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Sector movers: Defensives find bid as Turkish lira bounces, analysts wary
Defensives were clearly in the lead on Tuesday, even as the top-flight index bounced back from its intra-day lows.
Italy motorway bridge collapse near Genoa kills at least 22
A large section of motorway bridge collapsed onto houses in the northern port city of Genoa on Tuesday killing at least 22 people, officials said.
Europe close: Stocks finish flat despite another move lower for single currency
Stocks on the Continent ended the session little changed, alongside a bounce in the Turkish currency, the lira, even as the euro fell to.
Results round-up
Support services provider Mears saw pre-tax profits improve throughout the first half of its trading year despite reporting a decline in revenue.
Broker tips: Elementis, Card Factory
Elementis shares rose on Tuesday as Berenberg upgraded the speciality chemicals and personal care business to 'buy' from 'hold', saying it's undervalued and the market is assuming the worst as far as its acquisition of Mondo Minerals is concerned.
London close: Stocks finish off lows, but analysts cautious
A spate of weaker-than-expected Chinese data and continuing concerns around the situation in Turkey weighed on stocks on Tuesday, although the tone in financial markets was calmer as the Turkish lira staged a bounce.
Tesla board awaits formal take-private proposal from Musk
Tesla directors have not yet received a formal proposal from CEO Elon Musk to take the company private, they said on Tuesday.
Wednesday preview: Inflation in the spotlight, Admiral and Balfour reporting
Wednesday's UK inflation data will be under close scrutiny after wage growth was shown to have slowed, potentially revealing a new consumer squeeze, while companies reporting results included Admiral, Balfour Beatty and Hikma Pharmaceuticals.
BT approaches former Ofcom boss for vacant CEO role
BT Group is considering former Ofcom boss Stephen Carter, former EE chief executive Olaf Swantee and Alison Kirkby, chief executive of Swedish telecoms operator Tele2, for the role chief executive, according to reports from Sky News on Tuesday.
Card Factory downgraded at Berenberg following profit warning
Analysts at Berenberg downgraded Card Factory to 'sell' on Tuesday, noting that the firm's "weak" first half trading update made it look like the retailer was "struggling to find momentum".
US open: Dow goes green as investors shrug off claims that Turkey will stop buying iPhones
Wall Street trading began on a positive note on Tuesday while investors gave thanks as Turkey's woes eased after the lira stabilised following a week of heavy losses.
Cryptocurrencies tumble as 'panic' motivated sell-off continues
Bitcoin’s value dipped below $6,000 on Tuesday while other cryptocurrencies such as Ethereum continued to sink amid a continued sell-off in digital currencies.
KEFI Minerals prepares for development at Ethiopian asset
AIM-listed copper ores company KEFI Minerals has appointed itself a new head of project implementation as the company ramps-up preparations for the development of its Tulu Kapi gold project in Ethiopia.
Director dealings: Hill and Smith chairman ups stake
Jock Lennox, the chairman of infrastructure products manufacturer Hill and Smith, acquired 3,500 shares in the firm, just one week after the firm revealed that interim pre-tax profits had fallen 14%.
Car attack outside Westminster treated as terror offence - police
A man has been arrested on suspicion of terrorism offences after a car crashed into security barriers outside the Houses of Parliament, police said on Tuesday.
John Menzies profits rise; CMA to probe Airlines Services acquisition
Logistics group John Menzies posted a rise in first-half profit thanks to higher cargo volumes on the same day that the Competition and Markets Authority referred its purchase of Airlines Services for an in-depth investigation.
Esure agrees £1.2bn takeover by Bain Capital; weather claims dent H1 profit
Esure said on Tuesday that it has agreed to be bought by private equity firm Bain Capital for 280p a share in cash, as it posted a drop in first-half pre-tax profit, partly on the back of adverse weather-related claims costs.
Elementis rallies on Berenberg upgrade to 'buy'
Elementis shares rose on Tuesday as Berenberg upgraded the speciality chemicals and personal care business to 'buy' from 'hold', saying it's undervalued and the market is assuming the worst as far as its acquisition of Mondo Minerals is concerned.
FTSE 250 movers: Clarkson in choppy waters while Hill & Smith recovers
London's second-tier index was flat at 20,569. 44 in afternoon trade on Tuesday.
WPP buys US branding and content agency HZ
WPP has bought US branding, content and design agency, Hirshorn-Zuckerman Design Group (HZ), for an undisclosed sum.