Latest News
No-deal Brexit legal challenge to be heard next month
A legal challenge to stop Prime Minister Boris Johnson shutting down parliament to force through a no-deal Brexit was fast-tracked by a Scottish court to be heard next month.
Iofina launches subsidiary to focus on hemp-derived products
Iodine and speciality chemicals company Iofina announced the incorporation and launch of a subsidiary company on Monday - IofinaEX Global Inc.
Savannah Resources upbeat on test work at Mina do Barroso
Savannah Resources announced the successful completion of the glass and ceramics test work programme on co-product feldspar and quartz at the Mina do Barroso Lithium Project on Tuesday, reporting that the work had demonstrated that feldspar and quartz from the project’s spodumene concentrate tails were suitable for use in a “range” of glass and ceramic applications.
US CPI rises more quickly than expected in July
The cost of living in the US rose more quickly than anticipated in July amid broad-based gains in prices for goods ranging from energy to shelter or medical care services.
US small business confidence bounces back in July
Small businesses in the US recovered their confidence last month amid increased optimism for business conditions, real sales, and expansion, the results of a widely-followed survey showed.
Tuesday broker round-up
Intercontinental Hotels: Berenberg downgrades to hold with a target price of 5,300p.
Global fund managers pile into fixed income but eye US stocks, BofA says
Fund managers around the world grew increasingly more worried in August about the risk of a recession developing over the next 12 months, leading them to pile into fixed income despite worries that a bubble might be forming.
Trump advisor would support UK choice of no-deal Brexit
US national security advisor John Bolton told Prime Minister Boris Johnson that his government would support a no-deal Brexit.
Credit Suisse downgrades Aston Martin to 'neutral', slashes price target
Credit Suisse downgraded its rating on shares of Aston Martin Lagonda to 'neutral' from 'outperform' on Tuesday, slashing the price target to 529p from 1,630p.
Berenberg initiates coverage on Blue Prism at 'hold'
Analysts at Berenberg initiated coverage on British software company Blue Prism at 'hold' on Tuesday, noting that despite an "exceptional growth story", adverse issues were emerging.
US pre-open: Futures have stocks extending losses as trade tensions remain in focus
Wall Street futures had stocks opening lower yet again on Tuesday, following on from the serious losses seen during the previous session.
Essensys revenues beat expectations in 'important and exciting year'
Software-as-a-service provider Essensys saw group revenues come in ahead of market expectations in its recently wrapped up trading year.
UK retailers ask for cuts to business rates to save high street
Over 50 major UK retailers have demanded the government reform what they said was a broken business rates system that was deeply damaging the state of the British high street.
Europe midday: Stocks extend drops amid growth fears and tensions in Hong Kong
Stocks across the Continent were under selling pressure again on Tuesday, amid continued worries of weaker global growth and after flights out of Hong Kong were suspended for a second day, stoking concerns that a crackdown on protesters in the city might be nearer.
Asia report: Markets finish weaker as Hong Kong tensions escalate
Markets in Asia were in the red on Tuesday, as investors kept a watchful eye on developments in Hong Kong, where tension continued to escalate between officials and police, and an ongoing anti-government protest movement.
London midday: Stocks extend losses as investors digest UK jobs data
London stocks had extended losses by midday on Tuesday as investors digested the latest batch of UK jobs data amid ongoing concerns about Sino-US trade relations and protests in Hong Kong.
Starcom's interim losses widen as revenues remain flat
Remote tracking company Starcom turned in a first-half loss on Tuesday on the back of flat revenues and increased research and development, marketing and administration costs.
Volution trades in line despite 'significant uncertainty' in the UK
Ventilation products supplier Volution anticipates that its results for the trading year ended 31 July will be in line with expectations.
Mincon appoints Hugh McCullough as chairman
Irish engineering group Mincon made some changes to its boardroom on Tuesday, with chairman Patrick Purcell and non-executive director Hugh McCullough trading places.
Mears earnings fall following acquisition of MPS
Housing and care service provider Mears Group reported interim results in line with its expectations and previous guidance on Tuesday, with group revenues rising 10% to £480. 8m.