Latest News
Huawei criticises US spying claims claiming it 'belittles national security'
Huawei criticised US claims that its 5G network could be used to spy on western governments and said the US administration was being “ignorant of technology” and “belittling” national security concerns with repeated unsubstantiated claims.
ECSC Group leaps after three managed services contract wins
ECSC Group's shares shot upwards on Tuesday following the company's confirmation of three further new managed services contract wins with two household name retailers and a technology services provider.
Wednesday preview: Chinese data and US earnings share the spotlight
The focus on Wednesday will be on a raft of data out of China, alongside another raft of quarterly earnings reports in the States.
Europe close: Stocks edge higher helped by strong economic data
Stocks on the Continent were mostly higher as investors cheered better-than-expected economic data, amid holiday-thinned trading volumes.
London close: Stocks higher as pound slips, jobs data pleases
London stocks gained on Tuesday, as investors mulled the latest reading on the UK jobs market, with some well-received updates from retailers lending support.
FTSE 250 movers: JD Sports sprints ahead, Galliford Try crumbles
London's FTSE 250 index was 0. 54% higher at 19,914. 54 in afternoon trade on Tuesday, with JD Sports leading the way on the back of its full year results.
Director dealings: Former 888 CEO lowers stake
888 Holdings director Itai Frieberger disposed of 2m ordinary shares in the FTSE 250-listed gambling outfit.
Coro Energy leaps following Indonesian gas acquisition
Coro Energy's shares stormed on Tuesday after the company completed its obligations to acquire a 15% working interest in the Duyung production sharing contract (PSC) in Indonesia.
Thor Mining kick-starts drilling at Australian tungsten project
Thor Mining on Tuesday commenced drilling at the Bonya tungsten deposits adjacent Molyhil, in the Northern Territory of Australia.
Bank of America posts better-than-expected Q1 profits, but shares decline
Bank of America posted record quarterly net income driven by a jump in the profitability of its consumer banking arm.
Broker tips: BP, LondonMetric, InterContinental Hotels
RBC Capital Markets downgraded its recommendation on shares of oil giant BP to 'outperform' from 'top pick' on Tuesday following a recent strong performance on an absolute basis and versus the sector.
Sector movers: Retailers on the rise
London markets were lifted by a real mix of sectors on Tuesday as various European markets notched up fresh six-month highs.
US open: Stocks open higher as earnings continue to roll in
Wall Street trading began on a positive note on Tuesday as investors thumbed over more key earnings, including those from banking giant Bank of America.
FTSE 100 movers: Airlines fly higher despite Lufthansa warning; Rio retreats
London's FTSE 100 was up 0. 4% at 7,466. 23 in afternoon trade on Tuesday as investors eyed the latest UK jobs data.
Over 100 people arrested in Extinction Rebellion protests in London
Climate change protests by Extinction Rebellion demonstrators in central London resulted in over 100 arrests.
Flowtech Fluidpower revenues boosted by Balu acquisition
Technical fluid power products specialist Flowtech Fluidpower saw both revenues and profits grow following the successful acquisition and integration of Balu in its last trading year.
Tuesday broker round-up
Galliford Try: Peel Hunt downgrades to hold with a target price of 700p.
Greatland Gold announces 15-hole Australian drilling programme
Greatland Gold on Tuesday confirmed a 15-hole drilling programme at its fully-owned Firetower project in Tasmania, Australia.
Asiamet delivers 'strong' copper results from Indonesian project
Asiamet Resources on Tuesday reported "strong" copper assay results from an additional infill drilling programme completed as part of the Bankable Feasibility Study (BFS) for the Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia.
RBC initiates coverage on 'attractive' LondonMetric
Analysts at RBC Capital Markets initiated coverage on FTSE 250 real estate investment trust LondonMetric on Tuesday, calling the firm an "attractive opportunity" at a fair value.