Latest News
ECB's Lane says domestic euro area economy 'pretty strong'
The European Central Bank's incoming chief economist cautioned against exaggerating the significance of recent weak data.
EU backs down on post-Brexit money manager rules
A compromise has been struck between European Union member states over the way money managers will be supervised once the UK quits the bloc.
Grayling faces calls to quit over Brexit ferry company fiasco
Pressure mounted on under-fire British Transport Secretary Chris Grayling to resign on Tuesday after it emerged his department spent £0. 8m to assess a bid for a £13. 8m no-deal Brexit ferry contract that was awarded and then withdrawn.
London midday: Stocks maintain gains as attention turns to May
London stocks were still in the green by midday on Tuesday ahead of Theresa May's statement to parliament, as investors welcomed signs of improvement in Sino-US trade talks and news that another US government shutdown has been averted.
Ryanair applauds Court of Appeal ruling in 'claims chaser' spat
Irish low-cost carrier Ryanair welcomed the Court of Appeal's ruling to uphold its policy of communicating and paying EU261 compensation directly to consumers on Tuesday.
Serabi Gold employee dies after accident at Brazilian mine
Mining outfit Serabi Gold revealed that an employee at its Palito gold mine in Brazil had died following an accident at the site.
Nu-Oil and Gas' joint-venture partners up with Siemens
Nu-Oil and Gas on Tuesday confirmed that Marginal Field Development Company (MFDevCo), its 50%-owned joint-venture, has entered into a collaboration agreement with Siemens' Dresser-Rand business.
US pre-open: Stocks seen up as another government shutdown is averted
US stock futures pointed to a positive open on Wall Street on Tuesday as investors welcomed news of a tentative deal to avert another government shutdown.
US small business sentiment index drops to lowest since 2016 elections
Small business sentiment in the US deteriorated more than expected in January amid worries about the government shutdown and financial market instability, according to the National Federation of Independent Business.
MPs slam Hammond's claim of no-deal Brexit dividend as 'not credible'
UK Chancellor Philip Hammond's claim of a Brexit “deal dividend” was ridiculed by a cross-party group of MPs on Tuesday as “not credible”.
Asia report: Markets rise on US-China trade deal hopes
Markets in Asia were higher across the board on Tuesday, with technology plays receiving a boost, and investors maintaining a close eye on trade relations between Washington and Beijing.
Michelin cheers auto investors with upbeat outlook
Shares in the auto sector revved higher as France’s Michelin posted a forecast-beating set of results and pledged further growth in 2019.
Plus500 shares hammered after profit warning
Online trading company Plus500 warned current year profits would be “materially lower” than market expectations due to new European Union regulations on financial products, with the news wiping more than a third off the share price on Tuesday.
Europe open: Stocks extend bounce on positive news from overseas
Stocks across the Continent are adding to the prior day's bounce, buoyed by news of a possible breakthrough on the Hill that might allow the US to avoid another partial shutdown.
Mporium billing millions in first weeks of Allay aggreement
Marketing technology outfit Mporium has seen a significant uptick in revenues since inking an agreement with Newcastle-based fintech firm Allay.
Ilika charges higher after achieving record battery energy density
Ilika jumped on Tuesday after it achieved its highest ever volumetric energy density of its ultra-thin solid-state batteries.
Kering dismisses China fears as Gucci sales surge
The owner of luxury brands Gucci and Yves Saint Laurent has shrugged off growing concerns about the strength of Chinese economy to post forecast-beating results.
Zambeef chief financial officer resigns
African food producer Zambeef revealed on Tuesday that chief financial officer Craig Harris had stepped down from the group with immediate effect.
Goldman upgrades Rio, downgrades BHP as it reviews mining sector
Goldman Sachs upped its stance on Rio Tinto but downgraded its recommendation on BHP on Tuesday as it took a look at the metals and mining sector.
Ebiquity warns of flat profits
Marketing and media firm Ebiquity expects profitability to remain unchanged in its current trading year as it fulfils contractual obligations related to the sale of its advertising intelligence unit to Nielsen.