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RWS nets $11.65m from warranty insurance claim
Language, intellectual property support and localisation specialist RWS confirmed receipt of $11. 65m (£9. 09m) following a successful insurance claim on Tuesday.
Revenue and earnings fall in first half for iGas
Onshore oil and gas exploration and production company iGas Energy reported revenues of £10. 5m for its first half on Tuesday, falling from £21. 2m year-on-year.
Learning Technologies delivers 'resilient' H1 performance
Digital learning services group Learning Technologies said on Tuesday that it had delivered a "resilient performance" in the first half of 2020 despite the ongoing Covid-19 pandemic.
Inspecs swings to loss in first half amid Covid crisis
Eyewear designer and manufacturer Inspecs Group reported revenue of $16. 7m (£13. 05m) for its first half on Tuesday, down from $30. 4m year-on-year.
Open Orphan subsidiary wins 'important' new contract
Pharmaceutical contract research organisation Open Orphan secured an "important" new contract to support an unnamed European client via its French subsidiary, Venn Life Sciences.
Sigma Capital launches joint venture with EQT Real Estate
Residential development and urban regeneration firm Sigma Capital has launched a joint venture with EQT Real Estate to deliver "high quality, new-build homes" for private rental in Greater London.
Urban Exposure losses widen as it winds down operations
Urban Exposure reported a loss before tax of £24. 1m in its first half on Tuesday, widening from a loss of £0. 3m year-on-year.
Europe open: Shares steady despite new Covid restrictions
European stocks were steadier on Tuesday after a sell-off in the previous three sessions despite weaker travel and insurance sectors over concerns of new coronavirus restrictions in the UK and higher claims provisions.
Tritax Big Box disposes of three assets
Real estate investment trust Tritax Big Box disposed of three assets on Tuesday for a total consideration of £77. 0m.
Countryside launches new London framework with Sigma Capital
Countryside Properties expanded its strategic relationship with private rental sector provider Sigma Capital, it announced on Tuesday, launching a new London framework.
London open: Stocks rise after Monday's selloff; Kingfisher rallies
London stocks rose in early trade on Tuesday following the worst selloff since June in the previous session.
Euromoney FY profit to top consensus expectations
Euromoney said on Tuesday that pre-tax profit for the year to the end of September 2020 is set to be ahead of consensus expectations, thanks to strong cost management and a robust subscriptions performance.
Strong second quarter recovery sees Kingfisher profits rise
Kingfisher reported a “resilient” first half performance on Tuesday, with its sales falling 1. 1% at constant currencies to £5. 9bn, reflecting the impact of Covid-19 in the first quarter, partially offset by a “strong” recovery in the second quarter.
Beazley expects Covid-19 claims to double to $340m
Beazley said on Tuesday that Covid-19 claims are set to be twice what it previously expected, mainly due to event cancellation losses.
Whitbread to cut 6,000 jobs as Covid-19 batters sales
Hotel and restaurant chain Whitbread said it was cutting 6,000 jobs after suffering a slump in trading due to the coronavirus pandemic.
London pre-open: Stocks to rise after selloff; new restrictions set to be announced
London stocks were se to rise at the open on Tuesday following the worst selloff since June in the previous session, with Prime Minister Boris Johnson set to announce new Covid-19 restrictions.
TUI reduces winter programme further, Kingfisher profits rise in first half
London open The FTSE 100 is expected to open 27 points higher on Tuesday, having closed down 3. 38% at 5,804. 29 on Monday.
Tuesday newspaper round-up: Curfews, J Crew, NMC Health
Pubs, bars and restaurants in England will have to shut by 10pm from Thursday under new nationwide restrictions to halt an “exponential” rise in coronavirus cases. Police have also been handed powers to issue £1,000 fines and make arrests to enforce 2 metre social distancing in pubs and restaurants, the Guardian has learned. Boris Johnson is expected to make an address to the nation on Tuesday setting out the new measures. - Guardian.