Headline News
Caterpillar beats profit forecasts despite revenue fall
Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin.
Uber beats expectations with strong second-quarter growth
Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-year growth across its key business segments.
Eurozone construction downturn worsens further in July due to housing
An already deep downturn in euro area construction intensified slightly more last month, the results of a survey revealed.
IWG reports record first-half revenue
International Workplace Group reported record first-half financial results on Tuesday, driven by a strategic network expansion across its brands including Regus and Spaces.
Renewi reports 3pc rise in quarterly revenue, earnings
Waste-to-product specialist Renewi reported a 3% year-on-year increase in revenue to €434. 4m for its first quarter on Tuesday, driven by higher core volumes and input prices across its commercial waste and specialities divisions.
Euro area retail sales dip a tad more than expected in June
Retail sales inside the single currency bloc slipped by a tad more than expected in June.
UK construction sector grows at fastest pace since May 2022
Activity in the UK construction sector grew in July at the fastest pace in 26 months, according to a survey released on Tuesday.
Keller sees full year 'materially ahead' of market views
Keller surged on Tuesday as it said its full-year performance was set to be "materially ahead" of current market expectations after a strong first half.
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.
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.
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.
Abrdn beats 1H estimates, upbeat on outlook
Abrdn beat analysts' estimates for revenues and profit at the half-year stage.