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Churchill China confident it will meet expectations as H1 revenue rises
Pottery manufacturer Churchill China’s revenues increased in the first half of the year as it remains confident that it will meet expectations for the full financial year.
Theresa May rules out second referendum and 'staying in EU by the back door'
In the first meeting of the cabinet since the summer recess on Wednesday, the prime minister said there will be “no attempts to stay in the EU by the back door”, ruled a out a second referendum and said the government must focus on opportunities outside the trading block.
US close: Stocks retreat as oil weighs, payroll data inconclusive
US stock indices fell on Wednesday to complete the month of August just below flat, with equities tracking oil prices lower as private payrolls data was stronger than expected but did not give a strong indication of the more important non-farm payrolls report at the end of the week.
Deutsche Bank held exploratory talks with Commerzbank
Deutsche Bank and Commerzbank studied a potential tie-up this month, but the deal fell through, according to reports from German publication Manager Magazin.
Commodities: Crude prices slip ahead of EIA inventories data
Crude futures are slipping this afternoon as the dollar weighs on prices, with traders having spent most of Wednesday looking ahead to the US Energy Information Administration's (EIA) inventories report this afternoon.
FX round-up: Sterling firms as May appears to stay Brexit course
Sterling performed well on most major currency crosses on Wednesday as UK prime minister Theresa May claimed there would be no attempts for the country to remain within the EU by the so-called back door.
Sector movers: Banks and insurers play catch-up with US peers
Shares in banks and insurers played catch-up with their US-listed counterparts, pushing higher on hopes that interest rates might indeed be heading higher even in the very short-term.
Bonds: Yields move higher despite weak data
These were the movements among some of the most widely-followed 10 year sovereign bond yields:.
Colombian stocks set to top global return leagues in August
Colombia´s COLCAP stockmarket index was on track for the biggest gain´s from among all its peers worldwide in August, after a 9. 6% advance in US dollar terms, Bloomberg reported.
Europe close: Stocks mixed amid poor economic data
European stocks were mixed on Wednesday as investors digested some uninspiring eurozone inflation and unemployment data, ahead of Friday´s key US jobs report and weighed down by a fall oil prices.
Volkswagen close to US settlement over "Dieselgate"
Audi have said that a settlement deal with US authorities for Volkswagen's part in the emissions scandal is close, and could be concluded by October of this year.
Donald Trump to meet Mexican president on Wednesday
Republican White House candidate Donald Trump has accepted an invitation from the president of Mexico Enrique Peña Nieto, and the two will meet on Wednesday in Mexico City.
Deutsche Bank, Commerzbank held potential tie-up talks in August - report
Bosses at Germany's two biggest banks -- Deutsche Bank and Commerzbank -- held talks about a potential tie-up earlier in August, a report says.
US DoJ seeks to block proposed Deere, Monsanto deal - report
US Department of Justice (DoJ) has filed a lawsuit contesting Deere &Co's planned buy of a line of high-tech farming equipment from Monsanto Co, a report says.
Brazil president Dilma Rousseff impeached
President of Brazil Dilma Rousseff has been impeached by lawmakers for concealing the economic realities in the South American country in order to win reelection in 2014.
Nigeria sinks into recession in Q2 on lower oil prices, Norway stalls
Oil exporters have been hit hard by the falling price of the commodity, with the Nigerian economy slipping into recession in the second quarter of 2016 as a result and Norway's growth brought to a standstill.
FTSE 250 movers: Grafton warns of challenging backdrop, gold miners drop
Grafton Group paced losses on the second tier index after warning of a challenging backdrop in UK merchanting.
Cathay International swings to H1 profit after devalution of renminbi
Chinese healthcare investor Cathay International Holdings swung to a half year profit as operational recovery gathered pace, particularly in its pharmaceutical subsidiary, from the devaluation of the renminbi.
Obama to press the case against excess steel capacity at G-20 - Lew
US president Barack Obama is set to press foreign leaders to take action against excess steel capacity at the G-20 Leaders' Summit in China next week, says US Treasury secretary Jack Lew.
London close: Miners lead stocks lower as oil prices plunge
London stocks fell on Wednesday, led by mining shares, as oil prices tanked and as traders sifted through mixed economic data.