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Market report: Glencore hit by falling metal prices, outflows dog Standard Life Aberdeen

A seeming dialling down in the aggressive rhetoric between the US and China and the latter’s move to stabilise its currency helped restore some calm to the markets with the FTSE 100 trading 0.3% higher at 7.192.96 in early trading. Miner and commodities trader Glencore (GLEN) slips 1.9% to 226.95 after announcing that its half-yearly earnings fell by nearly a third, amid lower copper and ...

Market report: Investors rally behind Ocado’s long-mooted international deal

On a fairly busy Tuesday for corporate news the UK’s major high street banks pass financial stress tests, Royal Dutch Shell (RDSB) has axed its austerity payout as its balance sheet strengthens and Pets at Home (PETS) losses its chief executive. But the biggest story of the day comes at supermarkets delivery company Ocado (OCDO), which has finally inked the long-awaited international tie-up ...
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