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US close: Stocks recover from worst performance of the year
Wall Street stocks closed sharply higher on Tuesday, bouncing back from their worst day so far this year in the previous session as trade tensions eased somewhat.
Rolls-Royce swings to operating profit but cash outflows increase
Rolls-Royce on Tuesday reported interim results in line with analysts' expectations as it swung to an operating profit after improved trading in both its power systems and civil aerospace divisions.
Wednesday preview: US-China trade, Glencore in focus
The market spotlight on Wednesday will continue to be very much on the US-China trade war, with investors likely to be scanning the headlines for any sign of further escalation from either Washington or Beijing amid a degree of concern that previously scheduled talks in September might be called off.
Commodities: Trade worries hit energy and agriculture futures
Commodity prices were off their best levels of the session in afternoon trading in the States as stocks on Wall Street struggled to find their direction.
Europe close: Early bounce for stocks fizzles out
A bounce for European stocks had fizzled out by the end of trading amid worries that the White House might ratchet up the pressure on Beijing even futher in response to weakness in the Chinese currency, the yuan, during the previous session.
London close: Bounce in stocks peters out amid worries of protracted US-China trade tensions
London stocks finished lower on Tuesday with investors treading cautiously even after China moved to stabilise its currency, the yuan, possibly amid worries that the White House might still ratchet up the pressure on Beijing even futher in response to that weakness in the yuan.
Sirius Minerals shares tumble as it suspends bond sale
Shares in Sirius Minerals tumbled on Tuesday after the company said it had decided to suspend a planned bond sale.
FX round-up: Pound steady as traders mull US-China trade, no-confidence vote in Commons
The pound finished a smidgen higher on Tuesday as risk appetite recovered in the wake of the Chinese central bank's decision to rein in the recent slide in the country's currency.
Vivendi in talks to sell 10% stake in Universal Music to China's Tencent
Vivendi has entered into preliminary discussions about the sale of a 10% stake in the Universal Music Group (UMG) to Chinese technology company Tencent.
MySale assesses a 'number of options' for future
Shares in online retailer MySale shot up on Tuesday, leading the group to acknowledge the rise in its shares and reveal that it was still in the process of assessing "a number of options" regarding its future.
Broker tips: Spectris, Ferrexpo
Analysts at Berenberg dropped precision instrumentation manufacturer Spectris' recommendation from 'hold' to 'sell' on Tuesday, telling clients that "there may be trouble ahead".
Snap plans to raise $1.0bn via private debt offering
Snap announced on Tuesday that it plans on raising $1. 0bn through a private debt sale to pay for operating and capital costs, sending its stock down by 2% in early trading.
Klarna valued at $5.5bn in funding round for US expansion
Klarna said on Tuesday it had raised $460m in a funding round that valued the Swedish online payments firm at $5. 5bn ahead of a potential stock market flotation.
FTSE 250 movers: Rotork rises, Sirius slides
London’s FTSE 250 was up 0. 65% at 18,994. 65 in afternoon trade on Tuesday, as Rotork led the market higher.
US wants to reach a trade deal with China, Kudlow tells CNBC
The US President wants to reach a deal with China, but it has to be the right one, a top White House official said.
US open: Stocks attempt rebound following worst session of the year
Wall Street stocks traded higher at the bell on Tuesday as major indices attempted to recover from their worst day of 2019 in the previous session.
Director dealings: Aptitude Software CEO disposes of shares
Aptitude Software Group revealed on Tuesday that chief executive officer Tom Crawford had disposed of 540,036 ordinary shares in the London-listed firm.
Mastercard to buy Nets' corporate services business for €2.85bn
Mastercard has agreed to buy the majority of the corporate services businesses of Scandinavian payments company, Nets, for €2. 85bn.
BlueRock Diamonds signs contract with Teichmann
South Africa-focussed diamond mining company BlueRock Diamonds announced on Tuesday that the contract with Teichmann South Africa, to provide mining services to BlueRock, has been signed.
London midday: Stocks turn higher as China moves to stabilise currency
London stocks had erased earlier losses to trade a touch higher by midday on Tuesday as investors breathed a sigh of relief after China moved to stabilise its currency.