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FTSE 250 movers: Balfour Beatty surges; Direct Line tumbles as Ageas rebuffed
FTSE 250 (MCX) 19,595. 74 0. 16%.
TikTok faces US ban as House approves demand for sale
US lawmakers on Wednesday voted overwhelmingly to demand the Chinese owners of the TikTok video app to sell or be banned in the country.
Europe midday: Stoxx hits fresh record; Zalando surges into fashion
European shares hit a fresh record high on Wednesday as investors digested data from the US and UK, despite a larger-than-expected fall in eurozone industrial production, while Zalando shares surged after upgrading forecasts.
Europe open: Shares edge ahead as UK exits recession
European shares edged ahead at the open as investors digested inflation and GDP data from the US and UK respectively.
Hochschild Mining FY production in line with guidance
South America-focused miner Hochschild reported a 10% fall in production, although in line with guidance, offset by rising prices and the devaluation of the Argentinian peso which helped to lift adjusted core earnings.