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US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
Wall Street futures were in the green ahead of the bell on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
Music streaming service Spotify missed its own active user estimates in the first quarter but reported a 20% rise in revenue.
London's FTSE 100 was on set for its second record in as many days on Tuesday, as easing concerns about the Middle East and a weaker pound gave market sentiment a boost.
European shares surged ahead on Tuesday, with Britain's FTSE 100 index hitting a record high and upbeat survey data from the eurozone boosting sentiment.
Software-as-a-service technology company Itim Group has inked an additional professional services contract with toy retailer The Entertainer.
Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.
RBC Capital Markets has slashed its target price for Watches of Switzerland Group ahead of its full-year trading update next month, projecting a "tough" luxury watch market.
Exploration firm Baron Oil said on Tuesday the chairman John Wakefield has stepped down from the board as it made a series of changes to its governing structure.
Subsurface resources location company Getech has won a new contract with Kazakhstan-focussed copper exploration business East Star Resources.
Jefferies upgraded Reckitt Benckiser to ‘hold’ from ‘underperform’ on Tuesday and lifted the price target to 4,400p from 4,100p.
Britain’s private sector saw robust expansion in April, according to fresh data on Tuesday, marking the sixth consecutive month of growth.
French carmaker Renault beat forecasts with its first-quarter results, though shares fell as sales from the automotive division were held back by currency movements.
Swiss pharmaceutical giant Novartis raised its full-year guidance Tuesday after beating expectations in its first quarter.
Accesso Technology Group launched its ‘Accesso ShoWare’ software-as-a-service (SaaS) ticketing suite to the UK market on Tuesday.
Software firm GB Group said on Tuesday that it had made a "strong finish to the year", with adjusted operating profits coming in above expectations.
Business activity in the eurozone grew at the fastest pace for nearly a year in April, according to preliminary data released on Tuesday.
Iron ore pellets producer Ferrexpo said on Tuesday that production levels had significantly increased during the three months ended 31 March despite experiencing more conscriptions from its workforce throughout the quarter.
Asia-Pacific markets concluded trading with a mixed bag of outcomes on Tuesday, as some regions extended their gains from the previous day, buoyed by a resurgence in tech stocks on Wall Street.
Transport testing, simulation and measurement specialist AB Dynamics reported an 8% increase in first-half revenue on Tuesday, to £52. 3m.