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FirstGroup faces shareholder battle over $4.6bn US deal
FirstGroup has urged investors to back the sale of two US businesses after its largest shareholder said it would vote against the deal.
Vivendi mulls sale of additional 10% in Universal Music
French media giant Vivendi is considering selling an additional 10% of record label Universal Music Group.
Fund managers 'unambiguously' bullish says BofA, Bitcoin in a bubble
Global fund managers were "unambiguously" 'bullish' in May although there was a "hint" of defensiveness in the air, said equity strategists at Bank of America.
Marks & Spencer promotes Machin, Bickerstaffe to joint COOs
Marks & Spencer said on Tuesday that it has promoted Katie Bickerstaffe and Stuart Machin to the roles of joint chief operating officers as it announced a shake-up of its leadership team's responsibilities.
Accrol FY earnings in line despite weaker-than-expected sales growth
Tissue convertor Accrol said on Tuesday that adjusted earnings were projected to be in line with expectations, despite a lower than anticipated increase in sales resulting from consumer Covid-19 panic-buying in the early stages of the pandemic.
Minds + Machines 2020 revenues fall, new year even lower
Internet domain name registry company Minds + Machines reported revenue of $16. 83m (£11. 84m) in its final results on Tuesday, down from $17. 23m in the prior year.
French government leads bail-out of Eurostar operator
Cross-channel passenger train operator Eurostar International has been bailed out, it was revealed on Tuesday, after the French government led a consortium of banks and shareholders in securing a £250m refinancing package for the company.
US pre-open: Futures in the green after solid earnings from Home Depot and Macy's
Wall Street futures were in the green ahead of the bell on Tuesday following solid earnings from Home Depot and Macy's and a rebound in tech stocks.
Sterling trades above $1.42 after UK jobs data
Sterling traded above $1. 42 on Tuesday for the first time since February, boosted by better-than-expected UK jobs data.
Wal Mart more optimistic than at the start of 2021, shares jump
Walmart blew past analysts' forecasts for its first quarter and sounded a confident note on the outlook.
Lockdown measures weigh on interim numbers at Topps Tiles
Topps Tiles reported a dip in interim revenues on Tuesday, after bumper trading was curtailed by the re-introduction of lockdown measures.
Home Depot posts stronger-than-expected Q1 sales and profits
Shares of Home Depot were advancing before the opening bell in New York after the company blew the doors off Street estimates for its first quarter.
Europe midday: Shares up, but off morning highs, on reopening optimism
European stocks were still up at midday on Tuesday, but off morning highs, as investors were cheered by the relaxation of Covid-19 restrictions and a falling UK unemployment rate.
London midday: Stocks in the black after jobs data
London stocks were still in the black by midday on Tuesday following better-than-expected UK jobs data.
Euro area trade surplus in goods narrows sharply in March
The Eurozone's foreign trade surplus in goods with the rest of the world narrowed significantly in March, amid a jump in imports.
Asia report: Stocks higher, Japan economy shrinks in first quarter
Markets in Asia closed in positive territory on Tuesday, as investors digested the latest economic data out of Japan, as well as the minutes from the most recent meeting of Australia’s central bank.
Vodafone full-year earnings slip on lower roaming revenue, handset sales
Mobile telecoms company Vodafone reported lower-than-expected adjusted core earnings on Tuesday as Covid travel restrictions hit roaming revenues and handset sales fell.
Australian court rules Deliveroo subjected worker to 'harsh, unjust and unreasonable' treatment
Australia’s Fair Work Commission ruled on Tuesday that a Deliveroo rider who was unfairly dismissed was an employee and not a contractor.
Electric scooter rentals to launch in London in June
Lime, Tier and Dott are set to run e-scooter trials in London in June this year after the city’s transport regulators said Tuesday that electric kick scooters would be allowed to drive around the capital.
Hyve 'cautiously optimistic' as lockdown restrictions ease
Global lockdown restrictions caused interim revenues to tumble at Hyve Group, but the events specialist said it remained ‘cautiously optimistic’ for the rest of 2021 as the sector began to reopen.