UK retail sales jumped in December, industry data showed on Tuesday, as shoppers splashed out on Christmas food and gifts.
European shares extended gains on Monday, with sentiment boosted by the reopening of borders in China, and data releases that suggested the Continental recession may be shallower than expected.
All eyes on Tuesday were expected to fall on Federal Reserve chairman Jerome Powell and any policy-relevant remarks that he might deliver at an event hosted by Sweden's Riksbank.
Industrial metals miners' shares lent their heft to the upside move in the stock market at the start of the week, amid ongoing optimism around China's push to reopen its economy and against the backdrop of further slippage in the Greenback.
Citi upgraded BT Group to 'buy' from 'neutral' on Monday as it argued that pricing momentum could offset free cash flow headwinds.
Premier Inn owner Whitbread has appointed Karen Jones as a non-executive director with immediate effect.
London stocks were mixed by the close on Monday, as investors continued to mull last week’s payrolls report and a further easing of Covid curbs in China.
Analysts at Jefferies raised their target price on retailer Marks & Spencer from 115. 0p to 125. 0p on Monday after market share data confirmed a "strong Q3" for the group.
Shares of StanChart were indeed "cheap", demonstrating the "attractive" value on offer in European lenders, analysts at Barclays judged.
Wealth manager Quilter warned on Monday that positive net flows throughout 2022 had been offset by adverse market movements.
Apple is reportedly planning to unveil its new virtual reality headset this spring.
US stocks were set to fall much further than many pessimists anticipated with a recession likely to add to their losses, Morgan Stanley strategists said.
Bytes Technology Group revealed on Monday that chief executive Neil Murphy had acquired 44,483 shares in the FTSE 250-listed group.
Former McDonald's chief executive Steve Easterbrook has been charged with misrepresenting his November 2019 firing, the Securities and Exchange Commission said on Monday.
Ground engineering contractor Keller Group issued a profit warning after uncovering financial fraud at its Australia business that resulted in two directors being sacked.
Wall Street stocks were in the green early on Monday as stocks look to extend gains recorded in their first strong session of 2023.
London’s FTSE 100 was up 0. 2% at 7,716. 27 in afternoon trade on Monday.
FTSE 250: 19,468. 43, -0. 19% at 1500 GMT.
Equity strategists at JP Morgan told clients that now might be a good time to start taking profits on the EuroStoxx 50, going on to explain that some of the main drivers of European outperformance were now much more priced in, even if "not by any means exhausted".
Vodafone said it had entered into binding terms in relation to the sale of its Hungary unit to local IT company 4iG and state-owned Corvinus for €1. 8bn.
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