Market Report
Alaskan earthquake triggers tsunami warning
A tsunami alert has been issued after an earthquake was recorded off the coast of Alaska.
Base Resources completes Toliara Sands acquisition
Western Australia-based mineral sands producer Base Resources has completed its acquisition of the Toliara Sands Project in Madagascar with an upfront payment of $75m made to World Titane Holdings' wholly owned Mauritian subsidies.
Castleton Technology secures two contracts worth £1.2m
AIM-listed software and managed services provider Castleton Technology has secured two multi-year contracts worth a total of £1. 2m.
Sound Energy chairman steps down as Moroccan gas confirmed
Mediterranean upstream company Sound Energy has received final certification for the TE-5 well core at its Tendrara asset onshore Morocco, with the findings being "entirely consistent" with preliminary results returned on 20 December.
German investor sentiment improves in January - ZEW
German investor confidence improved more than expected in January, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
UK public finances benefit from EU credit in December
UK public borrowing in December was the lowest since 2000 thanks largely to one-off factors and is expected to deteriorate in 2018.
Origin Enterprises buys Belgium-based Pillaert-Mekoson
AIM-listed agri-services group Origin Enterprises has bought Pillaert-Mekoson, a Belgian provider of standard and prescription fertilisers for an undisclosed sum on a debt dree and cash free basis.
Bank of Japan leaves monetary policy unchanged, tweaks outlook
The Bank of Japan continued to keep monetary policy steady today, after it voted 8 – 1 to keep its short-term interest rate unchanged at -0. 1%, but noted that inflation expectations had remained steady, which initially saw the country's currency gain.
Europe open: German Dax hits fresh record high
Stocks have started the session with a 'bang' on the back of overnight gains on Wall Street and a better-than-expected reading on German economic confidence that has served to send Dax racing to a fresh all-time high.
Prudential to sell Vietnam consumer finance business for $151m
Prudential has agreed to sell its consumer finance business in Vietnam for $151m.
Deltex stumbles after fundraising announcement
Shares in haemodynamic management firm Deltex Medical Group fell as much as 12% during early trading on Tuesday morning after the group announced its intention to undertake a £1m equity placing.
Metal Tiger partially sells down Kingsgate stake
Strategic natural resource opportunities investor Metal Tiger has sold 7,929,826 shares in Kingsgate Consolidated, it announced on Tuesday.
National Grid 'very disappointed' with Ofgem proposals for Hinkley-Seabank
National Grid issued a response to the energy regulator on Tuesday morning, after Ofgem published its 'minded-to' consultation on the delivery model for the Hinkley-Seabank project (HSB), in which it proposed the so-called ‘Competition Proxy’ model.
IG Group profits surge as offices abroad planned to offset regulation
IG Group grew profits 29% to record levels in the first half of its financial year even while the online trading provider made changes to protect the business from regulatory changes and Brexit, including planning new offices in Germany and the US.
Inchcape chairman Hanna to retire, to be succeeded by Nigel Stein
Automotive distributor and retailer Inchcape announced on Tuesday that chairman Ken Hanna will retire at the next AGM in May after nine years in the job.
Pets at Home third-quarter revenue rises, final guidance unchanged
Pets at Home reported a rise in third-quarter sales on Tuesday as it said final guidance was unchanged.
Cairn 'well-positioned' after solid 2017
Cairn Energy updated the market on its recent operations and trading performance for 2017 on Tuesday, saying it was “well-positioned” ahead of the release of its preliminary results for the calendar year, which are due on 13 March.
London open: Stocks edge up after record US close; EasyJet flies higher
London stocks edged higher in early trade on Tuesday, taking their cue from a record close on Wall Street after the Senate agreed a temporary deal that has ended the government shutdown.
Regulator deals plurality blow to Fox bid for Sky
The competition regulator dealt a blow to 21st Century Fox and its planned takeover of Sky on Tuesday, as the Competition and Markets Authority said it has provisionally found that Fox taking full control of Sky “is not in the public interest” due to media plurality concerns.
Superdry CFO Wharton to retire, to be succeeded by Ed Barker
Clothing retailer Superdry, formerly SuperGroup, said on Tuesday that chief financial officer Nick Wharton is planning to retire and will be succeeded by Ed Barker, the current director of group finance.