BALPA said on Tuesday that it was shocked by easyJet's proposal to axe one out of every three of its pilots in the UK.
A late spurt of buying saw stock market gauges across the Continent recover to finish on a mixed note, helped by the release of some significantly better-than-expected readings on the economy in Europe and from overseas.
The market spotlight on Wednesday will be on global manufacturing, with sector surveys due out in all the major jurisdictions.
Equity strategists at Bank of America reiterated their 'overweight' stance towards French, Spanish and Italian stocks, telling clients, notwithstanding a possible setback in the States, the European recovery was proceeding more smoothly.
Inovio Pharmaceuticals's experimental vaccine against the novel coronavirus was found to be safe in an early stage clinical trial and successfully induced an immune response in the majority of participants in the test.
TalkTalk revealed on Tuesday that chairman Charles Dunstone had purchased one million ordinary shares in the FTSE 250-listed telecommunications firm.
London stocks closed in the red on Tuesday, after the release of weaker-than-expected GDP figures and amid ongoing concerns about the coronavirus pandemic.
Online fashion retailer Asos is likely to report a muted third quarter, Liberum said in a note on Tuesday.
Laboratory diagnostic services provider Immunodiagnostic Systems announced on Tuesday that its “fully automated” SARS-CoV-2 (Covid-19) IgG antibody test was available for sale.
Europe-focussed mineral exploration company Erris Resources announced on Tuesday that it will resume fieldwork at the Loch Tay gold project in Scotland, starting in July.
FireAngel Safety Technology said on Tuesday that revenue for the six months ending 30 June was expected to be at least 70% of its pre-Covid budget performance.
The US and the EU are heading for a rocky period of trade relations that could lead to higher tariffs on goods flowing both ways, the European trade commissioner said.
London’s FTSE 250 was down 0. 8% at 17,068. 49 in afternoon trade on Tuesday.
Stelios Haji-Iaonnou's stake in easyJet has dropped below 30% meaning the tycoon is no longer classed as a controlling shareholder of the company he founded 25 years ago.
Wall Street stocks were higher at the opening bell on Tuesday, the final day of trading for June and the second quarter.
GB Group said it was impossible to understand the continuing impact of Covid-19 on its business as the identity data company posted a 40% increase in annual profit.
London’s FTSE 100 was down 1. 2% at 6,152. 12 in afternoon trade on Tuesday.
The recovery in factory sector activity in the Chicago area lagged behind the rest of the country in June and hiring continued to falter.
Home prices in the States continued moving higher in May, but a bit more slowly than anticipated.
The former head of UBS's investment banking operations in Britain will be the next chairman of Santander UK.
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