Latest News
Ryanair traffic jumps 6% in November
Budget airline Ryanair reported a 6% jump in November traffic on Tuesday.
Solid State hikes interim dividend after profits soar
Solid State boosted its half-year payout on Tuesday as it reported a surge in interim profit following a strong performance from its manufacturing segment.
Arc Minerals takes controlling stake in Zaco
Africa-focussed exploration junior Arc Minerals acquired a further 5% interest in copper and cobalt miner Zaco on Tuesday, giving the group a controlling stake in the firm.
Europe open: Markets rise despite US tariff threat; French luxury stocks fall
European stocks were higher on Tuesday morning as they recovered from heavy losses in the previous session, though the threat of new US tariffs sent French luxury stocks into the red.
UK retail sales pick up in November - BRC
Britons hit the High Street at an accelerated pace in November, when excluding distortions caused by the late timing of Black Friday, according to the British Retail Consortium.
Blackbird strikes two-year deal with new customer Eleven Sports
Cloud video editing platform provider Blackbird has been chosen by Eleven Sports for the rapid editing and publishing of sports content to fans online, the company announced on Tuesday, with the contract running for two years.
Genedrive upbeat on latest results from RNR1 kit testing
Near-patient molecular diagnostics company Genedrive announced on Tuesday that in its case-control clinical validation, the antibiotic-induced hearing loss assay - the ‘Genedrive MT-RNR1 ID’ kit - achieved a diagnostic sensitivity of 100% and specificity of 100% on a cohort of 303 samples.
Renalytix AI gets national Medicare pricing for 'KidneyIntelX' in US
Artificial intelligence-enabled kidney disease diagnostics provider Renalytix AI announced on Tuesday that the Centers for Medicare and Medicaid Services (CMS) has released the final 2020 Clinical Laboratory Fee Schedule (CLFS), and has set a national price for its ‘KidneyIntelX’ test in the United States.
WANdisco secures $1m in renewal and expansion contracts
Live data company WANdisco signed renewal and expansion contracts worth roughly $1m on Tuesday as the group continued to see customers look to its Fusion technology as an enabler of their expanding requirements.
Cineworld warns on FY trading due to 'weaker box office'
Cineworld warned on Tuesday that full-year trading will be "slightly below" management’s expectations due a "weaker full year box office".
Ferguson on target as US operations spur profit growth
Ferguson said on Tuesday that trading was in line with expectations, with improvements in the US driving a jump in first-quarter profit and revenue.
KEFI Minerals reports 'excellent start' to testing at Hawiah
Ethiopia and Saudi Arabia-focussed gold exploration and development company KEFI Minerals reported further encouraging assay results from the drilling programme at its Hawiah Exploration Licence in Saudi Arabia on Tuesday.
Hedge funds drop objections to Inmarsat takeover
Inmarsat shareholders contesting a $3. 4bn takeover of the satellite firm by private investors have dropped their objections ahead of a court hearing on Tuesday, the company said.
London open: Stocks nudge lower amid trade concerns; sterling rallies
London stocks nudged a touch lower in early trade on Tuesday, with miners under pressure amid trade concerns, while sterling strengthened.
AstraZeneca sells Seroquel rights in US and Canada
AstraZeneca has agreed to sell the commercial rights to ‘Seroquel’ - quetiapine fumarate immediate release - and ‘Seroquel XR’ - quetiapine fumarate extended release - in the United States and Canada to Cheplapharm Arzneimittel, it announced on Tuesday.
Boohoo hails record Black Friday sales
Online fast fashion retailer Boohoo said on Tuesday that it achieved record sales over the Black Friday weekend.
NewRiver gobbles up Bravo Inns pubco, Ferguson posts first quarter growth
London open The FTSE 100 is expected to open three points lower on Tuesday, having closed down 0. 82% at 7,285. 94 on Monday.
Tuesday newspaper round-up: TSB, Trump, Virgin Atlantic, Lendy
Bosses at TSB will have their bonuses docked for failing to meet gender balance targets intended to raise the number of women in senior roles by 2020. It is the latest blow for the leadership team at the bank, which is cutting jobs and closing branches as it seeks to drive down costs and move on from its IT meltdown last year. – Guardian.
London pre-open: Stocks to recover ahead of construction PMI
London stocks were set to rise at the open on Tuesday following heavy losses in the previous session, as investors eyed the release of the latest construction PMI.
Wizz Air November passenger numbers take off by 24%
Low-cost carrier Wizz Air said November passenger numbers grew by 23. 9% year on year to 2. 97m as its load factor rose by 1. 6 percentage points to 92. 8%.