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Young consumers lead drive to cut spending in 2018
Young people are leading a drive by consumers to cut spending as prices rise faster than incomes, a survey by Lloyds Bank shows.
CAP-XX cuts losses, 'optimistic' regarding new orders
CAP-XX has reported a 9% increase in sales revenues to A$1. 5m for the six months up to 31 December and compared to the same period of the previous year.
Credit Suisse confirms 'outperform' rating on IAG
Analysts at Credit Suisse took a look at British Airways parent company IAG on Tuesday, highlighting the potential headwinds the group might end up facing on its major routes as a result of the ownership requirements under the kind of 'Open Skies' agreement currently being negotiated by UK and US officials.
Commodities: Cotton, cocoa hit new 52-week highs then fall back
Crude oil and agricultural futures were giving back some of the prior day's gains, but only after cocoa and cotton futures pushed to fresh 52-week highs on Tuesday, amid a backdrop of dollar weakness.
Sirius Minerals losses widen as its steams towards production
Sirius Minerals announced its results for the year ended 31 December on Tuesday, with the pre-revenue company’s loss before tax widening to £79. 25m from £23. 42m due to non-cash items as it begins to develop the world's largest polyhalite fertiliser deposit.
Market buzz: Italy fallout 'is being underestimated', two doses of Haldane
1736: London stocks closed higher on Tuesday, extending their positive run to a second day thanks in part to excitement in the paper and packaging sector after Smurfit Kappa rejected a takeover bid, but with concerns about a US trade war keeping a lid on things. The FTSE 100 closed off its morning highs but almost 31 points or 0. 4% higher for the day at 7,146. 75. The pound was 0. 4% weaker against the euro at 1. 1186, approaching levels last seen in December, but up 0.
Europe close: Italian stocks bounce back with a vengeance
Stocks across the Continent rose slightly on Tuesday, apparently buoyed by hopes that the White House's plans to slap tariffs on imports of steel and aluminium might finally be curtailed or watered down in one way or another.
London close: Stocks extend gains as new rifts emerge over trade
London equities extended their winning run to a second day on Tuesday, underpinned by excitement in the paper and packaging sector after Smurfit Kappa rejected a takeover bid, as concerns about a US trade war ebbed and flowed.
Great Western weathers storm as subzero temperatures hit drilling
Great Western Mining announced on Tuesday that M2 infill drilling at its Mineral Country prospect in Nevada proceeded successfully in spite of recent snow storms.
Director dealings: Ocado boss's trust banks more than £24m in share sale
Linic Limited, a company wholly owned by Arthur Seligman as trustee of the Steiner 2008 Millennium Trust, of which Ocado's chief executive Tim Steiner was a discretionary beneficiary, sold 4. 5m ordinary shares in the grocer on Tuesday.
US offers UK weaker 'Open Skies' after Brexit
The number of flights between the UK and the US could go down post-Brexit after America's newly proposed "Open Skies" agreement was seen as being worse than the one currently in place.
Cadence boosted as investee zeros in on double zinc project purchase
Cadence Minerals received a boost on Tuesday after its investee company Auroch Minerals announced its intentions to acquire two zinc projects in South Australia.
US open: Trading bounces between small gains and losses as Korean tensions die down
US stocks kept swiching between gains and losses in early trading on Tuesday as news from discussions between North and South Korea, reported to include plans for the first major summit between the two in over a decade, pointed to a de-escalation of tensions and the easing of one of the market's biggest geopolitical uncertainties.
Catalan parliament to vote on new president, if Madrid allows it
Catalonia will choose a new president next week, though unless the leading candidate gets Madrid's permission to be released from prison the region could be back to square one.
Equatorial Palm Oil expects first palm oil shipment in late 2018
Palm oil development and production company Equatorial Palm Oil (EPO) projected on Tuesday that its first shipment of crude palm oil would take place in Q4 2018.
Broker tips: Ultra Electronics, Mondi, Just Eat
JP Morgan has downgraded Ultra Electronics to ‘neutral’, citing a reduced outlook for 2018 earnings and increased competition for providing sonobuoys to the US Navy.
FTSE 250 movers: Ibstock rallies on results; Rotork retreats
London's FTSE 250 was up 0. 8% to 19,721. 86 in afternoon trade on Tuesday.
Strategic Minerals purchase of Leigh Creek settles
Diversified mineral development and production company Strategic Minerals announced on Tuesday that, further to its announcement on 27 February, the acquisition of the Leigh Creek Copper Mine was now settled.
EQTEC forms 'strategic alliances' and secures sale to Welsh project
Industrial waste management company EQTEC has signed a new memorandum of understanding (MOU) with a consortium containing biomass power plant operator Brooke Energy and RAFAKO SA.
ProPhotonix confirms Ed Dolan is new finance chief
High-technology designer and manufacturer of LED illumination systems and laser diode modules ProPhotonix announced the appointment of Edward Dolan as its chief financial officer - a non-board position - with immediate effect.