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Dr Martens shares plunge 30% as CEO steps down amid bleak profit outlook
Dr Martens shares slumped by a third on Tuesday as the UK bootmaker said chief executive Kenny Wilson would step down and issued another profit warning for the current financial year amid continuing woes in its key US market.
Europe open: Shares slump on Middle-East tensions, Wall Street
European shares opened 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.
Auction Technology revenue rises as it adjusts margin forecasts
Online marketplace operator Auction Technology Group reported a 6% improvement in first-half revenue in an update on Tuesday, to $86m, as it narrowed its full-year margin guidance.
Oxford Instruments ends year in line with expectations
Scientific technology specialist Oxford Instruments said in an update on Tuesday that trading in the financial year just ended was in line with expectations, with positive momentum in revenue growth.
Wise continues to see strong uptake for services in Q4
Global payments technology company Wise continued to enjoy a strong uptake for its services during the last quarter of its fiscal year.
Hays net fees fall amid tough global recruiting market
Global recruiter Hays reported a fall in net fees in a challenging third quarter on Tuesday, down 17% in total year-on-year, and 14% lower on a like-for-like basis.
Plus500 tracks ahead of expectations in first quarter
Plus500 reported a solid first-quarter performance in an update on Tuesday, with the company tracking ahead of market expectations for the 2024 financial year.
London open: Stocks hit four-week low on mixed data, Middle East tensions
London stocks dropped to a four-week low on Tuesday morning as mixed economic data from the UK and China, along with rising tensions in the Middle East, hammered investors' appetite for risk.
QinetiQ ends year in line with forecasts, finance chief departs
QinetiQ Group reported a good operational performance in the final quarter of its financial year on Tuesday, in line with market expectations.
UK unemployment rate rises to 4.2%; Wages up 6%
The UK's unemployment rate rose by 4. 2%, official data revealed on Tuesday, with the number of people classed as "economically inactive" on the rise while employers started to cut back on hirings.
Moneysupermarket reports mixed first quarter
Moneysupermarket Group reported continued growth in insurance segments in its first quarter on Tuesday, with overall revenue up 8% at £114. 6m.
Vodafone taps SAP executive to lead business division
Vodafone announced the appointment of Marika Auramo as chief executive of Vodafone Business on Tuesday, effective from 1 July.
Chinese Q1 GDP beats forecasts, but growth tails off in March
Economic growth in China unexpectedly picked up in the first three months of the year, according to the National Bureau of Statistics of China, though separate data revealed that momentum had eased somewhat by March.
London pre-open: FTSE 100 to hit one-month low on Israel, China fears
UK stocks are expected to open at a one-month low on Tuesday on the back of rising Middle East tensions and a mixed bag of economic data from China.
QinetiQ finance chief departs, Dr Martens chief executive to step down
London open The FTSE 100 is expected to open 98 points lower on Tuesday, having closed down 0. 38% on Monday at 7,965. 53.
Tuesday newspaper round-up: Tesla, Trump trial, Boeing, Thames Water, Apple
Tesla is to cut more than 14,000 jobs as Elon Musk’s groundbreaking electric car company feels the heat of a global price war with Chinese rivals at the same time as stalled demand for zero-emission vehicles. In an email to staff amid reports that workers in California and Texas have begun receiving redundancy notices, Musk stated: “As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity.