Digital music rights company One Media iP Group has acquired the writer’s share to the royalties of more than 250 tracks of Kid Creole and the Coconuts, an American band created by August Darnell.
Doorstep lender Provident Financial said on Tuesday that a review of its consumer credit division (CCD) is nearing completion and the outcome will be announced with its full-year results next week.
Drugmaker Pfizer posted first-quarter earnings and revenues that came in ahead of Wall Street expectations on Tuesday, with the group upping full-year guidance on the back of strong sales of its Covid-19 vaccine.
Wall Street futures were mixed ahead of the bell on Tuesday after the Dow Jones and S&P 500 saw out the previous session in the green.
Mortgage borrowing surged to an all-time high in March, official data showed on Tuesday, as the UK property market continued to boom.
London stocks were still in the black by midday on Tuesday, with the FTSE 100 back above 7,000 thanks to strength in the travel sector and solid manufacturing figures.
European shares held gains in choppy late morning trade on Tuesday with mining and travel stocks driving the market.
Babcock International is preparing the sale of its rail business, it was reported on Tuesday, the opening salvo in a company-wide divestment programme.
Consumer products manufacturer Supreme said on Tuesday that full-year adjusted underlying earnings had come in ahead of expectations, driven by a strong performance across several key growth categories.
Student accommodation provider Unite Group said on Tuesday that it has extended its joint venture with Singapore sovereign wealth fund GIC by 10 years to September 2032.
Flooring business Victoria said on Tuesday that it acquired Netherlands-based artificial grass and carpets distributor Edel Group for a total cash consideration of €49. 4m.
The UK manufacturing sector surged in April, a closely-watched industry survey showed on Tuesday, but disruptions to the supply chain continued to cast a shadow.
Markets in Asia closed in higher on Tuesday, with a number of bourses closed for holidays, as Australia’s central bank held firm on monetary policy.
LondonMetric has completed its £380m private debt placement, with a blended maturity of 11. 1 years and a blended coupon of 2. 27%.
Mike Ashley-controlled Frasers Group said it was starting a share buyback of up to £60m to reduce its share capital.
JPMorgan Cazenove upgraded shares of British Airways owner IAG on Tuesday to ‘overweight’ from ‘neutral’ as it said that while 2021 is expected to remain very challenging, the prospects for 2022 onwards "look promising as global air travel starts to normalise".
Bar operator Nightcap has agreed to acquire the Adventure Bar Group, it announced on Tuesday, including the entire issued share capital of +Venture Battersea, Adventure Bars Mid and Adventure Bars Luna Digbeth.
Media group Live Company said on Tuesday that it has subscribed for a non-controlling stake in online art and digital art sales platform Start Art Global.
Next Fifteen Communications has acquired a controlling interest in technology-focussed capital markets advisory business Blueshirt Capital Advisors (BCA), it announced on Tuesday.
Energy storage and clean fuel company ITM Power announced the establishment of ITM Motive as a separate, wholly-owned subsidiary of ITM Power on Tuesday.