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13 Sep
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SIG holds forecasts on upbeat long-term outlook

Building materials group SIG reported a 23% drop in first-half profits on Tuesday, but stuck to its full-year forecasts as painted an upbeat picture around the long-term demand for sustainable construction projects.

08 Aug
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Wednesday preview: China CPI. UK house prices in the spotlight

Investors' attention in the middle of the week would continue to be trained on the People's Republic of China and the latest consumer price statistics that would be released overnight in the Asian giant.

08 Aug
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Sector movers: Chinese trade figures, headwinds in banking hit shares

Industrial miners were at the bottom of the pile on Tuesday on the FTSE 350 following the release of weaker-than-expected Chinese foreign trade data covering the month of July.

08 Aug
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Italy hits banks with windfall tax

A surprise 40% windfall tax has been levied on Italian bank profits to help households and small businesses struggling with the cost of living, the government has announced.

08 Aug
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Europe close: Italy windfall levy sparks sell-off in banking shares

European shares closed lower on Tuesday as Italy's decision to impose a 40% windfall tax on bank profits sparked fears that other European states could do the same - leading to a sell-off in the sector.

08 Aug
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London close: Stocks weaker amid concerns for global stability

Stocks in London finished in negative territory on Tuesday, largely influenced by unfavourable economic data from China coupled with underwhelming corporate earnings reports.

08 Aug
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US open: Shares lower on China data, potential banks downgrade

US stocks fell on Tuesday morning, following Asian and European indices lower, as weaker-than-expected export data from China worried investors about the health of the world’s second-largest economy.

08 Aug
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Europe midday: Italian banks tank on levy; China data disappoints

European shares were lower on Tuesday as weaker-than-expected trade data from China and poor UK retail sales survey data hit sentiment, while Italian bank stocks plunged after the government introduced a 40% windfall tax on profits.

08 Aug
FTSE 250 movers: TI Fluid surges on divi hike; Financials out of favour

Shares in automotive sector player TI Fluid Systems surged on Tuesday as the company more than doubled its dividend and posted a surge in earnings.

08 Aug
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Director dealings: Safestyle CFO invests, Staffline interim chair linked to sale

Replacement window and door specialist Safestyle UK was on the list of director buys on Tuesday, after its chief financial officer picked up almost 120,000 shares.

08 Aug
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Windward secures AI contract with Peninsula Petroleum

Maritime artificial intelligence (AI) specialist Windward has secured a contract with marine energy supplier Peninsula Petroleum, it announced on Tuesday.

08 Aug
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Physiomics inks contract extension with Numab Therapeutics

Mathematical modelling company Physiomics, which specialises in the development of oncology drugs and personalised medicine, confirmed a renewed contract with Numab Therapeutics on Tuesday.

08 Aug
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PetroTal upbeat after strongest ever quarter

PetroTal reported record average quarterly sales of 18,483 barrels of oil per day in its second quarter on Tuesday, making for a 46% increase from the first three months of the year.

08 Aug
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Atlantic Lithium releases new assay results from Ewoyaa

Explorer and developer Atlantic Lithium released new assay results from its ongoing drilling initiative at the Ewoyaa Lithium Project in Ghana on Tuesday.

08 Aug
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Central bank may be at point where rates do not need to rise further, Fed's Harker says

The U. S. central bank may have reached a point at which it no longer needs to hike interest rates further - maybe - a top official said.

08 Aug
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FTSE 100 movers: Financials and Miners hit

Abrdn’s share price dropped 10% on Tuesday as it reported a drop in assets under management in challenging market conditions and announced a doubling of its share buyback programme.

08 Aug
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London midday: Shares down on China data, weak earnings news

The FTSE 100 was trading lower on Tuesday as weak economic data from China and disappointing corporate earnings dampened sentiment in the mining sector.

08 Aug
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Glencore profits halve on weaker commodity prices

Mining giant Glencore saw earnings halve in the first six months of the year on weaker commodity prices, which had surged in response to Russia's unprovoked invasion of Ukraine last year.

08 Aug
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US foreign trade deficit falls in July as imports shrink

America's shortfall on trade with the rest of the world narrowed in June as imports fell.

08 Aug
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US small business confidence improves by a bit more than expected in July, NFIB

Small business confidence in the States improved slightly last month, the results of a closely followed survey revealed.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.