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FTSE 250 movers: IDS delivers a rise on Kretinsky deal, IWG slumps
FTSE 250 (MCX) 20,490. 57 -1. 04%.
London's Evening Standard to close daily print edition, launch weekly
The owners of London’s Evening Standard newspaper have said they will close its daily newspaper and replace it with a weekly outlet, after almost 200 years of publication, citing competition from online news sources and lower commuter traffic.
Czech's in the post as Kretinsky strikes £5.3bn deal for Royal Mail
Royal Mail owner International Distribution Services on Wednesday said it had reached agreement with Czech billionaire Daniel Kretinsky on a takeover worth up to £5. 3bn for the 500-year-old company.
Europe open: Shares in downbeat mood; IDS shares up on Kretinsky deal
European stock markets continued in gloomy mood on Wednesday, extending losses from the previous day's sell-off.
Europe midday: Inflation jitters hit stocks as rate cut hopes wobble
European stock markets continued in gloomy mood on Wednesday, extending losses from the previous day's sell-off.
Asia report: Shares lower as investors mull Australia CPI rise
Asian markets were lower on Wednesday as investors digested higher-than-expected April inflation data from Australia.