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UK's Topps Tiles warns of lower profit on heatwave disruption, weak spending

British retailer Topps Tiles LSE:TPT on Wednesday warned its annual profit could drop by 29% after quarterly like-for-like sales were hurt by customers trading down to cheaper products and heatwave-induced temporary work stoppages among builders.The company said it expects adjusted pretax profit fo…

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EconomyStocksGB

Europe before the bell: downbeat futures

EUROPE BEFORE THE BELL: DOWNBEAT FUTURESEuropean stock index futures are pointing to a muted start to the new quarter, as talks between the U.S. and Iran encountered new hurdles that kept the prospect for lasting peace between the two countries murky.Iran said on Tuesday it would not meet with top…

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