Latest News
Amazon in talks to buy MGM for $9bn - reports
Amazon is understood to be in talks to acquire MGM for $9bn, as the online giant looks to further bolster its growing presence in content and streaming.
Wednesday preview: Fed minutes, Experian Group in focus
The focus in financial markets on Wednesday will be the release of the April Federal Reserve meeting minutes.
London close: Better-than-expected jobs data keep stocks in the green
London stocks managed to squeeze out a positive finish on Tuesday, following better-than-expected UK jobs data earlier.
Europe close: Stocks end on mixed note, but off session lows
European stocks finished on a mixed note on Tuesday, but off their worst levels, as investors cheered the ongoing relaxation of Covid-19 restrictions and positive earnings updates from across the Pond.
Broker tips: Vistry, BP
Analysts at Berenberg raised their target price on construction firm Vistry from 1,270. 0p to 1,490. 0p on Tuesday, stating the group had continued to close the valuation gap.
IEA urges halt to fossil fuel investments to meet emissions targets
The International Energy Agency said on Tuesday that investment in fossil fuels must stop immediately in order to develop an energy sector with net-zero emissions by 2050.
EU proposes unified tax rules for companies
The European Union's executive arm on Tuesday adopted a plan to unify company taxation across its 27 member states.
Natwest has the most to gain from an early hike in Bank Rate, BofA says
NatWest stands to gain the most from stronger activity in the UK housing market, analysts at Bank of America said.
Director dealings: Vodafone chairman makes share purchase
Vodafone revealed on Tuesday that chairman Jean-François van Boxmeer had acquired 305,000 ordinary shares in the FTSE 100-listed telco.
CPP Group offloads German card protection business
Financial and insurance services company CPP Group has sold CPP Germany, its German card protection legacy business, to banking, retail and leisure value-adding specialist Mehrwerk, it announced on Tuesday.
Escape Hunt narrows loss despite Covid-19 closures
Escape Hunt reported a group adjusted EBITDA loss of £1. 4m in its final results on Tuesday, narrowing from a loss of £1. 7m in the prior year, despite Covid-19 restrictions shuttering its locations for much of the period.
FTSE 100 movers: Imperial Brands up after results; Vodafone slides
London’s FTSE 100 was up 0. 1% at 7,039. 08 in afternoon trade on Tuesday.
Second half trading underpins result for Sanderson Design Group
Interior design and furnishings company Sanderson Design Group reported revenue of £93. 8m in its final results on Tuesday, down from £111. 5m year-on-year, which it put down to a “difficult” global marketplace in the first half caused by the effects of Covid-19 lockdowns globally.
US open: Stocks mixed following solid earnings from big-box retailers
Wall Street stocks were mixed early on Tuesday following some solid earnings from Walmart, Home Depot and Macy's.
FTSE 250 movers: Oxford Biomedica surges; Homeserve falls
London’s FTSE 250 was up 0. 6% at 22,350. 90 in afternoon trade on Tuesday.
Lamborghini pledges to launch fully-electric car by 2030
Italian supercar maker Lamborghini announced on Tuesday that it will launch a fully-electric car by 2030.
Barclays names BP 'top pick'
Barclays has named BP its 'top pick' in the European integrated energy sector, arguing that the investment case for the oil major has been largely misunderstood.
US says China refuses bilateral talks on nuclear weapons
China is resisting bilateral talks with the United States on nuclear weapons, the US disarmament ambassador told a UN conference on Tuesday.
US housing starts drop in April, contrary to 'raging housing boom' narrative
US homebuilders broke ground on far fewer new homes than expected last month.