Full List Of Stories
London close: Stocks finish firmer as investors cheer stimulus
London stocks finished well into the green Tuesday, extending gains even after the release of dismal UK data, with sentiment underpinned by the Federal Reserve’s latest stimulus package.
OptiBiotix expands distribution deal with Extensor
Life sciences business OptiBiotix Health has extended the territories of its original distribution agreements with Extensor Robert Buczek to distribute its own-label ‘GoFigure’ consumer weight management products in Ukraine, Estonia, Lithuania, Latvia, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan, Armenia, Azerbaijan, Georgia, Belarus, Moldova and Russia, it announced on Tuesday.
HydroDec facility still operating as Ohio locks down
Oil re-refining company HydroDec Group told shareholders on Tuesday that, following a legal ‘stay at home’ order issued in the state of Ohio, its facility in was still operating as it was currently considered to be covered by the exclusions defined by ‘essential infrastructure’ under the terms of the state government’s order.
Abbey cancels dividend as Covid has 'significant' impact
Abbey updated the market on recent developments amid the Covid-19 coronavirus pandemic on Tuesday, and the impact it was having on is business.
Pittards earnings improve as it delays dividend decision
Leather and luxury good manufacturer Pittards reported revenue of £22. 3m in its final results on Tuesday, down from £28. 5m year-on-year.
IQE confident in position after 'challenging' year
Advanced wafer and semiconductor materials company IQE reported revenue of £140m for 2019 in a trading update on Tuesday, down from £156. 3m year-on-year but in line with its November guidance.
Augmentum Fintech talks up portfolio strength amid pandemic
Publicly-listed venture capital fund Augmentum Fintech updated the market on the current impact of the Covid-19 coronavirus pandemic on its business on Tuesday, outlining the measures it was taking to manage the fund in the current environment.
Coronavirus to delay Crossrail even further
The already-tardy Elizabeth line project in London suffered a further delay on Tuesday, as Transport for London confirmed that all work on the Crossrail project would be stopped for the foreseeable future as a result of the Covid-19 coronavirus pandemic.
Tasty closes all takeaway and delivery services
Casual dining operator Tasty confirmed on Tuesday that it would cease offering all takeaway and delivery services across all of its restaurants.
Results, guidance and dividend all suspended by Secure Trust Bank
Secure Trust Bank announced on Tuesday that the publication of its full-year results for 2019 would be delayed beyond 26 March, which is when they had initially been expected.
Aeorema confident as it buys boutique events firm Eventful
Events agency Aeorema Communications announced the acquisition of boutique events and incentive travel company Eventful on Tuesday, for a total consideration of up to £0. 48m to be satisfied in cash and ordinary shares .
Gateley Holdings cancels dividend, suspends guidance
Legal and professional services provider Gateley Holdings updated shareholders on its current and future trading, and the impact of the Covid-19 coronavirus pandemic on Tuesday.
Asia report: Markets rise as more stimulus packages roll in
Markets in Asia finished higher on Tuesday, led by gains in South Korea and Japan, as investors continued to watch stimulus packages roll in around the world as the Covid-19 coronavirus pandemic grew.
Dunelm cancels interim divi, draws down revolving credit facility
Dunelm Group updated the market in light of “rapidly changing developments” around the Covid-19 coronabirus pandemic on Tuesday, saying it had been working closely with its staff to assess the risks that they and its customers were facing from the outbreak across its business.
Rio Tinto to curtail some operations, JD Sports pulls guidance
London open The FTSE 100 is expected to open 226 points higher on Tuesday, having closed down 3. 79% at 4,993. 89 on Monday.
US close: Stocks sink as investors hold breath for stimulus
Shares on Wall Street finished in the red after a turbulent session on Monday, even after the US central bank announced its plans for open-ended asset purchases, as traders expressed their disappointment that a proposed $1. 6trn government spending package had failed to pass muster overnight in the Senate.