Market Pulse
Buffett refutes Trump tax claims with release of annual returns
US investment legend Warren Buffett has released his tax returns in response to claims from Republican presidential candidate Donald Trump that he had avoided paying federal income tax.
Putin cancels France trip after Syria row
Russian president Vladimir Putin has called off a meeting with French president Francois Hollande later this month as the fall-out from the Syrian conflict rumbles on.
London midday: FTSE 100 sets fresh intraday record
Stocks were up around record levels by midday on Tuesday, with retailers putting in the best performance, amid profit-taking in oil and a weaker pound.
Fiat Chrysler avoids Canadian workers strike with tentative deal
Fiat Chrysler Automobiles production in Canada remains uninterrupted as the automaker reached an agreement with workers union Unifor late on Monday night.
'Hard Brexit' could cost Treasury £66bn a year in lost revenue
A ‘hard Brexit’ could cost the Treasury up to £66bn a year in revenue from tax, according to leaked documents.
Europe midday: Stocks waver as oil retreats; luxury stocks lifted by LVMH
European stocks wavered on Tuesday as oil prices slipped back, but strength in luxury issues and an encouraging reading on German economic confidence lent some support.
US pre-open: Stocks to nudge lower as investors eye Alcoa earnings
US futures pointed to a slightly lower open on Wall Street as investors awaited the latest earnings from aluminium giant Alcoa before the opening bell and as oil prices slipped back.
Samsung to end production of Galaxy Note 7 smartphone
Electronics giant Samsung has said it will permanently halt production and sales of its Galaxy Note 7 smartphone, after a plethora of issues surrounding the device's battery.
Asia report: Markets mixed as Samsung begins serious damage control
Markets in Asia finished mixed on Thursday, with traders focusing on oil prices, as well as the news that Samsung Electronics was set to halt all production of its Galaxy Note 7 smartphone after more fire concerns.
Jupiter Fund boosted by Barclays upgrade
Jupiter Fund Management got a boost on Tuesday as Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ and lifted the price target to 525p from 420p to reflect a sector re-rating and earnings per share upgrades.
German investor confidence strengthens, ZEW survey says
German economic confidence has picked surprisingly strongly this month, with the ZEW investor sentiment survey recording its highest reading in four months.
Canaccord starts McCarthy & Stone at 'buy'
Canaccord Genuity initiated coverage of McCarthy & Stone at ‘buy’ with a 185p price target, noting it is the dominant market leader with a strong brand in the private retirement housing market.
Haydale completes fundraising with oversubscribed open offer
Haydale Graphene Industries announced on Tuesday that it has raised gross proceeds of £0. 5m in the open offer announced on 23 September, which was heavily oversubscribed.
1Spatial enters reseller agreement with mapping firm HERE
Global spatial software, service and data quality company 1Spatial announced on Tuesday that it has entered into a reseller distribution agreement with navigation, mapping and location experiences provider HERE.
Volution revenue and earnings surge in final results
Residential and commercial construction ventilation company Volution posted its audited results for the year to 31 July on Tuesday, with revenue up 18. 7% to £154. 5m, or 18. 6% at constant currencies.
UK tourism spikes as £2.5bn spent in July due to weak pound
As the pound tumbled in the wake of the EU referendum, tourism soared in Britain as July logged its biggest month for visitors, according to the VisitBritain tourism agency.
Ted Baker posts rise in H1 profit, lifts dividend
Fashion retailer Ted Baker reported a jump in interim profit as revenue grew and the company lifted its dividend following a good performance across all channels, despite challenging trading conditions.
Base Resources resource at Kwale sees small increase
Base Resources updated the market on its mineral resources and ore reserves at the 100% owned-and-operated Kwale operation on Tuesday, for the year to 30 June.
Sky invests $2m in consumer electronics start-up Caavo
Sky has invested $2m in US-based consumer electronics start-up Caavo.
UBS downgrades BHP and South32, ups Anglo
UBS downgraded BHP Billiton to ‘neutral’ from ‘buy’ as it took a look at the mining sector, lifting the price target to 1,300p from 1,200p, saying the risk/reward was now balanced after a strong recovery in the share price.