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Adams expands investments but widens loss
Technology and life sciences investing company Adams released its final results for the year to 31 March on Wednesday, revealing net assets at year-end of €1. 1m, up from €0. 25m a year earlier.
Immunodiagnostic revenues shrink as clients move on
Immunodiagnostic Systems reported a 15. 6% decline in revenues for the year to 31 March on Wednesday, to £38. 3m.
European Wealth grows assets under management, widens loss
Wealth management group European Wealth posted its results for the 2015 calendar year on Wednesday, including a 20% increase in funds under management to £1. 2bn.
Mkango joins Malawi mapping project
Newcomer to the London markets, Mkango Resources, announced on Wednesday that it is in the process of acquiring new airborne geophysical data from the Malawi Geological Survey covering the majority of its Phalombe and Thambani exclusive prospecting licenses in Malawi.
US open: Stocks edge higher ahead of UK referendum
US stocks edged higher in cautious trade on Wednesday, a day before Britain’s referendum on EU membership.
US dollar may be up to 20% overvalued, IMF says
The outlook for the US economy was positive even as it entered its seventh consecutive year of expansion, despite recent setbacks and the possibility that the US dollar might be substantially overvalued, the International Monetary Fund said.
Michael Gove compares economic experts to Nazis
On the final day of the EU referendum campaign, UK Justice minister and prominent Leave campaigner Michael Gove has made a comparison between the various economic experts that have predicted a danger to the British economy, and Nazi German scientists.
Eurozone consumer confidence unexpectedly drops in June
Consumer confidence in the Eurozone unexpectedly deteriorated in June, according to data from the European Commission.
US existing home sales rise to highest level since 2007 in May
Sales of existing US homes rose to a nine-year high in May, according to data from the National Association of Realtors.
FTSE 250 movers: Debenhams, Elementis sink on warnings
The FTSE 250 was trading just above the waterline on Wednesday afternoon, as investors remained cautious a day ahead of Britain’s referendum on EU membership.
Glenwick tumbles after walking away from reverse takeover talks
Glenwick has resumed trading after directors walked away from much-anticipated talks about a potential reverse takeover deal, sending its shares tumbling.
Director dealings: LXB Retail's Kitchen sinks more cash into new strategy
LXB Retail Properties director Danny Kitchen has made his second purchase of shares this month, splashing out around £41,000.
Where do the British newspapers stand on Brexit?
As is tradition in Britain during an election or referendum campaign, all of the country's newspapers have told their readers exactly how they should vote in Thursday's Brexit vote. The various tabloid and broadsheet publications have laid out their advice ahead of the historic referendum on the UK's continued membership in the European Union tomorrow. Here is a selection of the papers and their stances on Brexit:.
Citi sees 40% chance of Brexit; says stocks and sterling could drop 15%
A Remain vote in Thursday’s EU referendum is still Citigroup’s base case – it sees a close outcome of 55% of the vote or less – but the risk of a Leave win is high at 40%, the bank said.
H&M profits fall 17% due to cold spring and strong dollar
Swedish fashion retailer Hennes & Mauritz (H&M) reported a 17% fall in second-quarter profits as a strong dollar increased costs and a cold spring affected sales.
FTSE 100 movers: Miners, RSA rally; AB Foods slumps on MS downgrade
London’s FTSE 100 index was up 0. 7% to 6,266. 94 in afternoon trading, with traders attributing the gains to optimism the UK will vote to remain in the EU on Thursday.
Barclays gains confidence in RSA Insurance's growth and yield ambitions
Barclays said it sees 15% upside at RSA Insurance after an encouraging meeting with some of the company's management, reiterating its 'overweight' rating.
BlueRock Diamonds appoints new manager at Kareevlei
BlueRock Diamonds announced the appointment of Johan Milho as the new mine manager at its Kareevlei Mine on Wednesday, as part of the implementation of the strategic review announced on 1 March.
Tesla makes bid for Solar City
Electric car maker Tesla Motors has made an offer for solar panel firm SolarCity in a bit to create an “end-to-end” offering of environmentally-friendly products.
Avacta claims development could lead to early Zika diagnosis
Avacta, biotherapeutics and research agent developer, reported on Wednesday it had identified three proteins which could be used to develop the first tests to diagnose early stages of the Zika virus.