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FTSE 100 movers: Legal & General, IAG in the black
London’s FTSE 100 was down 0. 2% at 8,340. 12 in afternoon trade on Wednesday.
US private sector adds fewer jobs than expected in November - ADP
Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP.
Eli Lilly weight-loss drug Zepbound beats Wegovy in trial
Eli Lilly said on Wednesday that a clinical trial had shown that patients taking its weight-loss drug Zepbound (tirzepatide) lost 47% more weight than those taking Novo Nordisk’s Wegovy (semaglutide).
London midday: FTSE down after services PMI, ahead of French no-confidence vote
London stocks were still in the red by midday on Wednesday ahead of a no-confidence vote in France and as investors mulled the latest developments in South Korea and uninspiring UK services data.
Vodafone sells remaining 3% stake in Indus Towers
Vodafone said on Wednesday that it was selling its remaining 3% stake in India’s Indus Towers.
BA owner IAG 'most compelling' overweight in airline sector, says JPM
BA and Iberia owner IAG flew higher on Wednesday as JPMorgan Cazenove said it was the "most compelling" overweight in the airline sector and added the stock to its Analyst Focus List and put it on "positive catalyst watch".
Treatt hails strong H2 as full-year profits rise
Ingredients and flavour manufacturer Treatt reported a rise in full-year profit and revenue on Wednesday, as it hailed a particularly strong revenue performance in the second half.
London open: FTSE edges down as investors mull events in France, South Korea
London stocks edged lower in early trade on Wednesday following mixed performances in the US and Asia, as investors mulled events in France and South Korea.
China services growth eases in November - Caixin
Growth in China’s services sector eased in November, according to data released on Wednesday.
London pre-open: Stocks seen down as investors eye events in France, South Korea
London stocks were set to fall at the open on Wednesday following mixed performances in the US and Asia, as investors mulled events in France and South Korea.
Wednesday newspaper round-up: British Steel, nuclear power plants, South Western Railway
Ministers are considering renationalising British Steel in a last-ditch attempt to save thousands of jobs, amid a standoff between the government and the company’s Chinese owners over a £1bn investment. Jonathan Reynolds, the business secretary, is locked in talks with British Steel and its owner, Jingye, to agree how much each party should put into a rescue plan for its main Scunthorpe site. – Guardian.