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Wednesday newspaper round-up: Gas prices, fossil fuel firms, British Lithium
European gas prices have risen by more than 30% on Tuesday, adding to mounting concerns about the cost of heating a home, as supplies that usually come into Europe from Siberia continued to flow eastwards for the 15th day in a row. The Kremlin has repeatedly denied using Russia’s vast gas resources to turn the screw on Europe, after gas coming through the Yamal-Europe pipeline reversed direction three days before Christmas. - Guardian.
Thursday preview: Services PMIs, Fed minutes in the spotlight
Financial markets' focus on Thursday will be on the results of services sector surveys due out in the UK and US covering the month of December.
London close: Stocks mixed as investors await Fed minutes
London stocks were in a mixed state at the close on Wednesday after a middling session, as investors closed their wallets ahead of the release of latest Federal Reserve minutes.
Europe close: Indices mostly higher with cyclicals in the lead
European shares extended gains on Wednesday despite economic growth in the eurozone easing to a nine-month low in December as Covid-19 took its toll.
Europe midday: Investors show appetite for Ocado
European shares extended gains on Wednesday despite economic growth in the eurozone easing to a nine-month low in December as Covid took its toll.
Auchan mulling fresh bid for rival Carrefour
France's Auchan was reportedly mulling a fresh bid for rival grocer Carrefour in order to face down competition from rivals Aldi and Lidl.
US services sector activity edges past forecasts at the end of 2021, survey shows
Levels of activity in America's services sector continued growing at a steady pace last month, although cost pressures reached a new series high, according to the results of a closely-followed survey.
FTSE 250 movers: Petropavlovsk in the red; Cineworld surges
London’s FTSE 250 was down 0. 5% at 23,772. 65 in afternoon trade on Wednesday.
US open: Stocks trade mixed despite much better-than-expected December jobs data
Trading on Wall Street got off to a mixed start on Wednesday despite the release of jobs data pointing to the possibility of a far better-than-expected non-farm payrolls report in two days' time.
Director dealings: Director buys in to President spin-out, ICG finance chief covers tax
Newly-founded hydrogen and ammonia producer Atome Energy was at the top of the buyers’ list on Wednesday, as independent non-executive director Mary-Rose de Calladares bought 93,750 shares.
W Resources reports tough Q4, raises £0.83m to cover cash flow
Spain and Portugal-focussed tungsten, tin and gold exploration and mining company W Resources updated the market on production at the La Parrilla tungsten and tin mine in Spain on Thursday, as it completed a £0. 83m fundraise to relieve recent pressures on cash flow.
FTSE 100 movers: Ocado rallies on upgrade; Croda falls
London’s FTSE 100 was up 0. 3% at 7,523. 78 in afternoon trade on Wednesday.
Oriole posts positive results from Bibemi soil sampling
West Africa-focussed exploration company Oriole Resources announced results from the recently-completed soil sampling programme at its 90%-owned Bibemi gold project in Cameroon on Wednesday.
Facebook appeals CMA's blocking of Giphy acquisition
Facebook parent Meta had lodged an appeal against the Competition and Markets Authority (CMA), after the regulator decided to block its 2020 acquisition of animated image sharing platform Giphy.
Shield Therapeutics enters Accrufer licensing deal in Canada
Commercial-stage pharmaceutical company Shield Therapeutics has entered into an exclusive licence agreement for ‘Accrufer’, it announced on Wednesday, with KYE Pharmaceuticals in Canada.
US private sector employment grows more than expected in December
Private sector employment in the US grew more than expected in December, according to the latest data from ADP.
Blue Star board unaware of reasons for Tuesday's price jump
Media and gaming investment company Blue Star Capital made a statement to the market on Wednesday morning, after its share price jumped in the previous session.
Power Metal Resources makes solid progress in December quarter
Power Metal Resources updated the market on its progress in the December quarter on Wednesday, reporting the completion of a 1,092 metre reverse circulation (RC) drill programme at the Tati Project in Botswana.
Oracle Power reports positive assay results from Northern Zone
Natural resources project developer Oracle Power reported positive assay results from the maiden drilling programme at the Northern Zone Gold Project, 25 kilometres east of Kalgoorlie in Western Australia, on Wednesday.
US pre-open: Wall Street set for a mixed start ahead of ADP report, FOMC minutes
Wall Street looks primed for a mixed start to trading on Wednesday as traders bid their time ahead of the release of consultancy ADP's private sector payrolls report for December and hoping for some clues as to whether the advent of Omicron had dragged on hiring towards the end of the month.
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