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Europe midday: Stocks slump as banking sector remains under pressure
European equities slumped on Wednesday as the banking sector remained under pressure and concerns about Brexit continued to drag on investor sentiment.
Blackberry says bye-bye to full Classic keypad
Ailing smartphone maker Blackberry started waving bye-bye to its iconic keyboard on Wednesday, as the company announced it will discontinue its Classic model handset.
Riksbank postpones interest rate increases due to heightened uncertainty
Rate-setters in Sweden pushed back on market expectations for the start of policy normalisation given heightened uncertainty overseas, in part as a result of Brexit.
Topps Tiles lays down third quarter revenue growth
Tile specialist Topps Tiles posted its third quarter trading update on Wednesday, with like-for-like revenues increasing by 6. 2% in the 13 weeks to 2 July.
ITV claims victory in transmission fee changes but faces 'zero' gain
A change in broadcasting laws has encouraged ITV and other public service broadcasters (PSBs) to demand cable television providers such as Virgin Media to pay for access their free-to-air channels, though the outlook remains unclear.
Mastercard to face one of Britain's first US style class action cases
Mastercard is facing Britain's first ever class action lawsuit after imposing unfair card charges on UK consumers in the first case of its kind in Britain.
United States holding more untapped oil than Saudi Arabia or Russia
A report published by Rystasd Energy claims that the United States now has the largest reserves of untapped oil than any other country in the world.
Panmure maintains 'buy' on EKF Diagnostics
EKF Diagnostics shares rose on Wednesday as Panmure Gordon reiterated a ‘buy’ rating and target price of 14p after an upbeat trading update.
Oscar Pistorius sentenced to 6 years in prison for murder of Reeva Steenkamp
South African Olympian Oscar Pistorius has been sentenced to 6 years in prison by a judge for the murder of his girlfriend, model Reeva Steenkamp, in 2013.
Deutsche Bank initiates coverage of TalkTalk Telecom at 'buy'
Deutsche Bank initiated its coverage of TalkTalk Telecom Group with a ‘buy’ rating and target price of 300p on Wednesday.
Asia report: Most markets down on renewed Brexit concerns
Asian markets closed lower on Wednesday, with investors clamouring for safe havens as renewed Brexit concerns plagued global sentiment.
Low & Bonar's profits rise as it seeks to offload Bonar Natpet joint venture
Performance materials manufacturer Low & Bonar said its profits increased in the first half of the financial year and are in line with expectations as it seeks to offload its Bonar Natpet joint venture.
Numis reiterates 'buy' rating on Aldermore
UK bank Aldermore’s ‘buy’ rating and target price of 212p has been reiterated by Numis despite the market forecasting a recession materially worse than the credit crisis.
Carillion's confidence and new contracts lifts shares from lows
The day after its shares hit a post-crisis low, Carillion bounced back with a confident first-half trading statement and news of three contract wins worth up to £600m and a bulging order book.
Chilcot report set to be released on Wednesday
The long-awaited Chilcot report investigating Britain's participation in the Iraq War is set to be published on Wednesday, with former prime minister Tony Blair expected to be absolved of any serious wrongdoing during the conflict.
Europe open: Stocks in the red on Brexit worries
European stocks were mostly lower on Wednesday after Bank of England warned that the risks of the UK’s Brexit had already begun to “crystallise”.
London open: FTSE creeps higher on commodities gains
London stocks opened surprisingly higher on Wednesday as precious metals miners were joined by other commodities heavyweights as the blue chip index extended its gains from the previous day.
Food price deflation hits Booker Group sales growth
Investors in food wholesaler Booker Group were preparing for their annual general meeting on Wednesday morning, with chief executive Charles Wilson releasing his trading update ahead of the event.
Daejan Holdings earnings slide in preliminary results
Property company Daejan Holdings announced its preliminary results for the year to 31 March on Wednesday, with its investment property figure growing to £2bn, from a restated £1. 86bn last year.
Passenger numbers ascend, but cancellations almost double at easyJet
Low cost airline easyJet reported a 5. 8% jump in passengers for the month of June on Wednesday, with 6. 94m customers taking to their orange jets, compared with 6. 56m in June 2015.