Stock markets across the region slumped as tensions between China and the US flared up again and as the euro added to its recent breakout.
Stock markets across Europe fell after the latest flare-up in tensions between China and the US after Washington gave Beijing three days to shut its consulate in Houston "to protect American intellectual property and Americans’ private information. ".
London stocks finished in negative territory on Wednesday, amid growing tensions between the US and China and reports the UK is close to giving up on a Brexit trade deal.
Elixirr International revealed on Wednesday that Amanda Ferguson, the wife of director Ian Ferguson, had acquired 6,240 ordinary shares in the AIM-listed consultancy.
Financial markets' focus on Thursday will be on the corporate updates out of US heavyweights Microsoft and Tesla, after the market close in New York.
Analysts at Berenberg lowered their target price on low-cost carrier Easyjet from 850. 0p to 800. 0p on Wednesday but upgraded their recommendation for the group's shares to 'buy' as a result of flyer confidence creeping up.
Analysts at Canaccord Genuity hiked their target price on metals and mining group Atalaya Mining from 200. 0p to 290. 0p on Wednesday, singling out the firm's "outstanding" recovery leverage.
African mining company Altus Strategies released positive results from a preliminary economic assessment of its wholly-owned Diba gold project in western Mali on Wednesday.
Avacta Group has started work with the UK government's ‘CONDOR’ programme, it announced on Wednesday, to evaluate and clinically validate the high throughput Covid-19 bead-assisted mass spectrometry laboratory assay, developed with Adeptrix.
Exploration and development company Alba Mineral Resources updated the market on its field activities on Wednesday, reporting that work at the Clogau Gold Project had resumed following the easing of Covid-19 lockdown restrictions, while it was delaying its drilling programme at Amitsoq.
Horizon Discovery Group updated the market on its plans for a public offering in the United States on Wednesday, confirming it was restarting its efforts to go ahead with one.
Tanzania-focussed coal company Edenville Energy said on Wednesday that its subsidiary Edenville International Tanzania (EITL) has entered into a $1m (£0. 79m) loan agreement with its strategic partner, Infrastructure and Logistics Tanzania (ILTL).
Specialist staffing company Empresaria said on Wednesday that it was profitable in both the first and second quarters, despite the impact of Covid-19.
The former chief executive of collapsed German payments processor Wirecard has reportedly been arrested again in Munich.
Fiat Chrysler and Alphabet owned Waymo have signed an exclusive deal to develop self-driving commercial cars.
Sales of second-hand homes in the US leapt past forecasts last month as buyers moved to pick up what they perceived as bargains.
London’s FTSE 250 was flat at 17,499. 90 in afternoon trade on Wednesday.
Wall Street stocks were in the green after the bell on Wednesday despite US-Sino tensions coming back into focus as market participants looked ahead to earnings from tech giants Microsoft and Tesla and digested news of a coronavirus vaccine deal between the White House and pharma groups Pfizer and BioNTech.
London’s FTSE 100 was down 0. 9% at 6,214. 11 in afternoon trade on Wednesday.
Accountancy firm KPMG is reportedly set to axe more than 100 jobs across its UK workforce and reduce contributions to employees' pension pots as it looks to cut costs and help counter the fallout from the coronavirus pandemic.
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