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Petrofac shares surge after contract deal with TenneT
Shares in Petrofac surged on Wednesday after the oilfield services company said it had secured performance guarantee for the first contract awarded under its agreement with Dutch electricity company TenneT.
Europe midday: Shares pare gains after morning rally; Argenx slumps on trial failure
European shares gave up most of the morning's gains on Wednesday after UK inflation posted a bigger-than-expected fall in November, fuelling hopes of a rate cut by the Bank of England next year, while German producer prices also declined faster than forecast.
Europe open: Shares up on softer UK CPI, German data
European shares made a strong start on Wednesday after UK inflation posted a bigger-than-expected fall in November, fuelling hopes of a rate cut by the Bank of England next year, while German producer prices also declined faster than forecast.
German consumer sentiment rises, but fears over wars, prices persist
German consumer sentiment should improve in the new year, although concerns about the impact of geopolitical crises and food inflation continue to cause uncertainty, according to a survey published on Wednesday.
China leaves rates unchanged as expected
China kept benchmark lending rates unchanged as expected on Wednesday.
Antofagasta to go ahead with $4.4bn Centinela concentrator plant
Chile-based copper miner Antofagasta said it was going ahead with the $4. 4bn construction of a second concentrator at its Centinela operation to boost production.