Market Pulse
US close: Dovish Brainard gives markets a green hue
US stocks finished in the green on Monday, as heated expectations the Federal Reserve will raise interest rates at its September policy meeting were given some relief.
Risks to economy from unexpected weakness greatest, Fed's Brainard says
Risks to the economy from unexpected weakness in demand were greater than those from unexpected strength, a top US central bank official said.
Manchester United becomes first UK football club to break £500m annual revenue
Premier League club Manchester United released its 2016 financial results on Monday, becoming the first club from the UK to make over £500m in revenue.
Director dealing: ITV's Crozier and finance chief take profits
ITV's chief executive and finance director have sold around £2m of shares in the broadcaster.
Brady's revenue rises despite difficult commodity market conditions
Trading and risk management provider for metals, recycling, energy and soft commodities Brady reported a rise in revenues despite difficult market conditions.
Christie Group swings to first-half loss
Business services and systems provider Christie Group announced its interim results for the six months ended 30 June on Monday, with revenue for the first half marginally lower than prior year at £31. 6m, from £31. 7m.
RBS may need to top-up litigation provisions
RBS might require additional provisions in future periods in respect of litigation claims, which in aggregate "could be material", the lender said at a Barclays conference in New York.
Lloyds executives depart as chief wields axe
Two executives left Lloyds Banking Group as chief executive Antonio Horta-Osorio looks to reshape the government-backed bank.
Results round-up
Property development fund John Laing Infrastructure expects to see a slowdown in market activity due to the Brexit vote, though the company reported a rise in half-year profits due to international expansion and project divestments.
Cairn India shareholders approve Vedanta merger
Cairn India’s shareholders have approved the group’s merger with parent company Vedanta.
FTSE 100 movers: Rate fears weigh on banks
UK blue chips were mostly in the red on Monday as investors got in a tizzy as they feared various economic and political possibilities across the Atlantic at the end of last week, sending London-listed financial stocks lower in particular.
JD Wetherspoon offers staff chance to move away from zero-hour contracts
JD Wetherspoon is the latest company to offer staff on casual contracts the chance to become permanent employees after pressure from Trade Union Congress (TUC).
New 'Hopper' fares for London buses and trams
The Mayor of London has launched a new scheme allowing passengers to make a second bus or tram journey for free within an hour of their first.
Bellzone Mining loss widens as development continues
Bellzone Mining announced its unaudited interim results for the six months to 30 June on Monday, with revenue remaining at zero and losses widening to $3. 58m, from $3. 69m a year ago.
Potash and Agrium agree merger to create fertiliser company with $20.6bn yearly revenue
Canadian fertiliser producers Agrium and Potash have said that the two companies will merge to create a crop company worth around $20. 6bn in annual revenue.
Mytrah Energy swings to profit in H1 as revenue rises
Indian wind and solar provider Mytrah Energy swung to a first half profit and said it anticipates meeting full year expectations due to growth in its operating capacity.
GSK submits European application for potential arthritis blockbuster
GlaxoSmithKline has applied to the European drug regulator to approve its rheumatoid arthritis treatment, sirukumab, which some analysts predict could generate at least £1bn a year within five years.
US open: Stocks slide on rising rate hike expectations
US stocks fell on Tuesday amid rising expectations the Federal Reserve will raise interest rates at its September policy meeting.
Reach4Entertainment posts jump in interim profit but flags more challenging H2
Media and entertainment company Reach4Entertainment reported an increase in first-half profit as it sounded an upbeat note on its prospects for the year, despite highlighting a more challenging second half.
Murgitroyd posts rise in FY profit and revenue on good US performance
Patent attorney firm Murgitroyd reported an increase in full-year pre-tax profit as revenue grew and the dividend was lifted following an encouraging performance in the US.