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Senior Chinese government officials fired over coronavirus crisis
The Chinese government “removed” several senior officials from their posts over the way they dealt with the new deadly coronavirus outbreak that has killed over 1,000 people already.
Sprint soars after US judge approves merger with T-Mobile
Shares of telecommunications carrier Sprint were catapulted higher after a US judge gave the thumbs-up to its plans for a merger with T-Mobile.
Credit Suisse initiates coverage of UK banks; HSBC named top pick
Credit Suisse has initiated full coverage of the UK banking sector, upgrading HSBC to ‘outperform’ in the process.
Barclays ups rating on Boohoo to 'overweight'
Barclays has upgraded its recommendation for Boohoo, predicting that strong earnings momentum at the online fashion brand is set to continue.
N4 Pharma shares rise on partnership with Nanomerics
Specialist pharmaceutical company N4 Pharma has signed a 14-month research collaboration with Nanomerics to produce and test two candidate formulations using its ‘Nuvec’ delivery system, it announced on Tuesday.
Hong Kong's Link pulls out of Intu fundraising talks
Intu Properties shares plunged after a big potential investor pulled out of talks to provide fresh funds, throwing the shopping centre operator's survival plans into doubt.
Diurnal narrows loss as it progresses drugs to market
Speciality pharmaceutical company Diurnal Group narrowed its first-half loss by 53% to £4. 6m, it announced on Tuesday, which it said reflected improved revenues and a reduction in clinical development expenses for the period.
Proteome Sciences posts stronger-than-expected Q4 sales
Contract proteomics services provider Proteome Sciences said on Tuesday that it had recorded stronger-than-expected sales of TMT and TMTpro in the fourth quarter of 2019.
Canaccord cuts target for Jupiter Fund Management on M&A risk
Canaccord Genuity cut its target price for shares of Jupiter Fund Management from 415. 0p to 362. 0p after the firm modified its capital allocation policy to include inorganic growth - before dividends.
FTSE 100 movers: TUI rallies on update; NMC Health slumps again
London’s FTSE 100 was up 0. 8% at 7,504. 42 in afternoon trade on Tuesday.
Tesla boosts solar tile roof installations in US and considers expansion
Tesla has ramped up the installation of solar tile roofs in the San Francisco Bay area and is considering expansion to China and to Europe.
Smartspace software to feature in Evoko panels
SmartSpace Software is providing the software for Swedish company Evoko's latest range of meeting room panels.
Cruise ship rejected by four nations over coronavirus fears
The Holland America Line cruise was rejected by Thailand on Monday, the fourth country to turn it away from its ports due to coronavirus contagion fears.
US pre-open: Futures point to positive open as coronavirus fears take a back seat
US futures were pointing to some early gains ahead of the bell on Tuesday as Wall Street continued to shrug off worries regarding the economic impact of the Wuhan coronavirus outbreak.
RBC Capital downgrades Antofagasta, Rio Tinto
RBC Capital Markets has cut its rating on both Antofagasta and Rio Tinto as the coronavirus outbreak weighs down global demand for commodities.
Arena Events sees decent revenue and earnings growth in first six months
Arena Events Group released its unaudited interim results for the six months ended 31 December on Tuesday, reporting a 16% year-on-year improvement in revenue to £92. 7m.
Tuesday broker round up
Rio Tinto: RBC Capital Markets downgrades to underperform with a target price of 3,300p.
US small business optimism improves in January
The National Federation of Independent Business' small-business optimism index rebounded from a slight decline at the end of 2019, rising to 104. 3 points in January from the 102. 7 recorded a month earlier.
ShoreCap stays at 'buy' on TUI Group after 'exceptional' start to Q1
Analysts at ShoreCap stood by their 'buy' recommendation for shares of TUI Group following the travel operator's first quarter update, despite its wider guidance range for 2020 operating profits.
Daimler slashes dividend as annual profits slump
Daimler reported a more than 60% dive in annual profits on Tuesday, as the emissions scandal and the ongoing switch away from diesel vehicles rocked the German car giant.