Market Pulse
London midday: Stocks turn lower as investors mull jobs data, eye inflation readings
London stocks had turned negative by midday on Tuesday as investors mulled the latest jobs data and looked ahead to key UK and US inflation figures this week.
Corero Network Security strikes 'significant partnership' with stc Bahrain
DDoS protection specialists Corero Network Security has struck "a significant partnership" with stc Bahrain, a market leader in the Middle Eastern nation's telecommunications sector.
Gem Diamonds reports solid solid first-half recovery, sales figures
Gem Diamonds reported solid operational and sales results for the first half on Tuesday, with growth in both carat sales and revenue.
Witan reports solid first-half return ahead of proposed Alliance merger
Witan Investment Trust reported a strong first-half financial performance on Tuesday, with a significant increase in net asset value alongside its proposed strategic combination with Alliance Trust.
Syncona confident in portfolio despite fall in NAV
Life science investor Syncona reported significant developments in its portfolio during its first quarter on Tuesday, despite a slight decline in net assets.
Kenmare promotes Tom Hickey to managing director
Titanium and zircon producer Kenmare Resources announced the appointment of Tom Hickey as its new managing director on Tuesday, effective from 15 August.
German business sentiment deteriorates sharply in August - ZEW
German business sentiment deteriorated sharply in August, according to a survey released on Tuesday.
PPHE gets planning approval for Lambeth North hotel project
PPHE Hotel Group announced the receipt of planning approval for a new mixed-use hotel-led development on London’s South Bank on Tuesday.
Safestay acquires leasehold property in Budapest
Hostel operator Safestay announced the strategic acquisition of a leasehold property in Budapest on Tuesday, as part of its continued expansion into key European cities.
Ethernity secures $200k product enhancement order
Data processing semiconductor technology business Ethernity Networks has secured a $200,000 product enhancement order from a leading US-based broadband systems provider.
Scotland-Yorkshire power link completes fast-track funding process
The Eastern Green Link 2 (EGL2), a major electricity transmission project connecting Scotland and Yorkshire, has become the first to complete Ofgem’s fast-tracked funding process under the Accelerated Strategic Transmission Investment (ASTI) framework.
Asia report: Japan returns from holiday to lead regional gains
Asia-Pacific markets saw broad gains on Tuesday, with Japan's stocks leading the way.
Citi issues ‘positive short-term view’ on Admiral
Citi said on Tuesday that it had issued a "positive short-term view" on Admiral ahead of its first-half results on 15 August.
Keywords Studios acquires Liverpool-based game development studio
Video game industry services business Keywords Studios has acquired Wushu Studios, a leading game development studio headquartered in Liverpool.
Berenberg raises target price on Hikma Pharmaceuticals following H1 results
Analysts at Berenberg raised their target price on Hikma Pharmaceuticals from 2,000. 0p to 2,100. 0p on Tuesday following an "impressive" H1 performance.
Dowlais forecasts revenue decline, considers sale of Powder Metallurgy
Dowlais said on Tuesday that it was considering a potential sale of its Powder Metallurgy business and that it now expects a decline in full-year revenue.
Telecom Plus reports continued strong performance
Telecom Plus reported sustained strong performance for the current financial year in an update on Tuesday, having highlighted robust growth in its annual results in June.
Genuit pre-tax profits profits sink in H1
Plastic piping systems manufacturer Genuit said on Tuesday that pre-tax profits had almost halved in the first six months of the year as a result of reduced turnover throughout the period.
UK unemployment rate falls unexpectedly, wage growth slows
The UK unemployment rate fell unexpectedly in June, according to figures on Tuesday by the Office for National Statistics.
London open: Stocks rise as investors digest jobs data
London stocks rose in early trade on Tuesday as investors mulled the latest UK jobs data.