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30 Jun
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Uber in talks to buy Postmates for $2.6bn - report

Shares in Uber Technologies jumped on Tuesday after the US company was reported to be in talks to acquire rival delivery service Postmates for $2. 6bn.

30 Jun
London Stock Exchange, markets, traders, trading, City, shares
London midday: Stocks fall after GDP data; Covid worries weigh

London stocks had fallen a little further into the red by midday on Tuesday after the release of weaker-than-expected GDP figures and amid ongoing concerns about the coronavirus pandemic.

30 Jun
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Asia report: Markets advance as China beats manufacturing forecasts

Markets in Asia finished higher on Tuesday, as fresh data on China’s manufacturing sector showed growth above expectations.

30 Jun
m&c mc saatchi
M&C Saatchi says Covid-19 impact less than expected

M&C Saatchi said the impact of Covid-19 was not as severe as expected and that it expected a successful result from talks to relax covenant limits for its bank loans.

30 Jun
cambridge
Cambridge Cognition order intake nearly doubles in H1

Software group Cambridge Cognition has seen its order intake almost double in the six months ended 30 June following the company's switch in focus to having a more diversified portfolio and its efforts to commercialise new products.

30 Jun
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Euro area CPI edges past forecasts in May, core inflation drifts lower

Price pressures in the single currency bloc edged higher last month but nearly half its members remained in deflation.

30 Jun
rotork, valve,
Rotork warns on profits as orders, revenue slump

Industrial instruments maker Rotork on Tuesday warned on interim profits as the coronavirus pandemic hit demand for its products globally.

30 Jun
redrow
Redrow warns of full year profits hit as it scales back London ops

Housebuilder Redrow said annual profits would be “substantially” lower after scaling back its London operations and factoring in the impact of Covid-19.

30 Jun
Shell to write down assets by up to $22bn after review

Shell said it planned to write down the value of its assets by up to $22bn after lowering its outlook for oil and gas prices amid the Covid-19 pandemic.

30 Jun
whitbread premier
Berenberg cuts target price on Whitbread ahead of UK restart

Analysts at Berenberg slashed their target price on hotelier Whitbread from 3,000. 0p to 2,400. 0p on Tuesday as the group primed itself to reopen following Covid-19 lockdowns and associated travel restrictions.

30 Jun
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Sage names Cath Keers as CMO

Newcastle-based software company Sage appointed Cath Keers as chief marketing officer on Tuesday.

30 Jun
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IDE Group delays FY results

IT managed services provider IDE Group delayed its full-year results until 31 July on Tuesday after its annual audit dragged on longer than expected due to Downing Street's Covid-19 lockdown.

30 Jun
tesco, grocery, supermarket
Staffline sees losses widen after "challenging" 2019

Staffline reported a slide in revenues on Tuesday, after the recruitment and training specialist battled “challenging” trading conditions throughout 2019.

30 Jun
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Vianet yea-to-date losses 'comfortably' lower than anticipated

Data and business insight provider Vianet said on Tuesday that its "proactive response" to the management of Covid-19 had led to a "very encouraging" performance in the first two months of the financial year, with losses "comfortably" lower than anticipated.

30 Jun
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Civitas raises dividend target, NAV grows

Real estate investment trust Civitas Social Housing slightly upped its FY dividend target on Tuesday following a small increase to the group's net asset value.

30 Jun
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Europe open: Upbeat economic data offset Covid-19 worries at quarter's end

Stocks across the Continent are little changed at the end of the quarter despite the release of some significantly better-than-expected readings on the economy in Europe and from overseas.

30 Jun
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Trakm8's June device shipments rise after contract wins

Trakm8 Holdings said device shipments rose in June after two new contracts offset the impact of Covid-19 on the wider market for fleet telematics and data.

30 Jun
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IronRidge gets new exploration licence in Ghana

Africa-focussed mineral exploration company IronRidge Resources announced on Tuesday that its wholly-owned Ghanaian entity, Green Metals Resources, has been granted the Mankessim South exploration licence in Ghana.

30 Jun
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Predator prepared for extension of Morocco lockdown

Trinidad, Morocco and Ireland-focussed oil and gas company Predator Oil & Gas updated the market on Tuesday, following an announcement from Moroccan authorities the Covid-19 state of emergency in the country was being extended to 10 July.

30 Jun
UK GDP suffers biggest fall in 40 years amid Covid-19 crisis

The UK economy recorded its largest contraction in more than four decades, official figures revealed on Tuesday, as consumers cut spending in the first few days of the coronavirus lockdown.