Market Pulse
Commodities: Oil futures extend upticks, base metals rally
Global oil benchmarks extended their run above $40 per barrel level on Tuesday, riding high on the approaching crucial talks between OPEC and non-OPEC crude producers scheduled for 17 April in Doha, Qatar.
US close: Stocks close higher on oil price rally
US stocks ended Tuesday's session higher as a rally in oil prices boosted energy shares.
Tuesday newspaper share tips: Iofina, Carr's Group
Iofina shares are worth a punt, albeit admittedly being ‘extremely high-risk’, The Daily Telegraph’s Questor said.
FX Roundup: Pound strengthens as IMF intervenes in Brexit debate
The pound sterling rose against a basket of global currencies on Tuesday, after the International Monetary Fund warned a British exit or ‘Brexit’ from the European Union could cause "severe regional and global damage. ".
Europe close: Stocks jump as oil price rebound continues
European stocks reversed earlier losses to trade a little firmer on Tuesday as oil prices turned higher, although losses for luxury goods stocks kept a cap on gains.
Anglo American may sell Brazilian phosphate assets to Vale, reports say
Anglo American could have found a buyer willing to pay around $1bn for its niobium and phosphates business in Brazil, according to reports late on Tuesday.
Global PC sales slump for the sixth consecutive quarter
Global shipments of personal computers took a tumble in the first quarter, with fresh research from Gartner and IDC suggesting a drop of between 9. 6% and 11. 5%.
London close: FTSE closes higher after UK inflation
The FTSE closed in positive territory on Tuesday as official data showed UK inflation rose more than expected in March.
Taxpayer to foot settlement bill after driving test contract cancelled
Taxpayers looked set to be left with a large bill on Monday, after a contract for the management of Britain’s driving theory tests was yanked from the company which won it, and back into the hands of the prior concessionaire.
London midday: Stocks gain after better-than-expected UK inflation
London stocks rebounded from early falls on Tuesday after UK inflation data came in better than anticipated.
US open: Stocks mixed as IMF cuts economic growth forecasts
US stocks were mixed on Tuesday as investors continued to weigh earnings from Alcoa and as the International Monetary Fund downgraded its economic growth forecasts.
Small caps news round-up
GCM Resources said it was not aware of any reason for the recent spike in its share price. In a statement, the company said it remained “wholly focused on pursuing the necessary approval from the government of Bangladesh for the Phulbari coal project to proceed with the next stage of development”.
Director dealing: Hikma directors keep buying
Hikma Pharmaceuticals' newest board member has bought himself some skin in the game, following his chief executive's lead.
Lidco swings to yearly loss
Blood monitoring company Lidco Group swung to a pre-tax loss for the year ended 31 January 2016 as revenue slid.
FTSE 250 movers: Iron ore prices push resources higher
The FTSE 250 remained in the black on Tuesday afternoon, as investors digested better-than-expected inflation data which reached its highest point in a year.
Deutsche Bank shelves North Carolina hiring due to anti-LGBT law
Deutsche Bank has cancelled plans to create 250 jobs at its office in Cary in the North Carolina due to the US state's new anti-LGBT law.
Wednesday preview: Tesco expected to swing to full year profit
Tesco is expected to reveal it swung to a full year profit on Wednesday as the supermarket chain’s recovery plan shows progress.
FTSE 100 movers: Anglo sparkles on De Beers sales; Ashtead slumps on downgrade
London’s FTSE 100 was up 0. 1% to 6,205. 41 in afternoon trading as investors digested better-than-expected UK inflation figures.
IMF cuts global growth forecasts and warns of multiple economic threats
The International Monetary Fund has cut its forecast for global growth in 2016 to 3. 2% from the 3. 4% it expected in January, with all advanced economies revised downwards.