Market Pulse
Eurozone economic confidence edges higher in September
Economic confidence in the Eurozone edged slightly higher in September, as the region seemed untroubled by a potential slowdown in China.
WPP's Cohn & Wolfe buys stake in India's Six Degrees PR
WPP’s wholly-owned operating company Cohn & Wolfe has agreed to acquire a majority stake in Six Degrees PR - a full service public relations agency - and its content and integrated marketing subsidiary Alphabet Consulting.
Nomura still bullish on UK domestic banks, Barclays and Lloyds among top picks
Nomura remains bullish on domestic UK banks, highlighting Barclays and Lloyds Banking Group among its top five picks in the sector.
United Cacao widens losses, expects profitability in four years
United Cacao has posted a $1. 86m (£1. 2m) loss for the six months to 30 June, but its chief executive remained upbeat and said it expected to turn a profit in three to four years.
SFO investigates BoE's influence on emergency auctions
The Bank of England is reportedly under investigation by the Serious Fraud Office (SFO) over claims the central bank told lenders to bid at a particular rate in emergency auctions to limit questions about their balance sheets.
CloudTag ramps up progress towards wearable tech
CloudTag is ramping up progress and funding as it looks to launch wearable technology next year.
British mortgage lending increases at fastest pace since 2008
British mortgage approvals surged in August, increasing at the fastest pace since 2008, figures released on Tuesday showed.
Boohoo posts 39% jump in interim profit as customer numbers surge
Online clothing retailer Boohoo. com reported a 39% increase in interim profit, with revenue up sharply as the company gained new customers.
Positive outlook for 3i Infrastructure
Three new investments and proposed regulation changes are being seen as positive news for 3i Infrastructure.
LSE appoints Nikhil Rathi as chief executive
London Stock Exchange has appointed Nikhil Rathi as chief executive officer with immediate effect.
Verona Pharma rallies on positive drug study results
Shares in Verona Pharma rallied after it announced positive headline data from the third and final part of a clinical study on its RPL554 drug for the treatment of chronic obstructive pulmonary disease.
German import price index declines unexpectedly in August
Germany’s import price index declined more than expected in August, data released on Tuesday showed.
Wizz Air ups full-year net profit guidance on robust bookings
Low-cost airline Wizz Air Holdings raised its full-year net profit guidance as it said it has traded well in the first half of the 2016 financial year and is on target to deliver operating and net profit margins ahead of last year.
London open: Stocks fall amid China concerns
UK stocks fell for a second day on Tuesday amid concerns about China and low commodity prices.
Moss Bros scrubs up well as interim profit surges
Shares in Moss Bros Group jumped 6% early on Tuesday, as the formal menswear retailer reported a sharp increase in hire sales in the first half of the year.
Europe open: Stocks fall following weak sessions in the US and Asia, but resources rebound
European stocks fell in early trade, taking their cue from downbeat US and Asian sessions, although basic resources rebounded following heavy losses in the previous session.
Citigroup and Bernstein still see value in Glencore
Commodity trader Glencore took a beating on Monday, falling to its lowest level since its IPO in 2011, after Investec said the company’s equity value is zero at current spot prices, but two analysts came out in its defence on Tuesday.
Vodafone appoints former Standard Life's CEO as non-exec director
David Nish has been appointed to Vodafone’s board of non-executive directors, the mobile communication giant said on Tuesday.
London pre-open: Global mining still in focus
Stocks will start the session lower on the back of the weakness seen overnight on Wall Street with the global mining sector very much still in focus.
Rotork acquires two new companies
Rotork has purchased Roto Hammer Industries and Servo Moteurs Service for over £9m.