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London midday: FTSE falls further as energy shares drop, BT tumbles
London stocks had fallen further by midday on Tuesday, with energy issues in the red as oil prices declined and BT under the cosh.
Eurozone construction output growth hits 17-month high
Construction output in the eurozone bounced back strongly in June after contracting the previous three months, according to figures released on Tuesday by Eurostat.
Eurozone CPI inflation unchanged for third straight month
Core inflation in the eurozone officially held steady for the third straight month in July, according to final estimates published on Tuesday by Eurostat.
OptiBiotix reports solid first-half operational progress
Obesity-focussed life science company OptiBiotix Health updated the market on its commercial activities for the first half on Tuesday, reported significant advancements in expanding its presence in key markets, particularly in the United States and Asia, while also investing in direct-to-consumer e-commerce channels to drive growth and profitability.
RBC hails "underappreciated" growth potential at Serco
RBC Capital Markets has reiterated its 'outperform' call on Serco Group, saying the essential public services providers' strong execution and prospects are currently "underappreciated" by the market.
Chariot announces start of drilling at Anchois project
Africa-focussed energy company Chariot announced the start of drilling operations at the Anchois gas project in the Lixus offshore licence, offshore Morocco, on Tuesday.
Beeks Financial Cloud secures further extension to JSE Colo 2.0 partnership
Cloud computing and connectivity provider Beeks Financial Cloud said on Tuesday that it had secured a further extension of its JSE Colo 2. 0 partnership with IPC into a second data centre location.
Renalytix terminates formal sale process
Renalytix, a company specialising in artificial intelligence-enabled diagnostics for kidney disease, announced the termination of its formal sale process on Tuesday.
Sosandar signs lease agreement for third store
Fashion retailer Sosandar said on Tuesday that it has signed a lease agreement for its third store in the North-East's Metrocentre, outside Newcastle in Gateshead.
Sweden’s Riksbank cuts rates by 25 basis points
Sweden’s Riksbank cut its benchmark rate by 25 basis points on Tuesday to 3. 5%, as widely expected.
Kooth inks partnership with Aetna Better Health of Illinois
Digital mental well-being services provider Kooth said on Tuesday that it had launched an initial one-year partnership with Aetna Better Health of Illinois.
Empresaria swings to first-half operating loss
Specialist staffing firm Empresaria swung to an operating loss in its first half, it reported on Tuesday, reflecting the continued impact of difficult market conditions on its financial performance.
N4 Pharma reports positive progress with SRI collaboration
N4 Pharma, a specialist pharmaceutical company focused on the development of Nuvec, a novel delivery system for cancer treatments, gene therapy, and vaccines, updated the market on its collaboration with SRI International on Tuesday.
Asia report: Markets mixed as China keeps loan prime rates steady
Asia-Pacific markets finished with a mixed performance on Tuesday, following a strong rally on Wall Street overnight.
H&T Group upbeat on first-half growth
Pawnbroker H&T Group reported a 12. 5% increase in first-half profit before tax on Tuesday, to £9. 9m, compared to £8. 8m in the first half of 2023.
BT Group slides as CityFibre strikes deal with Sky
BT Group slumped on Tuesday after competitor CityFibre announced a long-term broadband partnership with Sky.
Triple Point Social Housing transfers leases on 38 properties
Triple Point Social Housing REIT announced on Tuesday that it has successfully transferred the leases of 38 properties, previously leased to Parasol, to Westmoreland Housing Association.
German wholesale price deflation slows to 13-month low
Wholesale price deflation in Germany eased to its lowest level in 13 months in July, in line with economists' predictions.
PBOC maintains benchmark lending rates
Chinese central bank The People's Bank of China kept its benchmark lending rates unchanged on Tuesday, in line with market expectations.
London open: Stocks fall as Shell, BP gush lower
London stocks fell in early trade on Tuesday, with energy issues in the red as oil prices declined.