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21 May
New York Stock Exchange, NYSE, markets, Wall Street, US. Photo: Grant Wickes
US close: Stocks close higher as markets steady following tech sell-off in previous session

US stocks closed higher on Tuesday as a mild semblance of calm seemingly returned to markets following Monday's tech sell-off.

21 May
dans-son-livre-beige-la-fed-estime-que-l-economie-americaine-continue-de-progresser
Wednesday preview: FOMC, UK CPI

The focus on Wednesday will be on the US central bank, with three top Federal Reserve officials set to take to the podium ahead of the release of the latest set of Fed minutes later in the evening.

21 May
burberry headoffice
Broker tips: Burberry, Coca-Cola HBC

Bernstein upped its stance on shares of luxury brand Burberry to 'market perform' from 'underperform' on Tuesday, saying it sees a more balanced risk/reward following the drop in the share price last week after its full-year results.

21 May
coca cola femsa mexico
Coca-Cola HBC share price reaction 'overdone', says Deutsche Bank

Analysts at Deutsche Bank believe that Monday's drop in bottling company Coca-Cola HBC's shares in reaction to the news that The Coca-Cola Company would keep its majority stake in Coca-Cola Beverages Africa "for the foreseeable future" was overdone.

21 May
ep honor huawei recomienda prudencia y mantienepuestala ventahonor 20principiosjunioespana
Europe close: Stocks bounce back after White House grants Huawei temporary reprieve

Stocks on the Continent bounced back from the the previous day's drubbing on Tuesday after the US administration decided overnight to ease its restrictions on Chinese tech giant Huawei for three months.

21 May
enquete-au-royaume-uni-sur-la-campagne-officielle-en-faveur-du-brexit
London close: Stocks see timid bounce as investors weigh PM's withdrawal plans

London stocks edged higher on Tuesday on Tuesday, as investors digested the Prime Minister's offer to MPs of a possible second referendum on Brexit, subject to Parliament's approval, but only if they first backed her own proposed withdrawal bill.

21 May
theresa may parliament commons jan16
May to allow MPs vote on second Brexit referendum, pound rallies

The Prime Minister said in a speech on Tuesday that she will offer MPs a vote on putting her deal to a second referendum if it passes the first stage of voting in Parliament.

21 May
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent
Renew Holdings delivers 'record' interims as QTS shines

Renew Holdings on Tuesday reported a jump in revenue and profit, as the engineering services division drove growth following a full contribution from the QTS acquisition.

21 May
galliford try uk building builder construction homes
FTSE 250 movers: Galliford Try builds up, Entertainment One trots lower

London's FTSE 250 was up 0. 46% at 19,424. 86 in afternoon trade on Tuesday, with Galliford Try leading the index higher.

21 May
wall street
US open: Stocks go green as Washington grants Huawei a reprieve

Wall Street trading began on a positive note on Tuesday as a mild semblance of calm seemingly returned to markets following Monday's tech sell-off.

21 May
London Stock Exchange AIM LSE shares
Director dealings: Randall & Quilter co-founder lowers stake

Randall & Quilter revealed on Tuesday that deputy chairman and chief financial officer Alan Quilter had disposed of 500,000 ordinary shares in the investment firm.

21 May
burberry tropical garbadine coat
Bernstein bumps Burberry up to 'market perform'

Bernstein upped its stance on shares of luxury brand Burberry to 'market perform' from 'underperform' on Tuesday, saying it sees a more balanced risk/reward following the drop in the share price last week after its full-year results.

21 May
halfords retail
Halfords FY profit hit by mild weather, 'weakened' consumer confidence

Halfords posted a drop in full-year profit on Tuesday as it pointed to "weakened" consumer confidence and mild winter temperatures.

21 May
london canary wharf docklands
FTSE 100 movers: Coca-Cola HBC recovers; EasyJet flies lower

London's FTSE 100 was up 0. 4% at 7,336. 19 in afternoon trade on Tuesday, off earlier highs but still in the green as investors welcomed an easing of US sanctions against China's Huawei.

21 May
US USA United States of America house housing
US existing home sales unexpectedly drop in April - NAR

Sales of US existing home sales unexpectedly fell in April, according to data from the National Association of Realtors.

21 May
Merck
Peloton scraps IPO in favour of $1bn tie up with Merck

American drugs giant Merck has agreed to buy Peloton Therapeutics in a deal that could eventually be worth more than $2bn.

21 May
coins currency investment insurance business finance company
Itaconix receives first order for personal care polymer from Nouryon

Itaconix has received its first purchase order from Nouryon to supply its polymer for Nouryon's new ‘Amaze SP’ product, it announced on Tuesday, under the previously-announced exclusive global supply agreement for Nouryon to market Itaconix polymers in personal care applications.

21 May
oculus rift vr virtual facebook
VR Education experience launching on new Oculus headset

Education-focussed virtual reality technology company VR Education announced on Tuesday that its showcase experience ‘Apollo 11 VR’ has been selected by Facebook to be a launch title on the ‘Oculus Quest’ headset, which was launching globally.

21 May
Internet security, computers, laptops
Crossword launches new cybersecurity offer in partnership with Reliance

Crossword Cybersecurity announced on Tuesday that its consulting division has launched a new product, ‘virtual Chief Information Security Officer’ (vCISO), in partnership with IT security company Reliance.

21 May
Chef Jamie Oliver 620x350
Jamie Oliver's restaurant group collapses

The restaurant group fronted by celebrity chef Jamie Olivier has collapsed, putting up to 1,300 jobs at risk.