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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.
US new home sales rise more quickly than anticipated in March
New home sales in the U. S. jumped last month, rising at their strongest clip since September 2023.
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.
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.
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.
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".
Power Metal Resources completes Molopo drillhole
Power Metal Resources announced the completion of drillhole DDH1-14C at its Molopo Farms Complex project in southwestern Botswana on Tuesday.
PepsiCo Q1 profit boosted by international performance
US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
US pre-open: Futures in the green as corporate earnings roll in
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.
Spotify Q1 revenues rise, but user numbers miss estimates
Music streaming service Spotify missed its own active user estimates in the first quarter but reported a 20% rise in revenue.
London midday: FTSE 100 on track for another record as stocks rise
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.