Philip Green’s plan to rescue his troubled Arcadia group from administration is facing a challenge from US property company Vornado, according to court papers filed in the UK.
Stocks rose across the Continent even as a key survey of investor confidence highlighted the ongoing concerns around the US-China trade spat and Brexit and the acting chief of the International Monetary Fund sounded a word of caution on the global economic outlook - all thanks to a weaker euro.
London stocks had pushed into the green by the end of trading on Tuesday, as sterling slumped on Brexit woes, despite the release of solid UK jobs data.
Wall Street trading began on a mixed note on Tuesday following some key second-quarter bank earnings.
JPMorgan Cazenove has downgraded Lloyds Banking Group, warning that Brexit is weighing on the wider UK banking sector.
Analysts at Jefferies upgraded shares of iconic British car manufacturer Aston Martin Lagonda from 'underperform' to 'hold' on Tuesday, but said they were still "hoping for more" from the firm.
London’s FTSE 250 was up 0. 18% at 19,619. 45 in afternoon trade on Tuesday, with Aston Martin Lagonda driving the index higher.
Capital Gearing Trust revealed on Tuesday that chairman Graham Meek had acquired 1,250 ordinary shares in the London-listed investment vehicle.
A top International Monetary Fund official warned central banks that they should stand ready to help should economic growth slow even more rapidly.
JP Morgan Chase beat analysts' expectations with its latest quarterly earnings, helped by an income tax benefit that boosted its results by $768m.
London's FTSE 100 was up 0. 8% at 7,589. 26 in afternoon trade on Tuesday as the pound took a beating amid Brexit woes.
Big Sofa Technologies announced a further service agreement with an unnamed global technology company based on the west coast of the United States for its proprietary, video-based collaboration system, along with an initial commission under that service agreement.
Live data provider WANdisco announced a partnership with unified analytics firm Databricks on Tuesday, in a bid to “accelerate and dramatically simplify” the migration of on-premises Hadoop analytics workloads to Azure Databricks.
Sentiment among US housebuilders improved a touch in July, according to data released on Tuesday.
European Metals Holdings announced on Tuesday that CEZ Group - one of central and eastern Europe's largest power utilities - has conditionally agreed to provide a €2m finance facility by way of a convertible loan.
Levels of industrial activity in the US were unchanged last month, despite a sharp jump in auto production, held back in part by a large in drop in utilities' output.
Natural resources investment company Armadale Capital announced further confirmation that commercialisation plans for the Mahenge Liandu Graphite Project in Tanzania were continuing to advance on Tuesday, reporting that metallurgical test-work was progressing well, with initial work in line with expectations.
AfriAg Global has been advised by Apollon Formularies that it has now completed its first production of licensed medical cannabis oils at its processing facility in Negril, Jamaica, it announced on Tuesday.
US retail sales volumes grew a tad more quickly than expected last month, boosted by sales of automobiles and food and beverage stores.
Goldman Sachs cheered Wall Street on Tuesday after its second-quarter numbers beat analyst expectations.