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Latest News
15:24
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Incoming MPC member says rate cuts are "the direction of travel"

Interest rate cuts by central banks across Europe is "the direction of travel", according to the incoming deputy governor of monetary policy at the Bank of England, though the timing for monetary easing is still uncertain.

15:20
Easyjet suspends flights to Israel until October

Budget carrier easyJet on Tuesday said it had suspended flights to Tel Aviv until October 27 after Iran's missile and drone attack against Israel on Saturday night.

15:10
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US housing starts fall by more than expected in March

Builders broke ground on fewer new homes last month than anticipated.

14:26
FTSE 250 movers: Investors put the boot into Dr Martens

FTSE 250 (MCX) 19,461. 17 -1. 21% .

13:27
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Bank of America upbeat despite profits slide

Bank of America said it had seen a “strong” first quarter on Tuesday, despite posting a sharp fall in profits.

13:25
Berenberg stays at 'buy' on Yellow Cake on tight supplies and supply risk

Analysts at Berenberg stood by their 'buy' recommendation for shares of Yellow Cake, the uranium oxide concentrate holding company, following a fireside chat with its boss, Andre Liebenberg.

13:11
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Ericsson sees sales stabilising, shares spark

Shares in Ericsson rallied on Tuesday, after the Swedish telecoms group posted above-forecast quarterly numbers and said it expected sales to stabilise in the second half.

12:23
Europe midday: Shares stay in the red; Dr Martens stumbles

European shares were sharply lower on Tuesday after hefty losses on Wall Street as investors waited for Israel's response to a missile attack by Iran on Saturday.

12:12
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US pre-open: Futures mixed as 10-year Treasury note reaches fresh high

Wall Street futures were mixed ahead of the bell on Tuesday as the 10-year Treasury note hit a fresh high.

12:11
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London midday: Risk appetite hammered by mixed data, Middle East fears

UK equities were a sea of red on Tuesday with just six stocks on the FTSE 100 in positive territory, as a barrage of mixed economic data and rising concerns about conflict in the Middle East hammering market sentiment.

11:27
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Sosandar FY revenues grow, expects 'marginal loss'

British fashion brand Sosandar detailed year-on-year revenue growth on Tuesday but said it still expects to report a "marginal loss" for the year.

11:22
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Everyman's growth trajectory on track, says Canaccord Genuity

Everyman Media is "well positioned for future success", according to Canaccord Genuity, which reiterated a 'buy' rating on the company following its 2023 results on Tuesday.

11:08
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Cyanconnode FY revenues to 'materially exceed' market expectations

Narrowband radio mesh networks business Cyanconnode said on Tuesday that full-year revenues were expected to "materially exceed" market expectations.

11:00
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Cinema chain Everyman delivers strong results, expects further growth in 2024

Shares in Everyman Media jumped on Tuesday after the upmarket cinema chain released its 2023 results, showing a double-digit rise in revenues and profits, with further growth expected this year.

10:48
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Germany investor morale strengthens in April - ZEW

Investor morale in Germany improved by more than expected this month, a closely-watched survey showed on Tuesday.

10:35
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Asia report: Stocks slide amid fresh geopolitical fears

Asia-Pacific markets experienced a significant downturn across the board on Tuesday, influenced by global geopolitical concerns and robust economic data from China.

10:26
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System1 revenues grow YOY

Software group System1 said on Tuesday that revenues had grown year-on-year, buoyed by the successful launch of its TYA Pro+ offering and strong platform revenue growth in the US.

10:24
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International Paper to snap up DS Smith in £7.8bn deal

International Paper has agreed to buy British rival DS Smith in a £7. 8bn all-share deal, it was confirmed on Tuesday.

10:13
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Eleco acquires Vertical Digital companies

Software provider Eleco has acquired the Vertical Digital group of companies in a deal worth as much as €1. 55m.