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Treasury orders firms to reveal climate change impact on profits
the UK Treasury has ordered that Britain’s leading companies, investment funds and pension schemes, must be able to show by 2022 how climate change and measures such as a ban on plastics might impact their finances.
Irish backstop has to change or go, says Hunt
Jeremy Hunt on Tuesday told an audience of Conservative Party members in Belfast that the Northern Irish backstop "has to change or has to go".
US close: S&P 500 records yet another all-time high as chipmakers and tech stocks rally
US stocks closed higher on Tuesday, with the S&P 500 setting yet another record close despite threats of new tariffs on European goods dampening much of the optimism seen following news of a possible trade deal between the world's two largest economies.
Wednesday preview: US ADP jobs report, Sainsbury's in focus
The focus on Wednesday will revert to the US, where a slew of first-tier economic indicators are scheduled for release, including key data linked to the jobs market.
Europe close: Stocks edge higher amid lull in trade tensions
Stocks across the Continent traded slightly higher on Tuesday following the fresh record highs hit by US stocks overnight with investors still finding comfort in the lull in the US-China trade war and expectations for further easing by the world's central banks.
London close: Stocks gain, but Brexit worries back on front burner
London stocks extended their gains on Tuesday as the pound fell after Bank of England Governor, Mark Carney, told an audience that "a global trade war and a No Deal Brexit remain growing possibilities not certainties" and a key survey of construction sector conditions undershot market forecasts.
Director dealings: Ten Lifestyle chairman ups stake
Lifestyle and travel platform operator Ten Lifestyle revealed on Tuesday that chairman Bruce Weatherill had purchased 100,000 ordinary shares in the AIM-listed firm.
Broker tips: Croda, InterContinental Hotels, Sirius Minerals, Centamin
Croda International was under the cosh on Tuesday as UBS downgraded its stance on the shares to 'neutral' from 'buy', as it argued that the stock's multiple was now fair and 2019 growth is likely to be weighted to the second half.
FTSE 250 movers: Oxford Instruments climbs, Funding Circle falls
London's FTSE 250 was flat, edging just 0. 01% higher to 19,637. 48 in afternoon trade on Tuesday, as Oxford Instruments came in as the top riser on the index.
US open: Stocks head south as trade worries persist
US stocks headed south soon after the opening bell as the uncertainty surrounding a possible trade deal between the world's two largest economies and threats of new tariffs on European goods dampened optimism.
Fed's Mester sets high bar for interest rate cuts
A top US central bank official said on Tuesday that interest rates might need to be cut, but set a high bar for any reduction.
UBS downgrades IHG to 'sell' on rising headwinds
Analysts at UBS downgraded their recommendation for shares of InterContinental Hotels from 'neutral' to 'sell' on Tuesday, stating the group's current valuation appeared to be "at odds with rising headwinds".
Arc Minerals upbeat on maiden drill results from Cheyeza
Copper, cobalt and gold exploration and development company Arc Minerals announced the initial results from its maiden drill program at the Cheyeza target area in Zambia on Tuesday, reporting that it confirmed “significant” copper mineralisation at Cheyeza East.
FTSE 100 movers: Croda and IHG hit by downgrades
London's FTSE 100 was up 0. 8% at 7,560. 65 in afternoon trade on Tuesday as the pound was dented by weak construction data.
Berenberg retains hold on Centamin, long-term guidance for Sukari imminent
Berenberg has reiterated its ‘hold’ recommendation on Centamin, but said there remained potential for the gold producer to beat forecasts, highlighting the importance for the company's outlook of what it expected to be the imminent release of longer-term guidance for its flagshio Sukari mine.
CAP-XX settles with American capacitor firm following court action
CAP-XX announced on Tuesday that, following a court action, it has reached agreement with Cornell-Dubilier Electronics (CDE), whereby CDE would licence two of CAP-XX's patents on a non-exclusive basis.
ShoreCap upbeat on outlook for Sirius Minerals
Analysts at ShoreCap sounded an upbeat note on the prospects for Sirius Minerals, the outfit developing the world's largest polyhalite deposit, in North Yorkshire.
Oracle Power and partners make payment to Pakistan regulator
Lignite mineral resource and mine mouth power plant developer Oracle Power advised the market that a collective payment of approximately $0. 05m had been submitted to the Private Power Infrastructure Board (PPIB) of the Pakistan Government on Tuesday.
AppScatter to offer Bango's 'Marketplace' to its developer clients
App management and data intelligence platform AppScatter Group has signed an agreement with mobile commerce company Bango to grow in-app revenues for its customers, using ‘Bango Marketplace’.
Ironveld begins strategic review over future of its assets
High-purity iron, vanadium and titanium project owner Ironveld has engaged finnCap to lead a review of strategic alternatives for its mining assets, it announced on Tuesday.