International News
IMF lowers global growth forecasts on trade, Brexit concerns
The International Monetary Fund (IMF) cut growth forecasts for the global economy for this year and next as it warned that an escalation of the China-US trade war or a hard Brexit could harm it further.
Tuesday broker round-up
XPS Pensions Group: RBC Capital Markets initiates outperform with a target price of 140p.
Europe close: Markets buoyant amid slew of solid earnings
European shares closed in the green on Tuesday, as solid corporate earnings and a strong session on Asian markets provided impetus.
US open: Stocks go green as earnings onslaught continues
Wall Street trading began on a positive note on Tuesday following earnings from the likes of Coca-Cola, Biogen, Lockheed Martin, United Technologies and Harley-Davidson.
Apple reportedly looking to snap up Intel's smartphone chip division
Apple is said to be in talks to buy Intel's modem chip division for approximately $1bn within the next week.
US pre-open: Futures point to gains as earnings continue to roll in
Wall Street futures were pointing to a solid open on Tuesday as the likes of Coca-Cola, Biogen, Lockheed Martin, United Technologies and Harley-Davidson were all slated to report before the opening bell.
UBS profits grow but investment bank, wealth management fall
UBS on Tuesday reported its highest second quarter net profit since 2010 even as its investment bank and wealth management divisions suffered declines.
Santander's Q2 profits slump on restructuring costs, mortgage war
Spain's Banco Santander said second quarter profits fell 18% due to restructuring at its Banco Popular unit and the mortgage price war in the UK.