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Bitcoin & Friends
Promoted Bitcoin is at the forefront of the Cryptocurrencies trend sweeping the global markets, drawing traders and investors from every part of the world. But what is making this hugely volatile financial instrument so attractive? For a brief overview of trading on Bitcoin & friends, read on….
Mueller issues Steve Bannon with grand jury subpoena - report
US Present Donald Trump's former chief strategist Steve Bannon was on Tuesday reportedly subpoenaed by special counsel Robert Mueller to testify in front a grand jury as part of his ongoing investigation into alleged Russian interference in the 2016 election.
US close: Stocks slip from record ground as oil price, Bannon 'summons' hit sentiment
US stocks failed to stay in record territory on Tuesday as lower oil prices hit energy stocks and investors reacted to news that President Donald Trump's former chief strategist Steve Bannon had reportedly been subpoenaed as part of the probe into alleged Russian interference in the 2016 election.
Carillion directors face probe as fallout continues for suppliers, workers, banks
Fallout from the collapse into compulsory insolvency of construction giant Carillion continued on Tuesday, with £1bn of unpaid bills jolting suppliers, banks needing to write off most of the £1. 6bn debt pile and employees under private sector contracts going jobless the following day.
FTSE 250 movers: Diverging success for retailers JD Sports and Dunelm
London's mid cap stock index remained in positive territory on Tuesday, outperforming its larger sibling thanks to gains from the likes of JD Sports and Savills.
London close: Commodities losses and Carillion fallout weigh on stocks
London's blue chip stocks failed to hold onto their early gains on Tuesday, as the drag from metals prices on mining heavyweights offset any benefit from a fall in the pound on the back of an easing in UK inflation.
Results round-up
JD Sports said on Tuesday that it expects pre-tax profit for the year to 3 February 2018 to be ahead of market expectations following a strong second half.
Europe close: Stocks end off best levels, eyes on Wall Street and Germany
German issues paced gains on the Continent, thanks to a pause in the single currency's recent rapid move higher and as Wall Street's main market gauges eased back from their opening gains.
Dunelm sales keep surging but profits will dip in first half
Homeware retailer Dunelm kept up good sales growth in three months to end-December to drive further market share gains, though margins were dented slightly.
Broker tips: Premier Oil, Boohoo.com
Analysts at RBC downgraded their recommendation on shares of Premier Oil from 'outperform' to 'sector perform' after the shares had reached their 100p target price, which was unchanged.
Citi upgrades Boohoo.com to 'buy'
In the wake of a 30% drop in the shares over the past seven months, Citi opted to upgrade its recommendation on Boohoo. com to 'buy', setting a target price of 235p.
RBC downgrades Premier Oil to 'sector perform'
Analysts at RBC downgraded their recommendation on shares of Premier Oil from 'outperform' to 'sector perform' after the shares had reached their 100p target price, which was unchanged.
BEIS Committee to question Claire Perry over Westminster's tariff cap
The Business, Energy and Industrial Strategy Committee was set to question Claire Perry, minister for energy and clean growth, on Downing Street's proposed energy price cap, continuing its pre-legislative scrutiny of the tariff cap bill's draft.
London falls behind as UK house prices rise 5.1%
The official seasonally adjusted house price index rose by 0. 3% month-to-month in November, according to the November edition of the UK House Price Index published by the Office of National Statistics on Tuesday.
Citigroup beats Wall Street estimates, but gets battered by tax reforms
Citigroup posted profits in excess of Wall Street expectations on Tuesday, as solid growth in its consumer banking business, specifically in the Asian and South American markets, helped to offset an overall drop in trading revenues.
Debt problems affect a quarter of the UK's poorest households
A third of the lowest-income households in the UK have debts that surpass the assets they hold, according to a report from the Institute for Fiscal Studies.
Lula da Silva is not a threat to Brazil's financial stability, party chief says
The leader of Brazil's Workers’ Party argued in an interview that former president Luiz Inacio Lula da Silva is anything but radical and does not pose a threat to Brazilian financial stability.
EC raids Euromoney's RISI paper business in cartel inquiry
The European Commission carried out an unannounced inspection at the premises of an unnamed kraft paper and industrial paper sack firm on Monday as part of an ongoing investigation into a potential cartel, while Euromoney said it's RISI subsidiary had been inspected.
United Oil and Gas reaches farmout agreement with Corallian Energy
London-based oil and gas sector investor United Oil and Gas has entered into a farmout agreement with Corallian Energy to acquire an initial 10% interest from the group in three licenses it held as part of a joint-venture with Corfe Energy.
Director dealings: Gattaca operations chief sells down stake
Keith Lewis, chief operating officer of human capital resources firm Gattaca, sold a chunk of ordinary shares in the firm on Tuesday, collecting £50,873. 40 in the process.