Latest News
Team17 trades in line during H1
Video games developer Team17 said on Wednesday that it had traded in line with internal exceptions throughout the six months ended 30 June.
Marshall Motor makes 'significant increase' to FY expectations
Automotive retailer Marshall Motor Holdings made "a significant increase" to full-year expectations on Wednesday.
Global Invacom expects to report H1 net loss
Satellite communications firm Global Invacom said on Wednesday that it expects to record a net loss for the first half of its trading year due to higher operating and material costs associated with the ongoing Covid-19 pandemic.
Asia report: Most markets rise as China services sector surges
Most markets in Asia closed in the green on Wednesday, with the exception of Japan, as fresh data on China’s services sector blasted past expectations.
London close: Stocks higher even as private sector growth slows
London stocks managed a positive finish on Wednesday, underpinned by solid results from Legal & General and Taylor Wimpey, as investors digested the latest reading on the UK services sector.
Retail footfall falls further from pre-pandemic levels
Retail footfall worsened further compared to pre-pandemic numbers in July, a new survey revealed on Thursday, even after the number of shoppers improved between the second and third week of the month when restrictions were lifted in England.
US close: Mixed session on the Street as investors digest jobs data
Major indices turned in a mixed performance on Wednesday as traders thumbed over earnings from General Motors and some key jobs data from ADP.
Wednesday preview: BoE meeting, Rolls Royce in the spotlight
All eyes on Thursday will be on the Bank of England and what the Governor, Andrew Bailey, has to say on the outlook for policy.
Bank of America reiterates 'underperform' on BP
Analysts at Bank of America stood by their 'underperform' recommendation on shares of BP, pointing out to clients that the oil major's cash returns were less well-funded than at buy-rated peers Royal Dutch Shell and Total Energy.
Europe close: Corporate results help offset Delta concerns, US data
European shares remained near their record highs on Wednesday as upbeat corporate earnings offset investor worries about the rising number of Covid Delta variant cases.
Rolls Royce in talks for sale of ITP to Bain Capital and Sener
Rolls Royce will sell Spanish jet engine maker ITP Aero to US private equity outfit Bain Capital and Spanish aerospace company Sener for €1. 6bn.
Broker tips: Hiscox, Capita
Analysts at Berenberg raised their target price on insurance firm Hiscox from 973. 0p to 1,000. 0p on Wednesday, stating "all roads lead to profitable growth".
Director dealings: Smiths Group CEO makes share purchase
Smiths Group revealed on Wednesday that chief executive Paul Keel had purchased 25,000 ordinary shares in the FTSE 100-listed engineer.
US services PMI tops forecasts in July, but economists cautious
Activity in America's services sector accelerated by much more than expected, led by a pick up in output and new orders, especially in new export orders.
CyanConnode secures smart metering contract in Africa
Narrowband radio frequency technology company CyanConnode has received a contract for a smart metering deployment in Africa, it announced on Wednesday.
High Court approves Provident Financial compensation scheme
Doorstep lender Provident Financial said on Wednesday that its scheme of arrangement to compensate customers for mis-sold loans has been approved by the High Court.
Quadrise to begin testing of Utah fuel sample
Heavy fuel alternatives company Quadrise updated the market on the arrival of a produced oil sample from Greenfield Energy’s Utah operations on Wednesday.
US open: Dow Jones heads south, S&P slips off record high
Major indices mostly traded lower early on Wednesday as traders thumbed over earnings from General Motors and some key jobs data from ADP.
FTSE 250 movers: 888 pushes higher; Ferrexpo in the red
London’s FTSE 250 was up 0. 3% at 23,354. 06 in afternoon trade on Wednesday.
Alien Metals set to begin drilling at Elizabeth Hill
Exploration and development company Alien Metals announced on Wednesday that its inaugural drilling programme was due to begin in the coming days on the Elizabeth Hill Silver Project.
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