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Camelot and partners raise price of Euromillions in attempt to become "bigger and better"
The operators of the European lottery game Euromillions, including UK-based Camelot, have announced major changes to the way it will be played, most notably a price hike from £2 to £2. 50.
UBS launches coverage of UK estate agents
UBS initiated coverage of the UK estate agent sector on Wednesday, with Foxtons and Savills at ‘buy’, Countrywide at ‘neutral’ and Purplebricks at ‘sell’.
Gama Aviation sees slight fall in first half earnings
Gama Aviation said it expected a fall in first half adjusted earnings before interest, tax depreciation and amortisation to at least $7. 5m compared with $8. 2m in 2015.
China trade surplus narrows in June as exports fall
China’s exports fell in dollar terms in June from a year earlier as demand for goods from the nation remained weak.
McDonald's struggling in search for Chinese bidders
McDonald's is having difficulties in their search for a buyer for their Chinese franchises, according to a source for the Financial Times.
Speedy Hire sees full-year ahead of expectations
Speedy Hire said on Wednesday that its full-year results are likely to be ahead of the board’s previous expectations following a positive start to the year.
Playtech buys Best Gaming Technology for €138m
Playtech said it has was buying 90% of sports betting software maker Best Gaming Technology (BGT) for €138m in cash.
Europe open: Stocks waver as investors pause for breath
European stocks wavered in early trade as investors paused for breath following solid gains in the previous session, with the UK in focus again as Theresa May takes over from David Cameron as Prime Minister.
London open: FTSE 100 falls as property stocks subside
London stocks opened lower on Wednesday as the housebuilding and property rally ran out of steam and attention turns firmly towards the changing of Britain's leadership and the Bank of England's looming policy tinkering.
Hansteen refinances Dutch light industrial portfolio
UK and continental Europe property investment company Hansteen Holdings announced on Wednesday that it has refinanced two loans secured against its Netherlands light industrial property portfolio, with a single loan totalling €145m.
Wetherspoon sales up, sees UK prospects improving after Brexit
Pub operator JD Wetherspoon reported a rise in sales and said it expects to see an improvement in the UK’s prospects following the vote to leave the European Union.
ICAP 'resilient' in face of tough Brexit outlook
Markets operator and provider of post-trade mitigation and information services ICAP posted a trading statement for the three months to 30 June on Wednesday morning, ahead of its annual general meeting later in the day.
London pre-open: Stocks seen lower as focus turns to May
London stocks were expected to open lower on Wednesday despite positive Asian and US sessions, as Theresa May was set to become Prime Minister.
AstraZeneca reaches settlement with Sandoz over fulvestrant
Pharmaceutical giant AstraZeneca announced on Wednesday that it has entered into an agreement with Sandoz and its affiliates to resolve litigation relating to Faslodex (fulvestrant).
Burberry sales fall in Q1, Barratt profits up 20pc
London open The FTSE 100 index is predicted to fall 26 points on Wednesday morning, according to pre-market trading.
Wednesday newspaper round-up: BoE bullying, pensions liabilities, Poudland, Rolls
Mark Carney may have bounced the Bank of England into an unnecessary interest rate cut by calling for stimulus only days after the Brexit result, leading economists have warned in a fierce attack on the governor. Former Bank policymakers and other senior economists said that Mr Carney’s personal assertion on June 30 that “policy easing will likely be required over the summer” had put his colleagues on the monetary policy committee in an impossible position, given the uncertainty since the referendum.