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US existing home sales unexpectedly drop in April - NAR
Sales of US existing home sales unexpectedly fell in April, according to data from the National Association of Realtors.
Peloton scraps IPO in favour of $1bn tie up with Merck
American drugs giant Merck has agreed to buy Peloton Therapeutics in a deal that could eventually be worth more than $2bn.
Itaconix receives first order for personal care polymer from Nouryon
Itaconix has received its first purchase order from Nouryon to supply its polymer for Nouryon's new ‘Amaze SP’ product, it announced on Tuesday, under the previously-announced exclusive global supply agreement for Nouryon to market Itaconix polymers in personal care applications.
VR Education experience launching on new Oculus headset
Education-focussed virtual reality technology company VR Education announced on Tuesday that its showcase experience ‘Apollo 11 VR’ has been selected by Facebook to be a launch title on the ‘Oculus Quest’ headset, which was launching globally.
Crossword launches new cybersecurity offer in partnership with Reliance
Crossword Cybersecurity announced on Tuesday that its consulting division has launched a new product, ‘virtual Chief Information Security Officer’ (vCISO), in partnership with IT security company Reliance.
Jamie Oliver's restaurant group collapses
The restaurant group fronted by celebrity chef Jamie Olivier has collapsed, putting up to 1,300 jobs at risk.
Europe midday: Tech issues lead bounce in stock markets
Stocks on the Continent are bouncing back from the the previous day's thrashing after the US administration decided overnight to ease its restrictions on Chinese tech giant Huawei for three months.
OPG secures further hedge against coal price movements
OPG Power Ventures announced on Tuesday that it has secured a further hedge against the volatility of coal price movements, and has entered into a fixed-price coal purchase agreement for one million tonnes, representing around 60% of its annual coal requirements.
Bloomsbury Publishing's profits trounce expectations
Bloomsbury Publishing beat expectations on Tuesday as it achieved annual profit growth, leading the business to deliver a 24th consecutive year of dividend growth.
Hilton Food trades in line year-to-date
Food packing company Hilton Food Group has traded in line with expectations thus far in 2019, continuing to grow its business through additional volumes and close cooperation with retail partners.
Home Depot beats on earnings, same-store sales disappoint
US retailer Home Depot's first-quarter earnings beat analysts' expectations on Tuesday as customers spent more in single transactions during the quarter ended 5 May.
APC Technology surges as profits jump
APC Technology's shares leapt on Tuesday after the company recorded a jump in interim revenue and profit, while net debt was reduced.
Non-Standard Finance loan book 'strong', still engaging with Provident shareholders
Doorstep lender Non-Standard Finance said on Tuesday that it is continuing to engage with shareholders of larger rival Provident Financial, as it reported "strong" growth in its loan book since the start of the year.
Hundreds of US footwear brands call for end to China trade war
A total of 173 footwear manufacturers, importers and retailers in the US have called on the US president to re-think his approach to the trade war with China, describing the recent tariff hike on imports from the People’s Republic as “catastrophic”.
Asia report: Stocks rise as investors catch their breath from trade war
Most markets in Asia were in the green on Tuesday, as investors took the opportunity to catch their breath amid a recent torrent of developments on the US-China trade front.
US pre-open: Futures point to positive open following tech sell-off in previous session
Wall Street futures were pointing to a positive open on Tuesday as a mild semblance of calm looked set to return to markets following Monday's tech sell-off.
First Derivatives cheers investors with upbeat outlook
Northern Ireland’s First Derivatives said the current year had got off to a strong start as it reported a jump in both revenues and profits.
Shoe Zone first-half profits flat; current trading in line
Profits at Shoe Zone were flat in the first half of the year, while revenues dipped just a touch as the footwear retailer said current trading was in line with management expectations.
London midday: Stocks extend gains as pound drops below $1.27
London stocks had extended gains by midday on Tuesday, boosted by a weaker pound, as investors welcomed Washington's decision to grant a temporary reprieve from the Huawei ban.