Market Pulse
NHS hospital to treat patients with Google AI technology
The National Health Service has partnered with US tech giant Google to begin using artificial intelligence to treat patients at a hospital in London.
LondonMetric buys warehouses for £18m
LondonMetric Property has bought two warehouses in Hull and Dartford for £18m and have been let to DIY stores, Wickes and B&Q.
US close: Dow ends above 19,000 for the first time
US stocks ended in the black on Tuesday, with the Dow Jones closing above 19,000 for the first time ever, although oil prices retreated amid concerns that Iran and Iraq are not prepared to agree on a production cut at next week’s OPEC meeting.
Public sector borrowing falls more than expected in October
UK public sector net borrowing improved more than expected in October, as the economy´s resilience fed strong tax receipts, but economists cautioned that tough decisions lay ahead for the country.
Wednesday preview: Autumn Statement ahead
All eyes would be on Chancellor Philip Hammond when he delivered the Autumn Statement on Wednesday despite a significant increase in the news-flow on both the economic and corporate fronts.
FX roundup: Sterling hits wall-of-red ahead of Hammond's Autumn Statement soapbox
Sterling hit a wall-of-red performance on most major crosses on Tuesday afternoon, ahead of Wednesday's Autumn Statement by UK's Chancellor of the Exchequer, Philip Hammond.
Europe close: Basic resources drive gains, banks higher
European equity markets rose, boosted by rising metals prices while government bond yields continued to drift lower ahead of the Thanksgiving Day holiday in the States.
OPEC postpones decision on Iran, Iraq output cuts until 30 November
A technical meeting of OPEC delegates decided to defer a decision regarding output cuts for Iran and Iraq until the cartel´s next ordinary meeting scheduled for 30 November, in Vienna, Bloomberg reported.
Commodities: Crude softens as market cautious on OPEC cap hopes; industrial metals surge
Crude oil futures are softening on Tuesday afternoon as a note of caution sounded through the market relating to hopes cartel OPEC will introduce a production cap at its 30 November meeting in Vienna. Industrial metals flew higher.
Shire to build innovation hub in Massachusetts
Irish pharmaceutical company Shire announced that it will expand its operations in Cambridge, Massachusetts through the establishment of an innovation hub to study rare diseases.
WTI futures reverse course after Bloomberg report
Oil futures retreated in late afternoon trading following a report from Bloomberg, referencing 'sources', which indicated that Iran, Iraq and Indonesia had reservations regarding a proposed 4. 5% production cut for all members - except only Libya and Nigeria.
US open: Stocks climb as investors anticipate oil production cut
US stocks climbed on Tuesday with the Dow Jones Industrials topping the 19,000 point mark for the first time ever, while oil prices rallied ahead of a widely-anticipated suply cut from several of the world´s main producers.
FTSE 250 movers: Up day for midcaps led by Rotork, BGEO and Mitie
The FTSE 250 index joined the rest of the markets in an up-day on Tuesday, rising 0. 93% to just shy of 17,700 by late afternoon led by rises in Rotork, BGEO and Mitie.
Trump reschedules NY Times meeting after cancelling amid Twitter spat
US president-elect Donald Trump has bizarrely rescheduled a meeting with The New York Times just hours after cancelling the original meeting with the newspaper due to changes in "terms and conditions".
Dr Pepper Snapple acquires drinks company Bai Brands for $1.7bn
Dr Pepper Snapple Group has swooped in to purchase beverage maker Bai Brands for $1. 7bn, as it and its rivals make tracks to incorporate healthier products.
Sector movers: Steel-makers and miners pace gains
Renewed gains in the of bulk metals pushed Steel and Mining stocks higher for a second day.
Director dealings: Mitie CEO-elect Bentley spends £3.6m on shares
New Mitie boss Phil Bentley, who takes over from Ruby McGregor-Smith next month, splashed the cash to lift the embattled facilities management group's shares sharply on Tuesday.
Results round-up
Half year reported pre-tax profits at Babcockjumped 12% to £163. 5m on revenues up 7% to £2. 1bn and said it expected full year numbers to be in line with expectations.
General Motors granted permission to delay recall of faulty airbags
US car-maker General Motors has been spared a huge potential loss after regulators decided it would not have to recall a high number of air bags, which were originally reported to have been defective.
Eurozone consumer spirits brighter in November on hopes for fiscal spending
Eurozone consumer sentiment perked up in November, rising to its highest level since December 2015, possibly on the back of expectations that governments in the single currency bloc might be set to loosen the purse strings.