Wall Street stocks closed in a mixed state on Wednesday, after some disappointing data from the ADP.
Investors will be focused on a raft of survey results for the global services sector on Thursday.
European shares finished on a mixed note on Wednesday, although news that Britain had approved a Covid-19 vaccine and that a bipartisan group of US congressmen was pushing for a $908m fiscal stimulus package helped stocks reverse early losses.
Commodity and financial stocks were again at the top of the leaderboard in the middle of the week, helped by ongoing optimism around the macroeconomic outlook for 2021.
London stocks closed in positive territory on Wednesday, helped along by a weaker pound, as UK approval of Pfizer’s Covid-19 vaccine for rollout next week failed to provide any meaningful boost to markets.
Deutsche Bank increased its share price targets for the UK's banks and named Barclays, Standard Chartered and Virgin Money as its top picks with a wave of bad loans looming.
Robert Walters revealed on Wednesday that non-executive director Rohinton Moded had acquired 12,000 ordinary shares in the London-listed recruitment firm.
Intellectual property investor Tekcapital announced on Wednesday that portfolio company Salarius had successfully launched its ‘SaltMe’ snack line on Amazon in North America.
United Oil & Gas updated the market on the Abu Sennan licence in Egypt on Wednesday, where it holds a 22% working interest, including the signing of the rig contract for the ASH-3 well.
Lady Green pledged to accelerate the final payment into Arcadia's pension scheme in order to help cover its deficit.
London’s FTSE 250 was up 0. 1% at 19,861. 98 in afternoon trade on Wednesday.
Marks & Spencer was not planning to return the business rates relief provided by the government during the pandemic.
Wall Street stocks were lower at the bell on Wednesday after some disappointing data from the ADP.
London Stock Exchange shares surged on Wednesday after a report that EU antitrust regulators are set to clear its $27bn (£20. 2bn) purchase of data analytics company Refinitiv.
London’s FTSE 100 was up 1% at 6,447. 58 in afternoon trade on Wednesday.
Travel operator TUI AG has clinched a financial support package with a group of investors that included the German government worth €1. 8bn.
Monzo, the UK challenger bank which now has more than 4. 8m customers, has raised another £60m in funding.
Minerals exploration and development company Alien Metals has received final laboratory analysis of assays and submitted drilling plans to the Mines Department for the next stage exploration at its Hamersley iron ore projects in Western Australia, it announced on Wednesday.
South Korea’s Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year in a move to expand towards the EV sector.
Communities in the UK are being asked to enter a bid to host a prototype nuclear fusion power plant.
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