Futamura workers in Wigton, northern England, will soon decide whether to strike, according to the GMB union, after turning down a 1.2% pay bump. Out of those who voted, 94% rejected the deal, with the union now pushing for a 3.8% raise for over 100 members at the cellulose film packaging facility. Futamura responded that talks will keep going “in good faith”.
Beazley shares edged up 0.4% to 1,225 pence as of 0819 GMT, after the UK Takeover Panel pushed Zurich Insurance Group’s “put up or shut up” deadline to 5 p.m. London time on March 4. Zurich’s bid for the Lloyd’s market specialist remains unconfirmed, leaving investors weighing their next move.
Shares of BAE Systems slipped roughly 1.1% to 2,007 pence in early London trade Tuesday, following a solid run in the previous session. Full-year results are expected Wednesday.
Unilever shares edged up in early London action Tuesday, as markets digested a new share purchase by CEO Fernando Fernandez alongside last week’s muted growth guidance. By 0810 GMT, the stock had gained roughly 0.3% to 5,435.5 pence.
Barclays kicked off Tuesday trading at 462.05 pence, up roughly 0.2% from Monday’s finish, after the bank disclosed it had repurchased 3.23 million shares for cancellation under its ongoing buyback. According to the filing, the shares changed hands at a volume-weighted average of 464.3338 pence.
Rio Tinto looked ready to kick off trading in London on Tuesday, just two days ahead of its full-year earnings. The stock slipped 1.1% in the previous session, closing at 7,111 pence.
HSBC shares looked flat in early London trade Tuesday, with the stock indicated at 1,251.2 pence. Investors kept an eye on new UK labour numbers and recalibrated their interest-rate expectations.
Reckitt Benckiser slipped 0.74% to close at 6,420 pence on Monday, losing some steam after reaching a 52-week high of 6,478 earlier. Shares moved in a narrow band, fluctuating between 6,418 and 6,478 pence. Roughly 3.7 million shares traded hands.
RELX grabbed some attention just before London’s open Tuesday, after fresh filings showed its senior leadership increasing their stakes. Chief executive Erik Engstrom’s total now stands at 1,327,129 shares and ADRs—those U.S.-listed certificates tied to the shares. Finance chief Nick Luff, for his part, holds 358,792 shares, according to the latest notice.
GSK caught attention ahead of Tuesday’s London session, with the drugmaker announcing the launch of a fresh £450 million piece of its share buyback program.
Computershare Ltd shares fell 3.47% on Tuesday to close at A$30.59, wiping out part of a 5.04% jump a day earlier. The stock ended the session down A$1.10.
CAR Group Limited slipped 0.54% to A$25.61 on Tuesday, according to trading data, trimming some of Monday’s 2.7% jump. The move put the company’s value near A$9.7 billion.
PLS Group Limited inched higher on Tuesday, ending the session at A$4.32, up roughly 0.2%. The ASX slowed activity with investors eyeing the company’s interim results due later in the week.
Aristocrat Leisure Ltd closed Tuesday at A$49.53, inching up just 0.04%. Not much action by the bell, though the range told a different story: shares moved from A$48.69 to A$50.00 during the day. That keeps the stock hovering in the lower tier of its 52-week bracket.
Treasury Wine Estates dropped another 4.6% to A$4.74 by Tuesday’s close, building on losses from the day before. The winemaker is now trading close to its 2026 low.
Zip Co Ltd finished Tuesday’s session 2.8% higher at A$2.58, stretching a recovery that’s landed the buy-now-pay-later lender squarely back in focus for traders.
Woolworths Group Ltd closed out Tuesday unchanged at A$31.96. Not much action on the tape, with investors seeming more focused on the upcoming earnings next week and the escalating legal battle about supermarket discounting.