European shares were lower on Tuesday as persistent fears over higher interest rates and a warning from Moody's that a looming US government shutdown would threaten America's triple-A credit rating.
Stocks in London ended Tuesday on a varied note, reflecting global apprehensions around the Chinese economy and rising interest rates, while the shadow of a US credit warning from Moody’s loomed large.
M&C Saatchi disclosed on Tuesday that its chief financial officer, Bruce Marson, had purchased 33,741 shares.
Consumer healthcare firm Alliance Pharma reported first-half revenue growth for its Kelo-Cote and Nizoral products on Tuesday, meeting the board's expectations.
Mobile payments specialist Boku reported a 26% improvement in first-half revenues on Tuesday, to $38. 2m.
Americans' short-term confidence fell back for a second consecutive month in September amid the recent increase in petrol prices and weakness in the stock market.
Stocks on Wall Street were again on the back foot on Tuesday with analysts in the City attributing the selling to recent hawkish remarks from top officials at the Federal Reserve.
Luxury fashion brand Burberry took a hit as both Morgan Stanley and Deutsche Bank cut their price targets on the stock.
JPMorgan Chase on Tuesday said it had reached settlements with the US Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein.
Personal care consumer goods maker PZ Cussons on Tuesday held annual guidance despite a fall in full-year profits as cost inflation and issues at its Nigerian operation continued to weigh.
New home selling activity in the U. S. slowed last month, even as the supply of houses available to be sold increased.
London's FTSE 100 was down 0. 1% at 7,617. 49 in afternoon trade on Tuesday.
House price gains in the U. S. picked up in July, the results of two surveys showed.
RS Group surged on Tuesday after markets blog Betaville pointed to "a fresh round of takeover speculation" in one of its latest uncooked alerts.
Digital learning and talent management specialist Learning Technologies reported a 2% rise in first-half revenues on Tuesday, to £284. 6m, while on an organic constant currency basis, revenues remained flat.
Mortgage Advice Bureau reported a 22% rise in first-half revenue on Tuesday, at £117. 5m.
Asthma-focussed medical device developer Niox Group reported a robust 21% increase in first-half revenue on Tuesday, reaching £18. 8m.
Andrews Sykes Group reported first-half revenue from continuing operations of £38. 84m in its interim results on Tuesday, up from £37. 9m in the first six months of 2022.
Technology and data-focussed consultancy Next 15 Group reported a 5% uptick in its net revenue on Tuesday, to £286. 4m, with statutory revenue exhibiting growth of 7%.
Luxury fashion brand Burberry took a hit on Tuesday as both Morgan Stanley and Deutsche Bank cut their price targets on the stock.
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