Full List Of Stories
Sidara's takeover deadline for Wood Group extended
Wood Group said on Wednesday that the deadline for Sidara to either announce a firm intention to make an offer or walk away has been extended as the Dubai-based engineering and consultancy firm needs more time for due diligence.
FTSE 100 movers: Airlines fly higher; JD Sports hit by downgrade
London’s FTSE 100 was up 0. 6% at 8,168. 32 in afternoon trade on Wednesday.
Quest Diagnostics to buy Canada’s LifeLabs for $985m
Quest Diagnostics said on Wednesday that it has agreed to buy LifeLabs, a Canadian provider of community laboratory tests, for about $985m including debt.
US private sector adds fewer jobs than expected in June - ADP
Private sector employment in the US rose less than expected in June, according to figures released on Wednesday by ADP.
London midday: FTSE maintains gains on US rate cut optimism
London stocks were still higher by midday on Wednesday as US rate cut hopes boosted sentiment.
Citi upgrades Diageo to ‘buy’, points to ‘cocktail of opportunities’
Citi upgraded Diageo to ‘buy’ on Wednesday and lifted the price target to 3,000p from 2,825p as it pointed to "a cocktail of opportunities".
Keywords Studios to be taken over by EQT in £2.1bn deal
AIM-listed Keywords Studios said on Wednesday that it has agreed to be taken over by European private equity firm EQT in a £2. 1bn deal.
Morgan Stanley downgrades 3i Group after strong run
Morgan Stanley downgraded 3i Group on Wednesday ‘equalweight’ from ‘overweight’ and cut the price target to 3,192p from 3,246p as it said the risk/reward is more balanced after a strong run.
London open: FTSE gains on US rate cut hopes
London stocks rose in early trade on Wednesday, taking their cue from a positive close on Wall Street amid US rate cut hopes.
China service sector growth eases to eight-month low - Caixin
Growth in China’s services sector eased to an eight-month low in June, according to data released on Wednesday.
London pre-open: Stocks seen up on positive US cues
London stocks were set to rise at the open on Wednesday following gains on Wall Street, as investors welcomed upbeat comments on the economic outlook from Federal Reserve chair Jerome Powell.
Wednesday newspaper round-up: Private rents, M&S, Hipgnosis
Average private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties. Data shows that the typical advertised rent outside London reached a record £1,316 a calendar month in May, the property website Rightmove said. The figure for London was £2,652 a month – almost three times the £894 asked for in north-east England. – Guardian.