Market Pulse
China considers ban on bitcoin mining
China's economic planning agency added “virtual currency mining activities” to the list of industries that face a ban in the country.
US close: Stocks close lower as earnings jitters kick in
US stocks closed lower on Tuesday as investors looked to the start of the first-quarter earnings season later in the week even as they mulled the latest developments in global trade relations.
London close: Stocks give back early gains as global watchdog warns of risks
London stocks were knocked lower by the proverbial bolt out of the blue on Tuesday, as the International Monetary Fund cut its forecast for global GDP growth in 2019 for the third time in six months, and warned of the danger that a no-deal Brexit might combine with other vulnerabilities to depress growth even further.
ReNeuron soars after partnering with Chinese pharma giant
ReNeuron's shares soared on Tuesday after it signed an exclusive licence agreement with Shanghai Fosun Pharmaceutical Industrial Development (SFPID) for the development, manufacture and commercialisation of ReNeuron's cell therapy programmes in China.
Director dealings: Grafenia director lowers stake
Grafenia director Conrad Bona disposed of 222,222 ordinary shares in the AIM-listed printing outfit on Tuesday.
US JOLTS survey for March may point to labour market slowdown
Labour demand in the States deteriorated quite sharply in February, possibly adding to evidence of a slowdown in hiring, the results of a closely-followed survey showed.
Broker tips: Hays, National Express, Go-Ahead
Morgan Stanley downgraded its rating on the shares of recruiter Hays to 'equalweight' from 'overweight' on Tuesday as it highlighted a lack of near-term catalysts.
Sports Direct extends Findel offer deadline
Mike Ashley's Sports Direct has upped its holding in Findel and extended its offer for the home shopping company.
Differences between China and EU mount ahead of annual summit
Chinese Premier Li Keqiang and European Union institution leaders are set to meet in Brussels on Tuesday at the annual EU-China summit but could face differences over trade and investment.
Debenhams calls in administrators, operations sold to lenders
Debenhams called in the administrators just before midday on Tuesday, with the entire underlying operating company immediately sold to the departments store group's lenders.
Gooch & Housego expecting bigger second half
Specialist manufacturer of photonic components and systems Gooch & Housego told the market on Tuesday that trading in the six months to 31 March was in line with its expectations.
IMF slashes 2019 global GDP forecast
The world's economic watchdog took an axe to its near-term forecasts for global growth for the third time in six months, warning that the outlook for a projected recovery in growth was "precarious".
FTSE 100 movers: WPP rallies on Kantar bid reports; housebuilders retreat
London's FTSE 100 was down 0. 4% at 7,425. 49 in afternoon trade on Tuesday as global trade tensions and Brexit uncertainty weighed.
Active Energy joint venture unsuccessful in bid for EU grant
Renewable energy and forestry management company Active Energy Group updated the market on Tuesday, on the activities of AEG CEE - the joint venture company formed in March last year with Polish research, development and environmental waste coal recovery company Cobant.
US open: Stocks open lower ahead of Q1 earnings season
US stocks opened lower on Tuesday as investors looked to the start of the first-quarter earnings season even as they mulled the latest developments in global trade relations.
Inland Homes sells Dagenham site to Clarion Housing Group
Specialist brownfield land developer and housebuilder Inland Homes has exchanged contracts for the sale and related development contract for its Merrielands Crescent site in Dagenham, East London with the Clarion Housing Group housing association, it announced on Tuesday.
StanChart settles with UK and US regulators for over $1bn
StanChart will pay just over $1bn to settle two probes with US and British regulators, respectively, relating to the violation of US sanctions against Iran between 2001 and 2014 and the alleged inadequacies of its internal controls.
Tom Oakley elevated to group CEO at Feedback
Specialist medical imaging technology company Feedback has appointed Dr Tom Oakley as its chief executive officer with immediate effect, it announced on Tuesday.
Barclays cuts UK back office jobs
Birmingham Snowhillplans to cut around 460 jobs from its UK offices, including Canary Wharf, Birmingham Snowhill and Coventry Westwood Park.
Drilling rig contracted for i3 Energy summer campaign
Independent UK-focussed oil and gas company i3 Energy updated the market on the appraisal and development of its 100% owned-and-operated Liberator field and Serenity prospect on Tuesday, confirming it had contracted the Borgland Dolphin semi-submersible drilling rig for the summer drilling campaign.