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The global push towards "net-zero" emissions could have significant implications for the inflation outlook depending on how quickly those changes are implemented, economists said.
Markets in Asia closed in a mixed state on Tuesday, as oil prices crossed the $80-a-barrel threshold, with economists taking the secateurs to their growth forecasts for China.
Independent oil and gas producer Jadestone Energy said on Tuesday that its Montara H6 development well had been successfully tied into field facilities and commenced production.
Until a government coalition is formed, German Bunds are more vulnerable to rising yields in the U. S. than the German election, says Steen Jakobsen, chief investment officer of Saxo Bank.
RBC Capital Markets upgraded Electrocomponents on Tuesday to ‘outperform’ from ‘sector perform’ and hiked the price target to 1,350p from 1,070p as it said the company will be a long-term winner.
Rentokil Initial announced changes to its medium-term growth targets on Tuesday, with group organic revenue now expected to grow between 4% and 5%, excluding disinfection, from a previous 3% to 4% target.
Pennon Group updated the market on its current trading on Tuesday, reporting that it was on track to deliver a “resilient” financial performance in line with management expectations.
Testing and simulation systems provider AB Dynamics said on Tuesday that it had performed "well" during the second half of the year, managing supply chain disruption and currency headwinds effectively in order to meet a strengthening in demand during the period.
Real estate investment trust UK Commercial Property Trust said on Tuesday that its interim performance had improved, driven by stronger asset valuations on the back of a recovering economic outlook.
London stocks edged lower in early trade on Tuesday following mixed sessions in the US and Asia, as worries about inflation continued to play on investors’ minds.
Close Brothers reported a sharp rise in annual profit and a hefty dividend increase as the financial services group benefited from rising income and lower impairments.
AstraZeneca said on Tuesday that its Saphnelo (anifrolumab) drug has been approved in Japan for the treatment of adult patients with systemic lupus erythematosus (SLE).
