Wall Street stocks recorded losses on Tuesday as investors returned from a break in observance of George Washington's birthday to an escalation in tensions between Russia and Ukraine.
All eyes on Wednesday will be on the ongoing crisis and how the international community responds to Russia's decision to recognise the two breakaway republics in Ukraine's Donbass region.
European shares finished on a mixed note after Russia's unexpected decision overnight to recognise two breakaway republics in Ukraine's Donbass region and possibly send in "peacekeepers".
London stocks were in a mixed state at the close on Tuesday, as the West started implementing sanctions on Russia amid escalating tensions over Ukraine.
Hochschild Mining disclosed a share purchase made by a non-executive director on Tuesday, worth more than £75k.
Galileo Resources reported progress in the modelling of historic drill data at Luansobe on Tuesday, as well as completion of the second payment to the vendors to secure an initial 75% interest in the Luansobe Copper Project in Zambia.
German car maker Volkswagen confirmed on Tuesday that it is currently in "advanced discussions" with its largest shareholder regarding a potential IPO of Porsche.
Tungsten Corporation announced an extension to the put-up-or-shut-up deadline on a possible takeover offer from California-based automation software company Kofax on Tuesday.
IGas has agreed a heads of terms with mineral exploration and development company Cornish Lithium, it announced on Tuesday, to evaluate suitable sites where geothermal heat could be developed on a commercial basis.
Arrow Exploration updated the market on the drilling of the next well, RCE-2, at the Rio Cravo Este Field in Colombia on Tuesday.
Macy’s reported a stronger-than-expected end to the year on Tuesday.
Fishing tackle and equipment retailer Angling Direct said in an update on Tuesday that it had continued to trade in line with its expectations, and expected to report a 7. 2% increase in revenue for the 2022 financial year, to £72. 5m.
Advertising giant WPP has bought influencer marketing company Village Marketing for an undisclosed sum.
London’s FTSE 250 was down 0. 4% at 21,010. 44 in afternoon trade on Tuesday.
London’s FTSE 100 was up 0. 2% at 7,496. 79 in afternoon trade on Tuesday.
Analysts at Berenberg raised their target price on mining giant BHP from 2,200. 0p to 2,300. 0p on Tuesday after the firm's interim results came in better than expectations.
Wall Street stocks were mixed early on Tuesday as investors returned from a break in observance of George Washington's birthday to an escalation in tensions between Russia and Ukraine.
Biotherapeutic pharmaceutical company 4D Pharma announced on Tuesday that the United States Food and Drug Administration (FDA) has cleared investigational new drug applications for ‘MRx0005’ and ‘MRx0029’, for the treatment of Parkinson's disease.
Caledonia Mining confirmed on Tuesday that an accident had taken place at the Blanket Mine in Zimbabwe, which resulted in the death of employee Andrew Clydon Phiri.
TV broadcaster Tegna has agreed to be bought by hedge fund Standard General for $5. 4bn.
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