Latest News
Pentagon cancels $10bn cloud-computing deal with Microsoft, announces new contract
The US Defense Department canceled its $10bn JEDI cloud-computing project on Tuesday which was awarded by the Trump administration.
UK property prices benefit as new listings falter - RICS
The number of new properties coming to market continued to fall in June, industry research showed on Thursday, as demand outstripped faltering supply.
EU raises estimates for Eurozone growth with warning on inflation
The European Commission revised upwards on Wednesday its forecasts for Eurozone growth for 2021 and 2022 but added a warning of higher risk of inflation.
UK retail footfall continues recovering in June, Springboard says
Footfall across UK retail destinations improved markedly at the start of June before easing back after government announced that 'freedom day' would be postponed, the results of a closely-followed survey revealed.
Thursday preview: ECB strategy review, Persimmon in focus
Financial markets' focus on Thursday will be on the results of the European Central Bank's strategy review.
Europe close: Stocks bounce back helped by updates from Shell, Redrow
European stocks rebounded on the back of upbeat news from Royal Dutch Shell and UK housebuilder Redrow as investors eyed the latest set of policy minutes from the US Federal Reserve.
US close: Stocks end session higher following FOMC minutes
Wall Street stocks closed higher on Wednesday, with the S&P 500 closing at a fresh record higher after snapping a seven-day winning streak in the previous session.
Siemens closes $3.4bn deal with Amtrak to supply 73 hybrid trains
Siemens Mobility announced on Wednesday it had closed a $3. 4bn order from US national rail transportation company Amtrak for 73 hybrid powered trains.
London close: Stocks maintain gains ahead of US Fed minutes
London stocks managed a positive finish on Wednesday, helped along by a strong showing in the mining sector, as investors eyed the release of the minutes from the latest Federal Reserve meeting.
Broker tips: Aston Martin, Capital & Counties, Shaftesbury, IAG
Citi reiterated its 'buy' rating on shares of luxury carmaker Aston Martin on Wednesday ahead of its second-quarter results, stating the firm was on the path back towards profitability.
Catenae Innovation subsidiary launches pilot with charity
Digital media and technology company Catenae Innovation announced on Wednesday that its subsidiary Hyperneph Software has developed a cloud-based platform and mobile app that was now being used with a charity, working with public sector organisations.
Director dealings: Aveva deputy CEO ups stake
Aveva Group revealed on Wednesday that deputy chief executive and chief financial officer James Kidd had disposed of 3,155 ordinary shares in the FTSE 100-listed industrial software group.
Tribal signs first two customers to new 'Admissions' module
Education software and services company Tribal announced the signing of the first two customers to its newly-launched cloud-based ‘Tribal Admissions’ module on Wednesday, marking further momentum against its cloud strategy.
US job openings undershoot forecasts in May, JOLTS survey shows
Job openings grew more slowly than expected in May, alongside a large drop in so-called 'voluntary' separations or 'quits' which typically denote strength in the labour market.
US open: Major indices slightly higher as investors await FOMC minutes
Wall Street futures were mostly higher early on Wednesday after the S&P 500 snapped a seven-day winning streak in the previous session.
Credit Suisse ups target for IAG on likely peak in leverage in Q2
Analysts at Credit Suisse bumped up their target price and reiterated their 'outperform' recommendation for shares of IAG, arguing that the carrier's leverage was likely near its peak.
FTSE 250 movers: Oxford Biomedica boosted by upgrade; Spire falls
London’s FTSE 250 was up 0. 4% at 22,990. 57 in afternoon trade on Wednesday.
Brave Bison reports strong first half trading
Social media and marketing company Brave Bison said on Wednesday that trading in the first half had continued strongly.
Wednesday broker round-up
WM Morrison: Berenberg downgrades to hold with a target price of 254p.
FTSE 100 movers: Miners rally; IAG flies lower
London’s FTSE 100 was up 0. 3% at 7,118. 99 in afternoon trade on Wednesday.
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