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Ferguson FY profit rises as US house market recovers
Plumbing and heating products supplier Ferguson on Tuesday posted a rise in annual profits and warned that it also expected a tapering in the second half of the current year on tougher comparatives.
Greencoat buys Andershaw windfarm for £121m
Greencoat Wind UK said it was buying the Andershaw wind farm in the UK from Norway's Statkraft for £121m.
EasyJet £1.2bn rights issue 93% subscribed
Budget airline easyJet said its rights issue to raise £1. 2bn was 93% subscribed as it looked to bolster its balance sheet as it emerges from the Covid-19 pandemic.
Tuesday newspaper round-up: Wise, National Lottery, Octopus Energy
The billionaire chief executive of the money transfer provider Wise has been fined hundreds of thousands of pounds by HMRC for deliberately defaulting on his taxes, The Telegraph can reveal. Kristo Kaarmann, the Estonian co-founder of Wise, was charged £365,651 for a deliberate default during the 2017/18 tax year on a £720,495 tax bill. - Telegraph.
Go-Ahead loses Southeastern franchise as CFO quits
Go-Ahead has lost the Southeastern rail franchise, repaid the government £25m owed under the contract and parted company with its finance chief.
Lego profit surges to a record
Lego's first-half profit more than doubled to a record as the Danish toymaker emerged as a winner from the Covid-19 crisis.
Pfizer reports positive results from children's Covid-19 trial
Pfizer and BioNTech have reported positive results from their trial of a Covid-19 vaccine for children aged 5-12.
UK motorists drain petrol pumps as panic continues
UK motorists are continuing to panic-buy petrol leaving filling stations empty within hours of fuel arriving, the petrol station trade body said.
Asia report: Markets mixed as economists trim China growth forecasts
Markets in Asia closed in a mixed state on Tuesday, as oil prices crossed the $80-a-barrel threshold, with economists taking the secateurs to their growth forecasts for China.
Card Factory on track after resilient first half
Card Factory said on Tuesday it was “cautiously optimistic” for the second half, despite the uncertainty about the speed of the recovery, after interim numbers met expectations.
Oil passes $80 per barrel for first time in three years
Benchmark oil prices have pushed past $80 a barrel for the first time in three years, as concerns about possible shortages grow.
AG Barr toasts 'record' first-half profits
Irn-Bru owner AG Barr hailed “positive momentum” across its core brands in the first half, as hospitality re-opened and demand picked up post lockdown.
Petershill to be valued at £4bn in London listing
Petershill Partners will be valued at £4bn when it floats on the London Stock Exchange, the company said on Tuesday.
Cost pressures feed into UK retail prices
Retail prices are rising as cost pressures feed into consumers' shopping baskets with more to come, industry figures showed.
US close: Stocks slide as bond yields continue to rise
Wall Street stocks closed lower across the board on Tuesday as rising bond yields, negative data points, and testimony from Federal Reserve chairman Jerome Powell all weighed on the market.
US open: Stocks record heavy losses at the bell
Wall Street stocks were in the red at the open on Tuesday as rising bond yields, negative data points, and testimony from Federal Reserve chairman Jerome Powell all weighed on the market.
Wednesday preview: UK consumer lending, Next in focus
Financial markets' focus in the middle of the week will shift to the UK, where consumer lending figures for August are due out.
London close: Stocks weaker as possible winter energy crisis looms
London stocks closed in negative territory on Tuesday, amid worries about inflation and Chinese power shortages, with investors looking to a testimony from Federal Reserve chair Jerome Powell across the pond.
Europe close: Tech shares sell-off as bond yields climb going into quarter's end
European shares slumped on Tuesday as worries over rising government bond yields and an economic slowdown in China hit investor sentiment.
Director dealings: Everyman Media CEO ups stake
Everyman Media revealed on Tuesday that chief executive Alex Scrimgeour had acquired 44,191 ordinary shares in the AIM-listed cinema operator.