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Microsoft has agreed to buy video game company Activision Blizzard in a $68. 7bn deal.
London’s FTSE 250 was down 1% at 22,640. 67 in afternoon trade on Tuesday.
London’s FTSE 100 was down 0. 6% at 7,568. 66 in afternoon trade on Tuesday.
Goldman Sachs shares fell on Tuesday after the bank reported lower-than-expected fourth-quarter earnings.
London stocks were still in the red by midday on Tuesday amid rising bond yields, as investor digested the latest UK jobs data.
German investor sentiment improved in January amid hopes the economy will pick up as Covid cases fall, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Liberum cuts its price target on THG on Tuesday to 700p from 750p after the online retailer warned that its profit margins for the year will miss analysts’ forecasts and revenue growth will slow.
Kitchenware brand ProCook said on Tuesday that full-year results were on course to meet market expectations as it reported a jump in revenues.
THG was under the cosh on Tuesday after the online retailer warned that its profit margins for the year will miss analysts’ forecasts and revenue growth will slow.
London stocks fell in early trade on Tuesday following strong gains in the previous session, as investor digested the latest UK jobs data.
Alternative asset management firm Petershill Partners said on Tuesday that it made $458m in acquisitions in the fourth quarter, which are expected to be immediately accretive to consensus earnings forecasts.
Qinetiq said on Tuesday that it was on course to deliver on its full-year expectations after "strong" progress in the third quarter.
London stocks were set to fall at the open on Tuesday following strong gains in the previous session, as investor mull the latest UK jobs data.
Soaring energy bills could eat up more than half of some UK households’ incomes, a leading poverty charity has said, amid warnings that vulnerable people will be left unable to eat regularly or could even be at risk of death from the cold. The Joseph Rowntree Foundation (JRF) said that while households across the board faced bill increases of 40% to 47% from April, there would be huge variations in the ability of families to cope. - Guardian.