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.
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.
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.
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.
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.
Stocks in London finished in negative territory on Tuesday, largely influenced by unfavourable economic data from China coupled with underwhelming corporate earnings reports.
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.
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.
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.
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.
Maritime artificial intelligence (AI) specialist Windward has secured a contract with marine energy supplier Peninsula Petroleum, it announced on Tuesday.
Mathematical modelling company Physiomics, which specialises in the development of oncology drugs and personalised medicine, confirmed a renewed contract with Numab Therapeutics on Tuesday.
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.
Explorer and developer Atlantic Lithium released new assay results from its ongoing drilling initiative at the Ewoyaa Lithium Project in Ghana on Tuesday.
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.
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.
The FTSE 100 was trading lower on Tuesday as weak economic data from China and disappointing corporate earnings dampened sentiment in the mining sector.
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.
America's shortfall on trade with the rest of the world narrowed in June as imports fell.
Small business confidence in the States improved slightly last month, the results of a closely followed survey revealed.
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