Market Pulse
US close: Stocks end in the red as energy sector slumps
US equities ended a choppy session in the red on Tuesday as a fresh batch of weak Chinese data renewed fears over a possible global slowdown, while weak oil prices weighed on energy-related stocks.
Sector movers: Resource stocks hammer London market
Volatile oil and metal prices dented confidence in the London market on Tuesday, with a plethora of resource stocks taking a beating.
Market overview: Oil futures bounce ahead of more Chinese data
1630:Close Miners fell into a pit themselves on Tuesday after Anglo American slashed its dividend payouts, stoking worries that a similar fate might await some of its rivals. Ironically, following selling earlier in the day US crude futures and LME traded three-month copper rebounded to trade slightly higher. West Texas Intermediate futures for January delivery dipped below notional technical support at $37 at one point in the session. The single currency also moved higher, rising back to almost 1.
Interview - Wey Education looks to Africa and Asia for growth before AIM listing
Turnover at Wey Education rocketed over the last financial year as the company continued to progress on its strategic plan to roll-out what management claimed was a unique e-learning model.
Commodities: Oil, copper futures in tepid recovery
Oil futures endured a volatile Tuesday, after OPEC rolled over its crude production level, last set at 30m barrels per day, following the conclusion of its oil ministers' summit in Vienna, Austria late last week.
Apple to unveil new watches in March 2016
Tech-giant Apple was planning an event for March 2016 at which it may unveil its next generation of Apple Watch, according to a report from 9to5Mac citing sources.
London close: Stocks decline on mining slump
Mining shares declined on Tuesday, dragging UK equities lower at close of trading.
Europe close: Stocks slump as concerns over China slowdown return
European equity markets declined on Tuesday as disappointing trade figures from China offset a more buoyant reading on Eurozone growth.
Restore completes Wincanton deal
Support services group Restore has completed the acquisition of Wincanton and Wincanton Records Management for a combined £60m.
FX Roundup: Dollar, pound correct on euro recovery
The dollar and pound lost momentum on Tuesday, as Chinese exports fell for the fifth successive month.
UK economy grows 0.6% in three months to November, NIESR estimates
The UK economy grew 0. 6% in the three months to November, according to the National Institute of Economic and Social Research on Tuesday.
David Cameron rejects Trump's Muslim ban comments
Prime Minister David Cameron has rejected US Republican presidential front-runner Donald Trump’s proposal to prevent Muslims from entering the US, Bloomberg reported.
Anglo Pacific directors attempt to prop up company amid weak mining sector
Anglo Pacific Group’s chief executive and one of its non-executive directors are doing their bit to prop up the company in the face of a weaker mining sector.
Broker tips: Berkeley Group, Rolls Royce, Entertainment One
Analysts at Credit Suisse bumped up their target price for Berkeley Group Holdings after the company boosted its capital return programme, unveiled an increase in forward sales and management expressed confidence in the operating environment.
Victrex posts steady growth, tempts investors with special dividend promise
Victrex has seen steady growth for the year with a 4% rise in revenue, as it tempts investors in with by promising special dividends.
Mosman puts its eggs in the NZ oil basket
Mosman Oil and Gas reported its final results for what it described as a "challenging year" on Tuesday, as it shifted its focus from Australian to New Zealand exploratory operations.
Beijing chokes on highest smog alert
Beijing's 25 million citizens were on lockdown on Tuesday, as the Chinese capital suffered through its first ever pollution 'red alert'.
Credit Suisse boosts target price for Berkeley Group Holdings
Analysts at Credit Suisse bumped up their target price for Berkeley Group Holdings after the company boosted its capital return programme, unveiled an increase in forward sales and management expressed confidence in the operating environment.
Morgan Stanley to close global base metals trading desks
Morgan Stanley was to close its base metals trading desks globally, as a part of a wider programme of job cuts, metals industry sources told Reuters.
US job openings decline in October
US job openings fell short of expectations in October, data released on Tuesday showed.