Full List Of Stories
FTSE 100 movers: Old Mutual rallies on sale; BHP retreats
London's FTSE 100 was up 0. 1% at 7,545. 18 in afternoon trade on Tuesday as volumes began to dwindle in the run-up to Christmas, although the mood was fairly upbeat amid optimism over the US tax reform bill.
Ryanair confirms it will recognise pilot unions
Following its announcement last week, budget airline Ryanair confirmed on Tuesday that it will recognise pilot unions for the first time in its history and that it will meet with cabin crew unions, as it looks to avert a strike in the run-up to Christmas.
Shire Hunter syndrome drug fails to meet primary and secondary endpoints
Shire said on Tuesday that clinical trials for a drug to treat Hunter syndrome in children, SHP609, failed to meet their primary and secondary endpoints.
Redhall's Jordan Manufacturing wins nuclear contract
AIM-listed manufacturing and services group Redhall said on Tuesday that its Jordan Manufacturing business has secured a key role in support of Cavendish Nuclear, a subsidiary of Babcock International.
US pre-open: Stocks to nudge up amid tax reform optimism
US futures pointed to a mostly positive session on Wall Street on Tuesday as investors grew increasingly hopeful that the US tax reform bill will be passed in the coming days.
London midday: FTSE holds head above water; US tax reform bill in focus
London stocks were just about holding their head above water by midday on Tuesday, with optimism over the US tax reform bill failing to provide much of a boost as investors began to wind down for Christmas.
Escher Group secures new $8m revolving credit facility
AIM-listed Escher Group, which provides outsourced, point of service software for use in the postal, retail and financial industries, has secured a new $8m revolving credit facility from Bank of Ireland Corporate Banking.
Hikma Pharmaceuticals agrees licensing deal with Celltrion
Hikma Pharmaceuticals has reached a licensing agreement with South Korea-based Celltrion for Truxima ((rituximab), the first biosimilar monoclonal antibody in oncology to be granted European marketing authorisation.
RBC Capital downgrades Saga, says stock is fairly valued
Over 50s specialist Saga was on the back foot on Tuesday as RBC Capital Markets downgraded the stock to 'sector perform' from 'outperform' and slashed the price target to 135p from 250p, noting it is now less positive on the motor broking business.
GoCompare to buy MyVoucherCodes for £36.5m
Price comparison website GoCompare announced on Tuesday that it has agreed to buy MyVoucherCodes. co. uk from Monitise for £36. 5m in cash, as it said 2017 operating profit is expected to be at the upper end of market expectations.
German business confidence deteriorates in December - Ifo
German business confidence unexpectedly deteriorated in December, according to a widely-followed survey released on Tuesday.
Saint-Gobain to buy Norwegian distributor Per Strand
French manufacturer Saint-Gobain has agreed to buy Norwegian distributor Per Strand AS for an undisclosed sum.
Acacia Mining to sell non-core asset for $45m
Acacia Mining has agreed the sale of a non-core royalty over the Houndé Mine in Burkina Faso for $45m.
BHP Billiton to withdraw from World Coal Association, US Chamber of Commerce
BHP Billiton said on Tuesday that it is considering leaving the World Coal Association and the US Chamber of Commerce.
London open: Stocks edge up after record highs on Wall St but Christmas lull setting in
London stocks rose in early trade on Tuesday following record highs on Wall Street on the back of optimism over the tax reform bill, although gains were muted as the Christmas lull began to set in.
Tuesday newspaper round-up: Fat cat pay, Toys R Us, LSE
Several of Britain’s best-known companies, including Burberry, Sky and Sports Direct, are included on a list ordered by the prime minister of firms rewarding bosses with “fat cat pay” and representing the “unacceptable face of capitalism”. More than a fifth of Britain’s FTSE listed-firms are included on the “name and shame” register of companies that Theresa May said risk damaging “the social fabric of our country” by paying bosses too much money.
London pre-open: Stocks seen up just a touch despite record highs on Wall St
London stocks were set to nudge just a touch higher at the open on Tuesday despite record highs on Wall Street on the back of optimism over the tax reform bill, as the Christmas lull sets in.