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Europe open: Shares flat ahead of German CPI; Orsted tanks
European shares were flat at the open on Wednesday as investors eyed German inflation numbers later in the morning.
Europe midday: Shares slip as investors digest NRW inflation print, Sentix
European shares slipped into the red at midday on Wednesday as investors eyed German inflation numbers later in the day along with survey data on the continent's biggest economy.
Europe close: US GDP data hits sentiment; Orsted tanks
European shares closed lower as US GDP and German inflation numbers dented sentiment, while shares in Danish wind farm giant Orsted tanked after it warned of a massive impairment on its US operations.
FTSE 250 movers: Future up on B2B sale report
Future shares surged on Wednesday following a report the media group’s new chief executive is looking to sever ties with its business-to-business operations.
German inflation registers slight fall in August
German inflation recorded a slight fall in August, according to preliminary official data released on Wednesday.
Prudential H1 profits rise as new CEO unveils pivot towards Asia
Insurer Prudential on Wednesday posted a better-than-expected 6% rise in first-half operating profits as Chinese investors bought its products in Hong Kong after Covid restrictions were lifted, and also outlined a new investment strategy pivot towards Asia.
Direct Line appoints Aviva's Adam Winslow as CEO
Direct Line said it had appointed Adam Winslow as chief executive to succeed Jon Greenwood who has been acting CEO since January.