Market Pulse
Sky's Love Productions rejects BBC to sell 'Bake Off' to Channel 4
Love Productions, a television producer 70%-owned by Sky, has secured a much improved rights deal for its hugely successful The Great British Bake Off programme with Channel 4 after negotiations broke down with the BBC.
Parliamentary consent needed to trigger Article 50, says HoL
The government should not trigger Article 50 without consent from Parliament as it would be “constitutionally inappropriate”, according to the House of Lords Constitution Committee in a report.
US open: Stocks drop as oil prices fall on supply glut worries
US stocks were in the red on Tuesday as oil prices fell and as investors continued to digest dovish comments by Federal Reserve governor Lael Brainard.
Results round-up
Sports, fashion and outdoor brand retailer JD Sports Fashion posted its interim results for the 26 weeks to 30 July on Tuesday, with revenue up 20% to £970. 57m compared to the first half of last year.
Flowtech Fluidpower boosts revenue and earnings in first half
Flowtech Fluidpower posted its half year report on Tuesday, with group total revenue up 28% at £27. 39m.
Escher Group posts rise in first-half profit
Escher Group posted a rise in interim profit for the six months to the end of June.
Oakley Capital says Inspired completed three acquisitions
Private equity investor Oakley Capital Investments said on Tuesday that Inspired, a premium schools organisation in which it has an interest through its shareholding in Educas, has completed the acquisitions of three schools.
Enterprise Products files lawsuit against Amec Foster Wheeler
Amec Foster Wheeler said on Tuesday that Enterprise Products has filed a lawsuit in the Harris County Court, Texas alleging that it is responsible for cost overruns and delays on Enterprise's propane dehydrogenation (PDH) unit in Mont Belvieu.
Keywords Studios' revenue increases due to acquisitions
Video game technical service provider Keywords Studios’ revenue increased due to several acquisitions during the first half of the year.
Plastic fantastic: BoE launches the New Fiver
Six years in the making, the first polymer plastic banknote was put into circulation on Tuesday by the Bank of England, featuring Sir Winston Churchill.
Jeff Bezos' Blue Origin reveals first orbital rocket
Amazon founder Jeff Bezos has announced plans for his Blue Origin company to design and build a giant orbital rocket, which will be able to transport people and satellites into space.
Oxford Instruments' sales and profits hit by superconductor weakness
Underlying basis revenues and profits at Oxford Instruments in the first five months of the year have been "slightly below" the same period last year.
SafeCharge interim profit up but H2 growth seen more moderate
Payment technology provider SafeCharge reported an increase in interim profit but said growth in the second half was likely to be more moderate than the first.
LXB Retail Properties sells part of Ayr investment
Jersey-resident closed-ended real estate investment company LXB Retail Properties reported on Tuesday that it has concluded an agreement to dispose of part of its property interests in the Ayr scheme for total consideration of £5. 0m.
Diamondcorp reschedules sale to 17 September, pre-tax loss narrows
Diamondcorp reduced the size of a scheduled sale of its diamonds due to operational setbacks as it moved to ramp-up production at its main asset, the Lace mine in South Africa, even as it managed to stem the red ink.
Pantheon Resources begins drilling at third east Texas well
Explorer Pantheon Resources has begun to drill on a third well at its rig in east Texas and expects significant oil and gas.
Hilton Foods' sizzling interims lift shares to all-time high
Shares in Hilton Foods reach an all-time high as the retail meat packing business posted strong half-year sales and profits growth on Tuesday.
Europe midday: Stocks edge higher as US rate hike expectations are scaled back
European stocks edged higher on Tuesday, recovering from the previous session’s losses as investors digested dovish comments from Federal Reserve governor Lael Brainard.
London midday: Stocks gain as Fed seems less likely to hike interest rates
The FTSE gained on Tuesday as investors evaluated UK inflation data and a key speech by Federal Reserve governor Lael Brainard.
Metminco narrows loss as it progresses projects
Metminco posted its report for the half year to 30 June on Tuesday, with a loss before tax of $1. 13m, narrowing from the $1. 93m loss a year ago.