Investors' focus in the middle of the week will be on consumer price data for the month of January.
Wall Street stocks closed higher on Tuesday after word broke that Russia had pulled back a number of troops from the Ukrainian border.
European shares recovered most of the previous session's losses on Tuesday on news that Russia had partially withdrawn troops from the border with Ukraine in the first signs a diplomatic resolution to the crisis could be achieved.
London stocks closed in positive territory on Tuesday, as concerns around tensions between Russia and Ukraine eased.
Wholesale price inflation in the US continued rising at a brisk pace last month amid big gains both at the headline and core level.
Barratt Developments was on the list of director buys on Tuesday, after it disclosed a purchase worth more than £30k made by its chief financial officer.
Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.
Power Metal Resources updated the market on the Selta Project in Australia’s Northern Territory on Tuesday, which is prospective for rare earth elements (REE) and uranium.
London’s FTSE 250 was up 1. 1% at 21,850. 98 in afternoon trade on Tuesday.
Virgin Galactic shares were heading for the stratosphere on Tuesday, after the company announced it would open commercial ticket sales for its space flights.
Analysts at Berenberg hiked their target price on telecommunications giant BT Group from 200. 0p to 225. 0p on Tuesday, stating certain inflationary tailwinds were currently underappreciated.
London’s FTSE 100 was up 0. 7% at 7,587. 10 in afternoon trade on Tuesday.
Wall Street trading got off to a positive start on Tuesday after word broke that Russia had pulled back a number of troops from the Ukrainian border.
Agriculture technology and contract electronics manufacturer Light Science updated the market on a £0. 5m government grant to its controlled environment agriculture (CEA) division.
Professional services group RBG announced on Tuesday that its subsidiary LionFish Litigation Finance has agreed a £20m litigation investment arrangement with an unnamed alternative investment firm.
Clinical diagnostics developer Verici Dx announced on Tuesday that its two lead in-vitro diagnostic assays, ‘Clarava’ and ‘Tuteva’, had completed analytical validation under the CLIA requirements, meeting criteria for robust assay performance.
Altus Strategies announced the intersection of a “significant” gold zone from reverse circulation (RC) drilling at the Lakanfla Central prospect on the Lakanfla licence on Tuesday.
Russia has returned some of the troops gathered around Ukraine to their garrisons, the Defence Ministry said on Tuesday, in a sign that it could be stepping back an invasion.
Professional and financial services company Frenkel Topping reported “excellent” progress in 2021 in a trading update on Tuesday, driven by organic growth, high levels of new business, and complementary strategic acquisitions.
Building materials distributor Lords announced on Tuesday that its subsidiary Hevey Building Supplies has signed an exclusivity agreement with Huws Gray for the potential acquisition of a Grafton Merchanting GB (GMGB) ‘Buildbase’ branch in Sudbury, Suffolk.
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