Market Report
Asia report: Investors await China-US trade news as Aussie banks rocket
Asian markets were mixed on Tuesday as some investors awaited Donald Trump's State of the Union address and any hints it might hold to the progress of trade talks with China, while indexes down-under were buoyed as Australian banks enjoyed a lucky escape from increased regulation.
Almost two-thirds of Brits would switch energy provider if new price cap limit increases bill
A new survey has revealed that as much as 65% of Brits would switch the heir household energy provider if Ofgem's new price cap limit increases their bill.
Euro area retail sales fall in December, but higher for Q4
Retail sales in the single currency bloc fell back at the end of 2018, with those for textiles and via mail orders or the internet sporting the biggest declines, but economists pointed out how sales in fact rose in quarterly terms.
Northbridge revenues improve across core activities
Industrial services and rental company Northbridge saw its trading performance continue to improve in the past year and now expects its full-year results to be in line with management expectations.
London midday: Stocks extend gains as pound slips on services data; BP shines
London stocks had extended gains by midday on Tuesday as sterling ticked lower on the back of weak services sector data, with BP racing ahead after well-received results.
US pre-open: Stocks to edge higher ahead of more earnings, Trump speech
US stocks looked set for a slightly firmer open on Tuesday as investors eyed President Trump's State of the Union address and sifted through more earnings news.
UN warns US-China tariff hikes risk global 'economic downturn'
A study from the United Nations revealed on Monday that if the US and China go ahead with their plans to hike tariffs in March, the global economy could suffer a downturn.
Earthport grows revenues in core payments business
Cross border payments network Earthport saw revenues move ahead in the first half of its trading year after selectively increasing the customer base of its core payment business.
Numis transactions fall 25% in first four months of year
Trading at City broker Numis has completed around a quarter fewer deals in the past four months compared to the same period a year ago, after the material stock index declines and amid the uncertain domestic political situation.
Clinigen appoints Nick Keher as new CFO
AIM-listed pharmaceutical and services company Clinigen Group has appointed Nick Keher as its new chief financial officer with effect from 19 March.
Interim profit and revenue rise at Mattioli Woods
Wealth manager Mattioli Woods posted a rise in interim profit and revenue on Tuesday as it said its profit outlook for the year remains in line with management's expectations.
Safestay revenues boosted by new sites on the Continent
Hostel operator Safestay saw revenues and earnings move ahead in its last trading year, driven in part by the addition of new sites in Barcelona, Brussels and Vienna.
Europe open: Stocks gain, despite woes in chip space
European stocks are moving higher, despite a spate of warnings out of the chip sector, tracking the fresh gains made overnight on Wall Street and helped by slightly better-than-expected data on the Continent.
Carpetright Q3 in line, CFO to retire
Flooring retailer Carpetright said on Tuesday that third-quarter trading was in line with expectations as it announced the departure of chief financial officer Neil Page after more than 10 years in the role.
UK services sector growth grinds to a halt in January
UK services sector growth nearly ground to a halt at the start of 2019 amid the first decline in incoming new work since July 2016, in the immediate aftermath of the Brexit vote, the results of the most widely-followed survey for the sector revealed.
Chamberlin losses double amidst 'toughened' trading conditions
Castings and engineering firm Chamberlin warned investors on Tuesday that toughened market conditions had offset much of the benefits from the disposal of Exidor in its last trading year.
London open: BP paces the gains on solid results as investors eye services PMI
London stocks rose in early trade on Tuesday, with BP pacing the advance after a solid set of results, as investors eyed the latest reading on the UK services sector.
Regulator grants Astra Zeneca's MEDI8897 PRIME status
European regulators have approved the inclusion of AstraZeneca's treatment for respiratory syncytial virus, a common lung ailment in children, in its accelerated approval programme for "promising" medicines.
UK retail sales pick up in January - BRC
UK retail sales picked up in January as shoppers were lured in by discounts following the worst December trading performance in a decade, according to the latest BRC-KPMG retail sales monitor figures.
BP's strong quarter, Ocado loss grows
London open The FTSE 100 is expected to climb 28 points on Tuesday after finishing at 7,034. 13 the day before.