% in the first half due to the planned reduction of its so-called System Fund surplus, though underlying profits improved by 12% due to solid margin improvements and an acceleration in RevPAR growth in the second quarter.
London pre-open: Stocks to bounce back after heavy losses
London stocks were set to rebound at the open on Tuesday following a heavy selloff in the previous session amid a global market meltdown.
IHG sees bottom line shrink, GSK upbeat on Zantac court decision
London open The FTSE 100 is expected to open 81 points higher on Tuesday, having closed down 2. 04% on Monday at 8,008. 23.
Tuesday newspaper round-up: Retail sales, Google, Warren Buffett
The late arrival of warm summer weather drove a recovery in retail sales last month, industry data shows, despite continuing signs of consumers holding back on big ticket purchases amid the cost of living crisis. Figures from the British Retail Consortium showed that UK total retail sales increased by 0. 5% year on year in July, a recovery from the washout month of June when colder weather deterred shoppers from spending on the high street. – Guardian.