Market Pulse
Deltic attempts to pry Revolution Bars from the hands of Stonegate
Night club operator Revolution Bars has rejected a proposed merger with competitor Deltic Group.
Cap-XX stock runs ahead after announcing of record order
CAP-XX announced Tuesday it had received its largest ever order for its Thinline supercapacitors from a US based internet-of-things (IoT) company working on a wearable device for the fitness and health market.
Used car sales drive profit growth at Marshall Motor
Strong like-for-like sales fed straight down to the bottom line at Marshall Motor Holdings during the first half of the year.
RBS to cut 880 IT jobs in London, union says
Royal Bank of Scotland has set out plans to cut 40% of permanent IT staff and 65% of contractor roles in London by 2020, totalling 880 job cuts, according to union reports.
UK house price growth eases for third month in row
UK house price growth softened for a third consecutive month, according to official figures published on Tuesday, as the market slips on political and economic uncertainty.
Chinese credit growth slows July
Credit growth in China rose slightly last month but economists expected the long-term downwards trend would reassert itself, weighing on growth.
Berenberg says Next failing to deliver, downgrades to 'sell'
Berenberg downgraded its recommendation on shares of Next following the recent rally in the fashion retailers's shares, telling clients there was now "material downside" following the company's weather-driven second quarter beat.
Bank rate hike odds recede as inflation remains unmoved
UK inflation surprisingly held steady in July, reducing some of the pressure on the Bank of England for a rate hike but keeping up the squeeze on household budgets.
London pre-open: North Korea still in focus
Stocks are set to start the session slightly higher as traders wait on the latest UK CPI data while monitoring the continuing newsflow coming from the North Korean peninsula.
Europe open: Stocks edge higher as traders hope for the best
Stocks were seeing a small bid with traders hoping that the most recent statements from Pyongyang might mean that tensions on the Korean peninsula were now headed well and truly lower, despite which a widely-followed gauge of stockmarket volatility was holding near its recent highs.
German GDP growth slows a little in the second quarter
Germany's economy slowed a tad in the second quarter with foreign trade exerting a drag on activity.
London open: Stocks nudge higher ahead of Brexit papers, inflation releases
London stocks looked to bounce back for a second session as sabre-rattling between the US and North Korea returned to background noise, with traders focused on the UK's potential for a 'soft Brexit' and inflation data to come out later.
Wood Group confident of Amec takeover after CMA review
John Wood Group's takeover of Amec Foster Wheeler took a step further after the competition regulator provisionally accepted the pair's proposed remedies.
Shire submits European marketing application for dry-eye drug
Shire's application for Europe-wide marketing of its lifitegrast dry-eye disease drug has been approved by the UK.
Riverstone Energy to use Rock cash for buyback
Riverstone Energy Limited (RSE) has received the balance of $14m from the sale of its interests in Rock Oil last October, which had been held in escrow.
Tuesday newspaper round-up: Brexit customs deal, Sainsbury's, stamp duty
David Davis, the Brexit secretary, is expected to set out more clearly the government’s hopes for a future customs deal with the European Union this week, to help inform the next round of Brexit negotiations. With Theresa May not expected to return to her desk in Downing Street from her holiday until Thursday, the government is keen to show that preparations for Brexit have not ground to a halt. - Guardian.
US close: Stocks jump as geopolitical tensions ease a tad
Wall Street's main market gauges finished the session broadly higher following moves by the US and China at the weekend to calm the situation on the Korean peninsula.