Full List Of Stories
FTSE 250 movers: Energean rallies again; Petropavlovsk slides
London’s FTSE 250 was down 0. 8% at 17,068. 49 in afternoon trade on Tuesday.
FTSE 100 movers: Shell loses ground; Smiths Group rallies
London’s FTSE 100 was down 1. 2% at 6,152. 12 in afternoon trade on Tuesday.
Morses Club confirms U Account customers can access accounts
Morses Club confirmed on Tuesday that operations at subsidiary U Account have resumed as normal after the Financial Conduct Authority lifted its ban on trading by German payments processor Wirecard’s UK business.
Asos Q3 likely to be muted, says Liberum
Online fashion retailer Asos is likely to report a muted third quarter, Liberum said in a note on Tuesday.
On the Beach swings to interim loss as revenues slide
On the Beach said on Tuesday that it swung to an interim loss as revenue slumped due to cancelled bookings and reduced demand amid the Covid-19 outbreak, as it announced the departure of chief financial officer Paul Meehan.
London midday: Stocks fall after GDP data; Covid worries weigh
London stocks had fallen a little further into the red by midday on Tuesday after the release of weaker-than-expected GDP figures and amid ongoing concerns about the coronavirus pandemic.
China manufacturing PMI picks up in June
Manufacturing and services activity in China expanded in June as the economy continued to recover from the coronavirus fallout, according to figures released by the National Bureau of Statistics on Tuesday .
London open: Stocks edge lower as investors mull GDP
London stocks edged lower in early trade on Tuesday as investors mulled a record decline in UK GDP, amid ongoing concerns about the coronavirus pandemic.
AstraZeneca neurofibromatosis treatment gets orphan drug designation in Japan
AstraZeneca said on Tuesday that selumetinib, its treatment for genetic disease neurofibromatosis type 1, has been granted orphan drug designation in Japan.
Balfour Beatty JV secures £577m Hong Kong contract
FTSE 250 infrastructure group Balfour Beatty said on Tuesday that its joint venture, Gammon Construction, has been awarded a HK$5. 67bn (£577m) contract in Hong Kong.
Cineworld delays UK, US reopenings to end of July
Cineworld said on Tuesday that it will delay the reopening of its cinemas in the UK and US to the end of July "in line with recent adjustments to the schedule of upcoming movie releases".
London pre-open: Stocks seen up as investors eye Johnson speech
London stocks were set to rise at the open on Tuesday despite ongoing concerns about the coronavirus pandemic, with Prime Minister Boris Johnson set to announce a £5bn boost to infrastructure spending.
Tuesday newspaper round-up: UK start-ups, Wirecard, consumer confidence
The chancellor is expanding a £500m fund for UK startups hit by the coronavirus crisis, to ensure firms that shifted their headquarters abroad can still access the scheme. The Future Fund will now benefit companies that are seen as British in all but name, having moved their parent company to tap US investors or take advantage of so-called accelerator programmes. Accelerators like US-based Y Combinator often ask firms to set up a US entity in order to access financing, mentorships and expert networks overseas.