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US house prices near record highs as growth picks up
Urban house-price growth in the US accelerated to its highest level in 16 months in February, according to data out on Tuesday from S&P CoreLogic Case-Shiller, with prices at or near all-time highs.
Deutsche Bank starts coverage of Fevertree, Britvic at 'buy'
Deutsche Bank initiated coverage of drinks companies Fevertree and Britvic on Tuesday with ‘buy’ rating.
US Employment Cost Index rises more quickly than expected in Q1
The cost in the U. S. of employing workers picked up modestly at the start of 2024 amid a jump in benefits.
First-quarter earnings fizz at Coca-Cola
The Coca-Cola Company lifted its annual sales forecast on Tuesday, after first-quarter numbers at the US giant topped expectations.
McDonald's delivers mixed Q1 results
Fast food giant McDonald's delivered mixed first-quarter results on Tuesday as restructuring costs weighed on profits.
Pebble Group maintains consistent trading in year to date
Promotional products commerce and services specialist the Pebble Group said in a trading update on Tuesday that in the year to date, it had maintained a financial performance consistent with the same period in 2023.
Webis launches new WatchandWager web property
Webis, a company specialising in pool wagering and the operator of WatchandWager Cal Expo, the Californian harness track, announced the successful launch of its new website for its advanced deposit wagering (ADW) business WatchandWager. com on Tuesday.
Northamber acquires Basingstoke-based business
IT solutions and audiovisual products distributor Northamber has acquired Tempura Technology and Tempura Communications following a share purchase agreement that was exchanged and completed on Monday.
Spain's BBVA approaches rival Sabadell regarding possible merger
Spain's second-largest lender BBVA has expressed its renewed interest in a takeover of its smaller rival Banco Sabadell.
Haleon too shut Maidenhead factory, putting 435 jobs at risk
Haleon, the British healthcare company behind brands like Sensodyne and Panadol, is expected to announce 435 job cuts over the next two years due to plans to shut its Maidenhead manufacturing plant.
HSBC chief executive Quinn in shock departure
HSBC group chief executive Noel Quinn said he was retiring after nearly five years in the job, in a shock announcement on Tuesday.
Santander sees profits spark on higher interest rates
Banco Santander said on Tuesday that profits jumped in the first quarter, boosted by higher interest rates.
Space NK owner said to have hired bankers to sell beauty chain
The owner of Space NK has reportedly picked bankers to handle a sale of the high street beauty chain that is expected to fetch more than £300m.
US pre-open: Dow futures little changed ahead of FOMC meeting
Dow Jones futures were little changed ahead of the bell on Tuesday as market participants looked ahead to the outcome of the Federal Reserve's two-day policy meeting and more mega-cap earnings.
Eurozone exits recession as Q1 GDP grows 0.3%, inflation holds at 2.4%
There were further signs that the eurozone was starting to turn a corner as inflation held steady at 2. 4% and the single currency economy avoided recession in the first quarter of the year.
Europe midday: Upbeat EZ growth fails to inspire investors as shares slip
European markets were still lower on Tuesday as eurozone inflation data and GDP growth failed to inspire investors.
Barclays in talks to take over Goldman's GM-branded credit cards - report
Barclays is reportedly in talks with US banking giant Goldman Sachs to acquire $2bn in credit card balances from its co-branded credit programme with General Motors.
London midday: FTSE pushes higher as HSBC, Whitbread gain
London stocks had extended gains by midday on Tuesday, helped along by solid performances from the likes of HSBC and Whitbread, as investors eyed the start of the Federal Reserve’s two-day policy meeting.
Volkswagen retains growth guidance despite Q1 weakness
Volkswagen's share price was in reverse on Tuesday after the German automaker reported a slow start to the year, though the company expressed its confidence in hitting full-year targets with the release of more than 30 new models.
SysGroup FY revenues grow on strong H2 performance
Data solutions business SysGroup said on Tuesday that revenues had grown in the second half, offsetting a modest H1 decline.