Tuesday, 2nd September 2014

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London midday: Stocks rise on UK construction data, ECB hopes

Tue 2nd Sep 14, 12

Benjamin Chiou

UK stock rose for the third straight session on Tuesday after data showed that growth in the British construction sector unexpectedly accelerated last month.

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Europe midday: ECB action a possibility, but politics may be an issue

Cyclical sectors, such as basic resources and automobiles, were in the lead early as traders chose to focus on the possibility of more dovish rhetoric from the European Central Bank at its policy meeting on 4 September. 24 minutes ago

Barclays' Spanish disposal a "welcome positive", says Deutsche Bank

The agreement to dispose part of Barclays' Spanish operations to Caixabank is a "modest but welcome positive", according to Deutsche Bank which retained a 'buy' rating for the UK bank on Tuesday. 55 minutes ago

Ukraine under "direct aggression" from Russia, says Ukrainian President

Russia has carried out "direct and undisguised aggression" against Ukrainian forces, Ukrainian President Petro Poroshenko said on Monday. 1 hour ago

Asia: China and Japan anticipate further stimulus

Asian stocks rose on the back of a hunch that weak Chinese manufacturing data would lead to further economic stimulation. 25 minutes ago

Johnson Service's H1 profit up 46% after textile rental expansion

Johnson Service Group has delivered positive first-half results after the acquisition of textile rental business Bourne Services Group. 59 minutes ago

Uber banned across Germany

Car hire and pick-up service Uber has been hit by a nationwide ban in Germany, after a court in Frankfurt ruled the company could not operate in the country. 3 hours ago

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