Market Pulse
Newspaper share tips: ITV sale rumours not worth much
The Financial Times was looking at swirling rumours around the UK's biggest commercial broadcaster, while the Telegraph was looking back on its mistakes this week.
Vast Resources appoints Pierre Joubert as CFO
AIM-listed mining company Vast Resources announced the appointment of Pierre Joubert as chief financial officer with immediate effect.
RBC cuts Centrica price target but reiterates 'outperform'
RBC Capital Markets cut its target price on Centrica to 260p from 280p, but reiterated its ‘outperform’ recommendation.
US pre-open: 'Santa Rally' not forthcoming ahead of GDP data
A much-fabled Santa Rally was failing to materialise ahead of the US open on Tuesday, as looming economic data caused stock futures to edge lower.
London midday: Stocks rise on China stimulus hopes, UK consumer confidence
The FTSE 100 rose on Tuesday after the Chinese government hinted at further stimulus and a report showed an increase in UK consumer confidence.
German consumer confidence improving, according to GfK
Consumer confidence in Germany is on the rise following four months of declines, according to a survey by market research firm GfK.
Europe midday: Stocks fluctuate in choppy, holiday-thinned trade
European stocks fluctuated between gains and losses on Tuesday amid choppy, holiday-thinned trade, as oil prices regained some ground.
China shares in the black but Japan flounders in Asia
It was a tale of two dragons in Asia on Tuesday, with China firing on all cylinders as the end-of-year spending spree continued, while Japan was relatively muted amid poor economic forecasts and some surprise forecast corporate losses.
Migration to Europe reaches one million in 2015, report reveals
Europe has accepted more than one million migrants and refugees this year, according to the International Organization for Migration.
Tata Steel in talks to sell business unit to Greybull Capital
Tata Steel UK has announced the signing of a letter of intent with Greybull Capital to enter exclusive talks for the potential sale of its long products business unit.
International Personal Finance considering alternative model for Slovak business
International Personal Finance said on Tuesday that it is evaluating alternative business models for the Slovakian market, after new consumer legislation was passed that may damage its Slovak business.
China may introduce additional stimulus measures
China’s government has indicated it may introduce further stimulus measures to turn around the nation’s slowing economy.
Japan's economic minister signals low inflation
Japan's Minister of State for Economic and Fiscal Policy paved the way on Tuesday for the country's central bank to alter its inflation target amid the ongoing commodities rout.
UK public sector borrowing rises more than expected in November
UK public sector borrowing rose £1. 3bn to £14. 2bn in November from the same month last year, according to data released by the Office for National Statistics.
Hansteen buys £15.4m of AIF units
Property investment company Hansteen has acquired a further 31. 6m units in the Ashtenne Industrial Fund (AIF) from Britel Fund Trustees Limited for £15. 4m in cash, reflecting a price per unit of £0. 4869.
Fastjet warns over 2015 and 2016 revenues
Low-cost African airline Fastjet said revenues for 2015 and 2016 are likely to be lower than anticipated due to challenging market conditions and currency headwinds.
Survey predicting 3% rise in rents next year
Private tenants could feel the squeeze in 2016, as a combination of house price pressure and government regulation sees the attractiveness of buy-to-let properties wane.
London open: Stocks gain as China hints at further stimulus
London stocks were sitting higher on Tuesday after the Chinese government hinted at further stimulus.
Spanish election result 'credit negative', says Moody's
Spain's inconclusive parliamentary election has increased political uncertainty and raised doubts about the future government's ability and willingness to continue with structural reforms and fiscal consolidation, according to Moody’s.
Europe open: Stocks push higher as oil prices recover
European stocks rose in early trade, taking their cue from an upbeat session on Wall Street, as oil prices gained back some ground.