Market Report
zinc metals metales glencore
Glencore adds another $1bn to share buyback programme

Glencore will buy back another $1bn of shares, it said on Tuesday as the commodities colossus approached the end of its previous $1bn share buyback.

Card Factory, retailing, gifts
Card Factory revenue rises in first half, special divi announced

Card Factory posted a drop in underlying pre-tax profit and like-for-like sales on Tuesday as it took a hit from extreme weather and consumer caution, but overall revenue rose and the retailer announced a special dividend.

mining polymetal
Polymetal's cost of borrowing to reduce as firm improves sustainability score

Polymetal has been classified as “a leader” in the diversified metals sector by independent environmental, social and governance (ESG) research and ratings firm Sustainalytics, the company announced on Tuesday.

libra, esterlina, divisa, moneda, reino unido pound currency
Close Brothers sees good growth in preliminary results

Close Brothers reported a “good performance” for the year ended 31 July in its preliminary results on Tuesday, with a 4% increase in adjusted operating profit to £278. 6m.

ep tabaco cajetilla cigarrillos
Imperial Brands enjoys 'much stronger' tobacco pricing mix

Imperial Brands said its tobacco business was enjoying "much stronger" sales in the second half of the year and said it plans to launch its heat-not-burn tobacco product early in 2019.

city of london skyline
London pre-open: Stocks to edge lower amid trade worries; Next raises guidance

London stocks were set to edge lower at the open on Tuesday amid ongoing worries about the trade conflict between the US and China.

Imperial Brands tobacco enjoying 'much stronger' sales, Next raises guidance after solid summer

London open The FTSE 100 is expected to open three points lower on Tuesday, having closed down 0. 42% at 7,458. 41 on Monday.

24 Sep
cbsears short
US close: Markets mixed as trade tensions linger

US stocks finished on a mixed note on Monday, as trade tensions resurfaced after China called off planned trade talks with Washington over the weekend and as fresh tariffs on Chinese imports kick in.

24 Sep
FX round-up: Pound bounces, Turkish lira and Russian rouble in focus

The pound bounced back at the start of the week even after - in what observers said was a challenge to the Prime Minister - Tory rebels published their alternative to her Brexit plan and despite a weak reading on a widely-followed survey of factory sector conditions.

24 Sep
SOVA Capital believes Bank of Russia's next move will be a rate cut

Central Bank of Russia's recent decision to hike rates does not foreshadow that more interest rate hikes lay ahead, analysts at Sova Capital said.

24 Sep
irn bru iron brew ag barr
Tuesday preview: US housing data, Card Factory, AG Barr

The calendar for regularly-scheduled economic events is exceedingly light on Tuesday, with the main releases expected to be the US Federal Housing Finance Agency and S&P Case-Shiller's home price indices for the month of September.

24 Sep
Europe close: Negative trade headlines trigger profit-taking

Stocks on the Continent are seeing some slight selling after China announced at the weekend that it would postpone any further talk with Washington on trade until after the next mid-term elections.

24 Sep
Turkish lira boosted as Pompeo lets slip Brunson could be released soon

The Turkish lira was boosted on Monday (USD/TRY -3. 2% on the day at 6. 09) as the US Secretary of State, Michael Pompeo, let slip that the administration would be holding talks with Turkey regarding the release of Pastor Brunson.

24 Sep
London close: Stocks slip on trade concerns

London stocks finished lower on Monday, as miners slipped on China's withdrawal from trade talks, but oil prices hit a four-year high and Sky surged after Comcast outbid Fox for the broadcaster.

24 Sep
ep imagen corporativathomas cook
FTSE 250 movers: Oil prices storm as Thomas Cook stuck in holiday hell

London's FTSE 250 was down 0. 34% at 20,520. 29 in afternoon trade on Monday.

24 Sep
Sector movers: Utilities and travel in the red, oilers gush

Oil companies led on the upside, but were outweighed by utilities and travel companies.

24 Sep
water cleaning plant
Labour pledges to set up publicly-owned water services run by workers

The Labour party has pledged to "turn off the tap" that sells-off utilities for private profit and to set up publicly-owned transparent water companies run by local councils, workers and customers.

24 Sep
ep camionvolvo trucks 20180912124504
Volvo halts Iran truck operations over US sanctions

Carmaker Volvo has halted its truck assembly lines in Iran over US sanctions that are preventing it from being paid, a company spokesman said on Monday.

24 Sep
US Deputy Attorney General set to step down - Axios

US Deputy Attorney General, Rod Rosenstein, tendered his resignation to the White House on Monday, in the belief that President Donald Trump was set to dismiss him.

24 Sep
smurfit kappa corrugated packaging
Smurfit Kappa hands over Venezuelan operations to government

Corrugated packaging group Smurfit Kappa has handed over full responsibility for its Venezuelan operations to the government there and will write down net assets of around €60m as a result.