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Market Pulse
02 Feb
Wall Street, New York Stock Exchange, markets, traders, US, America
US close: Stocks end firmly in the red as oil prices slide

US equity markets ended firmly in the red on Tuesday as oil prices slid.

02 Feb
the gherkin, londres, rascacielos, edificio
Sector Movers: BP's financials, oil price decline weigh on resource stocks

Resource stocks plummeted on Tuesday as oil futures continued to fall and oil giant BP posted a weak set of financials.

02 Feb
rosneft, oil, gas, pipeline
Commodities: Base metals see modest gains as oil slips further

Oil futures remained on verge of reversing all of the past week’s gains on Tuesday with little news to the upside, while base metals posted meek gains over afternoon trading in Europe.

02 Feb
Mapa Mundo
It´s not 2008 all over again, Credit Suisse says, but China risks have risen

Credit Suisse on Tuesday downgraded its recommendation to clients as regards global equities, marked down its year-end target for the S&P 500 and cautioned that it saw an increased risk of a 'hard-landing' in China, although outside the US it believed markets remained "cheap".

02 Feb
gsk, drug, biotech, pharma,
Wednesday preview: GSK reports fourth quarter earnings

GlaxoSmithKline on Wednesday reports its fourth quarter earnings and a trading update on its 2015 full year results.

02 Feb
Piccadilly Circus, London
London close: Stocks slide on oil sector worries

London stocks were on the back foot on Tuesday as concerns about falling oil prices escalated after BP reported a full year loss.

02 Feb
comisioneuropea_630 European Commission
EU reaches data transfer deal with US

The European Union and Brussels managed to reach a new deal on data transfer on Tuesday, a day after a deadline set by privacy regulators in Europe lapsed.

02 Feb
money
FX Roundup: Pound slips as ‘Super Thursday’ approaches

The pound sterling headed lower against a basket of global currencies on Tuesday, with the Bank of England expected to reveal a largely dovish stance later in the week and ‘Brexit’ anxiety weighing on investor sentiment.

02 Feb
Europe close: Stocks lower as crude oil futures come under pressure

European stocks ended the session lower, with energy issues pacing the decline following dismal results from oil major BP and as oil prices continued to slide lower.

02 Feb
libra, esterlina, divisa, moneda, reino unido pound currency
Madagascar Oil works to quash swirling rumours

Madagascar Oil's board was working to quash swirling rumours about its activities on Tuesday, as it made efforts to release funds and secure a strategic partner.

02 Feb
Kingfisher B&Q store, retail
Superstore Sunday trading hours to be further relaxed

In a lastminute change the government has revealed plans to devolve Sunday trading hours, in spite of warnings that the measures will do further harm to independent high street retailers by favouring large of out-of-town stores.

02 Feb
talktalk telecom talk talk
TalkTalk MD throws £1.5m behind company as cyber attack figures released

After TalkTalk revealed the extent of its cyber-attack injuries on Tuesday, the Managing Director of the FTSE 250 company’s business division has thrown nearly £1. 5m behind the company.

02 Feb
BT network suffers major internet outage around UK

BT Group's broadband and landline network has been hit by a wide-scale outage across several locations around the UK on Tuesday afternoon.

02 Feb
money
Northcote Energy celebrates MX Oil sale in Nigeria

Northcote Energy was celebrating an announcement from its partner MX Oil on Tuesday, over the sale of the Aje Field off the shore of Nigeria.

02 Feb
Ocado grocery
FTSE 250 movers: Investors worried about Ocado Smart Platform partners

The FTSE 250 continued to slide on Tuesday, with the second tier market down 249. 75 points (1. 51%) to 16,239. 51 points by mid-afternoon.

02 Feb
pint_beer
ABI-SABMiller merger won't cause European beer market hangover, Moody's says

Anheuser-Busch InBev’s merger with SABMiller is unlikely to alter the competitive landscape of the European beer market over the next 12-24 months as it will take time for the combined entity to hit its stride, according to Moody's.

02 Feb
wall street
US open: Oil price slump weighs on equities

US stocks declined on Tuesday as oil prices continued a downward spiral.

02 Feb
Gold bars, coins, mining, metals
Hummingbird looking at extension of Yanifolia Gold Project

Hummingbird Resources was quite literally sitting on a goldmine on Tuesday, revealing promising results drom a desktop study on the Gonka desposit.

02 Feb
Argos, Home Retail, retailing
Broker tips: Home Retail, Britvic, AG Barr, Shell

Home Retail had its ‘sell’ rating reiterated by Canaccord Genuity on Tuesday after the company agreed on the terms of a takeover bid from J Sainsbury.

02 Feb
computer, office, work
Minds + Machines sees good domain sales growth

Minds + Machines was looking towards operational profitability on Tuesday, updating the market on its fourth quarter trading ahead of its full-year results.