Analysts at Deutsche Bank slashed their target price for shares of 888 following the company's first set of results following completion of the acquisition of William Hill.
Retail giant Wal Mart delivered better-than-expected quarterly earnings and sales, while raising its forecasts for the latter in 2023.
German investor sentiment deteriorated slightly in August, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
European shares were higher at midday on Tuesday, boosted by strong results at Australian miner BHP, although sentiment was again tempered by recessionary fears.
Stock market futures were pointing to a flattish to slightly negative start to trading on Wall Street as investors mulled recent weak economic data and their implications for US central bank policy and company earnings.
London stocks were still in the black by midday on Tuesday, having taken their opening cue from a late bounce on Wall Street, as investors mulled the latest UK jobs data.
Budget airline Ryanair said on Tuesday that it will add more than 500 flights to and from its main base at London Stansted Airport for the autumn mid-term break, after Heathrow extended its passenger cap to the end of October.
Stocks in Asia were mixed on Tuesday, with Chinese real estate firms and Australian miners underpinning some of the gains.
Chinese technology giant Tencent Holdings is planning to sell most or all of its stake in e-commerce and food delivery platform Meituan, it was reported on Tuesday.
British Airways staff clinched an average 13% pay rise to help offset the cost-of-living crisis and the pay cuts suffered during the pandemic.
RBC Capital Markets initiated coverage of GlaxoSmithKline’s consumer health spinoff Haleon on Tuesday at ‘sector perform’ with a 300p price target.
The Competition and Markets Authority closed its leasehold case against Barratt Developments on Tuesday, citing a lack of evidence.
Healthcare investor Syncona reported net assets of £1. 33bn at the end of its first quarter on Tuesday, or 197. 9p per share, up from £1. 31bn and 194. 4p per share at the end of March.
Hedge fund Elliott Management has reportedly sold almost all of its position in Japan’s SoftBank.
Paper and packaging company Mondi has agreed to buy the Duino mill near Trieste in Italy from the Burgo Group for €40m.
Britain's Heathrow airport has extended its flight cap until October 29 as it continues to struggle to meet passenger demand during the summer.
European shares edged higher at the open on Tuesday, boosted by strong results at Australian miner BHP, although sentiment was again tempered by recessionary fears.
Fashion brand Ted Baker said on Tuesday that it has agreed to be taken over by Reebok owner Authentic Brands Group in a £211m deal.
London stocks rose in early trade on Tuesday following a late bounce on Wall Street, as investors mulled the latest UK jobs data.
Australian mining giant BHP posted a large rise in annual profits on the back of soaring coal prices and said it would return almost $9bn to shareholders.
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