Market Pulse
US close: Stocks mixed on China woes, oil price slump
US stocks were mixed on Tuesday as oil prices slid and the People's Bank of China tried to soothe concerns on the slowdown in the world's second largest economy.
Commodities: Oil drops further but gold holds gains
The oil market registered further declines on Tuesday as oversupply concerns trumped geopolitical tension in the Middle East, but gold futures held on to overnight gains in the European session.
FX Roundup: Major crosses in mixed trading as equities edge higher
Foreign exchange trading was largely mixed on Tuesday with no dominant forex cross leading the way, as European equity markets edged higher with concerns over China easing overnight.
Ithaca appoints new chief commercial officer
Ithaca Energy announced the appointment of a new Chief Commercial Officer on Tuesday, in long-serving staff member Richard Smith.
Wednesday preview: Fed releases minutes of 15-16 December policy meeting
The Federal Reserve on Wednesday releases the minutes of its last meeting, when policymakers decided to raise interest rates for the first time in almost a decade.
London close: Stocks finish higher as UK construction PMI beats forecasts
London stocks finished higher on Tuesday after wavering throughout the session as construction data came in better than expected.
WPP's H+K Strategies buys assets of Montreal-based Acertys
WPP’s wholly-owned public relations and public affairs firm H+K Strategies has agreed to buy all the assets of Canadian public engagement practice Acertys for an undisclosed sum.
Volkswagen demands more time to provide emissions cheating data
Volkswagen has requested more time to submit emissions data to the European regulators, according to reports.
ITV chair takes shares partially in lieu of fee
ITV chairman Archie Norman has seen his stake in the media company rise in lieu of directors fees.
FTSE 250 movers: Home Retail surges as Sainsbury's indicates another takeover offer
The FTSE 250 was in the black by mid-afternoon Tuesday, up 60. 04 points (0. 35%) to 17,182. 19.
VinaLand continues share buyback programme
VinaLand continued its extended share buyback programme apace at the end of 2015, further reducing the total voting rights in the company.
Amazon third-party sales soar 40% on Cyber Monday
Amazon sold more than 23m items for third parties on a single day in November, as its Cyber Monday offers reaped growth of 40% on the previous year.
US open: Stocks rise as PBoC tries to soothe markets
US stocks edged higher on Tuesday as the People's Bank of China tried soothe concerns about the nation's slowdown.
Sainsbury's mulling new offer for Home Retail after approach rejected
Sainsbury's has revealed it is still considering making a takeover offer for Home Retail after a November approach for the FTSE 250 retail group was rejected.
FTSE 100 movers: Miners reverse downward trend
The FTSE 100 had rebounded from Monday’s losses by mid-afternoon Tuesday, with the blue chip index up 39. 12 points (0. 64%) to 6,132. 55.
Renewables Infrastructure invests EUR57m in solar projects
AIM-listed investment company The Renewables Infrastructure Group has exchanged contracts to invest €57m (£42m) in a portfolio of 15 French solar ground-mounted and rooftop photovoltaic projects, alongside French renewable energy firm Akuo Energy.
Mosman Oil and Gas to renegotiate South Taranaki deal
AIM-listed oil exploration and development company Mosman Oil and Gas has issued a review notice to Origin Energy to renegotiate the terms of its acquisition of the South Taranaki licence in New Zealand following Brent crude's drop to below $40 a barrel.
Jersey Oil & Gas farms out North Sea licence
Jersey Oil & Gas continued its de-risking programme on Tuesday, farming out its share in a North Sea production licence.
European Commission launches in-depth probe of Drax's biomass plans
The European Commission will open an in-depth investigation into whether the UK’s plans to support the conversion of part of the Drax coal power plant to biomass are in line with EU state aid rules.
Cantor upgrades Royal Mail as it highlights benefits of scale
Cantor Fitzgerald upgraded Royal Mail to ‘buy’ from ‘hold’ and raised the price target to 530p from 500p.