International News
Pimlico Plumbers sold to US group for up to £145m
Pimlico Plumbers, the upmarket home services business founded by Charlie Mullins from a second-hand van, has been snapped up by Neighborly of the US for as much as £145m, according to a report.
Uber on track for first profitable quarter
Uber said it was on track for its first profitable quarter after burning through billions of dollars for more than a decade.
Revolut to offer commission-free US stock trading
Revolut will offer commission-free stock trading to US customers for the first time to compete with Robinhood and Square in the fast-growing world of retail share dealing.
US housing starts and building permits grow in August
US housing starts and building permits both grew last month, driven by a surge in the Northeast region.
US open: Major indices reclaim some of yesterday's heavy losses
Wall Street stocks were in the green at the opening bell on Tuesday after yesterday's heavy sell-off.
US close: Dow extends losing streak
Major indices put on a mixed performance on Tuesday as Wall Street's attempt at rebounding from yesterday's heavy sell-off fell short.
Europe close: Shares rebound as Universal Music sounds right note
European shares closed higher on Tuesday, rebounding strongly after a sharp fall in the previous session sparked by the China Evergrande debt crisis with Universal Music Group striking the right chord on market debut with investors.
Press Release: FlexShares Launches New Suite of Four ESG ETFs Focused on Climate
FlexShares Launches New Suite of Four ESG ETFs Focused on Climate .
Japan’s MUFG to sell part of US division to US Bancorp in $8bn deal
Japan’s Mitsubishi UFJ Financial Group has agreed to sell the retail banking division of its US regional bank MUFG Union Bank to US Bancorp in a cash and shares deal worth around $8bn.
Softbank leads $680m investment into Sorare
Japanese conglomerate Softbank is leading a $680m investment in French fantasy football start-up Sorare.
US pre-open: Futures in the green following Monday's heavy sell-off
Wall Street futures were in the green ahead of the bell on Tuesday after posting heavy losses in the previous session.
Shell agrees $9.5bn Permian Basin deal with ConocoPhillips
Royal Dutch Shell is to exit the Permian Basin after striking a $9. 5bn deal with US major ConocoPhillips.
Global recovery strong but uneven, says OECD
The global economy is growing far more strongly than expected a year ago, it emerged on Tuesday, but the recovery remained uneven, exposing both advanced and emerging markets to a range of risks.