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1PM CFO Helen Walker to step down
AIM-listed specialist provider of finance facilities to the SME sector, 1PM, said its chief financial officer Helen Walker plans to step down at the end of its current financial year ending 31 May 2017.
Confused about Brexit? Essentially it boils down to these 3 things
The UK's Conservative government is completely split on the issue of the upcoming referendum on EU membership, which could cause permanent divisions within David Cameron's cabinet, whichever way the vote goes on Thursday. Plenty on the left are divided also. Jeremy Corbyn's Labour party face, albeit much less, dissent on the European issue. Corbyn himself has been accused of not showing appropriate enthusiasm for the Remain campaign, despite identifying as on their side.
Geo-Jade takeover of Bankers receives Canadian approval
Canadian company Bankers Petroleum’s planned takeover by China-based Geo-Jade Petroleum Corporation was a step closer on Wednesday, with the arrangement receiving ministerial approval under the Investment Canada Act.
Macquarie somewhat surprised by organisational reshuffle at Rio Tinto
The decision of Andrew Harding, Rio Tinto’s ex-Iron Ore chief to depart the company was not unexpected, but the organisational reshuffle of the company’s organisational structure was “somewhat of a surprise”, analysts at Macquarie said.
FTSE 100 could drop below 5,000 in Brexit, says UBS
Given the risk rally of the last few days, there is significant room for downside in the event of a Leave vote, said UBS strategist Yianos Kontopoulos, noting the possibility the FTSE 100 could drop 21% from current levels to below the 5,000 mark.
London midday: FTSE flattens off as investors sit on sidelines
The FTSE 100 maintained its small lead by midday on Wednesday as, although polls showed the EU referendum remained too close to call, rallying housebuilding and financials stocks indicated investors were confident the status quo would be maintained.
Pound sluggish ahead of last Brexit polls, volatility eyed later
The pound continued to gain strength on Wednesday as traders and gamblers put their money behind Britain voting to remain in the European Union, with three opinion polls in the afternoon and evening offering potential for volatility.
Europe midday: Stocks nudge up in cautious trade ahead of Brexit vote
European stocks edged tentatively higher on Wednesday, with investors likely cautious a day ahead of Britain’s referendum on EU membership.
NewRiver Retail adds major Dumfries retail park
Real estate investment trust NewRiver Retail announced on Wednesday that it has completed the acquisition of Cuckoo Bridge Retail Park in Dumfries from an unnamed “large listed property company,” for a total of £20. 2m funded from existing cash resources.
Metal Tiger reports 'considerable progress' from Botswana JV
AIM-listed miner Metal Tiger said its copper and silver joint venture in Botswana had made “considerable progress” in its diamond drilling programme.
Remain campaigner Yvette Cooper receives Twitter death threats ahead of referendum
Labour MP Yvette Cooper has received a threatening message via Twitter in which a user asks her to stop campaigning or he will take the lives of her children and grandchildren.
Zegona posts ongoing growth at Telecable subsidiary
Zegona Communications posted quarterly results for its primary investment on Wednesday, the northern Spanish cable network operator Telecable, with solid growth in both revenue and earnings.
Le Mans 24 hours 2016 won by Porsche
The 2016 Le Mans 24 hour race could not have ended more dramatically than its 84th edition.
Mitsubishi forecasts YEN 145bn loss after fuel scandal
Mitsubishi Motors has forecast a current full year net loss of YEN 145bn (£947m) after admitting that it had falsified fuel efficiency tests for years.
Cambridge Cognition signs distribution deal with Manus Neurodynamica
AIM-listed neuroscience technology company Cambridge Cognition Holdings has signed a distribution agreement to market a Parkinson’s sensor pen for healthcare technology group Manus Neurodynamica.
SocGen outlines post-referendum trade ideas
Remain is the central scenario in Societe Generale’s equity allocation model and the FTSE 100 is one of its preferred indices, the bank said as it outlined its equity trade ideas for both outcomes.
US pre-open: Stocks seen flat ahead of UK's EU referendum
US futures pointed to a broadly flat open on Wednesday following two days of gains, a day before the UK votes on its European Union membership.
How will Brexit affect young people?
Most young Britons have grown up not knowing any different than life inside the EU, how would their lives be affected by a Leave vote tomorrow?.
Asia report: Markets mixed as Brexit chatter continues
Markets in Asia closed mixed on Wednesday, as investors continued the countdown to the Brexit referendum on Thursday.
HSBC starts Dixons Carphone at 'buy'
HSBC initiated coverage of Dixons Carphone at ‘buy’ with a 460p price target, saying it is well-place and well-run, with growth underpinned.