Wall Street indices managed to keep their head above water by the close on Tuesday, having opened on a downbeat note following two days of gains, as investors looked ahead to key inflation data that was set for release the next day.
1920: English Premier League football TV broadcasting rights for the three seasons beginning 2019/20 have been decided - well most of them. BT Sport and Sky Sports have defended well, keeping most of the games for a cost of £4. 46bn, with two of the seven live broadcasting packages still to be confirmed by the EPL, which said there was "interest from multiple bidders". BT Group has secured a package of 32 games per season for a total across the three seasons of £885m.
Most Premier League football live broadcast packages for the three seasons beginning 2019/20 have been agreed, with Sky and BT Group picking up the bulk of games for £4. 5bn.
European shares struggled to make headway on Tuesday, despite positive finishes overnight on Wall Street and in Asia as still wary investors kept a wary eye on Wall Street amid moderate gains in the euro.
Analysts at HSBC maintained their 'hold' rating on shares of mobile communications service provider Inmarsat on Tuesday, pointing out that as most of the firm's revenues, costs and capex were recorded in US dollars, recent gains in the pound would leave a dent in the firm's EBITDA.
AIM-listed company Good Energy Group announced on Tuesday that it will redeem its first bond on 29 March.
Morgan Stanley downgraded its view on shares of BP by one notch from 'overweight' to 'equalweight', predicting that management would continue to prioritise debt reduction over the dividend payout.
Biopharmaceutical company Verona Pharma expects to receive results from ongoing clinical trials earlier than originally anticipated.
London's top-flight index ended the session little changed, even as the pound rallied on a higher than expected reading from the Office for National Statistics on consumer prices for January, increasing expectations that the Bank of England will hike interest rates in the spring.
Ireland-focused real estate investor Core Industrial REIT announced on Tuesday that it intends to float in Dublin and on London's AIM, with the intention of raising €225m from shares priced at €1. 00.
Bridgewater Associates founder Ray Dalio said on Monday that the risks of a recession hitting in the next 18 to 24 months are rising.
Sterling gained strength on Tuesday after UK inflation figures came out stronger than expected, while the dollar also fell against the euro and the yen.
Trading began on Wall Street began on a bit of a down note on Tuesday following two days of gains, as investors looked ahead to key inflation data that was set for release the next day.
Two high ranking directors of workplace e-learning service Learning Technologies Group collected £2. 25m apiece after selling ordinary shares in the firm on Tuesday as part of an effort to "satisfy institutional buying demand. ".
A judge in London ruled that the arrest warrant for Wikileaks founder Julian Assange remains valid after he presented an appeal to persuade British authorities to drop charges against him for breaching his bail conditions when he entered the Ecuadorian embassy.
Budget carrier RyanAir has announced that the 20% increase in salaries it's negotiating with its pilots will push its costs €100m higher next year.
Tuesday's US inflation reading is seen as crucial to many traders and analysts, with eurozone GDP unlikely to surprise and UK company results coming from the likes of Galliford Try and Shire.
Esports entertainment group Gfinity announced on Tuesday that UNILAD Esports - a team backed by its online media namesake - has acquired a place to compete in the third season of the Gfinity Elite Series, taking place at the Gfinity Esports Arena in London in March and April.
Over the past few years the belief that electric vehicle sales would rise exponentially, and that the automotive industry as a whole was heading into a period of rapid technological change, took off on the back of heightened concerns about air quality and global warming.
The Treasury select committee has ordered the Financial Conduct Authority (FCA) to publish its report into Royal Bank of Scotland's treatment of small businesses during the financial crisis by Friday or face contempt of parliament.