Full List Of Stories
FTSE 100 movers: StanChart gains on results; GSK in the red
London’s FTSE 100 was down 0. 7% at 8,159. 45 in afternoon trade on Wednesday as chancellor Rachel Reeves delivered the first Labour Budget in 14 years.
London midday: Stocks stay down ahead of Budget
London stocks were still in the red by midday on Wednesday as jitters crept in ahead of the Autumn Budget, with tax rises and spending cuts on the cards.
Campari tumbles on Q3 results
Campari shares tumbled on Wednesday after the Italian drinks maker reported a drop in third-quarter profits.
IG Group appoints Clifford Abrahams as CFO
IG Group said on Wednesday that it has appointed Clifford Abrahams as chief financial officer and as an executive director.
German economy unexpectedly expands in Q3
The German economy unexpectedly expanded in the third quarter, avoiding a technical recession, according to figures released by Destatis on Wednesday.
Jefferies initiates coverage on European airline stocks
Jefferies initiated coverage on a raft of European airline stocks on Wednesday as it argued that the market is overstating the risks.
Citi downgrades Bridgepoint to 'neutral'
Citi downgraded its stance on alternative asset fund management group Bridgepoint on Wednesday to ‘neutral’ as it said there are limited near-term catalysts and the shares are up 80% over the past year.
Hochschild Mining buys Cerrado's Monte Do Carmo Project in Brazil
Hochschild Mining said on Wednesday that its subsidiary, Amarillo Mineração, had exercised the right buy the Monte Do Carmo Project in Brazil from Cerrado Gold for $60m.
London open: Stocks fall ahead of Budget; StanChart bucks trend
London stocks fell in early trade on Wednesday as jitters crept in ahead of the Autumn Budget, with tax rises and spending cuts on the cards.
CAB Payments still in talks with StoneX about possible takeover
Fintech firm CAB Payments said on Wednesday that it is still in talks with US payments firm StoneX about a possible takeover, as it updated on its third-quarter performance.
Aston Martin Q3 loss smaller than expected, FY guidance backed
Aston Martin Lagonda backed its full-year outlook on Wednesday as it reported a smaller-than-expected third-quarter loss.
London pre-open: Stocks to fall as attention turns to Budget
London stocks were set to drop at the open on Wednesday ahead of the Autumn Budget.
Wednesday newspaper round-up: Starbucks, Santander, Alphabet
Starbucks office workers will risk losing their jobs if they fail to comply with the company’s hybrid work requirement that employees are in the office three times a week. According to the Wall Street Journal an internal message sent to employees warns that an “accountability process” will start in January 2025. Consequences for non-compliance are “up to, and including, separation”, according to the company message. – Guardian.