Full List Of Stories
Sweden’s Klarna fined SEK500m for money laundering failures
Buy now, pay later firm Klarna has been fined SEK500m (£35. 7m) by Sweden’s financial regulator for violating anti-money laundering rules.
FTSE 100 movers: Ashtead falls again; Lloyds Banking tops index
London’s FTSE 100 was up 0. 2% at 8,292. 43 in afternoon trade on Wednesday.
Exxon Mobil to boost capital spending
Exxon Mobil said on Wednesday that it was planning to lift spending on oil production as it outlined the key elements of its 2030 plan.
Patient Capital to buy Patterson Companies in $4.1bn deal
Patterson Companies surged on Wednesday as the dental and animal health distributor agreed to be bought by healthcare investment firm Patient Square Capital in a $4. 1bn deal.
Close Brothers given permission to appeal motor finance ruling
Close Brothers shares surged on Wednesday after the Supreme Court agreed that it could appeal a landmark ruling on motor finance commissions.
IAG flies higher on Deutsche Bank upgrade to ‘buy’
BA and Iberia owner IAG flew higher on Wednesday after Deutsche Bank upgraded the shares to ‘buy’ from ‘hold’ and hiked the price target to 400p from 215p.
HSBC upgrades Reckitt Benckiser to ‘buy’
HSBC upgraded Reckitt Benckiser on Wednesday to ‘buy’ from ‘hold’ and lifted the price target to 5,500p from 4,800p as it took a look at the outlook for consumer staples next year.
London open: Stocks fall ahead of US inflation reading
London stocks fell in early trade on Wednesday, taking their cue from a downbeat session on Wall Street as investors eyed the latest US inflation reading.
Zalando to buy rival About You in €1.1bn deal
German online fashion retailer Zalando said on Wednesday that it has agreed to buy About You in a deal that values its rival at around €1. 1bn.
Volution revenue rises amid solid UK residential performance
Volution reported a rise in revenue on Wednesday as it hailed a particularly strong performance in the UK residential market.
London pre-open: Stocks seen down ahead of US inflation data
London stocks were set to fall at the open on Wednesday following a downbeat session on Wall Street and as investors eyed the latest US inflation reading.
Wednesday newspaper round-up: Avanti West Coast, car finance scandal, Boots
Train managers at Avanti West Coast are to strike in a dispute over rest day working. Members of the Rail, Maritime and Transport union plan to walk out on 22, 23 and 29 December. Union members voted overwhelmingly against the company’s proposals. – Guardian.