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JPJ Group in line with guidance ahead of Gamesys integration
Bingo operator JPJ Group reported a “strong” financial performance in its first half on Tuesday, with gaming revenue rising 14% year-on-year to £169. 5m, which it said was driven by strong organic growth at its ‘Vera&John’ brand.
E-therapeutics to collaborate with unnamed pharma giant
E-therapeutics announced an agreement to work with an unnamed “global top five pharmaceutical company” on Tuesday, on a project in a specific area of biology associated with neurodegenerative diseases.
German investor sentiment deteriorates significantly in August - ZEW
German investor sentiment deteriorated a lot more than expected in August as worries about Sino-US trade tensions and a possible no-deal Brexit took their toll, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Connect Group performance below par as it struggles with capital strategy
Publishing distributor Connect Group updated the market on its trading on Tuesday, reporting that since its interim financial results on 1 May, overall trading was “slightly below” market expectations.
UK wage growth hits best level in more than a decade
The UK unemployment rate ticked a little higher in June, but wages picked up to their best level in more than decade.
Bango inks deal with streaming giant Spotify
Mobile commerce company Bango has entered into a business partnership with music streaming giant Spotify, it announced on Tuesday, in a bid to increase access to the audio streaming subscription service.
HydroDec sells off Australian plant and equipment in deal with Greenbottle
Industrial oil re-refining company HydroDec Group announced the disposal of its Australian plant and equipment, and an agreement to licence certain other rights with regards to those assets, to Greenbottle Re-refining UK on Tuesday.
Marshall Motor profit drops but interim dividend hiked
Automotive retailer Marshall Motor posted a drop in first-half profit on Tuesday amid "challenging" market conditions and cost headwinds, but hiked its dividend and backed its expectations for the full year.
Tui Q3 hit by Boeing MAX groundings, Brexit worries
Travel and tourism operator Tui reported a sharp fall in third quarter earnings as it maintained its outlook for the full year and said it would focus on emerging economies "with growing middles classes".
London open: Stocks edge lower ahead of jobs data; TUI rallies after results
London stocks edged lower in early trade on Tuesday amid ongoing concerns about Sino-US trade relations and protests in Hong Kong, as investors eyed the latest batch of key UK jobs data.
Transense enters joint collaboration agreement with Bridgestone
Industrial, mining and transportation sensor provider Transense Technologies announced a joint collaboration agreement with Japan’s Bridgestone Corporation on Tuesday.
Plus500 profit slumps amid low volatility; share buyback launched
Online trading platform Plus500 reported a slump in interim profit on Tuesday, dented by regulatory changes and a lack of volatility, as the company announced a share buyback of up to $50m.
Bank of Georgia signs $50m trade finance facility with Citi
Bank of Georgia Group announced on Tuesday that its bank subsidiary, JSC Bank of Georgia, has signed a one-year $50m trade finance facility with Citi.
Polypipe H1 profit and revenue boosted by acquisitions
Polypipe posted a rise in first-half pre-tax tax profit and revenue as it benefited from recent acquisitions and lower cost.
Card Factory H1 sales rise 5.5% in 'challenging' environment
Card Factory reported a 5. 5% rise in group sales for the six months to July 31 as it reiterated guidance for the full year, and said costs had risen as it stockpiled ahead of Brexit.
Card Factory sales rise; Polypipe H1 profit and revenue boosted by acquisitions
London open The FTSE 100 was called to open 10 points higher at 7,236.
London pre-open: Stocks to edge higher ahead of jobs data
London stocks were set to edge higher at the open on Tuesday as investors eyed the latest batch of key UK jobs data.
Tuesday newspaper round-up: Business rates, National Grid, Brexit
More than 50 major UK retailers, including Marks & Spencer, Harrods and Iceland, have demanded tax cuts from the government to safeguard the future of the high street amid intense pressure from online rivals. In a letter to the chancellor, Sajid Javid, the bosses of some of the nation’s biggest retail chains called for an urgent reform of the business rates system, which taxes companies based on the buildings they occupy. – Guardian.