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Wednesday preview: ECB, Technology in focus
Financial markets' attention on Wednesday will be on the European Central Bank.
Intel to sell NAND memory operations to SK Hynix for $9bn
Semiconductor giant Intel has clinched a deal to hive away its NAND flash memory unit to South Korea's SK Hynix for approximately $9bn.
Procter & Gamble Q1 revenues lifted by Covid-19 demand
Household products manufacturer Procter & Gamble saw first-quarter revenues rise on the back of increased demand for its cleaning and laundry products amid the Covid-19 pandemic.
Trainline CEO Gilmartin to step down
Shares in rail and coach booking platform Trainline fell more than 12% on Tuesday morning after the group revealed that chief executive Clare Gilmartin would be stepping down from both the role and its board at the end of February 2021.
US close: Stocks close higher as Pelosi and Mnuchin continue stimulus talks
Wall Street stocks closed higher on Tuesday as House Speaker Nancy Pelosi said her and Treasury Secretary Steven Mnuchin were making progress in their ongoing stimulus talks.
Boohoo chairman buys 300,000 shares after auditor quits
Boohoo's chairman and co-founder has bought 300,000 of its shares in a bid to demonstrate confidence in the company after its auditor quit.
London close: Stocks manage gains amid continued Covid concerns
London stocks closed in positive territory on Tuesday, helped along by a strong showing from the likes of IAG and Rolls-Royce, although ongoing concerns about the coronavirus pandemic and the looming US stimulus deadline meant gains were unspectacular.
Europe close: Dax clobbered by losses for tech and gains for euro, periphery stocks higher
Shares in Europe finished on a decidedly mixed note despite hopes for a new fiscal package in the States and further positive news on the pandemic front.
Didi considering $60bn 2021 Hong Kong IPO
Chinese ride-hailing firm Didi Chuxing is considering the Hong Kong stock exchange for its initial public offering next year after discarding the option of a New York listing due to rising tensions between Beijing and Washington.
Director dealings: Superdry CEO ups stake
Superdry revealed on Tuesday that chief executive Julian Dunkerton had acquired 29,216 ordinary shares in the FTSE 250-listed closing group.
Broker tips: Next, GB Group, Scotgold
Barclays initiated coverage on shares of retailer Next at ‘overweight’ on Tuesday, with a 7,200. 0p price target.
FDA accepts Angle's review submission for Parsortix PC1
Liquid biopsy company Angle announced on Tuesday that the US Food and Drug Administration (FDA) has completed its administrative review, and accepted the company’s submission for substantive review.
Sector movers: Technology misses out on gains for cyclicals
Cyclicals were again helping to buoy the FTSE 350 on Tuesday, although this time around it was Industrial Transportation, Real Estate Investment Trusts and Media that were doing best.
Symphony confirms financing for Eranova algae project
Symphony Environmental Technologies reported further progress on the Eranova green algae project on Tuesday, with completion of a €6m (£5. 49m) financing.
FTSE 250 movers: Britvic fizzes higher; Bellway loses ground
London’s FTSE 250 was up 0. 5% at 17,951. 04 in afternoon trade on Tuesday.
Escape Hunt buys out Dubai franchisee
Escape room-based leisure operator Escape Hunt has acquired its Middle East master franchise partner, Escape Hunt Entertainment (EHE), subject to the formal registration of the sale, expected on 22 October.
US open: Stocks higher as Pelosi's stimulus deadline draws near
Wall Street stocks opened higher on Tuesday as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were said to have "continued to narrow their differences" in ongoing stimulus talks.
Brussels and London mull restarting Brexit talks - reports
Speculation is growing that London and Brussels are gearing up to resume stalled trade talks, despite prime minister Boris Johnson warning the UK to prepare for a no-deal Brexit.
US Treasury yields edge higher on reports lawmakers closer to stimulus deal
Stocks on Wall Street are bouncing back and Treasury yields inching higher following reports that lawmakers in the US were narrowing their differences on a fourth fiscal stimulus package.
FTSE 100 movers: Rolls-Royce, IAG rally on Heathrow Covid test
London’s FTSE 100 was up 0. 4% at 5,910. 22 in afternoon trade on Tuesday.