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Footfall gains show pent-up shopping demand - survey
Visits to UK stores indicated pent-up demand for physical shopping in March as footfall increased at all venue types during what should be the last month of full lockdown, a survey showed.

Thursday preview: China CPI, UK surveys in focus
The market spotlight on Thursday will be on Chinese consumer and factory gate price data for March.

EMA finds potential link between AstraZeneca Covid-19 vaccine and blood clots
The European Medicines Agency said on Wednesday it had found a potential link between AstraZeneca's Covid-19 vaccine and blood clots in adults who had received the shot.

Europe close: Stocks dip as investors pause for breath
European stocks slipped on Wednesday as investors paused to evaluate continental survey data.

Numis stays at 'buy' on Helios Towers ahead of purchase of Airtel Africa assets
Numis reiterated its 'buy' recommendation for shares of Helios Towers, pointing out to clients a slew of appealing characteristics of the telecom tower infrastructure company.

London close: Stocks finish firmer on sterling weakness
London stocks closed well above the waterline on Wednesday, with sentiment underpinned by recovery hopes and an encouraging reading on the services sector.
Sanne to buy Texas-based STRAIT for up to $45m, raise £80m in placing
Sanne said on Wednesday that it has agreed to buy Texas-based STRAIT, a private equity and hedge fund administration business, for up to $45m, as it announced a placing to raise around £80m to push ahead with its acquisition strategy.

Broker tips: Strix Group, Aviva
Analysts at Berenberg initiated coverage on kettle safety manufacturer Strix Group at 'buy' on Wednesday, branding the stock as "a strong cup of tea".

Daily Brazil death toll surpasses 4,000 as pandemic spirals out of control
Brazil’s daily death toll from the novel coronavirus broke the 4,000 person mark on the day before the anniversary of the start of the pandemic in February 2020.

Xi warns Merkel of difficulties ahead in China-EU relations
China’s President Xi Jinping on Wednesday told German Chancellor Angela Merkel that relations between China and the EU were facing “various challenges” and he hoped the 27-nation bloc could “independently” make correct judgements, Chinese state media reported.

Director dealings: CVS Group chairman ups stake
CVS Group said on Wednesday that chairman Richard Connell had acquired 5,000 ordinary shares in the AIM-listed veterinary services provider.

Wednesday broker round-up
Greatland Gold: Berenberg upgrades to buy with a target price of 26p.

EU regulator to investigate ethical standards of Sputnik V trials
The European Medicines Agency will launch an investigation next week into the ethical standards of the clinical trials for the Russian Sputnik V jab against the novel coronavirus.

Berenberg starts off Strix at 'buy'
Analysts at Berenberg initiated coverage on kettle safety manufacturer Strix Group at 'buy' on Wednesday, branding the stock as "a strong cup of tea".

Universe Group wins contract extension, hikes profit expectations
Retail management and payment systems provider Universe Group announced a five-year extension of an existing contract with a major, unnamed international oil and gas group for the provision of loyalty services across Europe on Wednesday.

FTSE 250 movers: Carnival cruises higher after Q1 update; Cineworld drops
London’s FTSE 250 was up 0. 8% at 22,166. 86 in afternoon trade on Wednesday.

Carnival Q1 loss widens but bookings rise on pent-up demand
Carnival shares cruised higher on Wednesday after the company said it expects to report a wider first-quarter loss due to the pandemic, but that bookings are up on last year amid pent-up demand.

PetroTal makes solid development progress in first quarter
PetroTal updated the market on its operations in its first quarter on Wednesday, reporting that it had started its 2021 drilling program by spudding the first well, 7D, on 29 March, with completion expected in the first week of May.

JP Morgan's Dimon urges rich to accept higher taxes
JP Morgan Chief Executive Jamie Dimon said higher taxes on wealth may be necessary to heal the US and that rich people would benefit from the improvements.

FTSE 100 movers: Just Eat rallies; Flutter loses ground
London’s FTSE 100 was up 0. 9% at 6,885. 92 in afternoon trade on Wednesday, with sentiment underpinned by recovery hopes.
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