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Thursday preview: US CPI, UK home prices
All eyes on Thursday would be on the latest reading for US consumer prices covering the month of July.
Europe close: Stocks end higher after Italy clarifies bank tax
Stocks across the Continent rose on Wednesday after authorities in Rome clarified the reach of the windfall tax on lenders' profits announced the day before.
Europe midday: Stocks bounce on Italian clarification
Stocks across the Continent rose on Wednesday after authorities in Rome clarified the reach of the windfall tax on lenders' profits announced the day before.
4imprint posts 50% increase in 1H profits
4Imprint saw its interim profits rise by half amid strong order growth.
Europe open: Stocks trading on front foot as Italy provides details on bank levy
Stocks across the Continent rose on Wednesday after authorities in Rome clarified the reach of the windfall tax on lenders' profits announced the day before.
CLS swings to loss as property values drop
Office space group CLS Holdings swung to a big loss in the first half of 2023 due to a decline in property valuations.
TP ICap looking to free up more cash, launches share buyback
TP Icap said that it was looking at ways to free up cash for investment, lower its debt and perhaps also to return to shareholders.
China slips into deflation in July
The cost of living in the People's Republic of China fell by a tad less than expected last month.
Coca Cola HBC reports more than doubling in 1H profit
Coca-Cola Hellenic Bottling Company saw its net profits more than double over the half.
Wednesday newspaper round-up: Stagflation, Amazon, Scottish jobs
The UK economy is suffering from a 1970s-style “British disease” that means inflation will not fall back to the Bank of England’s 2 per cent target until after 2027, a think tank has warned. The National Institute of Economic and Social Research (NIESR) said the economy had suffered from five years of “lost economic growth”, with stubbornly high inflation and semi-permanent government deficits expected in the foreseeable future. Jagjit Chadha, director of the institute, Britain’s oldest independent economics think tank, said the country’s woes had led to the “re-emergence of the British disease” — a reference to the stagflationary trap of the 1970s, when the term was coined.