London close: Stocks rise, but gains nearly erased in afternoon trade
Strong gains from mining, banking and defence stocks propped up UK markets on Tuesday, though gains were modest amid ongoing uncertainty regarding peace talks between the US and Iran.
Europe close: Stocks join global rally to finish higher
European stocks rose on Tuesday, moving close to new highs after the Dow Jones ended at a record level on Wall Street overnight.
Broker tips: Halfords, ITM Power, EasyJet
Canaccord Genuity lifted its target price on Halfords to 255p from 170p on Tuesday, saying strong early trading in FY27 and continued operational progress under new chief executive Henry Birch had prompted further upgrades to profit forecasts.
Wednesday preview: AB Foods update; UK manufacturing PMI due
Wednesday will bring the release of a trading update from Primark owner Associated British Foods as well as the latest UK manufacturing PMI.
UK government 'minded to intervene' in Paramount WBD tie-up
The British government has flagged it may intervene in Paramount Skydance’s $110bn takeover of Warner Bros Discovery, it was confirmed on Tuesday.
German inflation falls more than expected in June
The annual rate of inflation slowed again in June, according to estimates from the country's Federal Statistical Office, falling to its lowest level in four months as energy price growth eased.
BP deputy CEO and head of trading Howle to retire
BP said on Tuesday that deputy chief executive Carol Howle has decided to retire in the third quarter, after less than three months in the job.
FTSE 250 movers: Chemring up on UK defence plan; Rank slips on Burnham tax report
FTSE 250 (MCX) 23,144. 84 0. 56% .
Director dealings: Focusrite chairman designate snaps up shares
Focusrite revealed on Tuesday that chairman designate Ian Barkshire had acquired 87,280 ordinary shares in the AIM-listed audio products group.
FTSE 100 movers: Miners rally as copper prices rise; Entain slumps
London’s FTSE 100 was 0. 4% higher at 10,526. 99 in afternoon trade on Tuesday.
US open: Stocks higher as Dow Jones builds on record close
Major indices were in the green at the open on Tuesday following the Dow Jones' fresh record close.
Siemens Energy impresses with positive Q3 update
German energy tech giant Siemens Energy saw its share price jump on Tuesday after the company's fiscal third-quarter update call with analysts painted a positive outlook for demand.
Santander’s Ebury considering £100m takeover of Lumon
Ebury is reportedly considering a takeover of foreign exchange firm Lumon as it looks to accelerate its expansion ahead of an initial public offering.
US home price growth remains subdued in April
US home‑price growth remained subdued in April, according to the latest S&P Cotality Case‑Shiller data, with the national index rising 0. 8% year‑on‑year, barely above March's 0. 7% pace.
Canaccord Genuity ups target price on Halfords
Canaccord Genuity lifted its target price on Halfords to 255p from 170p on Tuesday, saying strong early trading in FY27 and continued operational progress under new chief executive Henry Birch had prompted further upgrades to profit forecasts.
Arkadian launches series of technical, environmental workstreams
Arkadian Strategic Metals said on Tuesday that it had launched a series of technical and environmental workstreams to advance its Motzfeldt critical metals project in southern Greenland towards a potential exploitation licence application.
Prologis proposal ‘inadequate, opportunistic and one-sided’, says Segro
Segro said on Tuesday that it was confident in its standalone investment case as it accused Prologis of trying to buy the company "on the cheap" after the US real estate firm published an investor presentation outlining the strategic and financial rationale of a deal.
UK government unveils £15bn hike in defence spending
The British government is to ramp up investment in drones and strengthen the country’s nuclear deterrent as part of a £15bn hike in defence spending, it was confirmed on Tuesday.
Barclays spends £750m to buy Canary Wharf HQ
Barclays has announced the acquisition of a long-term leasehold interest in its global headquarters at One Churchill Place in Canary Wharf in a deal worth £750m.
US pre-open: Futures flat ahead of H1's final session, investors watch US-Iran talks
Wall Street futures were little changed ahead of the open on Tuesday following the Dow Jones' fresh record close.