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US close: Major indices end session lower
Wall Street stocks closed lower on Tuesday after seeing out the previous session at a record high.
Iran warns of retaliation if Trump goes ahead with strike
The Iranian government warned the US against launching a military strike following reports that President Donald Trump asked for the available options last week to attacking Iran’s main nuclear site.
Wednesday preview: Brexit, British Land in the spotlight
The market spotlight on Wednesday will shift back towards the Continent and Brexit as leaders from the European Union meet via videoconference.
Europe close: Stocks end on mixed note as investors pause for breath
European shares finished the session on a mixed note as some investors took profits and the euphoria over test results from a second Covid-19 vaccine fizzled out.
London close: Stocks finish weaker as investors take their profits
London stocks finished weaker on Tuesday, following another vaccine-inspired rally in the previous session, underperforming their European peers as sterling gained ground.
Tekcapital raises £0.38m to advance Guident, Salarius
Intellectual property investment company Tekcapital has raised £0. 38m, it announced on Tuesday, to allow its Guident and Salarius investments to take advantage of new opportunities.
US industrial production outstrips forecasts despite drag from oil
Industrial production in the US bounded ahead last month, led by gains in factory and utilities output, even as softness in the oil patch dragged on mining.
FTSE 250 movers: SSP hit by downgrade; Clarkson gains
London’s FTSE 250 was down 0. 7% at 19,464. 83 in afternoon trade on Tuesday.
Director dealings: Derwent London chairman makes share sale
Derwent London revealed on Tuesday that chairman John Burns had disposed of 163,000 ordinary shares in the FTSE 250-listed property investor and developer.
US retail sales undershoot forecasts in September and October
US retail sales undershot forecasts in September and October as incomes fell, the mercury dropped and the pandemic strengthened.
US open: Stocks head south following yesterday's record setting session
Wall Street stocks opened lower on Tuesday after clinching a brand new record close in the previous session.
FTSE 100 movers: IAG flies lower; ICG rallies on results
London’s FTSE 100 was down 1. 6% at 6,316. 52 in afternoon trade on Tuesday.
Blue Prism flags 'strong' full-year performance
Automation specialist Blue Prism announced a “strong” full-year performance in a trading update on Tuesday, despite Covid-19 headwinds, with full-year bookings of £180m contributing to an expected 40% growth in revenues, in line with consensus expectations.
Sainsbury's confirms 'very preliminary' expressions of interest in banking arm
Sainsbury’s said on Tuesday that it has received "some very preliminary expressions of interest" in its banking unit.
Co-Op Bank receives preliminary takeover approach
The Co-Operative Bank has received a possible takeover approach, the hedge fund-owned lender revealed on Tuesday.
FCA urges lenders to support mortgage customers hit by Covid-19
The Financial Conduct Authority has banned lenders from repossessing homes until February 2021 and extended mortgage payment holidays, it was confirmed on Tuesday.
Intercede wins follow-on order of $2.8m
Identity, credential management and security technology company Intercede announced a follow-on purchase order of $2. 8m on Tuesday.
Ferguson buys two US businesses
Plumbing and heating products distributor Ferguson has bought US-based heating, ventilation and air conditioning wholesale distributor Old Dominion and geotextile company Atlantic Construction Fabrics (ACF) for an undisclosed sum.
Upper Crust owner SSP slumps on MS downgrade
Shares of Upper Crust owner SSP slid on Tuesday after Morgan Stanley downgraded the stock to ‘equalweight’ from ‘overweight’ and cut the price target to 320p from 330p following the recent vaccine-inspired rally.