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Inflation target reflects 'pre-crisis world', says Bank of England rate-setter
A member of the Bank of England’s interest rate setting committee has said the current inflation target reflected a “pre-crisis world”.
Selfridges bucks trend as annual sales light up
High end department store Selfridges & Co has shrugged off the chilly conditions on the UK high street to post a jump in annual sales.
Canaccord lowers price target on SIG following profit warning
Analysts at Canaccord Genuity lowered their target price on building materials firm SIG from 133p to 107p on Tuesday following the group's recent profit warning.
Sterling slumps as Brexit deal hopes fade
Sterling tumbled on Tuesday as hopes of a Brexit deal faded, hitting a one-month low against the euro amid reports that Downing Street now deems a deal "essentially impossible".
JP Morgan raises target price on Vodafone
Analysts at JP Morgan raised their price target on telco giant Vodafone to 225p from 209p on Tuesday, pointing to the group's move to begin monetising its towers and the approval of its Liberty Global deal as their key reasoning.
Tuesday broker round up
National Grid: Deutsche Bank upgrades to buy with a target price of 930p.
US mulling restrictions on pension funds looking to invest in China - report
The White House is considering curbing US government pension funds investing in China, according to reports.
Deutsche Bank plans to cut 9,000 jobs in Germany, Bloomberg says
Around half of Deutsche Bank's planned 18,000 job cuts will be in Germany, according to a source cited by Bloomberg on Tuesday.
US blacklists Chinese tech firms ahead of crunch trade talks
America has blacklisted eight Chinese technology firms over their alleged involvement in human rights abuses.
Europe midday: Markets fall as investors await China's response to US blacklisting of AI firms
European stocks were lower at lunchtime on Tuesday after the US blacklisted 28 Chinese companies just three days before the next round of trade negotiations and amid reports that the Chinese delegation might cut its visit short by a day, denting hopes of a deal.
Countrywide appoints Bruce Marsh as COO
Countrywide has appointed Bruce Marsh as its new chief operating officer.
Asia report: Markets rise even as trade concern grows
Markets in Asia were higher across the board on Tuesday, as traders in China returned from an extended holiday, but there was still consternation abound as to the direction of high-level trade talks between the United States and China, set to kick off later in the week.
US pre-open: Futures point to further losses as US blacklists Chinese AI firms
US futures had stocks opening lower yet again on Tuesday after the US expanded its trade blacklist to include China's top artificial intelligence firms.
NFIB's small business optimism index falls in September
The National Federation of Independent Business' small business optimism index revealed that confidence among small-business owners fell in September, mainly due to the impact of tariffs and uncertainty about the future of the US economy.
Hong Kong Exchanges abandons LSE bid
Hong Kong Exchanges and Clearing said on Tuesday that it was ditching its £32bn offer for the London Stock Exchange.
Extinction Rebellion protesters glue themselves to Home Office and DfT
Extinction Rebellion activists glued themselves to the Department for Transport and the Home Office as part of two weeks of protests against climate change which are expected to include further demonstrations at other government buildings.
Debt to soar if UK crashes out of Europe without a deal, think tank warns
A leading think tank has warned that even a “relatively benign” no-deal Brexit would damage the UK economy, pushing debt up to levels not seen since the 1960s.
Crossword signs chemical firm up to 'Rizikon Assurance' tool
Technology commercialisation company Crossword Cybersecurity announced today the signing of a two-year contract with an unnamed FTSE 250 chemical manufacturer on Tuesday.
Altyn releases 'important upgrade' to Sekisovskoye resources and reserves
Altyn announced the results of the latest independent competent person’s report for the Sekisovskoye Mine on Tuesday, which included an “important upgrade” to its mineral resources and ore reserves estimates.
London midday: Stocks go red but weak pound keeps lid on losses
London stocks had moved into the red by midday on Tuesday as optimism over upcoming Sino-US trade talks faded, but a weaker pound kept a lid on losses as hopes of a Brexit deal dimmed.