Market Report
US close: Stocks end down amid uncertainty about US-China trade talks
Stocks on Wall Street ended in the red on Tuesday following solid gains the previous day, amid uncertainty over US trade talks with China.
Europe close: Shares jump as China opens automobile sector further
Stocks on the Continent finished the day higher, buoyed by news that China was set to open up its automobile sector more, even as traders waited on political developments in Italy.
London close: FTSE extends record highs as pound gives up gains
London stocks set a new closing record within a stone's throw of the 8,000 mark as Bank of England policymaker waxed hawkish and a raft of corporate news also kept things interesting.
Tesco Direct to shut down as Wilson swings axe
Tesco is shuttering its online general merchandise business, Tesco Direct, in new UK chief executive Charles Wilson's first visible act since joining as part of the Booker takeover.
ICG eyes £1.2bn acquisition of software supplier Iris - reports
Intermediate Capital Group is reportedly close to reaching an agreement to acquire medical software supplier Iris in a transaction that is expected to value the group at £1. 2bn.
Market buzz: Italy BTPs headed for 'junk'?, Inmarsat and Halfords slip
1611: Tesco's new UK chief has decided to close the group's online general merchandise business, Tesco Direct. Charles Wilson, who joined as part of the Booker takeover, said the move was “an essential step towards establishing a more sustainable non-food offer. ”.
Director dealings: Earthport chairman acquires 250,000 shares
Hank Uberoi, executive chairman of cross-border payment service Earthport, purchased 250,000 ordinary shares in the AIM-quoted firm on Tuesday.
US open: Dow slides below 25,000 in early trading
Early trading pointed to a mixed session on Wall Street on Tuesday after early losses saw the Dow drop below the 25,000 mark hit in the previous session for the first time since March.
Blue Star's SatoshiPay cosies up with El Reg, gives away more Lumens
Tech-focussed investing company Blue Star Capital noted an update made earlier on Tuesday by its investee company SatoshiPay, which has partnered with technology news site The Register to pilot a cryptocurrency micropayments trial for selected content on its website.
FTSE 250 movers: Rank rises on acquisition; Halfords skids lower on results
London's FTSE 250 was up 0. 4% to 21,220. 82 in afternoon trade on Tuesday.
OptiBiotix signs deal with Seed Health to get products into US market
Life sciences business OptiBiotix Health has entered into a non-exclusive agreement with Seed Health to produce, promote, market, and commercialise products containing ‘LP-LDL’ in the US, it announced on Tuesday.
GetBusy recurring revenue rises solidly
Document management and productivity software products provider GetBusy updated the market on its trading as investors gathered for its annual general meeting on Tuesday, reporting that the four months to 30 April were in line with the board's expectations, as the company built on the progress it achieved during 2017.
Toyota warns UK plants will struggle if government bans hybrid cars
Toyota has warned its UK factories will struggle to gain investment if the government announces a future ban on the sale of its hybrid cars.
SDX Energy abandons latest well after non-commercial find
North Africa-focused oil and gas firm SDX Energy announced on Tuesday that it has encountered sands of low gas saturation that are not deemed to be commercial at its Kelvin-1X exploration well.
German prosecutors ask for Puigdemont's arrest and extradition on rebellion charges
The General Prosecutor's Office of Schleswig-Holstein has requested the extradition of former Catalan President Carles Puigdemont to Spain to stand trial before the Regional Superior Court for the crimes of rebellion and disturbing the public order.
FTSE 100 movers: Fresnillo boosted by gold price; M&S down ahead of results
London's FTSE 100 was up 0. 4% to 7,889. 14 in afternoon trade on Tuesday.
Sector movers: Deutsche Bank takes down energy
Energy shares have run too far too fast, analysts at Deutsche Bank told clients on Tuesday as they downgraded the space to 'underweight'.
PureTech affiliate Alivio granted two key US patents
Clinical-stage biopharmaceutical company PureTech Health announced on Tuesday that its affiliate Alivio Therapeutics has been granted two key patents broadly covering its inflammation-targeting technology platform.
BoA's Stephen Miller to take reins as Park Group CIO
Multi-retailer prepaid gift card provider Park Group has appointed Stephen Miller as its chief information officer - a non-board position - it announced on Tuesday.
DS Smith to buy US-based corrugated packaging company
Packaging business DS Smith has agreed to buy US-based Corrugated Container Corporation (CCC) for an undisclosed sum, in a deal that is expected to be immediately earnings-enhancing.