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DCC H1 profits up as all divisions perform in line
International support services group DCC said interim pre-tax profits rose 17. 2% to £85. 9m as three of its divisions reported higher earnings and offset a seasonally weaker performance in its LPG unit.
London pre-open: Stocks seen higher ahead of data slew
London stocks were set for a firmer open on Tuesday despite heavy losses on Wall Street, as Asian shares came off their lows.
Tuesday newspaper round-up: Brexit setback, debts rise, FOBTs, Virgin Money
Theresa May’s efforts to secure a Brexit deal by the end of March have suffered a serious setback after it emerged that UK and European Union negotiators were struggling to bridge the gap over the Irish border backstop in time for a November summit. The prime minister was forced to admit that “significant” issues remained despite talks that went on until the early hours of Monday morning. Unless there is dramatic progress by the end of Wednesday, the exit timetable will become increasingly squeezed.
US close: Markets finish lower as oil prices, tech concerns sting
Wall Street finished as it started on Monday, well into the red as oil prices came off their highs and Donald Trump's ongoing war with Silicon Valley weighed on tech stocks.