Latest News
Gem Diamonds updates FY guidance as average carat prices fall
Gem Diamonds rejigged its 2019 guidance on Tuesday as it reported a 10% drop in third-quarter carats sold and said the mining licence for the Letseng mine in Lesotho has been renewed.
Brexit uncertainty undermines UK services sector
The UK services sector stagnated in October, as companies awaited resolution over Britain’s departure from the European Union.
Trainline loss widens despite ticket sales growth
Online ticket seller Trainline on Tuesday reported wider interim losses as listing costs overshadowed strong ticket sales and revenue growth.
Topps Tiles CEO Matt Williams to step down
Tile specialist Topps Tiles said on Tuesday that chief executive Matt Williams has decided to step down from the board on 29 November following the release of the company’s full-year results.
Euromoney signals forecast-beating full-year results
Business information provider Euromoney Institutional Investor updated the market on its strategic review and its trading for the year ended 30 September on Tuesday, having announced the review of its asset management segment made up of the Institutional Investor, BCA Research and NDR businesses on 10 September.
Imperial Brands profits hit by 'tough' NGP trading
Imperial Brands posted a decline in full-year profit on Tuesday despite a rise in revenue, amid "tough" trading in its next generation products, as it announced the appointment of a new chairman.
October retail sales boosted by heavy discounting - BRC
UK retail sales ticked higher in October, boosted by heavy discounting, according to figures released by the British Retail Consortium and KPMG on Tuesday.
Europe open: Markets flat as Pandora and Siemens Gamesa dive
European stocks were flat on Tuesday morning as disappointing corporate updates from the likes of Pandora and Siemens Gamesa overshadowed growing optimism over a US-China trade deal.
Ryanair traffic up 5% in October
Budget airline Ryanair reported a 5% jump in October passenger numbers on Tuesday.
London open: Stocks nudge up ahead of services PMI; gambling sector still weak
Mining stocks rallied again on Tuesday amid growing optimism over a US-China trade deal, but the Footsie was just a touch higher overall following solid gains in the previous session, as investors awaited the release of key UK services data.
Weir Group issues profits warning for oil & gas unit
Oil and mining services company Weir Group on Tuesday issued a profits warning for its oil and gas division as US customers deferred orders in the third quarter.
National Grid US boss Dean Seavers steps down
National Grid said on Tuesday that Dean Seavers will step down as president of the company's US business with immediate effect for personal reasons.
Primark and grocery helps lift AB Foods, Euromoney flags results above expectations
London open The FTSE 100 is expected to open 17 points higher on Tuesday, having closed up 0. 92% at 7,369. 69 on Monday.
London pre-open: Stocks to rise amid trade optmism; UK services PMI eyed
London stocks looked set to gain at the open on Tuesday amid growing optimism over a China-US trade deal.
Primark, grocery help AB Foods post 2% profit rise
Associated British Foods reported a rise in adjusted full year profits as its Primark and grocery businesses offset a sharp fall in sugar earnings.
Tuesday newspaper round-up: Thomas Cook, Goldman Sachs, Mothercare
MPs have criticised the government for failing to follow through on plans to rein in corporate excess, in a report examining the failure of 178-year-old tour operator Thomas Cook. Following an inquiry cut short by plans for a general election, the business, energy and industrial strategy select committee called on ministers to move faster to reform the audit profession, strengthen corporate governance and curb executive pay. – Guardian.
US close: Wall Street sees record highs as trade optimism grows
All three of Wall Street's main market gauges hit fresh record highs on Monday, as investors grew increasingly optimistic that a trade deal will be struck between the US and China.