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Goldplat profitability improves in fourth quarter
South Africa and Ghana-focussed gold recovery specialist Goldplat announced a substantial increase in fourth-quarter profitability on Tuesday.
Diaceutics reports progress with rare-disease offerings
Diaceutics announced a significant enhancement to its rare-disease offerings on Tuesday, leading to the acquisition of a new contract aimed at supporting the commercialisation of a rare-disease therapy.
Belluscura shares surge on strong sales momentum, improved outlook
Belluscura, a developer of lightweight and portable oxygen enrichment technology, reported strong sales momentum and an optimistic trading outlook on Tuesday, as it prepared for the full commercial launch of its new ‘DISCOV-R’ portable oxygen concentrator.
London midday: Stocks stay up as Bunzl surges
London stocks were still firmer by midday on Tuesday, with Bunzl surging ahead after a profit upgrade.
RUA Life Sciences reports strong start to financial year
RUA Life Sciences, a medical device company specialising in implantable textiles and biostable polymers, reported a strong start to its financial year on Tuesday, with trading in the first four months exceeding management expectations.
Shield Therapeutics iron deficiency treatment approved in Canada
Commercial-stage pharmaceutical company Shield Therapeutics announced on Tuesday that ‘ACCRUFeR’, or ferric maltol, had been approved by Health Canada as a prescription drug for the treatment of adults with iron deficiency anaemia (IDA).
Europe midday: Markets rangebound after recent gains
European stocks were rangebound on Tuesday as equity markets continued to pause for breath following the recent rally, which saw the Stoxx 600 rise more than 6% over the past three weeks.
JD.com unveils $5bn, 36-month share buyback plans
Chinese e-commerce giant JD. com unveiled a new $5bn share buyback programme on Tuesday, set to begin in September and extend over the next 36 months.
Bronfman withdraws bid for Paramount, making way for Skydance deal
Edgar Bronfman Jr officially withdrew his bid to acquire Paramount Global on Tuesday, effectively clearing the way for Skydance Media to take control of the company.
Deutsche Bank downgrades Primark owner AB Foods to 'sell'
Associated British Foods slumped on Tuesday as Deutsche Bank downgraded its rating on shares of the Primark owner to ‘sell’ from ‘hold’ and cut the price target to 2,190p from 2,290p.
Plus500 kicks off fresh $110m share buyback
Multi-asset fintech firm Plus500 announced the launch of a share buyback programme valued at up to $110m on Tuesday.
Jefferies keeps 'underperform' rating on Bunzl despite strong H1
Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.
Ryanair no longer sees risk of double-digit average fare reductions
Budget carrier Ryanair said on Tuesday that it no longer sees a risk of average fares falling by double-digit percentages and that a more moderate 5% fall "looks reasonably accurate" for the all-important three months ending September.
German economy stagnated in second quarter, revised data shows
Economic activity in Germany held steady in the second quarter, according to upwardly revised gross domestic product estimates released on Tuesday.
Asia report: Most markets follow Wall Street lower
Asia-Pacific markets largely fell on Tuesday, mirroring losses in key US indices overnight and reflecting cautious investor sentiment as they assessed mixed economic data from China and ongoing geopolitical tensions.
Endeavour Mining settles spat with Lilium Gold, to receive $60m payment
Gold miner Endeavour Mining said on Tuesday that it will receive $60. 0m from Lilium Gold as part of a settlement agreement brokered by the government of Burkino Faso for the disposal of its Boungou and Wahgnion mines.
Harbour Energy to complete Wintershall Dea acquisition earlier than expected
Harbour Energy surged on Tuesday after saying that its acquisition of the Wintershall Dea asset portfolio was set to complete earlier than expected.
Woodside Energy H1 interim profits slide
Exploration and production firm Woodside Energy shares advanced on Tuesday despite posting a decline in interim profits as a result of lower prices for liquefied gas.
Europe open: Stocks rise despite mixed German data
European stock regained their upward momentum on Tuesday morning, with the Stoxx 600 index rising 0. 2% despite some mixed data from economic powerhouse Germany.
London open: Stocks in the black; Bunzl surges on profit upgrade
London stocks rose in early trade on Tuesday as traders returned to their desks after the long weekend.