Market Pulse
Food price decline continues in boost to shoppers, says BRN-Nielsen index
Shop prices continued to fall in June as food prices sank further in a boost to consumers, according to the BRC-Nielsen shop price index.
US close: Stocks end lower as Brexit concerns mount
US stocks finished in the red on Tuesday as investors returned from the long holiday weekend and as concerns about the impact of Brexit mounted.
Waitrose to sell own brand products worldwide to boost sales
Upmarket supermarket Waitrose announced they will be selling its own brand products through an expat website worldwide.
FX Round-up: Sterling endures torrid time after dovish Carney
Sterling endured a torrid time against the dollar, yen and euro today after Bank of England governor Mark Carney stuck a dovish tone in the central bank's financial stability report (FSR).
London close: FTSE ends higher as BoE takes action on Brexit
The FTSE 100 closed higher on Tuesday after the Bank of England eased rules for banks to encourage continued lending in the wake of Brexit.
San Francisco Fed chief: Brexit is not a big deal for the US
Respected economist and current president of the San Francisco Federal Reserve, John Williams, has played down the impact of Britain's decision to leave the European Union on the United States' economy, in an interview with Marketwatch.
Europe close: Most markets lower as Brexit fears resurface
European stocks fell on Tuesday as Brexit fallout reared its ugly head again, as investors digested the release of the Bank of England’s Financial Stability Report.
Sainsbury's to go ahead with Home Retail deal despite Brexit
Sainsbury’s will press ahead with its proposed acquisition of Argos’ owner Home Retail despite economic uncertainty surrounding Brexit.
Sector movers: Defensives continue to lead, housebuilders crumble again
Defensive stocks again topped the leaderboards as investors continue their flight to safety in light of the heightened uncertainty born of the Brexit vote.
Yahoo investors could be put off by low bids
Potential offers for technology company Yahoo are reportedly due on Wednesday, but investors might be put off by the so-far low bids for the company.
Director dealings: Limerick doubles stake in Roxi Petroleum
Roxi Petroleum director Edmund Limerick has doubled his stake in the Central Asian oil and gas company as it battles to advance several wells towards production.
IAG traffic up 13.6% in June
British Airways and Iberia parent International Consolidated Airlines said group traffic, as measured in revenue passenger kilometres, rose 13. 6% in June from last year.
Commodities: gold and silver rise as safe-haven queue grows
Commodity prices were mostly lower on Tuesday afternoon, notably barring gold and silver as traders queued towards safe-haven assets following the Brexit vote.
CMA orders DX to halt combination with Legal Post and First Post
DX Group found itself on the receiving end of an order from the Competition and Markets Authority order on Tuesday, as the authority said it has reason to believe its acquisition of Legal Post and First Post in May could be hindering competition.
US open: Stocks fall as Brexit worries weigh on sentiment
US stocks opened lower on Tuesday as investors returned from the long holiday weekend and as concerns about the impact of Brexit resurfaced.
Forterra considers mothballing two plants due to 'economic uncertainty'
Producer of manufactured masonry products Forterra said profit was in line with expectations but is considering mothballing two plants due to current economic uncertainty.
Huawei apologises after misleading advertisement
One of the world’s largest smartphone makers, Huawei, has been forced to take down an advertisement for its flagship P9 smartphone after it was discovered to be misleading.
Samsung expected to report biggest profit in two years
Smartphone and flatscreen giant Samsung Electronics Co is set to issue guidance for its best quarterly profit in two years on Thursday, when it releases estimates for its second-quarter earnings.
Johnson Service's full-year results to be ahead of expectations
Johnson Service Group said on Tuesday that its full-year 2016 results are set to be slightly ahead of expectations.
Advanced Medical Solutions could benefit from weak pound due to Brexit
Advanced Medical Solutions (AMS), a surgical and wound care product manufacturer, said on Tuesday trading is in line with expectations as it could benefit from a weak sterling due to Brexit.