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US pre-open: Futures slightly higher ahead of retail earnings, Fed speakers
Wall Street futures traded slightly higher ahead of the bell on Tuesday as market participants looked ahead to speeches from a number of central bankers.
ShoreCap stays at 'buy' for GSK, points to significant discount versus peers
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of GSK despite news that its Blenrep treatment against multiple myeloma was set to be withdrawn from the US Market.
Europe midday: Shares rally on vibrant energy stocks
European shares rallied further on Tuesday on the back of energy stocks as Saudi Arabia dismissed a report that it was planning a rise in oil output.
London midday: FTSE maintains gains as energy shares rally
London stocks were still firmly in the black by midday on Tuesday, with energy shares pacing the gains as oil prices recovered.
UK faces harshest downturn of major economies - OECD
The UK is on track to be the worst-performing G20 country in the next two years apart from Russia, according to the latest economic forecasts from the OECD.
Euro area current account falls into the red in September
The euro area's current account fell into the red during the month of September.
Canaccord Genuity lowers target price on Restore
Analysts at Canaccord Genuity lowered their target price on mission-critical services provider Restore from 645. 0p to 590. 0p on Tuesday, stating that cost impacts had somewhat offset building momentum.
Cryptos suffer on speculation of a possible Genesis bankruptcy
Cryptocurrencies continue with their particular ordeal due to all the consequences of the FTX bankruptcy. In the market there is insistent speculation about the possible bankruptcy of digital asset broker Genesis, and that is contributing to Bitcoin and Ethereum falling further. The former is now trading below $16,000 ($15,664) and the latter below $1,100 ($1,085).
Vodafone chief commercial officer to step down
Vodafone said on Tuesday that group chief commercial officer Alex Froment-Curtil is planning to leave the company to return to France with his family "for an external opportunity in another industry" effective 31 December.
Oxford Biomedica taps Frank Mathias as its new CEO
Gene and cell therapy specialist Oxford Biomedica announced the appointment of Dr Frank Mathias as its new chief executive officer and a board director on Tuesday, effective from March.
RBC Capital upgrades SSE on windfall tax clarity
RBC Capital Markets upgraded SSE on Tuesday to ‘outperform’ from ‘sector perform’ and lifted the price target to 2,050p from 1,825p as it pointed to clarity over windfall taxes.
Carr's Group to miss reporting deadline, shares fall
Shares in Carr’s Group fell sharply on Tuesday, after the agriculture and engineering specialist warned publication of its full-year results would be delayed, leaving the stock at risk of suspension.
Assura reports 'strong' first half amid macro uncertainties
Care property developer and investor Assura reported a 3% rise in its first-half passing rent roll on Tuesday, to £139. 3m, with a weighted average unexpired lease term of 11. 5 years.
Avon Protection pleased with second half despite armour headwinds
Avon Protection reported a “strong” second half recovery in its preliminary results on Tuesday, as its order intake slipped to $280. 1m from $282. 7m year-on-year.
Chinese buyers pause some purchases of Russian crude ahead of price cap details
Chinese buyers of Russian Eastern Siberia Pacific Ocean crude oil had paused their purchases ahead of the expected announcement of Washington's proposed oil price cap.
Asia report: Stocks mixed as China concerns still weigh
Stocks were mixed by the close in Asia on Tuesday, with Hong Kong leading the losses as concerns over a new rise in Covid-19 infections in China dragged on sentiment.
Petershill Partners sees 'strong' fundraising activity in Q3
Investment firm Petershill Partners said on Tuesday that it had seen "strong" fundraising activity amid a "challenging environment" during the third quarter.
TBC Bank tumbles as EBRD sells stake in placing
TBC Bank tumbled on Tuesday after the European Bank for Reconstruction & Development sold 850,000 shares in the Georgian lender in an accelerated bookbuild.
Softcat performs 'well' in Q1
IT infrastructure firm Softcat said on Tuesday that it had "performed well" during the three months ended 31 October, with demand remaining "strong" and customer behaviour across all segments unchanged from trends seen in the previous year.
Europe open: Shares up as Saudis quash oil output rise report
European shares edged ahead at the open on Tuesday as investors continued to fret about rising Covid cases in China that could lead to strict lockdowns, but energy stocks rose as Saudi Arabia dismissed a report that it was planning a rise in output.