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London stocks were mixed at the close on Tuesday, after a Chinese official earlier warned that foreign markets are in a bubble, with investors spending much of the day rifling through a veritable tsunami of corporate news.
Chinese electric car start-up Nio said on Tuesday that the global shortage in semiconductors and batteries will affect its production capacity in the second quarter.
Global fossil fuel emissions were 2% higher in December 2020 than in the same month of 2019, revealed the latest report from the International Energy Agency.
Canaccord Genuity cut its stance on shares of doorstep lender Provident Financial on Tuesday to ‘sell’ from ‘speculative buy’ and reduced its price target to 264. 0p from 290. 0p as it highlighted caution regarding claims.
Hostel operator Safestay announced the agreed sale of the smallest of its three hostels in Barcelona, ‘Barcelona Sea’, a leasehold site with 96 beds, to Beds and Foods Barcelona for €0. 9m (£0. 78m).
Aston Martin Lagonda revealed on Tuesday that non-executive director Robin Freestone had acquired 5,000 ordinary shares in the FTSE 250-listed luxury carmaker.
Alba Mineral Resources updated the market on its work activities at the Clogau-St David's Gold Mine on Tuesday, where the latest results of the ongoing phase 1 surface drilling programme had now enabled it to project the newly=identified vein system at the Llechfraith mine area as having a strike extent of 58 metres.
Vela Technologies has invested £66,000 in London-listed financial technology company Mode Global Holdings, it announced on Tuesday, as part of Mode's oversubscribed placing to raise £6m, to support the continuing growth of its financial products and services.
Analysts at Berenberg raised their target price on instrumentation firm Spectris from 3,460. 0p to 3,505. 0p on Tuesday, stating the group's turnaround efforts appeared on track to pay off.
Canaccord Genuity cut its stance on shares of doorstep lender Provident Financial on Tuesday to ‘sell’ from ‘speculative buy’ and reduced its price target to 264p from 290p as it highlighted caution regarding claims.
The Swedish carmaker, Volvo, has pledged to shift all its production to electric cars by 2030 in a move to abandon fossil fuels and fight climate change.
German retail sales sank at the start of 2021 as the sector was clobbered by Covid-19 restrictions and a three percentage point hike in the country's value added tax.
Artificial intelligence (AI) diagnostics company Renalytix AI recorded $0. 4m (£0. 29m) of pharmaceutical services revenue in its first half, it announced on Tuesday.
Healthcare services company Uniphar reported a “strong” 2020 in its preliminary results on Tuesday, with return on capital employed increasing to 18. 9%, from 17. 3% in 2019.
