After a quiet couple of days for economic data, Wednesday's schedule picks up a gear with the release of April's UK consumer price index, while updates from high street names Curry's, JD Sports and Marks & Spencer will likely draw some attention.
Precious metals miner Adriatic Metals surged on Tuesday after confirming that it is in talks with Toronto-listed peer Dundee Precious Metals about a possible takeover offer.
Shares in Greggs surged on Tuesday as the UK bakery chain reported a rebound in sales, driven by an extended range of products, including a macaroni cheese that went viral on social media while pizza boxes and flavoured iced teas also sold well.
BioNTech announced on Tuesday that it will invest up to £1bn over the next decade to expand its research and development footprint in the UK, backed by a government grant of up to £129m.
Japanese auto giant Honda Motor has announced that it is slashing its investments into electric vehicles by 30%, just a week after it postponed building a new EV battery plant in Canada.
Barclays downgraded its stance on B&Q and Castorama owner Kingfisher on Tuesday to ‘underweight’ from ‘equalweight’ as it said the more than 25% year-to-date total shareholder return was "overly generous".
US do-it-yourself chain Home Depot on Tuesday held full-year sales forecasts and said it did not expect to raise prices in response to President Donald trump's tariffs.
Mosman Oil and Gas said on Tuesday that it has been in talks with a local helium business interested in buying the first well and associated contractual rights of the Billy Goat area of mutual interest (AMI) lease at its Vecta Project in Colorado.
Shares in biopharmaceutical group Poolbeg Pharma sank on Tuesday after the company revealed wider losses for the 2024 financial year as it raised nearly £5m in an oversubscribed placing as it progresses two key clinical trials.
Fintel said in an update on Tuesday that trading remained in line with expectations, as the company continued to make progress against its strategic objectives.
European shares opened higher on Tuesday as investors assessed a cut in China's interest rates to record lows after the central bank tried again to stimulate the world's second-largest economy while hopes of a ceasefire in Russia's war on Ukraine also boosted sentiment.
European shares extended gains on Tuesday after China cut interest rates to record lows as the central bank tried again to stimulate the world's second-largest economy while hopes of a ceasefire in Russia's war on Ukraine also boosted sentiment.
London stocks were still firmer by midday on Tuesday as concerns about Moody’s US credit rating downgrade faded, with hopes of a Ukraine ceasefire and a rate cut in China underpinning sentiment.
