1. FTSE 100 down 76 points
Meanwhile in the US, America’s stock markets felt the brunt of a higher-than-expected inflation reading on Tuesday.
2. TUI set to bow out of London with a bang after quarterly update
On the day shareholders are being asked to vote on a de-listing from the LSE, the group weighed in with better-than-expected quarterly numbers, sending the shares 4% higher at 600.5p.
3. Bitcoin flips Berkshire Hathaway as 10th largest global asset
Bitcoin’s dominant performance over the past five months has brought the world’s largest cryptocurrency into the 10 largest global assets by market capitalisation after flipping Warren Buffet’s legendary investment vehicle Berkshire Hathaway.
4. The Body Shop falls into administration, 2,000 jobs at risk
The Body Shop, established in 1976 by Dame Anita Roddick in Brighton, has been a stalwart of ethical consumerism, bringing cruelty-free beauty products to the mainstream.
5. Tiger Woods unveils new brand following Nike split
Sun Day Red (SDR), in collaboration with TaylorMade, will replace Nike’s TW Collection as the official brand of the golfing legend and is expected to be released in May.