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JTC acquires Luxembourg's Exequtive Partners for up to EUR 34m
Fund management company JTC announced the acquisition of Luxembourg-based specialist provider of corporate and related fiduciary services Exequtive Partners (EP) on Tuesday.
PPHE Hotel Group shares fall as investors sell down holdings
Shares in PPHE Hotel Group were plunging on Tuesday morning, after the hospitality group revealed that Euro Plaza Holdings, Walford Investments Holdings and Aroundtown Real Estate were proposing to sell up to 9,300,000 shares in the company, pro rata to their existing shareholdings.
IP Group swings to losses as it integrates Touchstone
Intellectual property business developer and investor IP Group reported a fair value of its portfolio of £1. 13bn in its final results on Tuesday, up from £1. 1bn year-on-year.
Uber acquires rival Careem for $3.1bn in Middle East expansion
Uber has acquired rival Careem for $3. 1bn in its latest move to expand to the Middle East, it announced on Tuesday.
Crest Nicholson confident despite tough trading conditions
Crest Nicholson Holdings described its forward sales position as “encouraging” on Tuesday, as a result of stable pricing in its key markets and a sales rate consistent with its previous guidance, as its shareholders gathered for the company’s annual general meeting.
Galliford Try CEO heads for Crest Nicholson
Construction group Galliford Try said on Tuesday that Peter Truscott has stepped down as chief executive with immediate effect, as he takes up the same role at Crest Nicholson.
German consumer sentiment set to drop in April - GfK
German consumer sentiment is expected to deteriorate in April, according to data released by market research group GfK on Tuesday.
London open: Stocks edge up as housebuilders, Ocado rally
London stocks edged higher in early trade on Tuesday, helped along by a solid performance from the housebuilding sector, but with gains limited as investors keep an eye on Brexit developments.
ConvaTec surges as Sweden's EQT said to mull bid
Shares in Convatec surged on Tuesday following a report that a number of parties were interested in buying out the London-listed medical equipment maker.
Coral Products warns on profits after automotive slowdown
Plastics manufacturer Coral Products warned investors on Tuesday that its full-year results were set to be "materially below" expectations setbacks in the auto and retail industries.
United Utilities expecting higher underlying operating profit ahead of year-end
United Utilities said current trading is in line with its expectations for the year ending 31 March on Tuesday, as it updated the market ahead of its full-year results, due on 23 May.
AG Barr revenues grow despite sugar tax, CO2 shortages
AG Barr, the maker of Irn-Bru, posted a rise in full-year profit and revenue on Tuesday despite the introduction of the sugar tax, extreme weather and CO2 shortages.
Tuesday newspaper round-up: Brexit, Apple, Sports Direct, William Hill
Parliament seized control of Brexit last night as three government ministers quit to give MPs the power to tear up Theresa May’s deal. The business minister Richard Harrington joined Alistair Burt and Steve Brine in effectively resigning as they joined 29 Tory MPs defying a three-line whip to defeat the government. - The Times.
Ocado wins deal with Aussie grocery giant, United Utilities gets 'fast-track' status from Ofwat
London open The FTSE 100 is expected to open five points lower on Tuesday, having closed down 0. 42% at 7,177. 58 on Monday.
London pre-open: Stocks to rise as Brexit remains firmly in focus
London stocks were set to rise at the open on Tuesday following losses in the previous session, as worries about global growth receded somewhat, although investors were expected to remain nervous as they keep an eye on Brexit developments.
UK MPs take control of Brexit timetable with indicative votes win
Theresa May's humiliation at the hands of parliament continued on Monday as MPs voted to hold a series of indicative votes on alternatives to her twice-defeated Brexit deal.