Market Pulse
House prices to stagnate in 2018, Rics predicts
National house price growth will grind to a halt in 2018 as transactions fall and economic and political uncertainty weigh on confidence, the Royal Institution of Chartered Surveyors has predicted.
LSE shareholders reject attempt to oust chairman Brydon
London Stock Exchange shareholders have voted down an activist investor's attempt to sack LSE chairman Donald Brydon.
Wednesday preview: US tax cut votes in focus
Amid a holiday-thinned corporate announcement calendar, focus during the Wednesday trading session would be on the result of the previous night's tax cut vote in the US House of Representatives, with another vote scheduled in the Senate later in the day.
Carnival profits fall on higher operating costs
British cruise company Carnival raised its fourth quarter dividend by 29% on Tuesday as full-year revenues increased despite higher fuel and operating costs which weighed on profits.
Europe close: Investors take profits on stocks and bonds ahead of US tax vote
Selling on the Continent accelerated in the last hour of trading, giving back some of the prior day's gains as longer-term government bond yields snapped higher on both sides of the Atlantic ahead of the first of two votes in the US Congress on Republicans' tax reform plans.
London close: Footsie hovers near record-highs ahead of US tax cut vote
London stocks managed to just about hold their head above water on Tuesday, with optimism over the US tax reform bill failing to provide much of a boost as investors began to wind down for Christmas.
Sector movers: Healthcare stocks fall to the bottom of the pile
Health care stocks were near the bottom of the pile, with UDG Healthcare faring worst after reporting that its finance chief Alan Ralph would be stepping down, to be replaced by Nigel Clerkin as of 1 May.
Alpha Returns securities suspended as it fails to secure nominated adviser
British investment company Alpha Returns announced on Tuesday that it had received proposals for an injection of capital from its brokers, but was still facing serious issues regarding its nominated adviser.
US open: Stocks dip ahead of House vote on tax cuts
Wall Street's main market gauges are trading slightly lower as investors wait on a vote on Republicans' tax cut plans in the US House of Representatives scheduled for later in the day.
World Bank nudges China 2017 GDP growth forecast a tad higher
The World Bank expects the Chinese economy to cool further over the short-term but said the Asian giant was making progress on re-balancing.
Koovs upbeat despite market challenges
India-focussed fashion e-commerce retailer Koovs issued its interim results for the six months to 30 September on Tuesday, with gross sales at £7. 9m for the period.
South Korean cryptocurrency exchange files for bankruptcy after second hack.
The South Korean exchange Youbit has been hacked for a second time this year, resulting in the loss of 17% of its total assets, leading to the announcement of a halt in trading in order to staunch losses.
Europe midday: Stocks dip ahead of US tax vote
Stocks are trading slightly lower, giving back some of the prior day's gains and in anticipation of the first of two votes in the US Congress on Republicans' tax reform plans that was scheduled for later in the day.
Dalata Hotel Group ending year as anticipated
Dalata Hotel Group issued a market update on Tuesday, reporting that trading in the final four months of the year has been as expected with EBITDA for the year to 31 December expected to be in line with market expectations.
Escape Hunt pleased with progress despite UK delays
Escape-the-room experience provider Escape Hunt updated the market on its strategic progress and and operations on Tuesday, with its board saying it was “pleased” with progress as it has continued to develop its approach to growing the early-stage business.
Vela Technologies sells stake in Canadian blockchain solutions firm BTL Group
Investment group Vela Technologies disposed of 10,000 common shares in blockchain solutions firm BTL Group on Tuesday, collecting CAD 7. 67m in the process.
FTSE 100 movers: Old Mutual rallies on sale; BHP retreats
London's FTSE 100 was up 0. 1% at 7,545. 18 in afternoon trade on Tuesday as volumes began to dwindle in the run-up to Christmas, although the mood was fairly upbeat amid optimism over the US tax reform bill.
US housing starts jump past forecasts in November
The US housing market continued to be in good shape last month, amid a surge in construction of single-family homes.
Ryanair confirms it will recognise pilot unions
Following its announcement last week, budget airline Ryanair confirmed on Tuesday that it will recognise pilot unions for the first time in its history and that it will meet with cabin crew unions, as it looks to avert a strike in the run-up to Christmas.
Epwin sells Indigo Products for £1 after Entu collapse
Low-maintenance building products manufacturer Epwin Group has disposed of one of its subsidiaries, Indigo Products, to Indigo Acquisitions, it announced on Tuesday.