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Tuesday newspaper round-up: Channel 4, fuel crisis, Monzo
The UK fuel crisis could run another week, fuel retailers have warned, as military tanker drivers took to the roads to relieve pressure on petrol stations. One in five forecourts in London and the south-east of England were still out of fuel on Monday, according to the Petrol Retailers Association, compared with just 8% across the rest of the country, where the shortage appears to be almost over. - Guardian.
Johnson & Johnson seeks approval for Covid-19 jab booster
Johnson & Johnson is seeking regulatory approval in the US for a booster shot for its Covid-19 jab.
US close: Dow Jones almost reverses Monday's losses
Wall Street stocks closed higher on Tuesday following heavy losses in the previous session.
US open: Dow reverses Monday's losses at the bell
Wall Street stocks were in the green shortly after the opening bell on Tuesday following heavy losses in the previous session.
Wednesday preview: US jobs market, Tesco on investors' minds
Investors' minds on Wednesday are likely to be on the US jobs market as consultancy ADP releases its closely-followed private sector payrolls report.
Broker tips: The Gym Group, Moneysupermarket
Analyst at Berenberg raised their target price on gym operator the Gym Group from 230. 0p to 290. 0p on Tuesday, stating "encouraging momentum" was now emerging.
Europe close: Stocks buck early losses to finish higher, banks gain
European stocks bucked overnight losses on Wall Street and Asia to rally on Tuesday, helped by better-than-expected readings for key surveys on services activity on both sides of the Pond.
London close: Greggs steams ahead on positive day for stocks
London stocks managed a positive finish on Tuesday, as markets on both sides of the pond gained, with a strong showing from bakery chain Greggs after it lifted its outlook.
Director dealings: Severfield chairman ups stake
Severfield revealed on Tuesday that chairman Kevin Whiteman had acquired 65,619 ordinary shares in the London-listed structural steel specialist.
Metal Tiger invests in Sandfire entitlement rights
Natural resources investor Metal Tiger has completed its entitlement rights investment in Sandfire Resources, it announced on Tuesday, having subscribed for and received 3,300,690 new fully-paid ordinary Sandfire shares for a total cost of AUD 17. 82m (£9. 53m).
Yellen warns of recession risk if federal debt ceiling is not raised
US Treasury chief Janet Yellen warned Congress that the economy was prone to falling into a recession if lawmakers failed to raise the federal debt limit and avert a default on the country´s debt.
Jet2 orders a further 15 Airbus neo aircraft
Jet2 said on Tuesday that it has agreed to buy a further 15 new Airbus A321 neo aircraft.
Social media company Crisp Thinking said to explore sale
Shareholders in Leeds-based social media company Crisp Thinking have reportedly appointed investment bank Lazard to advise on a sale of at least part of the group's equity.
MySale beats market expectations on full-year earnings
Australia and New Zealand-focussed online retailer MySale reported a “materially-improved” underlying profitability and strong operational performance in its final results on Tuesday, as revenue slipped to AUD 117. 9m (£63m) from AUD 131m.
FTSE 250 movers: Greggs surges after lifting outlook; Elementis falls
London’s FTSE 250 was up 0. 5% at 22,770. 42 in afternoon trade on Tuesday.
JD Sports recommends 5 for 1 share split
JD Sports Fashion said on Tuesday that it was recommending a 5 for 1 share split.
FTSE 100 movers: JD Sports gains; Melrose in the red
London’s FTSE 100 was up 0. 8% at 7,070. 24 in afternoon trade on Tuesday.
Altitude Group ropes in Graham Feltham as new finance chief
Personalised products marketplace operator Altitude Group announced the appointment of Graham Feltham as chief financial officer on Tuesday, being appointed to the board with immediate effect.
IMF chief warns of upcoming trim to global growth forecast
The International Monetary Fund indicated that it was taking the clippers to its growth forecast for 2021 on Tuesday, with its head warning that the global economy was still being “hobbled” by the Covid-19 pandemic.
Altus Strategies rises on nee Tabakorole resource estimate
Altus Strategies announced on Tuesday that an updated independent mineral resource estimate had been prepared under the JORC code for the Tabakorole gold project in southern Mali.