Market Pulse
Wednesday preview: Queen's speech worth watching, Whitbread reports
The Queen's speech to open parliament will dominate the news in the UK on Wednesday, while the financial calendar includes public sector borrowing data and results from Whitbread and Berkeley.
US close: Falling oil prices, rising dollar and mixed Fedspeak dents stocks
Falling oil prices weighed on Wall Street to drag stocks indices back from their record highs as a septic stock environment was created amid a higher dollar and mixed remarks from top US central bank policymakers.
FX round-up: Loveless sterling southbound as Carney jawbones on rates
Sterling resumed its ride lower again on Tuesday after Bank of England governor Mark Carney said now was not the time to raise UK interest rates.
Europe close: Commodity woes knock stocks down
Stocks ended at their worst levels of the session, weighed down by selling in Basic Resources and Oil & Gas names.
Commodities: Crude plunges on burgeoning Libya, Nigeria output
Crude-oil futures went for a skate lower on Tuesday as traders sold the black liquid aggressively on renewed fears of oversupply, this stoked by burgeoning output from Libya and Nigeria and also US shale pumping concerns.
Pro Global completes sale of outsourcing unit
Pro Global Insurance updated the market on the proposed sale of its outsourcing and consulting businesses on Tuesday, confirming the sale was now unconditional.
UK culture secretary Bradley mulls Fox's Sky takeover
Culture Secretary Karen Bradley said by next Friday she would decide whether Sky's takeover by 21st Century Fox should be referred to full competition investigation.
Boeing raises long-term forecast for jetliner deliveries
Boeing was in focus after the jet manufacturer raised its forecast for new airplane demand over the next 20 years.
Bluejay finalises field programme for Disko
Greenland and Finland-focussed Bluejay Mining announced on Tuesday that it had finalised a field programme designed to refine the Disko Nuussuaq geological model.
US open: Stocks dip amid oil price slump, mixed Fedspeak
Falling crude oil futures weighed on Wall Street a day after the Dow Jones Industrial and S&P 500 hit fresh record highs amid mixed remarks from top US central bank policymakers.
Kin Group lands wellness deal with NHS trust
Digital wellness provider for corporate organisations Kin Group announced on Tuesday that as of June it has contracted with an unnamed NHS trust hospital to provide a services programme for doctors, nurses and staff.
FTSE 250 movers: Melrose lifted by Numis upgrade; IWG slumps on CEO share sale
The domestically-focused FTSE 250 was down 0. 3% to 19,806. 39 in afternoon trade, dented by a weaker pound.
Gemfields recommends Fosun offer over 'derisory' Pallinghurst bid
Faberge owner Gemfields said on Tuesday that it is recommending its shareholders accept a takeover offer by China's Fosun, despite branding the bid "not fair and reasonable" as the other offer from Pallinghurt is "derisory".
Shanta Gold reaches agreement to acquire Helio Resource Corp.
Shanta Gold and Helio Resource Corporation announced on Tuesday that they had entered into a definitive arm's-length arrangement agreement dated as of 19 June Vancouver time, under which - subject to Helio shareholder approval and British Columbia Supreme Court approval - Shanta will acquire all of the issued and outstanding common shares of the TSX-listed Helio by way of a statutory plan of arrangement.
Brent crude oil futures testing key level of technical support
Crude oil futures' grip on a key level of technical support was being tested ahead of the release of key industry data on the state of US inventories.
Mitie secures new contract worth up to £168m
Outsourcer Mitie has been awarded a new contract with affordable housing provider Home Group.
Barclays charged by Serious Fraud Office over 2008 Qatar deal
Barclays and four former executives have been charged by the Serious Fraud Office with conspiracy to commit fraud and the provision of unlawful financial assistance over the bank's emergency fundraising deal with Qatar at the height of the financial crisis.
Tlou produces first coalbed methane power in Botswana
Botswana-focussed coalbed methane (CBM) power generation developer Tlou Energy announced on Tuesday that it generated its first power from CBM at its field in Botswana following the installation of a gas generator at the Selemo project area.
Amur makes solid progress at Kun-Manie deposits
Russia-focussed nickel-copper sulphide mineral exploration and resource development company Amur Minerals Corporation announced its progress through 14 June on its 2017 drill programme at the Ikenskoe / Sobolevsky (IKEN ) and Kubuk (KUB) deposits of Kun-Manie on Tuesday.
Investec keeps Barclays at 'buy' after SFO ruling
Analysts at Investec reiterated their 'buy' stance and target price on shares of Barclays after the Serious Fraud Office charged four former top executives for 'fraud' and the lender itself with two offences of conspiring to commit fraud and on one account of unlawful financial assistance.