Latest News
US consumer price gains pick up in September, but soft at the core level
Consumer price inflation rose as expected last month but was unchanged at the core level amid falling prices for apparel and transportation services.
Netcall posts FY double-digit revenue growth
Software provider Netcall said on Tuesday that it had experienced double-digit revenue growth in the year ended 30 June despite impacts stemming from the Covid-19 pandemic.
Credit Suisse lifts Experian price target
Credit Suisse upped its price target on credit-checking firm Experian to 3,600p from 3,450p on Monday as it lifted its earnings per share estimates by 2-4% for FY22-23 to reflect strong growth in Brazilian and North American B2C.
Europe midday: Stocks come off lows after results from top US lenders
European shares are holding lower but have come off their session lows following a spate of better-than-expected earnings reports from two of the largest US lenders.
Blackrock AUM hits record high in Q3, revenues and profits top estimates
Investment manager Blackrock saw assets under management hit a new record in the third quarter of the year as a broad stock market rally helped the firm top both revenue and profit guidance.
German investor sentiment deteriorates amid Covid, Brexit woes
German investor sentiment deteriorated more than expected in October amid concerns about the Covid-19 pandemic, Brexit and the US presidential election, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
UK grocery sales rise as Covid-19 restrictions bite
UK grocery sales jumped in September, industry data showed on Tuesday, as more stringent restrictions were introduced to tackle the resurgence in Covid-19.
US pre-open: Futures mixed as Q3 earnings season kicks off
Wall Street futures were pointing to mixed open ahead of the bell on Tuesday as market participants awaited some key corporate earnings and digested news of a pause in Johnson & Johnson's Covid-19 vaccine study.
London midday: Stocks maintain losses after UK jobs data, J&J trial pause
London stocks were still a little weaker by midday on Tuesday as investors mulled disappointing UK jobs data and the pausing of a Johnson & Johnson Covid-19 vaccine trial.
Enwell Energy reports rise in Ukraine production volumes
Oil and gas exploration and production company Enwell Energy updated the market on its activities in Ukraine on Tuesday, reporting that overall production volumes in the third quarter increased around 19% year-on-year.
Chinese exports surge as global restrictions ease
China’s economy strengthened in September, government data showed on Tuesday, as Covid-19 restrictions around the world eased and both domestic and global demand picked up.
Berenberg hikes target price on XP Power
Analysts at Berenberg hiked their target price on power supply manufacturer XP Power from 4,980. 0p to 5,230. 0p on Tuesday, stating its upgrade cycle was continuing.
SSE sells energy-from-waste assets for £995m
SSE said it had agreed to sell its 50% share in two energy-from-waste ventures to a fund managed by Australia’s First Sentier Investors for £995m in cash as part of its £2bn disposal programme.
UK retail sales record biggest rise in over a decade - BRC
UK retail sales jumped to a near 11-year high in September, boosted by continued demand for home office products as well as consumers getting their Christmas shopping underway, industry data showed on Tuesday.
Asia report: Most markets higher as investors digest China trade data
Most markets in Asia finished in the green on Tuesday, as investors digested fresh trade data out of China, while trading was suspended for the day in Hong Kong.
Babcock appoints Jon Hall as chief innovation & technology officer
Aerospace and defence company Babcock has appointed Executive Committee member Jon Hall to the newly-created role of chief innovation & technology officer, with effect from 2 November.
Marshall Motors 'significantly' outperforms UK new vehicle market
Automotive retailer Marshall Motor Holdings said on Tuesday that it had continued to "significantly outperform" the UK's new vehicle market.
UK unemployment rate hits highest level in three years
The UK unemployment rate rose more than expected August, hitting its highest level in three years as the coronavirus pandemic takes its toll.
Safestay temporarily closing eight hostels, cuts senior staff costs
Hostel operator Safestay announced it was temporarily closing eight hostels on Tuesday, reducing its available bed stock to 45%, trading from eight hostels.
Universe Group appoints interim finance chief
Retail management systems supplier Universe Group announced the appointment of Carmel Warren as its interim chief financial officer on Tuesday, for an initial period of six months.