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Asia report: Markets mixed as China services sector grows
Markets in Asia closed in a mixed state on Tuesday, as Australia’s central bank sated market expectations by standing pat on its monetary policy, while data showed growth in China’s services sector.
Eurozone unemployment rate steady in February
The eurozone unemployment rate remained stable in February, according to figures released on Tuesday by Eurostat.
Peacocks rescue deal agreed, 200 stores saved
Fast fashion retailer Peacocks has been rescued, it was revealed on Tuesday, although half of its physical stores would be shuttered under the deal.
China services recovery accelerates in March
The recovery in China’s services sector accelerated in March, according to figures released on Tuesday.
Redcentric outlines 'excellent' FY trading amid revenue growth
IT managed services provider Redcentric said on Tuesday that full-year trading had been "excellent", with revenues growing, healthy profitability and exceptional cash flows.
Ryanair traffic slides 91% in March as travel restrictions bite
Ryanair traffic slumped 91% in March as it continues to take a hit from Covid-related restrictions, the budget airline said on Tuesday.
Argentex FY revenues in line with expectations following 'significant improvement' in H2
Foreign exchange services firm Argentex Group expects to report revenues in line with expectations due to "a significant improvement in trading" during the second half of the financial year.
Totally's urgent care division secures £17.8m worth of contract extensions
Healthcare services provider Totally's urgent care division has been awarded a number of contract extensions worth a total of roughly £17. 8m.
Heads roll at Credit Suisse after Archegos blowup
Heads rolled at Credit Suisse at the start of the week as the investment bank announced a multi-billion dollar writedown tied to the meltdown at family office Archegos Capital Management.
Oncimmune secures contracts with Roche and Cedars-Sinai
Immunodiagnostics group Oncimmune said on Tuesday that it had signed two separate agreements for the use of its newly developed and proprietary Infectious Disease panel with Roche Pharmaceuticals and Cedars-Sinai Medical Center.
UK regulator could restrict use of AstraZeneca vaccine in under-30s
The Medicines and Healthcare Products Regulatory Agency stated it was yet to make any decision regarding the University of Oxford and AstraZeneca's Covid-19 vaccine amid reports that it was considering restricting use of the vaccine in younger people.
Europe open: Shares hit record highs on recovery optimism
European shares hit record highs at the opening on Tuesday, after a surge on Wall Street overnight driven by optimism over a global economic recovery from the Covid-19 crisis and US stimulus spending.
London open: Stocks rally on strong US cues
London stocks rose in early trade on Tuesday, taking their cue from a record session on Wall Street.
Travel stocks brush off possible delays in reopening of non-essential travel
London-listed travel stocks were taking news that the UK's planned lifting of restrictions on non-essential travel could be pushed back in their stride.
Oxford Biomedica strikes three-year deal with Boehringer Ingelheim
Gene and cell therapy company Oxford Biomedica has signed a new three-year development and supply agreement with Boehringer Ingelheim, it announced on Tuesday, for the manufacture and supply of various types of viral vectors.
Sage selling Swiss business for £39m
Software company Sage Group has entered into an agreement for the sale of its Swiss business to HR software provider Infoniqa, it announced on Tuesday, which is majority-owned by Warburg Pincus.
Tullow Oil starts multi-well drilling campaign offshore Ghana
Tullow Oil has started a multi-year, multi-well drilling campaign offshore Ghana, drilling the first well at the Jubilee Field on Monday.
Wizz Air carries 40% more passengers in March but load factor drops
Discount carrier Wizz Air saw the number or travellers that it carried jump by nearly half last month, but the outfit's load factor dropped as it added capacity even more quickly.
London pre-open: Stocks seen up on positive Wall St cues
London stocks were set for a higher open on Tuesday after the bank holiday weekend, following a record session on Wall Street.
BP set to hit debt target in first quarter, Sage agrees sale of Swiss business
London open The FTSE 100 is expected to open 12 points lower on Tuesday, having closed up 0. 35% on Thursday at 6,757. 30 before the long Easter weekend.