Latest News
Indivior teams up with Aelis on treatment for cannabis use disorder
Indivior said on Tuesday that it has teamed up with French biotechnology group Aelis to advance the clinical development of a treatment for cannabis use disorder.
Berenberg raises target price on B&M following FY results
Analysts at Berenberg raised their target price on discount retailer B&M Bargains from 600. 0p to 625. 0p on Tuesday after having delivered full-year results ahead of expectations, driven by a surge of demand in the last few weeks of the quarter.
Vast majority of Covid-19 patients hospitalised were unvaccinated
The overwhelming majority of Britons admitted to hospital after infection with the so-called Delta strain of Covid-19 were unvaccinated.
US pre-open: Futures mixed as major indices search for direction ahead of Thursday's CPI reading
Wall Street futures were mixed ahead of the bell on Tuesday as major indices seemed to be searching for direction ahead of key inflation data set to be released later in the week.
Goldman cuts Lufthansa to 'sell', upgrades easyJet
Goldman Sachs has overhauled its European airline coverage, upgrading easyJet to ‘buy’ but downgrading British Airways owner International Airlines Group and Lufthansa.
Eurozone economic decline shallower than forecast
Eurozone gross domestic product nudged lower in the first quarter following a slump in consumer spending, official data showed on Tuesday.
Major websites disrupted by content network outage
Major parts of the internet were out of action for a short period on Tuesday morning, with the UK government’s web presence among the global websites offline.
Retail marketing group itim aims to float in London
Itim Group is looking to float on AIM to raise the monies needed to fund its next stage of growth amid the ongoing structural shifts in the retail sector.
German economic expectations drop but current view strengthens
German economic expectations unexpectedly weakened in June but views on the country's economic situation strengthened and beat forecasts.
London midday: Stocks just in the black as investors mull reopening delay
London stocks were just in the black by midday on Tuesday, helped along by some well-received earnings but with sentiment hit by reports that the lifting of lockdown measures could be delayed by up to a month.
Europe midday: Shares flat as German data, UK Covid fears worry investors
European stocks were flat at midday on Tuesday as weak German industrial output data kept a check on sentiment.
Aviva rallies as activist investor Cevian builds 5% stake
Aviva shares rallied on Tuesday after activist investor Cevian Capital said it had built a 4. 95% stake in the insurer and called on it to return £5bn to shareholders next year.
Samsung banks on EU 5G orders to grow network equipment business
Samsung Electronics is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said on Tuesday.
Intercede reports third year of 'sustainable growth'
Digital identity, credential management and security company Intercede reported its third year of “sustainable growth” in revenues, profits and cash in its final results on Tuesday.
Tokyo warns locals pose bigger Covid danger than Olympic visitors
The biggest Covid-19 danger to the Tokyo Olympics are the locals, said experts studying the event on Tuesday.
Nvidia asks Chinese regulators for approval of $40bn Arm deal
Nvidia Corp submitted an application to Chinese competition regulators to review its proposed $40bn takeover of UK chip designer Arm, the Financial Times reported on Tuesday,.
Clothes, grooming and gift sales rise as restrictions ease - Barclaycard
UK consumers spent more on clothes, personal grooming and gifts in May as groups of people were allowed to meet again and leisure venues reopened, a survey showed.
Feedback FY revenues slip amid 'difficult year' for healthcare sector
Medical imaging technology company Feedback said on Tuesday that full-year trading had met management expectations despite a decline in annual revenues, with the group securing its first commercial contract for its flagship product Bleepa despite 2020 being "a difficult year" for the healthcare sector.
Underlying profit narrows in first half at Driver Group
Engineering and construction consultancy Driver Group reported an underlying profit before tax of £1. 0m for its first-half on Tuesday, narrowing from £1. 3m year-on-year, resulting in an underlying profit before tax margin of 4%, in line with the prior year.
Air cargo demand up 12% in April from pre-Covid levels
Global air cargo demand rose 12% in April compared with pre-pandemic levels in 2019, led by a strong performance in North America, industry data revealed on Tuesday.