Latest News
Firestone Diamonds' construction at Lesotho mine ahead of schedule
Construction at Firestone Diamonds’ Lesotho mine is ahead of schedule and production is expected around October.
Euro area consumer confidence hit by Brexit uncertainty in July
Consumer confidence in the euro area dropped back sharply in July, according to a widely-followed gauge of sentiment, with some analysts linking the drop to the immediate impact of the referendum vote in Britain.
US open: Stocks rally on better-than-expected corporate earnings
US stocks rallied on Wednesday, boosted by better-than-expected corporate earnings.
Director dealings: Action Hotels chairman's mother checks in
Celebrated Kuwaiti poetess Sheikha Dr Souad Al-Sabah has bought £0. 45m of shares in Action Hotels, the company founded and run by her son.
Results round-up
Wizz Air shares flew higher on Wednesday after reporting a 52. 2% jump in first quarter pre-tax profit to €52. 3m.
Clinigen revenue and profits see serious rise
Global pharmaceutical and services company Clinigen Group posted a trading update for the year to 30 June on Wednesday, reporting an 87% improvement in revenue and a 90% increase in gross profit.
Pimco poaches Man Group chief Manny Roman for CEO role
Pacific Investment Management Co (Pimco) has appointed Emmanuel Roman, hitherto chief executive of the world's largest publicly-traded hedge fund group, as its new chief executive officer.
HSBC forex exec reportedly arrested in New York
A foreign exchange executive at HSBC has reportedly been arrested at New York’s John F. Kennedy airport, charged with front-running customer orders.
Wilmington gobbles up SWAT Group
Business information and services company Wilmington announced on Wednesday that its subsidiary, Mercia Group, has acquired training and technical compliance support provider SWAT Group.
Former UBS trader Adoboli loses deportation appeal
Former UBS trader Kweku Adoboli, who in 2012 was sentenced to seven years in prison for fraud, has lost his appeal against deportation to Ghana.
LED International's nomad and chairman resign as accounts delayed again
Shares in LED International, the Chinese provider of energy saving specialist, have been suspended for seven months and could be cancelled from AIM within a month after nominated adviser Allenby Capital quit as the company continued to delay reporting another set of accounts.
Volkswagen posts better-than-expected first half figures
Volkswagen shares jumped 6% on Wednesday after the car manufacturer reported better-than-expected profits for the first two quarters of the year.
Morgan Stanley Q2 numbers top expectations
Morgan Stanley’s second- quarter results topped expectations on Wednesday, underpinned by better-than-forecast performances in wealth management and fixed income.
Scancell granted product licence extension from Ichor Medical Systems
Scancell, the developer of immunotherapies for cancer treatments, was granted a product licence option extension from Ichor Medical Systems.
Thursday preview: ECB expected to follow BoE's lead on policy
The European Central Bank is expected to follow the Bank of England's lead by waiting for more post-Brexit economic data before boosting stimulus.
Judges Scientific issues profit warning after weak first half
Judges Scientific posted a trading update on its first-half performance on Wednesday, including the first full first-half contribution from Armfield, and the post-acquisition contributions from CoolLED and Dia-Stron, which were acquired in the first quarter of 2016.
US pre-open: Stocks seen higher as Morgan Stanley impresses
US futures pointed to a firmer open on Wall Street with earnings from Microsoft and Morgan Stanley likely to underpin the mood.
Moody's downgrades UK banking system to 'negative' due to Brexit uncertainty
Moody’s Investors Service changed the outlook on the UK’s banking system to 'negative' from 'stable' on Wednesday, due to uncertain Brexit trade talks.
Restore increases market presence through acquisition of PHS Data solutions
UK office services provider Restore on Wednesday announced the acquisition of PHS Data Solutions for £83. 1m.
Eurotunnel slashes growth prospects due to sterling fall
Eurotunnel has lowered its 2016 and 2017 guidance for core profit as a result of the post-Brexit drop in the pound.