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US close: Stocks extend losses despite some solid earnings
Wall Street stocks closed lower on Tuesday as market participants ignored solid quarterly earnings reports from some of the nation's largest companies.
Wednesday preview: UK CPI, Bunzl, Netflix in focus
Wednesday's focus will be on the latest consumer price data due out in the UK.
Carbon emissions rise dramatically in recovery from pandemic, IEA warns
The annual Global Energy Review from the International Energy Agency warned of a dramatic surge in carbon emissions in 2021 as economies reopen.
EU regulator finds potential link between rare blood clotting and J&J vaccine
The European Medicines Agency said on Tuesday that Johnson & Johnson's Covid-19 vaccine may have links to rare blood- clotting cases, but assured that the benefits of the shot outweigh the risks.
Europe close: Stocks pummeled as investors rein in their bullishness
European shares slid from the record highs hit just the day before with most market commentary blaming rising numbers of Covid-19 infections around the world for the big drops.
London close: Tobacco makers lead stocks lower on US regulatory fears
London stocks were well below the waterline at the close on Tuesday, dragged down by heavy losses in tobacco makers' shares following a Wall Street Journal report that the US administration was mulling capping the level of nicotine in cigarettes.
Broker tips: Ten Entertainment, Esken, Associated British Foods
Berenberg has significantly raised its price target for Ten Entertainment Group, on expectations that the leisure operator was on course for a strong summer post lockdown.
Director dealings: Vast Resources CEO ups stake
Vast Resources revealed on Tuesday that chief executive Andrew Prelea had acquired 25. 0m ordinary shares in the AIM-listed mining company.
MaxCyte reports good performance despite Covid challenges
Cell engineering technology company MaxCyte reported a 21% year-on-year improvement in revenues in its final results on Tuesday, to $26. 2m (£18. 74m), despite the challenges of the Covid-19 pandemic.
ShoreCap stays at 'buy' on ABF, hails strong showing for Primark
Analysts at Shore Capital reiterated their 'buy' stance for shares of Associated British Foods, highlighting the strong showing for Primark stores since the UK economy began to reopen.
US open: Market participants ignore solid earnings, stocks continue on downward trajectory
Wall Street stocks were in the red again early on Tuesday as market participants ignored solid quarterly earnings reports from some of the nation's largest companies.
Sales of Johnson & Johnson Covid-19 vaccine reach $100m
Johnson & Johnson posted a jump in first-quarter revenues, including $100m from its single-shot Covid-19 vaccine.
Tuesday broker round-up
Ten Entertainment Group: Berenberg reiterates buy with a target price of 325p.
EU negotiators seek legally binding plan to cut emissions
European Union negotiators on Tuesday will attempt to close a deal on a legal framework to make the bloc’s emission targets legally binding, ahead of a summit of global powers this week.
World wants 'justice, not hegemony' - Xi Jinping
China’s president Xi Jinping has called for a shake up global governance, including challenging the existing hegemony of big countries.
Avacta reports positive data for Covid-19 test product
Diagnostics and cancer therapies developer Avacta announced positive data from the clinical validation of its ‘AffiDX’ SARS-CoV-2 antigen lateral flow test on Tuesday.
Renalytix AI upbeat on new study findings
Renalytix AI announced the findings of a new study in which the commercially-available ‘KidneyIntelX’ test accurately predicted the progression of diabetic kidney disease (DKD) in a multinational cohort from the CANagliflozin CardioVAScular Assessment Study (CANVAS), with early-stage DKD.
Canaccord Genuity keeps Esken 'under review' following disposal news
Analysts at Canaccord Genuity took a fresh look at aviation and energy company Esken on Tuesday following the group's eagerly anticipated announcement regarding the future of Stobart Air and the Carlisle Lake District Airport.
Chinese carmakers launch new EV models to take on Tesla
Chinese carmaker are challenging Tesla’s dominance in the country with a blitz of new electric models even as the US EV company unveils its plans to design tailored cars to China.
Cloud strength boosts revenues at IBM
Strong demand for cloud services has helped IBM post first-quarter revenues that came in above Wall Street expectations.