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Lufthansa warns of threat to €9bn rescue deal
German flag carrier Lufthansa warned its €9bn bailout could be at risk after its largest single shareholder attacked the deal ahead of a crucial investor vote next week.
Johnson Matthey secures first licensed methanol plant in Russia
Johnson Matthey announced on Wednesday evening that its combined reforming methanol technology has been selected by JSC Technoleasing for the new Amur Oblast facility in Skovorodino, Russia.
Growth in US oil stockpiles slowed last week, DoE says
Oil stockpiles in the US rose during the preceding week despite a sharp fall in domestic output, linked to tropical storm Cristobal, and a reduction in net imports.
Europe close: Stocks trim gains with Beijing Covid-19 outbreak in focus
Stocks finished modestly higher on Wednesday with some analysts crediting central bank support, even as investors kept a close eye on an outbreak of Covid-19 in Beijing and mounting numbers of new infections in the States.
Biden widens lead over Trump in latest Reuters/Ipsos poll
Presumptive Democratic party presidential hopeful, Joe Biden, widened his lead over rival Donald Trump to 13 points, his biggest advantage thus far in 2020, according to a poll published on Wednesday.
Thursday preview: BoE, central banks in focus
The focus on Thursday will be firmly on the Bank of England's policy decision.
Director dealings: Talktalk director ups stake
TalkTalk revealed on Tuesday that non-executive director Roger Taylor had acquired 500,000 ordinary shares in the FTSE 250-listed telecommunications firm.
London close: Stocks manage positive finish as inflation falls
London stocks managed to stay positive by the close Wednesday as investors brushed aside the latest UK inflation figures and worries about a spike in Covid-19 infections in Beijing, with SSE pacing the gains after results.
Taylor Wimpey to raise funds via accelerated bookbuild
Taylor Wimpey will sell new shares in order to be able to take full advantage of "significant near-term opportunities" in the land market.
Broker tips: Polypipe, Premier Oil, Boohoo
Analysts at Berenberg reiterated their 'hold' rating on plastic piping manufacturer Polypipe on Wednesday, noting that although near-term uncertainty remained, the group was poised to be a "mid-term winner".
No rights granted for MSAR in Utah, says Quadrise
Quadrise Fuels International refuted an announcement from TomCo Energy on Wednesday, after the latter referred to the right to an exclusive licence for the use of Quadrise's ‘MSAR’ technology in Utah.
Berenberg reiterates 'hold' rating on Polypipe
Analysts at Berenberg reiterated their 'hold' rating on plastic piping manufacturer Polypipe on Wednesday, noting that although near-term uncertainty remained, the group was poised to be a "mid-term winner".
US open: Dow Jones on track to snap three-day winning streak
Wall Street stocks opened mixed on Wednesday, putting the Dow Jones Industrials on track to snap a three-day winning streak.
Canaccord raises target on Premier Oil but sees shares 'fully valued'
Analysts at Canaccord Genuity raised their target price for shares of Premier Oil, but kept their recommendation at a 'hold', arguing that they were fully valued.
FTSE 250 movers: Serco surges on update; Domino's in the red
London’s FTSE 250 was up 0. 8% at 17,608. 68 in afternoon trade on Wednesday.
Commerzbank hit with £37m fine over money laundering failures
Commerzbank's London branch has been slapped with a £37. 8m fine by UK regulators for failing to implement satisfactory anti-money laundering (AML) systems and controls between October 2012 and September 2017.
FTSE 100 movers: SSE surges after results; travel stocks fall
London’s FTSE 100 was up 0. 1% at 6,248. 09 in afternoon trade on Wednesday.
TUI to close French travel agents and cut jobs
TUI plans to close or sell its network of travel agents in France with the loss of almost 600 jobs as the travel operator cuts costs in response to the Covid-19 crisis.
US pre-open: Futures have rally continuing into Wednesday
Wall Street futures had stocks opening higher on Wednesday following a strong rally in the previous session.
Liberum ups Boohoo price target after 'blowout' Q1
Broker Liberum reiterated its ‘conviction buy’ rating on shares of Boohoo on Wednesday and lifted its price target to 500p from 490p after the fast-fashion retailer’s "blowout" first-quarter update.
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