Full List Of Stories
London close: Tobacco makers lead stocks lower on US regulatory fears
London stocks were well below the waterline at the close on Tuesday, dragged down by heavy losses in tobacco makers' shares following a Wall Street Journal report that the US administration was mulling capping the level of nicotine in cigarettes.
MaxCyte reports good performance despite Covid challenges
Cell engineering technology company MaxCyte reported a 21% year-on-year improvement in revenues in its final results on Tuesday, to $26. 2m (£18. 74m), despite the challenges of the Covid-19 pandemic.
Avacta reports positive data for Covid-19 test product
Diagnostics and cancer therapies developer Avacta announced positive data from the clinical validation of its ‘AffiDX’ SARS-CoV-2 antigen lateral flow test on Tuesday.
Renalytix AI upbeat on new study findings
Renalytix AI announced the findings of a new study in which the commercially-available ‘KidneyIntelX’ test accurately predicted the progression of diabetic kidney disease (DKD) in a multinational cohort from the CANagliflozin CardioVAScular Assessment Study (CANVAS), with early-stage DKD.
Asia report: Markets mixed as China stands pat on interest rates
Markets were mixed in Asia on Tuesday, as investors digested the latest interest rates decision out of China.
Advanced Medical Solutions gets CE-mark for Seal-G MIST
Surgical and advanced wound care-focussed Advanced Medical Solutions has received CE-mark approval for its laparoscopic gastrointestinal sealant device ‘Seal-G MIST’, it announced on Tuesday.
Focusrite launches new commercial audio brand
Music and audio technology company Focusrite announced the launch of a new brand ‘Optimal Audio’ on Tuesday, to operate in the commercial audio market.
Restore acquires Essex-based 1 Big Data
Information and data management company Restore has acquired records management provider Big Data Management, it announced on Tuesday, which trades as ‘1 Big Data’ and is based in Tilbury, Essex.
Breedon describes 'encouraging' trading in first three months
Construction materials company Breedon said on Tuesday that trading in the first three months of the year was “encouraging”, adding that it was starting to see the typical seasonal pick-up in activity towards the end of the quarter.
Sequoia Economic Infrastructure announces quarterly dividend
Sequoia Economic Infrastructure Income Fund’s board declared an interim dividend of 1. 5625p per share on Tuesday.
Petropavlovsk gold production falls in first quarter
Russia-focussed precious metals miner Petropavlovsk reported total first quarter gold production of 95,600 ounces on Tuesday, making for a decrease of 49% over the same period a year earlier.
IntegraFin reports new record quarter for inflows
IntegraFin said on Tuesday that funds under direction for its ‘Transact’ platform totalled £46. 93bn at the end of the March quarter.
Avast sees decent organic growth in first quarter
Avast reported a 10. 4% organic rise in revenue year-on-year in its first quarter on Tuesday, to $237. 1m (£169. 35m), with growth coming in at 10. 5% at actual rates.
Rio Tinto maintains production guidance after mixed first quarter
Rio Tinto reported a 7% improvement in Pilbara iron ore shipments year-on-year in the first quarter on Tuesday, to 77. 8 million tonnes on a 100% basis.
Tuesday newspaper round-up: Arm, Nvidia, Air France-KLM, 'Britcoin', Tesco
Ministers have ordered a formal investigation into the proposed $40 billion takeover of Arm by America’s Nvidia, citing concerns the deal could diminish Britain’s national security. Oliver Dowden, the culture secretary, has told the competition watchdog to begin a “phase one” investigation of the acquisition of the microchip designer, which is considered the most successful technology to have emerged from the UK in recent decades. - The Times.
AB Foods reinstates dividend, Avast reports solid Q1 growth
London open The FTSE 100 is expected to open six points lower on Tuesday, having closed down 0. 28% on Monday at 7,000. 08.