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10 Oct
royal mail, post
Royal Mail cut by HSBC and RBC after cost saving objectives missed

Royal Mail was subject to downgrades from both RBC and HSBC on Tuesday as analysts from both financial services firms remained cautious about future cost-saving objectives.

09 Oct
New York Stock Exchange, NYSE, markets, Wall Street, US, America. Photo: George Rex
US close: Wall Street sees mixed trading as bond yields continue their ascent

Wall Street trading ended on a mixed note on Tuesday as bond yields resumed their march higher.

09 Oct
ep ciclista italiano elia viviani
Europe close: Stock track better tone on Wall Street, bounce in Italian debt

Stocks in Europe recovered from earlier falls on Tuesday to finish in the green, tracking a turnaround higher on Wall Street and a bounce in Italian government debt.

09 Oct
ep corazon 20181004170301
Lidco's losses widen as UK revenue stumbles

Lidco reported that its first half losses deepened on Tuesday after revenues suffered from a longer than expected sales cycle.

09 Oct
New York
What next as US Treasury yields hit new high?

The 2018 selloff in US government bonds led to the yield on a 10-year note rising to a new seven-year high of 3. 25% on Tuesday, increasing increased anxiety among stock market investors.

09 Oct
Asia report: China moves to steady the ship after Monday's bloodbath

Tuesday saw most Asian markets drop although Chinese indices steadied after a sharp slide on Monday following a week-long holiday in the Asian giant.

09 Oct
wall street
US open: Mixed trading at the open as bond yields continue their ascent

Wall Street trading got off to a mixed start on Tuesday as bond yields resumed their march higher.

09 Oct
London Stock Exchange, markets, traders, trading, City, shares
London close: FTSE stops the rot, pound makes late jump

London's blue chip stocks arrested their recent decline and outperformed their smaller siblings on Tuesday as resources companies provided a lift to offset a rise Italian and US bond yields.

09 Oct
Wednesday preview: US factory gate prices, PageGroup in focus

Ahead of the US consumer price report for September, on Thursday, all eyes tomorrow will be on the release of the latest wholesale price data in the States referencing that same month.

09 Oct
game of thrones15
UK film and TV production investment hits new highs

Tax relief for the UK film and TV industry prompted record spending for the industry, a new report by the British Film Institute has found.

09 Oct
direct line
Broker tips: Direct Line, Sage, N Brown, Quiz, Joules

Deutsche Bank upgraded Direct Line to 'buy' from 'hold' on Tuesday and lifted the price target to 390p from 380p as it pointed to an attractive valuation, an expected inflexion in motor pricing, medium-term optionality and receding risks.

09 Oct
Comcast becomes majority owner of Sky

Comcast became the majority owner of Sky on Tuesday after buying up all the shares held by 21st Century Fox.

09 Oct
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Carpetright CEO ups stake in beleaguered outfit

Carpetright chief executive Wilf Walsh purchased 222,000 ordinary shares in the AIM-listed floorings expert on Tuesday.

09 Oct
Google drops out of race for $10bn Pentagon cloud contract

Google has dropped out of a battle for a $10bn contract with the Pentagon to provide cloud computing, just a day after revealing that data had been leaked from its Google+ service.

09 Oct
ceres power steel cell stack
Ceres Power revenues shine after bumper year

Ceres Power called 2018 a “landmark year” after the fuel cell developer struck deals with Bosch and Weichai and revenues climbed 71%.

09 Oct
gas, flame, energy, hob
FTSE 250 movers: Telecom Plus energised ahead of price cap

London's FTSE 250 was down 0. 80% at 19,488. 21 in afternoon trade on Tuesday.

09 Oct
russia mining albazino polymetal
FTSE 100 movers: Miners bounce back but Sage slumps on downgrade

London's FTSE 100 was down 0. 4% at 7,206. 62 in afternoon trade on Tuesday, with miners bucking the trend as they bounced back from the previous day's losses.

09 Oct
Fed's Kaplan argues for three rate hikes over the next year or so

The US central bank should continue hiking interest rates, but be mindful of the 'message' government debt markets are sending.

09 Oct
ep portadilla auditoras
CMA to probe audit sector amid concerns about 'big four'

The Competition and Markets Authority has announced plans to investigate the audit sector amid growing concerns about the dominance of the 'big four' - KPMG, Deloitte, EY and PwC - particularly after the collapse of construction group Carillion sparked criticism of its auditors.

09 Oct
Sector movers: Metal prices boost miners

Miners and oil companies were leading the stock market revival in London on Tuesday, while other industrial and engineering stocks were providing a weight.