Full List Of Stories
FTSE 100 movers: Housebuilders gain after inflation; utilities fall
London’s FTSE 100 was up 0. 8% at 7,569. 83 in afternoon trade on Wednesday.
Deutsche Bank upgrades Wizz Air, hikes price target
Deutsche Bank upgraded Wizz Air to ‘hold’ from ‘sell’ on Wednesday and hiked the price target to 2,300p from 1,800p.
Uber announces $7bn buyback, shares surge
Uber Technologies announced a share buyback of up to $7bn on Wednesday, sending shares in the ride-hailing app surging.
BAE Systems gets regulatory approvals for £4.4bn Ball Aerospace deal
BAE Systems said on Wednesday that it has now received all regulatory approvals necessary for its £4. 4bn acquisition of Ball Aerospace from Ball Corporation and that the deal should complete in the coming days.
London midday: Stocks extend gains after inflation print; housebuilders rally
London stocks had extended gains by midday on Wednesday, with housebuilders on the front foot as data showed that UK inflation was steady in January, taking pressure off the Bank of England to keep rates higher for longer.
Virgin Money to buy Abrdn’s stake in joint investment business for £20m
Virgin Money said on Wednesday that it has agreed to buy Abrdn’s stake in their joint investment platform for £20m.
RBC Capital starts discoverIE at ‘sector perform’
RBC Capital Markets initiated coverage of discoverIE on Wednesday with a ‘sector perform’ rating and 760 price target, as it said the growth outlook remains strong, but less differentiated.
London open: Stocks gain as inflation holds steady
London stocks rose in early trade on Wednesday as data showed that UK inflation was steady in January, taking pressure off the Bank of England to keep rates higher for longer.
Vistry’s Countryside Partnerships to deliver 5,000 new homes with Sigma
Vistry said on Wednesday that Countryside Partnerships has entered into a new framework agreement with Sigma Capital Group to deliver 5,000 new homes for Sigma's build-to-rent brand (BTR), Simple Life Homes.
London pre-open: Stocks to edge down as inflation holds steady
London stocks were set to edge down at the open on Wednesday following a downbeat session on Wall Street, as data showed that UK inflation held steady in January.
Wednesday newspaper round-up: Lyft, Hinkley, Waitrose, BAT
UK shop workers are facing 1,300 incidents of violence and abuse a day and a battle to control “brazen” acts of shoplifting, as pressure mounts on ministers to intervene to protect retail employees. Retailers saw the number of incidents of racial abuse, sexual harassment, physical assaults and threats with weapons rise 50% last year, while thefts more than doubled to 16. 7m incidents, according to the British Retail Consortium (BRC), the trade body which represents most major retailers.