Latest News
Tesla parts ways with Autopilot partner MobilEye
Partners in the development of self-driving technology Tesla and MobilEye will split after the end of their current agreement, as the US carmaker will begin the search for a new collaboration.
FTSE 250 movers: Rightmove beats Brexit blues; Dignity down on lower death rates
Shares in online estate agent Rightmove surged on Wednesday as it posted a rise in first-half pre-tax profit and expressed confidence over the full year despite the impact of Brexit.
London midday: Stocks rise as UK GDP beats forecasts
London stocks rose on Wednesday after official data showed UK economic growth accelerated more than expected in the second quarter.
Wednesday newspaper share tips: Games Workshop, PZ Cussons
Investors looking for a haven from sterling's post-Brexit vote nadirs could do worse than Games Workshop, which The Telegraph's Questor columns suggests as a potential 'Buy'.
Thursday preview: Flood of FTSE 350 corporate interims dominate agenda
Investors will be kept busy on Thursday with a raft of corporate interims on the FTSE 350.
Aberforth underpreforms against benchmark in H1; raises dividend
Aberforth Smaller Companies Trust said first-half net asset value fell 11. 6% as it missed its benchmark return, but rewarded shareholders with a 5. 2% increase in interim dividend to 8. 60p a share.
Catalan government to push for secession irrespective of Madrid approval
The regional government in Catalonia, Spain, is preparing to begin the process of secession from the country, whether they receive the backing from the national government in Madrid or not.
Japan plans to inject 28tn yen into economy
Japan’s Prime Minister Shinzo Abe has announced that his government will introduce a 28tn yen package, equivalent to £200bn, to lift the flailing economy.
Metminco chairman resigns
Metminco chairman Tim Read has resigned, effective from 27 July, and is succeeded by non-executive director Phillip Wing.
Smurfit Kappa looks to FY earnings growth as free cash flow slides
Smurfit Kappa has improved its first-half pre-tax profit and revenue, but free cash flow is down more than half. It expects to report earnings growth for the full-year.
Europe midday: Stocks push higher; LVMH surges but Deutsche Bank slumps
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.
Bonds: Slight risk-off bid in Gilts ahead of US Fed and BoJ meetings
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Hillary Clinton confirmed as first ever female US presidential nominee
The race to become the 45th president of the United States was confirmed as Donald Trump versus Hillary Clinton after the latter was formally confirmed at the Democratic National Convention in Philadelphia on Tuesday.
Asia report: Markets mixed as Japan stimulus expectations heat up
Asian markets ended mixed on Wednesday, with Japanese stocks rebounding from their sell-off on Tuesday as investors eagerly await key central bank decisions as well as a number of earnings reports in the region.
Servelec positive on FY outlook
Technology and software group Servelec is positive on its full-year outlook, noting challenges to date have arisen from timing setbacks rather than any structural change in business environment.
City Airport gets green light for GBP344m expansion
The British government has approved a £344m expansion programme for London’s City Airport.
On the Beach Group heading for FY profitability
On the Beach Group is on track to achieve profitability for the year, in line with directors' views, but noted a number of negative external factors affecting consumer confidence in the terror-attack disrupted summer holiday season.
Twitter growth fails to hit estimates amid usage drop
Twitter appears to be faltering after reporting its slowest growth results since going public in 2013, as shares fell 11% in Tuesday's extended trading.
Broker tips: Brewin Dolphin, GKN, Drax
RBC Capital Markets upgraded Brewin Dolphin Holdings to an ‘outperform’ rating from ‘sector perform’ on Wednesday after the company reported its third quarter interims.
Lancashire's interim profits beat forecast, capital return eyed in second half
Bermuda-based insurance company Lancashire Holdings' profits fell less than feared in the first half as it skirted most of the significant industry losses in recent months.