Market Pulse
Huawei criticises US spying claims claiming it 'belittles national security'
Huawei criticised US claims that its 5G network could be used to spy on western governments and said the US administration was being “ignorant of technology” and “belittling” national security concerns with repeated unsubstantiated claims.
Wednesday preview: Chinese data and US earnings share the spotlight
The focus on Wednesday will be on a raft of data out of China, alongside another raft of quarterly earnings reports in the States.
Europe close: Stocks edge higher helped by strong economic data
Stocks on the Continent were mostly higher as investors cheered better-than-expected economic data, amid holiday-thinned trading volumes.
London close: Stocks higher as pound slips, jobs data pleases
London stocks gained on Tuesday, as investors mulled the latest reading on the UK jobs market, with some well-received updates from retailers lending support.
Coro Energy leaps following Indonesian gas acquisition
Coro Energy's shares stormed on Tuesday after the company completed its obligations to acquire a 15% working interest in the Duyung production sharing contract (PSC) in Indonesia.
Thor Mining kick-starts drilling at Australian tungsten project
Thor Mining on Tuesday commenced drilling at the Bonya tungsten deposits adjacent Molyhil, in the Northern Territory of Australia.
Bank of America posts better-than-expected Q1 profits, but shares decline
Bank of America posted record quarterly net income driven by a jump in the profitability of its consumer banking arm.
US open: Stocks open higher as earnings continue to roll in
Wall Street trading began on a positive note on Tuesday as investors thumbed over more key earnings, including those from banking giant Bank of America.
FTSE 100 movers: Airlines fly higher despite Lufthansa warning; Rio retreats
London's FTSE 100 was up 0. 4% at 7,466. 23 in afternoon trade on Tuesday as investors eyed the latest UK jobs data.
Over 100 people arrested in Extinction Rebellion protests in London
Climate change protests by Extinction Rebellion demonstrators in central London resulted in over 100 arrests.
Flowtech Fluidpower revenues boosted by Balu acquisition
Technical fluid power products specialist Flowtech Fluidpower saw both revenues and profits grow following the successful acquisition and integration of Balu in its last trading year.
Tuesday broker round-up
Galliford Try: Peel Hunt downgrades to hold with a target price of 700p.
Greatland Gold announces 15-hole Australian drilling programme
Greatland Gold on Tuesday confirmed a 15-hole drilling programme at its fully-owned Firetower project in Tasmania, Australia.
Asiamet delivers 'strong' copper results from Indonesian project
Asiamet Resources on Tuesday reported "strong" copper assay results from an additional infill drilling programme completed as part of the Bankable Feasibility Study (BFS) for the Beruang Kanan Main (BKM) copper deposit in Central Kalimantan, Indonesia.
RBC initiates coverage on 'attractive' LondonMetric
Analysts at RBC Capital Markets initiated coverage on FTSE 250 real estate investment trust LondonMetric on Tuesday, calling the firm an "attractive opportunity" at a fair value.
StatPro extends finance facilities with Wells Fargo
Cloud-based portfolio analytics and asset pricing service provider StatPro Group has increased and extended its financing facilities with Wells Fargo Capital Finance, it announced on Tuesday.
Petro Matad signs contracts for two rigs ahead of drilling programme
Mongolia-focussed oil explorer Petro Matad has signed contracts for two rigs for its upcoming 2019 four-well drilling programme, it announced on Tuesday.
MC Mining completes sale and purchase agreement for Makhado coal
MC Mining announced the conclusion of a coal sale and purchase agreement for the export quality thermal coal to be produced by the first phase of the Makhado hard coking and thermal coal project on Tuesday.
Cap-xx sees wearables demand soften, focuses on automotive industry
Supercapacitor manufacturer Cap-xx has looked to focus on strengthening its relationships in the "increasingly important" automotive segment as it warned that its wearable technologies unit had taken a hit.
Tatton warns of consulting pressures as assets top £6bn
Discretionary fund manager and IFA support service Tatton Asset Management continued to grow revenue and adjusted operating profits in its last treading year despite a "complex and challenging" market environment.