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Centrica sees all units hitting medium-term earnings early
British Gas owner Centrica said trading was in line with expectations against the backdrop of a more “normalised” environment, with all retail supply and optimisation businesses to be within their medium-term sustainable adjusted operating profit ranges in 2024 - two years ahead of schedule.
Google must face £13.6bn lawsuit over advertising, court rules
A £13. 6bn lawsuit brought against Google over its dominance in the online advertising market will go ahead, a UK court ruled on Wednesday.
Europe open: Shares up on US rate cut boost, eyes on ECB
European shares made a solid start to trade on Wednesday as a softer US jobs market report increased hopes of a cut in US interest rates, while investors also looked ahead to a similar move from the European Central Bank tomorrow.
Europe midday: Rate cut optimism sees Stoxx extend gains
European shares extended gains on Wednesday as a softer US jobs market report increased hopes of a cut in US interest rates, while investors also looked ahead to a similar move from the European Central Bank tomorrow.
Modi loses majority in India election, but will still form govt
Narendra Modi’s ruling Bharatiya Janata Party has lost its parliamentary majority in India's general election, leaving the prime minister to negotiate with regional coalition partners in order to form a government.
Asia report: Shares mixed as investors mull Australia GDP, India election
Asia shares were mixed on Wednesday as investors assessed the Indian election result, Australian GDP figures which showed slight growth in the first quarter, and private sector services survey data from China.
Paragon Banking profits soar, lifts buyback, lending forecasts
Specialist lender Paragon Banking more than doubled interim profit and said it would extend its share buyback by up to £50m as customer demand returned after the ‘mini-budget’ fiasco of Liz Truss’s short-lived government last October.