Market Pulse
W7 owner Warpaint hails another record first half
Cosmetics company Warpaint posted a jump in first-half sales and profit on Tuesday, with a record level of sales delivered at a significantly higher margin.
London open: Stocks rally ahead of Fed meeting; Kingfisher surges
London stocks rallied in early trade on Tuesday following a flat close in the previous session, as investors eyed the start of the Federal Reserve’s two-day policy meeting and an expected rate cut.
BAT makes leadership changes as part of 'tobacco harm reduction' focus
British American Tobacco (BAT) announced a number of leadership changes on Tuesday, aimed at accelerating its strategy to build a smokeless future and enhance sustainability.
Revenue rises but losses widen for Comptoir Group
Comptoir Group, the owner and operator of Lebanese, Middle Eastern, and North African-inspired restaurants, reported a 7. 4% increase in group revenue in its interim results on Tuesday, reaching £15. 9m, compared to £14. 8m in the same period last year.
Playtech to sell Italian business to Flutter for €2.3bn
Gambling technology firm Playtech said on Tuesday that it has agreed to sell its Italian business, Snaitech, to Paddy Power owner Flutter Entertainment for €2. 3bn in cash.
London pre-open: Stocks to rally ahead of Fed meeting
London stocks were set to jump at the open on Tuesday following a flat close in the previous session, as investors eyed the start of the Federal Reserve’s two-day policy meeting.
Tuesday newspaper round-up: Airbus, Boden, Amazon
Alison Rose, the former chief executive of NatWest, has taken a job as an adviser to one of the UK’s top law firms as she tries to return to the City after a career-damaging row with Nigel Farage last year. Rose is joining Mishcon de Reya as a diversity and inclusion adviser, a role that will involve mentoring some of the firm’s partners. She will also work closely with the equity, diversity and inclusion committee at the firm, which is known for having represented Diana, Princess of Wales during her divorce.