Latest News
AFH drops Lighthouse bid, blames uncooperative board
AFH Financial Group dropped its interest in acquiring Lighthouse Group on Wednesday, blaming a lack of engagement from its target for the decision.
Internal squabbling leads to DQ Entertainment delisting
Animation, gaming and live action entertainment company DQ Entertainment was set to be cancelled from trading on Thursday, with the firm being unable to appoint a replacement nominated adviser.
Barclay brothers said to consider sale of Shop Direct stake
The owners of Shop Direct, who also own the Telegraph Media Group, are reportedly looking into the sale of a stake in the online retailer.
Nomura keeps tenative 'buy' on William Hill despite profit warning
Nomura has maintained its 'buy' rating on William Hill after the bookmaker issued a profit warning due to newly introduced regulatory measures and poor sporting results.
PetroNeft agrees first tranche of funding with Oil India
Russian oil and gas explorer PetroNeft said it had executed the first tranche of a $35m loan from Oil India to start a work programme in western Siberia.
Northcote Energy in £450,000 placing
Northcote Energy said it has raised £0. 45m by issuing 1. 43m new shares at a placing price of 0. 0315p each to spend on general working capital and fund certain growth initiatives, including potential participation in opportunities with MX Oil in Mexico and Andalas Energy & Power in Indonesia.
US new home sales rise in February
Sales of new single-family homes in the US rose a touch more than expected in February, official data published on Wednesday showed.
IEA dismisses Russia-Opec oil deal as largely 'meaningless'
Oil prices dropped on Wednesday after the International Energy Agency admitted the effect of a deal among some Opec producers and Russia to freeze production could be "meaningless".
William Hill tumbles at first fence as profit warning follows 'worst Cheltenham'
In what was effectively a profit warning, William Hill has pulled up short with a disappointing first-quarter update after a loss-making Cheltenham horse racing festival and weaker than expected online performance.
Brussels attacks: Prosecutor confirms identities of two suicide bombers
Belgian prosecutors on Wednesday confirmed two brothers were suicide bombers at Brussels airport and Maelbeek metro station and that a third man was on the run.
Troubled retailer BHS given a lifeline by creditors
There was some much-needed good news for troubled department store chain BHS on Wednesday afternoon as 95% of its creditors approved a deal to cut the rent bill for the company's UK stores.
Flash crash trader to appeal after judge approves US extradition
A London court has approved the extradition of bedroom trader Navinder Sarao to face trial in the US where he is accused of playing a part in causing the May 2010 'flash crash' that wiped billions from Wall Street stocks in seconds.
Numis cuts DFS Furniture's 2016 profit forecast
DFS Furniture’s shares declined on Wednesday as Numis cut its full year 2016 pre-tax profit forecast by £1m to £62. 5m after the company warned of an uncertain outlook.
UK, Australian regulators team up to support fintech sector
Fintech companies in the UK and Australia will soon have more regulatory support, with regulators in the two countries signing a historic agreement on Wednesday.
DCC to buy Danish oil distribution assets
DCC has agreed to buy Danish oil distribution and retail assets from Alimentation Couche Tard Inc.
JD Sports expands European footprint with Dutch acquisition
JD Sports Fashion has agreed to buy the trading assets of Netherlands-based Aktiesport and Perry Sport from administrators for €26. 5m (£21m) in cash.
Europe midday: Stocks push up as travel and leisure issues recover
European equity markets rose on Wednesday, with Credit Suisse among the gainers as investors welcomed the bank’s latest cost-cutting efforts and travel stocks back in the black.
London midday: Stocks reverse losses after Brussels attacks
UK equities were slightly higher on Wednesday, reversing the previous day’s slide when explosions in Brussels hurt sentiment.
Hinkley Point will 'categorically' go ahead, says EDF
EDF Energy told Westminster on Wednesday that the beleaguered Hinkley Point C nuclear power project will definitely go ahead.
Peel Hunt upgrades Mothercare to 'buy' despite forex hitting forecast
Peel Hunt upgraded its rating on Mothercare to 'buy' from 'hold' and set a target price of 275p that offers more than 45% upside to the shares' last close.