minera anglo americana
US jewellery helps support diamond demand for Anglo American's De Beers

De Beers sold $550m of rough diamonds in its fourth sales cycle of the year, taking turnover from Anglo American's diamond arm so far this year to $2. 3bn.

traders, trade, finance
Market buzz: Pound surges on Vlieghe comments, Inmarsat and Halfords slip

1137: Marks & Spencer has confirmed the news that has been leaked over the weekend, that over 100 stores will be closed in total by 2022 as management accelerate the Clothing & Home 'space programme'.

naufragio refugiados
Inmarsat wobbles after US rival wins maritime safety certification

Inmarsat shares tumbled on Tuesday as the satellite communication group's international maritime maritime distress services monopoly came to an end.

Halfords skids lower as profits expected to remain flat

Halfords reported lower annual profits as the bike and car parts retailer was hit by the increased cost of goods due to the weak pound, with a similar result expected this year as selling prices remain flat.

galliford try uk building builder construction homes
Galliford Try stays on track, though exceptional costs rise

Galliford Try said full year results are on track to hit their mark, with underlying debt lower than expected but bad weather adding costs to its troublesome Aberdeen bypass project.

National Grid faces Ofgem probe over electricity forecasts

The electricity regulator is investigating whether National Grid broke rules over its demand forecasting for the UK electricity market.

Tuesday newspaper round-up: Sainsbury's, defence spending, BP

J Sainsbury is facing fresh scrutiny of its £12 billion merger with Asda after more than 100 MPs signed a letter criticising changes to the company’s staff pay that threaten to leave some workers more than £3,000 a year worse off. As many as 13,000 Sainsbury’s employees could take a hit to their pay packets, according to critics of the company’s plans, as it consults on a new deal meant to equalise pay among its 130,000-strong workforce. - The Times.

21 May
FTSE 250 movers: Ocado and Crest lead risers

London's mid-cap index was on the up on Monday, led by Ocado and Crest Nicholson.

21 May
housing house prices
House prices fall in South East England for first time since 2011

Property asking prices climbed to a new record high this month, but prices fell across south-east England for the first time since in seven years.

21 May
Market buzz: FTSE flies to new record high, MPs call for Russian clampdown

1654: A "solid day" for equity markets in the US and UK, says market analyst Chris Beauchamp at IG, with the FTSE 100 clocking up yet another record high and moving on for the next summit of 8000, while the Dow Jones comes back from the weekend with a solid 300-plus day so far.

21 May
 parliament house of commons london westminster politics
Culture Sec ponders Comcast bid for Sky

Sky's potential takeover by Comcast does not perturb the government, but Culture Secretary Matt Hancock said he had not yet reached a final decision.

21 May
bradley wiggins halfords cycling
Tuesday preview: Galliford update eyed as Halfords aims to stay on track

Although quieter than last week, there's still plenty for investors to get their teeth into on Tuesday, with updates from Close Brothers, Cranswick, Entertainment One, Galliford Try, Halfords, Homeserve, Pets at Home and Shaftesbury, before later data on UK public finance data and industrial trends that could move markets a little.

21 May
Barclays beats SFO in Crown Court over Qatar loan

The Crown Court has dismissed fraud charges brought by the Serious Fraud Office against Barclays over the bank's emergency fundraising deal with Qatar at the height of the financial crisis.

21 May
Tories and bookmakers prepare in case of early election

Theresa May has received mixed support for her compromise Brexit custom plans, with some Tory MPs preparing for a general election later this year but foreign minister Boris Johnson backing the Prime Minister.

21 May
fda drug pharma
AstraZeneca gets FDA green light for hyperkalaemia drug

AstraZeneca received US regulatory approval for its Lokelma treatment for high potassium levels in the blood and, separately, submitted a new drug application in Japan for a diabetes treatment.

18 May
Market buzz: Glencore drops on SFO report, how much further will dollar rally?

1641: The FTSE 100 ends down on the day at 7,778. 79 but 54. 54 points higher over the week.

18 May
anglo glencore collahuasi copper
FTSE 100 movers: Glencore, AstraZeneca and M&S lead decline

London's blue chip index fell on Friday, led by Glencore, AstraZeneca and Marks & Spencer.

18 May
AstraZeneca confident of return to growth despite mixed Q1

AstraZeneca has a tough first quarter as sales and earnings came in lower than expected due to investment in drug launches and a larger erosion of its Crestor statin drug than expected, but there were encouraging performance from newer drugs.

18 May
Watchdog kicks off investigation into Sainsbury-Asda merger

The UK competition watchdog has invited all "interested parties" in the proposed merger between Sainsbury's and Asda to submit views on the impact of the deal on competition around the country.