THE MOST READ
HSBC to sell Canadian business to RBC in $13.5bn deal
HSBC shot higher on Tuesday after agreeing to sell its Canadian business to Royal Bank of Canada in a $13.5bn cash deal.
Avon Protection slides after share placing
Avon Protection was under the cosh on Tuesday after a share placing.
Canaccord hikes target price on AO World following H1 results
Analysts at Canaccord Genuity hiked their target price on electrical goods retailer AO World from 31.0p to 51.0p on Tuesday after they took the time to review the group's interim results.
Goldman to move some of its London traders to Milan - report
Goldman Sachs is reportedly shifting some of its euro swaps trading desk to Milan from London.
EasyJet upbeat on 2023 as losses narrow
Budget airline easyJet narrowed full-year losses and said it was ramping up preparations for next summer as travellers looked for value for money during the cost-of-living crisis.
Synthomer fined less than expected over styrene purchasing
Synthomer shares were in the green on Tuesday, after the fine issued by the European Commission over styrene monomer purchasing practices came in below what it had made provisions for.
German CPI may have undershot forecasts in November, state data show
Preliminary inflation data for November published in several German states pointed to slightly below consensus readings for national headline price figures due out later in the same session.
Bridgepoint in early talks over Energy Capital Partners deal
Bridgepoint confirmed late on Monday that it is evaluating a number of potential strategic opportunities, including the possible acquisition of Energy Capital Partners.
London midday: Stocks maintain gains on China hopes
London stocks were still firmly in the black by midday on Tuesday amid hopes China will ease Covid restrictions.
Bulb takeover by Octopus set for Judicial Review - report
The UK’s sale of Bulb Energy to Octopus Energy is facing further delays as rivals plan to challenge the government’s decision in court, according to a report.
London open: Stocks rally amid China easing hopes
London stocks rose in early trade on Tuesday, with commodities pacing the gains amid hopes China will ease Covid restrictions.
UK govt puts up £700m of taxpayer cash for Sizewell nuke plant
The UK government on Tuesday confirmed the Sizewell C nuclear power plant would proceed and backed the plan with a £700m investment, effectively ending China’s involvement.
Treatt ends year on upbeat note despite profit slide
Treatt reported full-year numbers at the top end of expectations on Tuesday, despite a "disappointing" performance in its hard tea business.
Greencore FY profits rise, launches £15m share buyback
Food manufacturer Greencore said on Tuesday that it had seen "strong growth" in food-to-go and other convenience categories in the 53 weeks ended 30 September, driving both revenue and profits higher.
US pre-open: Futures slightly higher following Chinese turmoil-fuelled selloff
Wall Street futures were in the green ahead of the bell on Tuesday following heavy losses in the previous session.
China to strengthen vaccinations among population over 80 years of age
Chinese authorities moved overnight to boost vaccination rates among the country's elderly in a move meant to pave the way for the eventual reopening of the country, boosting investor sentiment globally.
Amigo Holdings swings to interim loss as revenues tumble
Lender Amigo Holdings said on Tuesday that it had swung to an interim loss amid falling revenues and a halt to new lending.
Eurozone consumer confidence rebound more than offsets decline within industry in November
Economic sentiment in the single currency block registered its first increase since February on the back of a rebound in consumer confidence, the results of a closely followed survey revealed.
Wood Group sees profits in line with guidance
Energy industry engineering and consulting business Wood Group held full-year guidance and said trading in the first 10 months of the year was in line with expectations.
London pre-open: Stocks seen down ahead of data slew
London stocks were set for a weaker open on Tuesday following a downbeat session on Wall Street, amid ongoing concerns about protests in China and ahead of a slew of UK data.
ECB's De Guindos emphasises importance of core CPI
The European Central Bank's second-highest ranking official said that the monetary authority needed to keep an eye on core inflation in order to gauge how far it needs to tighten policy.
888 Holdings to launch updated strategy at CMD event
Bookmaker 888 Holdings will launch an updated strategy for "sustainable value creation" amid 'more challenging' trading at its Capital Markets Day event on Tuesday.
Tuesday newspaper round-up: Retailers, Elon Musk, LME
UK retailers have launched a barrage of discounts to try to clear stock after a month of falling sales as soaring inflation and bills hit households’ budgets and a warm autumn reduced demand for coats and boots. On Monday, New Look was offering a 50% discount off all products, Asos up to 80% off almost all lines and Boohoo 30% off everything, with many other fashion retailers – including Marks & Spencer, River Island and Matalan – offering between 20% and 30% cuts. – Guardian
AstraZeneca to buy biotech Neogene for up to $320m
AstraZeneca said on Tuesday that it has agreed to buy biotechnology group Neogene for up to $320m, as it looks to accelerate its ambition in oncology cell therapy.
Safestyle warns on profits, shares tumble
Safestyle tumbled on Tuesday after the window and door manufacturer warned on profits as economic uncertainty hit demand.