The FTSE 100 starts on the back foot this Tuesday as dollar weakness strengthens sterling. The London bourse is taking its lead from global stocks after the US imposed fresh sanctions on Chinese telecoms group Huawei.
Marks & Spencer (LON:MKS) is cutting 7,000 jobs over the next three months. The retailer said the coronavirus pandemic had made it clear there had a been a ‘material shift in trade’.
Carnival Corporation (LON: CCL) has been hit by a cyber attack which gained unauthorised access - including the download of certain data files.
And finally - Gaming Realms (LON:GMR) said it has continued to trade ahead of market expectations for the full-year, swinging into positive earnings territory for the first half of 2020