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America's shortfall on trade in goods widens more than expected in August
America's shortfall on trade in goods with the rest of the world was a bit worse than anticipated.
IATA downgrades 2020 forecasts after 'worst-ever' summer
The International Air Transport Association has cut its traffic forecasts for 2020 after a “dismal” end to the northern hemisphere’s summer travel season.
Smith & Nephew to buy Integra LifeSciences' extremity orthopaedics business
Smith & Nephew has agreed to buy the extremity orthopaedics business of Integra LifeSciences for $240m.
Synectics lowers guidance as casino sector struggles
Security and surveillance technology company Synectics updated the market on its trading on Tuesday, reporting that the Covid-19 pandemic had continued to impact activity across all of its markets, but had particularly affected its largest market sector, global casinos and gaming.
Aviation group Menzies expects revenues to level-off, free cash flow quadruples
Aviation support services John Menzies saw sales fall by a third and deep losses at the half-year stage, but predicted that top-line growth was set to level off over the backhalf of 2020 while profitability was set to benefit from "more significant contributions from various government support programmes".
Card Factory swings to a half-year loss
Card Factory became the latest retailer to reveal a tumble into the red on Tuesday, after Covid-19 shut stores and dented trading during key periods, including Mother’s Day and Easter.
Berenberg downgrades Next, says structural pressures not priced in
Berenberg downgraded Next to ‘sell’ from ‘hold’ on Tuesday as it took a look at the retail sector.
Acacia Research buys 11.8% stake in Sensyne Health
US-based Acacia Research has acquired LF Equity Income Fund's 11. 8% stake in AIM-listed artificial intelligence specialist Sensyne Health.
Covid-19 pushes Hotel Chocolat into the red
Hotel Chocolat Group swung to a full-year loss, the chocolatier confirmed on Tuesday, after the Covid-19 pandemic closed stores over the key Easter period.
London midday: Stocks slightly lower ahead of key presidential debate Stateside
London stocks edged lower in early trade on Tuesday with investors choosing to sit on their hands ahead of an eagerly-awaited televised debate in the evening between US President Donald Trump and the Democratic contender for the White House, Joe Biden.
Nokia wins contract for UK 5G network
Nokia secured a deal to supply radio equipment for the UK’s new 5G network alongside BT, the company announced on Tuesday.
AA extends takeover deadline, interim revenues stall
The AA has extended a deadline for takeover talks, the breakdown and insurance specialist confirmed on Tuesday, as it reiterated full-year guidance despite a slide in interim revenues and profits.
Tesco sets sales for plant-based meat substitutes at 300%
Tesco is set to become the first UK retailer to set sales targets for meat alternatives that are plant-based.
Services drive improvement in euro area economic sentiment in September
Economic sentiment within the single currency bloc picked up last month, with confidence improving across all sectors of the economy, especially in services.
Mortgage approvals surge to 13-year high
Mortgage approvals soared to a near 13-year high in August, official data showed on Tuesday, as the stamp duty holiday helped further boost pent-up demand.
Tesla's Musk doubles down on plans for Starlink IPO
Tesla boss Elon Musk doubled down on the firm's promise to let retail investors in on the initial public offering of its space-based internet business, Starlink.
Asia report: Markets mixed as Covid deaths top 1m
Markets in Asia finished in a mixed state on Tuesday, as investors digested the latest developments in the global coronavirus pandemic, with confirmation overnight that worldwide deaths had now topped one million.
Burford Capital on final approach to NYSE dual listing
Law-focussed finance and asset management firm Burford Capital announced on Tuesday that the US Securities and Exchange Commission (SEC) has completed its review of its Form 20-F registration statement in preparation for its dual listing on the New York Stock Exchange.
ScS swings to FY loss but reports sales surge after lockdown
Sofa chain ScS swung to an annual loss due to the coronavirus lockdown, but reported a huge rise in sales at the end of the financial year as measures were eased.
Pendragon narrows losses in tough first half
Pendragon reported a 43. 4% fall in like-for-like group revenue in its first half on Tuesday, to £1. 22bn.