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Brewin Dolphin increased funds despite "challenging" markets
Wealth management company Brewin Dolphin Holdings has reported an increase in funds under management despite “challenging” investment markets.
US close: Fruitless day as Apple juice offset by hawkish Fed
US stocks had a fruitless day on Wednesday despite strong gains for Apple, as the Federal Reserve delivered a more hawkish statement than many in the market had expected and oil prices were slicked back down.
FTSE 100 movers: ITV in the picture; Capita's Brexit concerns worry investors
ITV shares topped the FTSE 100 risers after the company said revenue growth slowed in the latter part of the first half of the year and, and cautioned that television advertising is likely to be down in the third quarter, but still raise the dividend.
SABMiller puts AB InBev integration work on ice - report
SABMiller's management has reportedly placed work on integrating its operations with that of would-be suitor Anheuser-Busch InBev NV on ice for the time being.
FX round-up: Yen flops versus sterling, dollar after Abe promises stimulus
Sterling was essentially a back-seat driver on Wednesday as the yen took the driver's seat and wheeled lower against the British unit and US dollar after Japan's PM, Shinzo Abe, promised a 28-trillion-yen stimulus package.
Flybe reports sustained growth despite tough conditions
Flybe, the largest regional airline in Europe, announced on Wednesday a good start to the year despite challenging conditions for the industry.
easyHotel adds 300 rooms in Turkey despite low tourist demand
Budget hotelier easyHotel added a further 300 rooms in its Turkey development despite low tourist demand, while also expanding in Portugal.
Small cap round-up
Recruitment software provider Dillistone Group announced on Wednesday that its subsidiary, Dillistone Systems, has secured an order for its FileFinder Anywhere product with the Paris headquartered global executive search firm Alexander Hughes International.
Ronald Reagan attacker to be freed from psychiatric unit
The would-be assassin of former US president Ronald Reagan is set to be released from a psychiatric hospital after experts deemed him to no longer be a threat.
Europe close: Markets higher ahead of Fed
European stocks rose on Wednesday as investors welcomed news of a bumper stimulus package in Japan, ahead of the Federal Reserve’s latest policy announcement.
Dillistone signs on big French client
Recruitment software provider Dillistone Group announced on Wednesday that its subsidiary, Dillistone Systems, has secured an order for its FileFinder Anywhere product with the Paris headquartered global executive search firm Alexander Hughes International.
London close: Stocks rise on UK GDP as investors await Fed
London stocks ended higher on Wednesday as investors mulled better-than-expected UK economic growth data and awaited the Federal Reserve’s interest rate decision.
Ice Bucket Challenge funds lead to ALS gene discovery
An important gene discovery made for the neurodegenerative disease ALS has been attributed to the funds raised by 2014's viral Ice Bucket Challenge.
Commodities: Crude flops as US inventories' buildup surprises traders
Crude oil futures flopped on Wednesday afternoon following confirmation of a surprise buildup in US inventories amid a global supply glut already spooking investors.
TechFinancials terminates joint venture over alleged breach of terms
Financial trading technology provider TechFinancials announced on Wednesday that after entering into a joint venture agreement with IBID Holdings to manage one of the company's B2C binary options trading brands in February, it is terminating the agreement due to what it says is a breach by the partner.
GlaxoSmithKline to invest GBP275m in UK manufacturing sites
Amid growing concerns about how Brexit might affect investment in the UK, pharmaceuticals giant GlaxoSmithKline has announced plans to spend £275m on three of its UK manufacturing sites to boost production and support delivery of its latest respiratory and large molecule biological medicines.
GSK gives earnings guidance a shot in the arm after strong first half
GlaxoSmithKline said strong earnings growth in the second quarter led to expect full year earnings will hit the upper end of targets, with an extra boost coming from the weakness of sterling in the first half of the year.
May wants to guarantee rights for EU citizens living in UK
Theresa May said she wanted to guarantee the rights of EU citizens in Britain, but wanted guarantees in return for UK nationals living abroad.
CMA clears Breedon Aggregates acquisition of Hope
Breedon Aggregates’ planned takeover of Hope cleared a major hurdle on Wednesday, with the Competition and Markets Authority accepting its undertakings in lieu of a Phase 2 investigation.
Chancellor Philip Hammond plans to take action to support economy
Chancellor Philip Hammond said on Wednesday that he will work with the Bank of England to take whatever action was needed to support the economy post Brexit, Reuters reported.