Tuesday, 22nd July 2014

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Glencore satisfies conditions of Las Bambas sale

Tue 22nd Jul 14, 12

Natasha Roberts

Mining behemoth Glencore has satisfied all of the conditions to complete the sale of its interest in the Las Bambas copper mine project.

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London midday: UK stocks rise as risk appetite returns

UK stocks rose strongly on Tuesday as a return of risk-on trading helped shares in the heavyweight mining sector and ARM Holdings impressed with better-than-expected second-quarter results. 8 minutes ago

Europe midday: Stocks gain as EU weighs sanctions against Russia

European stocks gained after pro-Russian rebels gave in to international calls to hand over evidence on the Malaysia Airlines downed in Ukraine. 20 minutes ago

Malaysia Airlines bodies reach Ukraine government

The remains of the 298 victims on board the downed Malaysia Airlines plane arrived in Ukrainian government hands on Tuesday as pro-Russian rebels passed over two flight-data recorders to investigators. 44 minutes ago

First half revenue falls 17% at IQE

Semiconductor wafer products and services supplier IQE fell sharply after first half revenue declined 17%, hit by the strength of sterling and wireless destocking. 47 minutes ago

AssetCo extends contract with Abu Dhabi government

AssetCo has signed an ongoing contract with the Abu Dhabi government to extend its fire services supply agreement. 21 minutes ago

Bagir Group warns on half year figures

Shares in tailoring firm Bagir Group lost more than a fifth of their value on Tuesday after it warned it would deliver an annual pre-tax loss of around $2m, with revenue coming in at the lower end of its expectations at $48m. 1 hour ago

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