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US close: Stocks finish higher on retail sales, stimulus hopes
Wall Street stocks closed in the black on Tuesday, amid stronger-than-expected retail figures and news of more monetary and fiscal policy support from the Federal Reserve and the White House.
Boohoo to announce acquisition of Oasis, Warehouse - report
Fast-fashion retailer Boohoo could announce the purchase of Oasis and Warehouse alongside its first-quarter results on Wednesday.
William Hill announces placing as revenues improve
Bookmaker William Hill announced a share placing on Tuesday to bolster its balance sheet, as it reported an improvement in group revenues.
Europe close: Stocks finish higher despite news of Covid-19 outbreak in Beijing
Stocks across the Continent extended their rebound in later afternoon trading stoked by news of further stimulus Stateside and after the release of a much stronger-than-expected reading on US retail sales.
Wednesday preview: UK CPI, Berkeley Group in focus
The spotlight in the middle of the week will fall on the latest consumer price data.
China moves to stem Covid-19 outbreak in Beijing
Authorities in the Chinese capital ordered all schools to close again in a bid to stem an outbreak which could, potentially, jeopardise efforts nationwide to reopen the economy.
London close: Markets finish higher on hopes of Trump stimulus
London stocks finished well above the waterline on Tuesday despite weak UK jobs data, amid reports US President Donald Trump is considering a $1trn infrastructure package and after the Federal Reserve launched a corporate bond-buying programme.
Broker tips: Howden Joinery, Bunzl, Big Yellow
Analysts at Canaccord Genuity slightly lowered their target price on joinery products supplier Howden Joinery from 525. 0p to 523. 0p on Tuesday, stating that growth and capital returns remained "on pause".
Director dealings: Talktalk CEO makes share purchase
Talktalk revealed on Tuesday that chief executive Tristia Harrison had acquired 223,045 ordinary shares in the FTSE 250-listed telecommunications firm.
Fed's Powell remains confident on 'full' economic recovery, given time
The head of the US central bank sounded a confident note on the outlook for a "full" recovery in the US economy over the long-term but conceded that uncertainty remained very high and that such a rebound would take time.
Renold works to cut costs amid Covid crisis
Industrial chains and power transmission products supplier Renold reported a fall in revenue to £189. 4m in its final results on Tuesday, from £199. 6m year-on-year.
Checkit losses widen after disposal of Bulgin
Checkit reported revenue from continuing operations of £9. 8m in its preliminary results on Tuesday, rising from £1. 0m year-on-year.
Johnson merges DfID into Foreign Office
Boris Johnson has announced plans to scrap the Department for International Development and merge it into the Foreign Office, sparking criticism from senior Conservatives.
FTSE 250 movers: Wood Group gains on contract wins; Babcock retreats
London’s FTSE 250 was up 3% at 17,601. 57 in afternoon trade on Tuesday.
Rashford scores victory over Johnson on school meals
Boris Johnson's government has caved in to pressure led by Manchester United star Marcus Rashford by agreeing to fund meals for England's poorest children over the summer.
US open: Stocks surge on stronger-than-expected retail data
Wall Street stocks recorded solid gains at the bell on Tuesday amid stronger-than-expected retail figures and news of more monetary and fiscal policy support from the Federal Reserve and the White House.
PharmaMar shares jump after FDA approves first lung cancer treatment for 22 years
Shares of Spanish biotechnology firm Pharma Mar jumped after receiving approval from US regulators for its treatment against small cell lunch cancer treatment.
US housebuilder sentiment surges in June - NAHB
Sentiment among US housebuilders surged in June, according to figures released on Tuesday.
Revenues fall amid 'extremely difficult period' at Midatech
Drug delivery technology company Midatech Pharma reported a fall in total gross revenue to £0. 7m in its final results on Tuesday, from £1. 9m year-on-year.
FTSE 100 movers: Travel stocks shine; Admiral hit by downgrade
London’s FTSE 100 was up 3. 6% at 6,283. 88 in afternoon trade on Tuesday.
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