Full List Of Stories
FTSE 100 movers: Miners rally on higher copper prices; GSK in the red
London’s FTSE 100 was up 1% at 8,355. 83 in afternoon trade on Wednesday.
US private sector employment rises less than expected
Private sector employment in the US rose less than expected in July, according to figures released on Wednesday by ADP.
Citi upgrades LondonMetric to 'buy'
Citi upgraded LondonMetric on Wednesday to ‘buy’ from ‘neutral’ as it said cyclical growth and structural expertise was undervalued.
London midday: Stocks maintain gains ahead of Fed
London stocks were still firmly in the black by midday on Wednesday, underpinned by strength in the mining and energy sectors, as investors eyed the latest policy announcement from the US Federal Reserve.
JPMorgan ups Spectris to ‘neutral’, says risk/reward more balanced
JPMorgan Cazenove upgraded Spectris on Wednesday to ‘neutral’ from ‘underweight’ and lifted the price target to 2,950p from 2,750p as it said the risk/reward was now more balanced.
ASML surges on report US will exempt allies from China chip restrictions
Dutch chip equipment maker ASML surged on Wednesday following a report it will be exempt from new US rules on foreign chip equipment exports.
Rathbones H1 profits surge after IW&I merger
Rathbones posted a jump in first-half profit and funds under management on Wednesday as it said it was ahead of its objectives following a merger with Investec Wealth & Investment (IW&I).
Design and installation segment weighs on Wickes H1 revenues
Wickes posted a drop in first-half group revenue on Wednesday as it was hit by "challenging" conditions in its design and installation division.
London open: Stocks gain ahead of Fed announcement
London stocks rose sharply in early trade on Wednesday, underpinned by strength in the mining and energy sectors, as investors eyed the latest policy announcement from the US Federal Reserve.
Just Eat H1 core profit rises, €150m share buyback launched
Just Eat backed its guidance for 2024 on Wednesday as it posted a more than 40% increase in first-half core profit and announced a new €150m share buyback programme.
London pre-open: Stocks seen up ahead of Fed, BoE policy announcements
London stocks were set for a positive open on Wednesday as investors looked ahead to policy announcements from the US Federal Reserve and the Bank of England.
Wednesday newspaper round-up: Workplace sickness, Google-Anthropic, Carpetright
The hidden cost of rising workplace sickness in the UK has increased to more than £100bn a year, largely caused by a loss of productivity amid “staggering” levels of presenteeism, a report warns. Analysis by the Institute for Public Policy Research (IPPR) shows the cost of staff sickness has grown by £30bn a year to £103bn in 2023. The annual bill was £73bn in 2018, its study found. – Guardian.