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Markets

LSE Volume: 3,035 M
Avg Vol: 4,084 M -26%
Fallers
2,989
Unchanged 535
Risers
1,477

Shares in London fall sharply

Shares in London fell sharply during the morning following the Bank Holiday weekend reflecting major losses overnight in the US and earlier today in Asia.

CFO at Virgin Money Holdings (UK) departs

Virgin Money Holdings (UK) has announced that Lee Rochford is to stand down as chief financial officer (CFO) with immediate effect.

Press Roundup

A brief summary of Tuesday's main business headlines... Extensive coverage of investors being warned not to touch China, the questions being raised over accounting standards, Opec agreeing to open its door to oil price talks, further banking glitches and much more...

Globaltrans profits fall

Globaltrans posts a first half profit of RUB2,656m, a decline of 28% year on year, reflecting a decrease in operating profit and an increase in net finance costs. Compared to the second half of 2014, profit for the period was down 1%.

CAP-XX losses narrow

CAP-XX - a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems - posts a net loss of A$1.9m for the year to the end of June, down from A$2.5m last time.