Market Pulse
Trump defies Obama to restart construction of Dakota and Keystone pipelines
US President Donald Trump has reversed a key decision made by predecessor Barack Obama by signing an executive order to pave the way for the expansion of the Keystone and Dakota Access oil pipelines.
US close: Stocks end higher after batch of corporate earnings
US stocks closed in positive territory on Tuesday, with the S&P 500 and Nasdaq reaching record highs as traders waded through a raft of corporate earnings.
Sector movers: Miners pace gains
Shares in Anglo American stood out on news that De Beers had reaped $720m in rough diamond sales from the first cycle of 2017.
Commodities: Copper, energy futures sport biggest gains
Copper and energy futures paced gains, with the former exhibiting particular strength.
Europe close: Stocks higher on PMI survey data
Euro area stocks ended the session marginally higher after positive manufacturing data showed a good start to 2017 for the bloc´s economy and Britain’s High Court ruled that a vote from Parliament is required for the government to invoke Article 50.
G4S monitored asylum seekers without consent
Security company G4S could face legal action from campaigners after revelations that it has breached privacy and data protection laws by filming asylum seekers in their own homes without consent, the Guardian reports.
Ideagen revenues boosted in first half
Information management software supplier Ideagen announced its unaudited interim results for the six months to 31 October on Tuesday, with revenue increasing by 22% to £12. 02m.
British Gas to pay £9.5m in compensation to customers
British Gas, owned by Centrica, has been charged with a penalty of £9. 5m after its new IT system caused business customers to face problems with registration and billing, according to energy regulator Ofgem.
Helical confirms disposals worth £19m
Helical announced on Tuesday that it has made a further £19. 4m of disposals as it continues to see “good depth of demand” for its high quality, well-let assets.
FTSE 250 movers: KAZ leads miners, PZ Cussons investors in a lather
The FTSE 250 index was largely flat on Tuesday, with miners on the up and a diverse range of fallers led by PZ Cussons.
HSBC to close 62 more branches due to rise of online banking
HSBC is planning on shutting another 62 branches, in addition to its previously planned 55 closures, this year due to the rise in customers using online banking.
LGO Energy busy in Trinidad
LGO Energy provided an operational update on Tuesday, including plans for production drilling and enhanced oil recovery at the Goudron Field in Trinidad, its Trinidad South West Peninsula interests and group production for the fourth quarter 2016.
Lockheed Martin profits rise but forecasts hit turbulence
Aerospace firm Lockheed Martin reported its fourth fiscal quarter financial results on Monday, showing rising profits but a dim outlook for the year ahead.
Results round-up
Housebuilder Crest Nicholson has bounced back from a drop in the demand for houses post Brexit-vote by achieving its £1bn annual sales target for the year end.
US open: Stocks higher after slew of earnings
US equity markets opened higher on Tuesday, following a string of earnings from corporate heavyweights such as Alibaba, Johnson & Johnson and Verizon.
US existing home sales drop more than expected in December
Sales of US existing homes fell more than expected in December, according to data from the National Association of Realtors.
EnQuest to acquire 25% of BP's Magnus oil field
EnQuest, oil and gas development and production company, has agreed to acquire an initial 25% interest in Magnus oil field from British Petroleum (BP) for $85m.
INVE acquisition boosts Benchmark in 2016
Aquaculture biotechnology and food chain sustainability business Benchmark announced its preliminary results for the year to 30 September on Tuesday - a year in which it acquired INVE Aquaculture in December 2015 for $342m, creating the new Advanced Animal Nutrition division.
Defenx in line with expectations as it expands channel partner network
Swiss security software firm Defenx anticipates that its maiden full year results will be in line with expectations, as revenue rose and a strong second half brought the company into profitability.