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Broker tips: HSBC, Reckitt Benckisser, Watches of Switzerland
Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC one of its top picks.
Wednesday preview: US corporate results, Lloyds in the spotlight
The market spotlight on Wednesday will be firmly on the U. S. , as the latest quarterly results from the country's tech heavyweights continue to roll in.
BoE's Huw Pill says rate cuts still some way off
The Bank of England’s chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off".
US new home sales jump in March
New home sales in the United States bounced back strongly in March after a sharp downwards revision to numbers the month before.
Tesla announces plans to cut 400 jobs in Germany
Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.
Europe close: Stocks rise as investors digest PMI data
European markets closed above the waterline on Tuesday, propelled by positive survey data from the eurozone that bolstered investor sentiment.
London close: Footsie hits another record, but BoE comments limit gains
A weak performance from the heavyweight mining sector wasn't enough to stop the FTSE 100 from reaching a new record high on Tuesday, as London's blue-chip index rose for the fifth straight day.
UPS tops Q1 profit forecasts but misses on revenue
American transport and logistics giant United Parcel Service saw shares rise on Tuesday after quarterly profits beat analysts' forecasts, even though revenues fell more than expected.
First rate cut still some way off, BoE's Pill says
The Bank of England's first interest rate cut of the current cycle remains some way off, its chief economist said.
Watkin Jones names new CFO
Build-to-rent specialist Watkin Jones said on Tuesday that the underlying operating residential rental market "continues to perform well" throughout H1 and named a new chief financial officer.
Director dealings: Porvair CFO raises stake
Porvair revealed on Tuesday that chief financial officer James Mill had acquired 4,250 ordinary shares in the London-listed filtration and environmental technology group.
Getir investors said to fund European exit with new cash injection
Investors in grocery delivery app Getir, which at one point attained a valuation of almost £10bn, are reportedly set to inject yet more money into the company to fund its exit from the UK and Europe.
US open: Stocks higher as investors digest Q1 earnings
Wall Street stocks were in the green early on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
US economic activity slows in April, PMIs show
Economic activity in the U. S. slowed last month, the results of two closely followed surveys revealed.
FTSE 100 movers: AB Foods rallies on results; miners slump
London’s FTSE 100 was up 0. 1% at 8,033. 08 in afternoon trade on Tuesday.
88 Energy raising AUD 9.8m to strengthen balance sheet
88 Energy announced its intention to raise up to AUD 9. 8m (£5. 23m) on Tuesday, to strengthen its balance sheet and provide capital for ongoing projects.
Jupiter falls as clients pull £1.6bn in Q1
Jupiter Fund Management shares fell on Tuesday as the investment firm saw net outflows of £1. 6bn during the first quarter.
GM lifts full-year outlook after strong Q1
US auto giant General Motors on Tuesday lifted its profit and cash flow guidance for the full year after a strong first quarter in which it beat market forecasts.
Bushveld updates Vametco mineral resources
Bushveld Minerals updated the market on mineral resources and reserves for the Vametco vanadium mine near Brits on the Western Limb of the Bushveld Complex on Tuesday.