Air France-KLM on Tuesday started a capital raising as part of a €4bn recapitalisation to bolster its finances against the impact of the coronavirus pandemic.
JD Sports Fashion missed annual profits expectations, despite more people buying sports and casualwear during the pandemic lockdown, as it reinstated dividend payments and forecast higher earnings for the current year.
Online trading platform Plus500 reported sharp falls in first quarter profits and revenues against strong comparatives a year ago driven by Covid pandemic volatility.
Financial markets' focus in the middle of the week will shift to the other side of the Channel, where a raft of European Central Bank officials are due to deliver speeches, including its boss, Christine Lagarde.
Wall Street stocks turned in a mixed performance on Tuesday after the Food and Drug Administration and the Centers for Disease Control recommended the use of Johnson & Johnson's single-dose Covid-19 vaccine be temporarily halted after six people out of the 7. 0m who received the jab developed blood clots.
European shares continued to gain ground on Tuesday, helped by a slightly lower-than-expected reading on US inflation and strong China export data.
Company-specific news was the main driver behind share price gains on London's second-tier index on Tuesday, even if the FTSE 250 was benefitting from the risk-on mood in financial markets more generally.
Babcock cautioned investors to expect multi-billion pound impairments and charges for the financial year just ended following its contract profitability and balance sheet review (CPBS).
The Food & Drug Administration temporarily told US states to halt vaccination against Covid-19 with the Johnson & Johnson shot over rare blood clotting cases.
Singapore app company Grab is planning to list in the US through a record-sized special purpose acquisition company.
easyJet: Liberum downgrades to hold with a target price of 1,000p.
London stocks managed a positive finish on Tuesday, as investors mulled a slightly weaker-than-expected UK GDP reading and pored through the latest inflation data out of the United States.
Credit Suisse upgraded shares of Weir to 'outperform' from 'neutral' on Tuesday, pointing to an "attractive" entry point as we enter a period of compounding growth.
Deepverge said on Tuesday that chairman Ross Andrews had acquired 150,000 new ordinary shares in the AIM-listed technology firm.
Alba Mineral Resources announced on Tuesday that the evaluation pitting of the historic waste rock dump at the Clogau-St David's Gold Mine would be starting shortly.
Specialist wealth and asset management company Mattioli Woods announced the acquisition of Pole Arnold Financial Management from its shareholders on Tuesday, for initial consideration of £4m and potential further consideration of up to £3m.
Renewable electricity provider Good Energy Group reported a positive financial performance from its core business in its preliminary results on Tuesday, despite the ongoing macroeconomic conditions impacted by the Covid-19 pandemic.
The Bank of England said on Tuesday that chief economist Andy Haldane is leaving in June.
London’s FTSE 100 was flat at 6,887. 01 in afternoon trade on Tuesday.
Wall Street stocks were mixed early on Tuesday after the Food and Drug Administration and the Centers for Disease Control recommended the use of Johnson & Johnson's single-dose Covid-19 vaccine be temporarily after six people out of the 7. 0m who received the jab developed blood clots.
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