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Regulator warns Network Rail, train operators over delays
The Office of Rail and Road (ORR) published its update on Network Rail’s impact on passenger train service performance on Tuesday, issuing a warning to the state-owned infrastructure operator for its poor service in the North West and Central region of England.
US pre-open: Futures point to losses following coronavirus outbreak
US futures were pointing to losses ahead of the bell on Tuesday as traders returned from the Martin Luther King Jr Day holiday to concerns over a new strain of pneumonia in China.
Donald Trump calls for global cooperation, labels impeachment 'hoax'
America's President trumpeted the country's achievements thus far in his first presidential term while calling on all countries to work together.
Aviva chairman Adrian Montague to retire
Insurer Aviva said on Tuesday that chairman Adrian Montague will retire this year once a successor has been appointed.
UBS shares slide despite solid end to the year
Shares in UBS fell on Tuesday, after the Swiss bank pulled back on its targets despite a strong finish to the year.
Jefferies downgrades Spire Healthcare after re-rating
Jefferies downgraded its stance on shares of private healthcare provider Spire Healthcare to ‘underperform’ on Tuesday, as it said the rally since 3 October, when it upgraded to ‘hold’, gives an "unfavourable risk/reward" to the stock.
Black Friday timing partly to blame as Joules revenue declines
Clothing retailer Joules posted a decline interim revenue on Tuesday, pinning the blame partly on the timing of Black Friday.
Corero books record order intake during H2
Network security firm Corero booked a record order intake during the second half of 2019, alongside some strong recurring revenue growth and an order book pipeline that underpinned its outlook for 2020.
Trade truce sees investor sentiment soar in Germany
German economic sentiment has surged to a near five-year high, research published on Tuesday showed, as trade tensions between China and the US began to thaw.
London midday: Stocks fall further as pound firms after jobs data
London stocks had fallen further into the red by midday on Tuesday, dragged lower by worries about the spread of coronavirus in China and a stronger pound, as solid UK jobs data weakened the case for a rate cut by the Bank of England.
Camellia warns on profits following tea over-production
Agriculture and horticulture group Camellia cautioned on Tuesday that over-production of tea globally in 2018 was expected to weigh heavily on its results for 2019.
7digital surges following update on 'year of transformation'
Shares in digital music solutions provider 7digital surged on Tuesday morning after providing an update on its transformational trading year.
ADVFN warns on interim revenues; to cut headcount
Financial information provider ADVFN on Tuesday warned first-half sales were forecast to come in below expectations and it would be cutting jobs to reduce costs.
UK employment rate hits record high
The UK employment rate has hit another fresh high, official data showed on Tuesday, after a boom in the number of women in work.
IoD urges Johnson to clarify Brexit deal strategy
UK business leaders urged the government to clarify its negotiating aims for the next stage of Brexit talks so they can prepare for a new relationship with the European Union.
Asia report: Most markets lower as Moody's cuts rating on Hong Kong
Markets in Asia were mostly in the red on Tuesday, led lower by stocks in Hong Kong, after Moody’s cut its rating on the city.
Europe open: Stocks retreat as selling in Asia spills over
Stocks on the Continent have started the session on the back foot, with selling in Asia spilling over into the European session, amid a host of concerns.
Roche gets conditional approval in Europe for lymphoma therapy
Roche announced on Tuesday that the European Commission has granted conditional marketing authorisation for ‘Polivy’ (polatuzumab vedotin), in combination with bendamustine plus ‘MabThera’ (rituximab), for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma who were not candidates for a haematopoietic stem cell transplant.
Renew Infra acquires Blary Hill Energy
Renewable energy infrastructure group Renew Infra has exchanged contracts to buy Blary Hill Energy, with the rights to construct a 35MW wind farm located on the Kintyre Peninsula in West Scotland.