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Analyst reaction splits sharply after Brexit vote
Financial markets may remain cautious about British assets after the comprehensive defeat for the government's Brexit plan in the House of Commons on Tuesday, some analysts said, though others saw a decisive shift had created opportunities for gains.
May loses Brexit deal vote by 230
Prime Minister Theresa May's Brexit withdrawal agreement was heavily defeated on Tuesday night by 432 votes to 202, the biggest government loss since 1924.
Brexit: UK business groups react with anger to vote result
UK business leaders reacted with anger to Tuesday's heavy defeat of Prime Minister Theresa May's Brexit withdrawal agreement.
Brexit: So now what? Analysts weigh-in
Danske Bank: "The first thing to look out for is the Labour's motion of no confidence in May's government tomorrow. [. ] PM Theresa will most likely survive the vote (remember the Conservatives cannot force her to resign as party leader for another year after she won the party confidence vote in December). Vote takes place at 20:00 CET.
Ford and Volkswagen confirm development alliance
Carmakers Ford and Volkswagen announced an alliance on Tuesday that is aimed at reducing their costs in the face of slowing sales.
Europe close: Positive headlines out of Germany and China drive gains
Stocks on the Continent managed to reverse a midday swoon, helped by more positive news out of Germany and China, although investors were treading cautiously ahead of the vote on the Prime Minister's withdrawal plans later in the day in the British parliament's.
Commodities: Oil, copper gain on China stimulus
Energy futures snapped higher in late trading as the Greenback cut its earlier advance following news of a landslide rejection of the British Prime Minister's Brexit proposal.
Wednesday preview: Vote in Parliament, Tullow Oil
The focus on Wednesday will be on the magnitude of the Prime Minister's setback in Parliament, as analysts try to determine what the likely next steps might be and, of course, the end result.
M&S names 17 further store closures
Marks & Spencer on Tuesday confirmed plans to close 17 more of its stores, putting over 1,000 jobs at risk as the retailer continues downsizing as part of a turnaround plan.
Andrea Orcel will not be Santander's next CEO
Santander has decided not to go ahead and name ex-UBS banker, Andrea Orcel, as its new boss, arguing that the cost of bringing him on board would simply be too rich.
Forterra confident in full-year profits after strong fourth quarter
Forterra reported on Tuesday that it enjoyed good trading in the final quarter of 2018, instilling confidence that full-year profit before tax will meet expectations.
Director dealings: Restore chief buys-in even after after share price gets shredded
Restore boss Charles Skinner topped-up his holdings in the support services group on Tuesday.
Netflix increases US subscription price
Netflix shares rose on Tuesday as much as 6. 2% after it announced it would be increasing its subscribing prices in the US.
London close: Footsie rises as Brexit vote gives pound cold feet
As the pound got cold feet ahead of Parliament's 'meaningful vote' on Theresa May's Brexit deal, stocks in London gained a small boost late on Tuesday, alongside an earlier boost from China's latest economic stimulus plans.
Sector movers: Miners climb on China, investors mostly await Brexit vote
Gains for miners were among the few strong sector trends on Tuesday, as investors adopted a wait-and-see approach as MPs debated Brexit ahead of the "meaningful" vote on Theresa May's deal due in the evening.
FTSE 250 movers: Provident Financial dives while Spirent storms
London’s FTSE 250 was down 0. 21% at 18,378. 89 in afternoon trade on Tuesday, led by a drop from Provident Financial on a disappointing year-end update.
Elegant Hotels' revenues shine despite challenges of weak sterling
Elegant Hotels Group on Tuesday reported that annual revenues and adjusted profits crept up though Britons were deterred from its Barbadian hotels by the weak pound.
US open: Stocks rise, Netflix offsets losses from JP Morgan and Wells Fargo
Trading on Wall Street has gotten off to a positive start following the release of data that some analysts say shows scant pipeline price pressures building in the economy.
BAE Systems valuation attractive, says Barclays as it upgrades
Barclays upgraded aerospace and defence company BAE Systems to 'equalweight' from 'underweight' and lifted the price target to 550p from 500p as it pointed to an attractive valuation and lower volatility ahead.
Boohoo bumps up revenue guidance as sales rise
Fast fashion retailer Boohoo defied the retail gloom on Tuesday, upgrading its full-year revenue guidance following a solid end to 2018.