Market Pulse - Europe
British Prime Minister Theresa May will travel to Brussels on Wednesday for more Brexit talks with European Commission President Jean-Claude Juncker, officials said on Tuesday.
Sterling jumped on Tuesday, amid conflicting reports regarding the death of the so-called 'Malthouse Compromise' which called for the Irish backstop to be renegotiated or, failing that, for an orderly 'no deal' withdrawal.
London equities slipped, as investors digested what analysts termed "strong" jobs data but disappointing results from HSBC and the pound snapped higher on reports that the so-called 'Malthouse Compromise', requiring Westminster to renegotiate the Irish backstop or pursue a managed 'no deal' withdrawal from the European Union, was now dead.
Commodities moved higher as investors in the States returned from the long weekend and US-China trade talks got under way again in Washington D. C.
Stocks across the Continent managed to finish off their session lows, evem as investors tried to gauge the likely extent of the ongoing economic slowdown and waited for fresh headlines out of the trade talks between the US and China, which were again getting underway in Washington DC.
Stocks across the Continent are slipping lower as investors try to gauge the likely extent of the ongoing economic slowdown and wait for fresh headlines out of the trade talks between the US and China, which were set to resume later in the day, in Washington DC.
Tui executive Sebastian Ebel purchased 47,580 ordinary shares in the FTSE 100-listed travel outfit on Tuesday.
Analysts at Shore Capital reiterated their 'hold' stance on Greggs on Tuesday, stating that the company continued to "materially outperform" their expectations.
DotDigital Group climbed on Tuesday after reporting a jump in interim revenues and profits as new customer wins and its North American expansion fuel the company's progress.
Kroger and Ocado have chosen Central Florida and the Mid-Atlantic US as the two areas that will host their next two joint customer fulfillment centres.
Huawei founder Ren Zhengfei said on Monday that America's arrest of his daughter, the company's Chief Financial Officer, Meng Wanzhou, was politically motivated.
Chinese and US officials are set to reconvene in Washington on Tuesday to kick off a new round of talks on trade that follow positive negotiations last week in Beijing.
Around half of UK consumers said that their spending habits would not be affected by Brexit but most will be more cautious in what they buy, PwC’s latest report on trends in consumer spending revealed.
Ten Lifestyle Group on Tuesday won a new contract with Absa Bank Limited to provide digital and high-touch travel and lifestyle concierge services to its private banking clients in South Africa.
Analysts were slightly less downbeat in February on the prospects for the Eurozone's largest economy, even as their assessment of the current situation soured further.
Asian-focused HSBC posted lower than expected revenues and profits for the final three months of 2018 as volatility in financial markets took its toll, meaning that top-line growth failed to keep up with expenses.
Roche announced on Tuesday that the US Food and Drug Administration (FDA) has accepted its Biologics License Application (BLA), and granted ‘Priority Review’ for polatuzumab vedotin in combination with bendamustine plus ‘Rituxan’ (rituximab) (BR) for the treatment of people with relapsed or refractory diffuse large B-cell lymphoma.
Stocks have started the session on a mixed note, with investors playing it safe ahead of another week of US-China trade talks and a slate of economic data due out later in the session.
A top European Central Bank official signaled overnight that further easing was clearly possible should the euro area economy slow more sharply.
Seven Labour MPs resigned from the party on Monday in protest over its Brexit policy and the failure to deal with antisemitism among members.