Market Report
Westfield shopping centres to be bought by France's Unibail-Rodamco
Shopping centre owner Westfield has accepted a US$24. 7bn (£18. 5bn) takeover offer from European rival Unibail-Rodamco as part of a wave of sector consolidation that saw UK rivals agree a similar merger last week.
OptiBiotix strikes manufacturing and supply deal with Cereal Ingredients
Life sciences business OptiBiotix Health has entered into a manufacturing and supply agreement with Cereal Ingredients, it announced on Tuesday.
Europe open: France's Atos, Unibail-Rodamco launch cross-border bids
Stocks on the Continent are roughly flat despite moderately strong gains in the oil sector, fresh M&A moves by two French outfits and despite fresh record highs on the Dow Industrials and S&P 500 overnight.
Balfour Beatty's confidence increases on margins, debts
Balfour Beatty is "increasingly confident" of improving margins this year as it continues to win new business on better terms.
Asia report: Markets mostly lower, Kiwi surges on RBNZ governor appointment
Markets in Asia closed mostly lower on Tuesday, although energy plays were higher as oil prices crept up, with the New Zealand dollar gaining further on the greenback after the country’s central bank appointed its next governor.
German economic sentiment deteriorates more than expected in December - ZEW
German economic sentiment deteriorated more than expected in December, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Joules first-half revenue jumps 18% despite challenging market
Fashion retailer Joules reported a rise in first-half sales on Tuesday despite challenging conditions.
Gem Diamonds says talks over sale of Ghaghoo asset have ended
Gem Diamonds said on Tuesday that talks with a potential buyer for its Ghaghoo asset in Botswana - which was placed on care and maintenance back in February - have ended without an agreement.
Anglo American's De Beers sees diamond sales drop in tenth cycle
Sales at Anglo American’s De Beers diamond business fell in the tenth cycle of the year compared to the previous cycle, although sales were up on the same cycle last year.
Boku brings direct-carrier billing to EE accessories store
Independent direct carrier billing company Boku announced the signing of a new agreement with EE, a division of BT Group and the UK's largest mobile network operator, on Tuesday.
Hurricane Energy making solid progress on Lancaster Field
UK-based oil and gas company Hurricane Energy updated the market on its operational activities related to the ‘early production system’ on the Lancaster Field, at Drydocks World, Dubai, ahead of an analyst visit this week.
Carpetright H1 profit drops as competition and discounting bite
Shares in Carpetright slid on Tuesday after the floor coverings specialist said it expects underlying pre-tax profits for the full year to be towards the bottom end of the current range of market expectations, as it reported a drop in first-half profit and highlighted "fragile" consumer confidence.
Supermarkets sales surge as food inflation hits three-year high
As food inflation hit its highest level in four years, Tesco and Sainsbury's enjoyed the strongest sales growth of the big four supermarkets in recent weeks, though the quartet continued to lose market share to discounters.
London open: Stocks nudge up as investors eye inflation data; Ashtead rallies
London stocks nudged higher in early trade on Tuesday as investors eyed the release of key UK inflation data.
Aggreko confirms timeline for Drewett as new CFO
Aggreko gave a timeline to the appointment of its new chief financial officer on Tuesday, confirming that Heath Drewett would take up the role on 3 January.
Glencore shareholders to receive upbeat investor update
Glencore shareholders are set to be told of the company’s position as the “leading producer” of tier 1 commodities - that is, copper, cobalt, nickel, zinc and thermal coal - during an investor update set down for Tuesday afternoon.
London pre-open: Stocks to open higher ahead of inflation data
London stocks were set for a positive open on Tuesday following an upbeat session in the US, as investors eye the release of key UK inflation data.
Hurricane clean-up boosts Ashtead at half-year, Indivior schizophrenia treatment accepted for FDA review
London open.
Indivior's schizophrenia drug application accepted by US FDA
A one-monthly schizophrenia treatment developed by heroin-addiction specialist Indivior has been accepted for review by the US drug regulator.
Tuesday newspaper round-up: Trump tax warning, oil pipeline, Comcast, wages
Philip Hammond has joined other EU treasury ministers in warning President Trump about tax plans that they say would breach international agreements and hammer the City of London. In a letter they express “significant concerns” that the Trump administration’s tax plans would have a “major distortive impact on international trade”. - The Times.