Full List Of Stories
London close: Stocks finish higher even after US GDP plunges
London stocks finished higher on Wednesday, with the top-flight index keeping its head above the 6,000 mark, as investors digested the worst GDP figures out of the United States in 12 years, alongside some more promising results from a potential treatment for Covid-19.
Diaceutics flags serious fall in cancer testing amid Covid-19
Precision diagnostics commercialisation company Diaceutics announced research results from its Covid-19 oncology tracker on Wednesday, which it said showed the impact of the crisis on cancer testing and diagnosis in the United States.
Randall & Quilter brings in £80m of new investment
Programme management and legacy acquisitions specialist Randall & Quilter announced $100m of new equity investment into the group on Wednesday.
First Property enters new lease agreement with Teconnex
First Property Group has entered into a new lease with Teconnex over 6,300 square metres in the warehouse it owns in Tureni, Romania, it announced on Wednesday.
Ascent Resources settles first £50k of new investment
Ascent Resources has now settled the first £50,000 from its ‘relevant investor’, as announced on 8 April, and as a result has issued one million ordinary shares at a price of 5p each, it said on Wednesday.
Power Metal enters Australian joint venture with Red Rock Resources
Power Metal announced the start of a new joint venture with Red Rock Resources on Wednesday, to build a strategic gold exploration portfolio in Australia.
Condor Gold granted environmental permit for Mestiza open pit
Condor Gold has been granted an environmental permit for the development and exploitation of gold from the high-grade Mestiza open pit, it announced on Wednesday.
Kavango upbeat on latest review at Kalahari Suture Zone
Botswana-focussed exploration company Kavango Resources reported the publication of a new independent technical review on the exploration potential of its Kalahari Suture Zone (KSZ) project on Wednesday.
PureCircle enters new $33m facility ahead of its acquisition
Stevia sweetener producer PureCircle announced a new banking facility with HSBC on Wednesday, with a limit of $33m.
Novacyt expands Covid test capacity further as orders roll in
Novacyt said on Wednesday that its subsidiary Primerdesign has sold, received orders for or has been contracted to deliver more than £90m of its Covid-19 test.
Asia report: Markets mixed as investors eye Fed rates decision
Markets in Asia finished in a mixed state on Wednesday, as investors looked across the Pacific towards the US Federal Reserve’s May interest rate decision.
Ascential agrees covenant amendments to shore up finances
Ascential announced a further shoring up of its finances in the face of the Covid-19 crisis on Wednesday, agreeing amendments to its lending covenants with its banks to see it through the possibility of an event-free year.
Persimmon confident as it goes through phased building restart
Persimmon worked to assure shareholders of its position amid the coronavirus crisis on Wednesday, ahead of its annual general meeting later in the day and as it went through a phased restart of building on its sites.
WPP looks to staff for further cost-cutting
WPP announced further cost-cutting measures on Wednesday, alongside a fall in first quarter revenue, as it bunkered down in the face of the Covid-19 coronavirus pandemic.
Next pulls dividend, WPP cuts staff costs and headcount
London open The FTSE 100 is expected to open 23 points higher on Wednesday, having closed up 1. 91% at 5,958. 50 on Tuesday.
US close: Stocks finish weaker as earnings roll in
Wall Street closed weaker on Tuesday, as investors digested a number of earnings reports and several US states began the process of reopening their economies.