EIG Management to sell 60m shares in Harbour Energy in placing
Barclays Bank said on Tuesday that Harbour Energy’s third largest shareholder, EIG Management Company, is planning to sell around 60m shares in a placing to institutional investors.
Europe close: Stoxx 600 jumps 1.9% as oil prices retreat
European stocks rebounded strongly on Tuesday after a market-wide sell-off saw equities across the region sink to a two-month low, as oil prices came back down to earth after their biggest intraday spike in history.
IEA holds meeting to discuss release of emergency stockpiles
The International Energy Agency on Tuesday convened an extraordinary meeting of its members to discuss whether or not to release emergency stockpiles of crude to alleviate the oil crisis developing as a result of the US-Iran war.
London close: Stocks rebound as oil prices fall back
London stocks rose on Tuesday as oil prices retreated sharply and investor sentiment improved after US president Donald Trump signalled that the war with Iran could be nearing an end.
Wednesday preview: US inflation print eyed; Balfour Beatty, L&G results due
Full-year results from Balfour Beatty and Legal & General are due on Wednesday, along with the latest US inflation print.
Broker tips: Clarkson, Domino's Pizza, Admiral
Analysts at Berenberg raised their target price on shipping firm Clarkson from 4,750p to 5,250p on Tuesday, stating current "macro uncertainty" was driving further momentum.
FTSE 250 movers: Industrial stocks jump as oil prices retreat
The FTSE 250 was trading 2% higher at 22,535. 30 on Tuesday after sinking to a three-month low the previous session, with big gains in the manufacturing and industrial sectors providing a boost.
Europe midday: Stocks rebound strongly as oil prices pull back
Stock markets across Europe rebounded strongly on Tuesday after a heavy sell-off the previous session as oil prices eased on hopes that conflict in the Middle East would be shortlived.
US open: Stocks higher as oil slumps, Trump comments boost sentiment
Major indices opened higher on Tuesday as markets absorbed the Trump administration's latest remarks on Iran and oil prices extended their move lower.
US existing home sales unexpectedly rise in February
US existing home sales rose 1. 7% in February to an annualised 4. 09m, accordingt to the National Association of Realtors, defying expectations for a drop to 3. 89m.
Director dealings: Naked Wines chairman snaps up shares
Naked Wines revealed on Tuesday that chairman Jack Pailing had acquired 12,000 ordinary shares in the London-listed online wine retailer via his interest in Eschler Global Fund SPC-Colebrooke Opportunities Fund SP.
Profits spark at Kohl's despite slide in sales
Kohl’s Corporation said on Tuesday that it still had “important work” ahead of it, despite a rise in net income, after the US retailer saw sales slide over the crucial holiday period.
FTSE 100 movers: Persimmon rallies on results; BP, Shell gush lower
London’s FTSE 100 was up 1. 2% at 10,370. 38 in afternoon trade on Tuesday.
Bill Ackman unveils plans for Pershing Square IPO on NYSE
Billionaire investor Bill Ackman has officially announced plans to list Pershing Square on the New York Stock Exchange in a new closed-end fund, Pershing Square USA (PSUS).
US small business optimism falls for second straight month
The National Federation of Independent Business' small business optimism index slipped for a second straight month in February, easing to 98. 8 from 99. 3 in January and coming in below expectations for 99. 7.
Adnoc halts operations at refinery after drone attack
The biggest oil refinery at Ruwais in the United Arab Emirates has reportedly halted operations after a drone strike caused a fire in the industrial area in which it’s located.
Shares slide as Lindt cuts sales guidance
Shares in Lindt & Sprungli Group fell heavily on Tuesday, after the Swiss chocolatier lowered sales guidance on the back of volatile geopolitical conditions.
Rotork FY profits, revenue rise but outlook disappoints
Rotork reported a rise in full-year profits and revenue on Tuesday, but shares in the industrial valve manufacturer tumbled after it said upstream and midstream markets were expected to remain subdued.
Persimmon full-year profits, completions rise
Housebuilder Persimmon said on Tuesday that underlying operating profit for 2026 was set to be towards the upper end of consensus expectations as it posted a rise in full-year profit and completions, with growth across all three brands.
US pre-open: Futures flat as crude retreats on Trump remarks
Wall Street futures were little changed ahead of the bell on Tuesday as traders continued to digest comments from Donald Trump, who said the war with Iran was "very complete, pretty much".