Latest News
Uber allies with start-up Lime to add rentable scooters on app
Uber announced its new partnership with electric scooter startup Lime on Monday which will allow the company to rent out scooters via its smartphone app.
US close: Street finishes higher as earnings season begins
Wall Street managed moderate gains on Tuesday, as investors turned their attention to the start of earnings season as a welcome distraction from recent trade war concerns.
FX round-up: Economists divided on August MPC hike, political uncertainty in focus
Sterling edged higher on Tuesday, even after the European Union's chief negotiator, Michel Barnier, said Brussels would continue to insist that the single market for goods was inseparable from that for services.
Commodities: Copper extends losses after Chinese investor cuts long position
Industrial metals sagged on Tuesday, helping to drag the entire complex lower, with some traders attributing the decline to the liquidation of a $1bn position in the red metal by a Chinese investor, as reported by the Financial Times.
Sector movers: Tech takes off, defensives decline again
Tech stocks were among the main risers on Tuesday, while utilities and telecoms again were the main presence on the downside.
Results round-up
Recruiter Robert Walters posted a 16% rise in second-quarter gross profit on Tuesday amid growth across its regions and business lines.
Europe close: Stocks gain as oil prices grind higher, Blackrock downgrades Europe
Higher oil prices helped prop-up stocks on the Continent, despite a raft of negative headlines on the economic front, with a widely-followed German survey of analysts revealing clear concern about the storm clouds that were gathering over global trade.
World Cup preview: Croatia v England
Wednesday brings an opportunity for Croatia to reach their first ever World Cup final and for Gareth Southgate’s England to make a huge step towards ensuring that football 'comes home'.
Wednesday preview: US inflation, BoE's Carney, Burberry
Barring surprises, the focus of Wednesday's session is unlikely to be on economic releases.
London close: Stocks and sterling struggle for direction amid mixed data
London stocks and the pound were range-bound on Tuesday as investors where overwhelmed by a confusing political backdrop and a slew of UK economic data.
Broker tips: Computacenter, Ascential, Rentokil
Barclays cut Computacenter to 'underweight' from 'equal weight' on Tuesday on valuation grounds.
Tesla agrees to open 500,000 capacity plant in Shanghai
Tesla signed agreements with Shanghai authorities on Tuesday that will see the manufacturer open a plant in the city.
Summit Therapeutics receives grant for Gonorrhea drug treatment development
Summit Therapeutics on Tuesday was awarded a grant of up to $4. 5m from CARB-X, a public-private partnership devoted to accelerating early antibiotic research and development.
NIESR forecasts further small acceleration in third quarter GDP
Britain's economy is set to continue recovering after the unexpected slowdown seen at the start of the year, according to one of the country's leading think-thanks.
Collagen Solutions' losses widen ahead of 'transitional year'
Biomaterials developer Collagen Solutions lost more money in its last financial year amid lumpy revenues.
Director dealings: Impax CFO lowers stake ahead of placing
Charlie Ridge, chief financial officer of Impax Asset Management, offloaded 304,000 ordinary shares in the firm on Tuesday as part of a placing of 3. 48m shares conducted by Peel Hunt.
Jefferies downgrades fully valued Rentokil
Analysts at Jefferies chose to downgrade their stance on pest control firm Rentokil on Tuesday, saying that the group's accelerated growth had brought it to full valuation and moved the stock from 'buy' to 'hold'.
US open: Dow continues earnings streak ahead of earnings season
Wall Street trading began on a positive note on Tuesday as the start of earnings season provided a welcome distraction from recent trade war concerns.
Barclays downgrades Computacenter on valuation grounds
Barclays cut Computacenter to 'underweight' from 'equalweight' on Tuesday on valuation grounds.
Avanti gives Indonesia 2 week extension on $20m payment
Avanti Communications on Tuesday said it had agreed to give the Indonesian government an extra two weeks to pay $21m owed to it under a court settlement.