Market Pulse
Sports Direct in talks to buy US rival's stores
Sports Direct International and US retail peer Modell’s Sporting Goods have begun joint talks about potentially buying several hundred stores from bankrupt rival Sports Authority, according to reports.
Just Eat delivers Paul Harrison as new finance chief
Takeaway food digital marketplace Just Eat announced on Tuesday that it has appointed Paul Harrison as chief financial officer and as an executive director, replacing Mike Wroe on 28 September.
London pre-open: Stocks seen lower after Monday's gains
London stocks were seen opening lower following the strong session on Monday, when sentiment was underpinned by polls suggesting a swing in favour of the Remain campaign.
Whitbread starts solidly as Costa steams back but Premier plods
Whitbread served up a slight improvement in sales in the first quarter of the year as its Costa coffee shops bounced back from a slowdown in the preceding few months but the hotels market has been surprisingly soft.
Tuesday newspaper round-up: Soros, Brexit, ECB, disposable income
The world’s most famous currency speculator has warned that a vote on Thursday for Britain to leave the EU would trigger a bigger and more damaging fall for sterling than the day he forced Britain out of the Exchange Rate Mechanism almost a quarter of a century ago. George Soros, writing in the Guardian, said a Brexit vote would spark a ‘black Friday’ for the UK, but the devaluation of sterling would bring none of the benefits to the economy that it enjoyed after it dropped out of the ERM on 16 September 1992 – Black Wednesday.