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FTSE 100 movers: Miners rally as copper rises; Intertek tumbles
London's FTSE 100 was up 1% to 7,743. 11 in afternoon trade on Tuesday, underpinned by strength in the mining sector.
Europe midday: Stocks track strength in US, analysts more upbeat
Stocks on the Continent are bounding higher, tracking Wall Street's rebound back to its year-to-date highs, with traders referencing strong company earnings as the main driver behind share price gains.
UK farmers warn of food shortage in no-deal Brexit scenario
Britain's farmers warned of a food shortage next year if a frictionless trade deal after Brexit was not agreed with the EU.
Ultra Electronics slumps on Kepler downgrade
Ultra Electronics tumbled on Tuesday as Kepler Cheuvreux downgraded its stance on the stock to 'hold' from 'buy' saying there is limited upside pending the chief executive officer's review.
Trump threatens trade allies over Iran - all in the name of peace
Donald Trump officially reimposed sanctions against Iran on Tuesday and threatened any trading partner of the US with retaliation – all while proclaiming he was acting in the interests of world peace.
JP Morgan upgrades Ferrexpo on valuation, free cash flow forecasts
Analysts at JP Morgan slashed their target price on shares of Ferrexpo, on account of what they said was the iron ore miner's now higher cost base.
Harvey Nash agrees to £98.7m bid from shareholder
Aim-listed recruiter Harvey Nash has agreed to be bought by funds controlled by shareholder DBAY Advisors for £130p per share in cash and one interim dividend of up to 1. 75p per share.
Germany industrial production falls twice as sharply as expected in June
Industrial sector activity in the euro area's growth engine, Germany, slowed twice as sharply as expected in June, as factory and construction sector output cooled.
Unsettled market drives Pebble Beach revenue down
Broadcast content playout software company Pebble Beach Systems Group updated the market on Tuesday, ahead of the publication of its interim results later in the month, saying it expected to achieve H1 revenue of around £3. 9m - down from £4. 6m last year.
US pre-open: Stocks to edge higher as investors brace for more earnings
US stocks looked set to gain at the open on Tuesday, with energy shares likely to advance amid rising oil prices, as investors braced for more earnings and brushed aside the latest trade war rhetoric from President Trump.
Velocys gets environmental tick for planned Natchez refinery
Renewable fuels company Velocys announced on Tuesday that the US Department of Agriculture (USDA) has issued a ‘Finding of No Significant Impact’ (FONSI) on the environmental assessment report for its planned Bayou Fuels biorefinery in Natchez, Mississippi.
Asiamet chuffed with recent drilling at Beutong
Asiamet Resources reported further “excellent” results from the current infill and extension drilling program being undertaken at its 80%-owned Beutong Project on Tuesday.
London midday: Stocks extend gains as commodity sector rallies
London stocks extended gains by midday on Tuesday, with strength in the commodity sector helping to offset some disappointing corporate updates, as investors brushed off more trade war rhetoric from US President Trump.
Nu-Oil's Enegi making progress on 'more complex' farm-in agreement
Nu-Oil and Gas updated the market on discussions between its wholly-owned subsidiary Enegi Oil and PVF Energy Services on the farm-in by PVF to production lease 2002-01(A) on Tuesday.
Standard Life Aberdeen brings buyback forward as outflows disappoint
Standard Life Aberdeen said it would accelerate its £1. 75bn share buyback programme after net outflows and profits fell slightly more than expected in the first half of the year.
UK motor market stuggles see Pendragon numbers slide
Pendragon issued its half-year results for the six months ended 30 June on Tuesday, reporting a 0. 9% like-for-like fall in group revenue to £2. 41bn, but a 0. 2% improvement in total group revenue.
China FX reserves indicate PBoC keeping powder dry
China's foreign exchange reserves increased last month, suggesting the People’s Bank of China was holding back from using its funds to help support the falling yuan.
UK pubs shutting at rate of 18 per week
Around 18 pubs closed each week in the UK over the first six months of the year, according to new analysis released on Tuesday that called for an easing of the financial burden on the industry that results in a third of the cost of a pint being made up of various taxes.
Europe open: Strong corporate earnings buoy shares
Stocks on the Continent are bounding higher, with traders referencing strong company earnings as the main driver behind share price gains.
Fevertree founders sell £104m of shares
Fevertree Drinks’ shares dropped on Tuesday after the company’s founders scored a big payday by selling off £103. 5m worth of their shares in the drink mixer manufacturer.