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Ministers face dilemma on funding reform of UK social care system
Ministers risk being accused of making an “intergenerational raid” on taxpayers to fund the soaring cost of social care in the UK, according to financial analysts.
Rolls-Royce shares offer 'significant long-term value', says Citi
Shares of engine maker Rolls-Royce offer "significant long-term value", Citi said on Tuesday.
Philip Morris posts earnings beat despite falling short of revenue expectations
Tobacco giant Philip Morris International posted a second-quarter net income of $2. 17bn on Tuesday, up from $1. 95bn a year earlier.
Supreme reports good trading after annual profit rises
Supreme said it made a good start to the year as the consumer goods group reported increased profit for its first annual results as a public company.
Trading on track at Wise
Fintech Wise said trading was in line with expectations on Tuesday, as it provided its first update as a public company.
Jefferies believes Delta may be less lethal than other variants
Analysts at Jefferies believe the so-called Delta variant may be less lethal, even if more transmissible, than earlier variants of the virus - although not everyone is onboard with that notion.
Bitcoin falls below $30,000 for the first time in a month
Bitcoin came under further pressure on Tuesday as the cryptocurrency fell below $30,000 for the first time since late June.
London midday: Stocks up but off highs as Covid worries persist
London stocks were off earlier highs but still in the black by midday on Tuesday, recovering some ground following heavy losses in the previous session but with rising Covid cases still weighing on investors' minds.
Sanderson Design trading beats expectations
Sanderson Design said first-half trading was ahead of expectations after sales were boosted by pent-up demand and increased interest in British-made products after Brexit.
Uniphar acquires Germany-based CoRRect Medical
Uniphar announced the acquisition of CoRRect Medical on Tuesday, which it described as a Germany-based company that specialises in the commercialisation and distribution of medical device products, in the interventional cardiology sector across Germany and Switzerland.
Boku flags bumper year after solid first half
Mobile payments and identity technology company Boku updated the market on its first half on Tuesday, saying that group Revenues the period were expected to be at least $34m (£24. 94m), making for a year-on-year increase of 37%.
Asia report: Region joins global rout, China holds interest rates
Most markets in Asia joined the global march downwards on Tuesday, as China’s central bank kept its benchmark interest rates on hold, as expected.
UBS blows past analysts Q2 estimates, announces $600m share buyback
UBS blew past analysts' forecasts for the second quarter on the back of a strong performance at both its wealth management and investment banking arms.
Europe midday: Covid, inflation worries take the bounce out of rebound
European shares slipped back from early gains as the persistent twin threats of rising Covid cases and inflation continued to weigh on investors' minds.
US pre-open: Futures in the green following Monday's heavy sell-off
Wall Street futures were in the green ahead of the bell on Tuesday as major indices looked set to crawl back some of the heavy losses recorded in the previous session.
Carnival bringing more ships back into operation
Carnival said has confirmed it was bringing more ships back into operation for cruises in September and October from US ports but also cancelled other departures.
Pent-up demand boosts trading at Young & Co
Trading at Young & Co’s Brewery has beaten management expectations, the pub chain said on Tuesday, as lockdown restrictions eased and customers returned.
Canaccord Genuity remains positive on Begbies Traynor
Analysts at Canaccord Genuity slightly lowered their target price on corporate restructuring specialist Begbies Traynor from 170. 0p to 163. 0p on Tuesday despite the firm beating expectations in both of its divisions.
Wilmington says FY trading ahead of expectations
Wilmington said on Tuesday that it ended the year ahead of expectations in terms of revenue, adjusted pre-tax profit and net debt.
UK grocery sales fall as lockdown restrictions ease
UK grocery sales have fallen, industry research showed on Tuesday, as lockdown restrictions continued to ease and football fans went out to watch Euro 2020.