Shares in Wickes plunge as wet weather hits sales
Shares in DIY retailer Wickes Group tanked on Tuesday, after unseasonably wet weather dampened first-quarter sales.
Siemens Energy raises FY guidance following record Q2 orders
Germany's Siemens Energy hiked its full‑year guidance on Tuesday after posting record second‑quarter orders and a sharp improvement in profitability, supported by strong global demand for power generation equipment and grid infrastructure.
German investor negativity eases but experts still cautious
Investor sentiment in Germany improved slightly over the past month, according to the latest ZEW survey, but remains firmly in negative territory amid ongoing uncertainty regarding geopolitical developments in the Middle East.
Morgan Stanley downgrades Trustpilot, says AI upside now better priced in
Trustpilot tumbled on Tuesday after Morgan Stanley downgraded the shares to ‘equalweight’ from ‘overweight’ as it argued that AI upside was now better priced in.
UK's Starmer refuses to resign, throws gauntlet to challengers
Embattled UK Prime Minister Keir Starmer on Tuesday refused to resign despite growing calls from within his own ruling Labour Party to step aside - effectively laying down a challenge to potential rivals to unseat him.
Bayer beats Q1 profit estimates on strong agricultural sales
Strong growth in Bayer's agricultural division powered profit growth in the first quarter, with the German pharma and biotech giant beating analysts' estimates with its bottom line but missing market forecasts for sales.
Uniper reaffirms guidance after swinging to Q1 profit
Uniper reaffirmed its full-year guidance on Tuesday after swinging to a first-quarter profit, as a stronger gas trading performance and improved risk management helped shield the German state-owned utility from renewed volatility in energy markets.
On The Beach tumbles as reinstated FY guidance disappoints
On The Beach tumbled on Tuesday as the company’s reinstated full-year guidance fell short of expectations.
Asia report: Most markets fall on fresh US-Iran ceasefire doubts
Asia-Pacific markets traded mixed on Tuesday as investors cast fresh doubts over the fragile US-Iran ceasefire, after president Donald Trump warned the truce was on “massive life support”.
Picton agrees to be taken over in £403m deal
Picton Property Income has agreed to be taken over by a consortium led by LondonMetric in a proposed £403m deal, it was announced on Tuesday.
Greggs shares up on upbeat sales despite Iran war cost threat
Shares in Greggs jumped on Tuesday as the bakery chain held annual guidance and said like-for-like sales at the start of the year had improved but also warned that Iran war could push costs higher by the end of this year.
IWG Q1 revenues grow amid global network expansion
Serviced offices provider International Workplace Group said on Tuesday that revenues had continued to grow in the first quarter, supported by continued expansion of its global network and a sharp increase in signings and openings.
Marston's reports lower revenue, improved profit in first half
Marston’s shares were sliding on Tuesday, after it reported that first-half profit rose and margins improved despite lower revenue and the impact of accelerated investment in its pub estate.
Derwent London reports strong leasing activity
Derwent London said on Tuesday that leasing activity had remained strong so far this year, as the property investor announced a £50m share buyback and said it had exchanged contracts on £278m of disposals.
3i Infrastructure meets dividend target, will raise payout in 2027
3i Infrastructure reported an 8. 5% total return for the year ended 31 March on Tuesday, as it met its dividend target and said it would raise the payout again for the 2027 financial year.
Intertek surges as EQT lifts takeover proposal to £9.4bn
Intertek shot higher on Tuesday after Swedish private equity firm EQT lifted its takeover approach for the inspection, product testing and certification group to around £9. 4bn.
IMI reaffirms outlook following solid start to the year
Fluid and motion control specialist IMI reaffirmed its full-year outlook on Tuesday, despite the outbreak of war in the Middle East, on the back of a robust first quarter.
Bytes posts FY26 top‑line growth as Microsoft incentive drag eases
Software and security firm Bytes Technology reported further top‑line growth for the year ended 28 February on tuesday, with gross invoiced income rising 11. 5% as both software and services delivered double‑digit increases.
German April inflation confirmed at 2.9%
German inflation was confirmed at 2. 9% in April, the federal statistics office said on Tuesday.
Europe open: Shares slump on UK political turmoil, Trump Iran comments
European shares opened sharply lower as uncertainty over the future of UK Prime Minister Keir Starmer and Donald Trump’s rejection of Iran’s peace proposals both hit sentiment.