Latest News
Saudi Arabia close to raising record amount for emerging market debt sale
Saudi Arabia was near to closing the largest-ever debt sale by an emerging market sovereign.
BT's pension deficit swells to £14.2bn, UBS says
Warning that BT Group's pension deficit has probably widened significantly, UBS cut its price target on the telecoms group and held its 'neutral' rating.
Household finances wane as inflation worries rise
UK household finances slumped to a five-month low in October, with rising inflation seen as the most likely cause.
Plutus PowerGen agrees to develop a 100MW gas-powered energy portfolio
AIM-listed Plutus PowerGen, which constructs and operates flexible power projects, agreed to develop a 100 megawatt gas-powered energy generation portfolio with a specialist energy company.
Barratt Developments exec suspended after arrest
Housebuilder Barratt Developments has suspended its regional managing director for London, Alastair Baird, after he was arrested over possible misconduct in awarding certain contracts.
Credit Suisse sees opportunity in construction and pharmaceuticals after US elections
Bond markets and non-residential construction stocks had not yet priced-in the potential risks surrounding the results of the upcoming US elections, strategists at Credit Suisse said.
Dirty production of NHS drugs fuelling rise of superbugs, says BIJ
Dirty production methods at pharmaceutical plants in India that are supplying the NHS with drugs are fuelling the rise of superbugs, according to the Bureau of Investigative Journalism (BIJ).
MX Oil starting to benefit from Nigeria investment
Oil and gas investing company MX Oil announced on Wednesday that PR Oil and Gas has now received $1. 2m from the sale of the first production of oil from the Aje Field.
Inspiration Healthcare to close factory and shuffle offices
Inspiration Healthcare Group announced the conclusion of a strategic review undertaken by the board on Wednesday, in relation to its operations following the reverse takeover of Inditherm in June 2015.
StatPro Group trading in line with expectations as it expands cloud platform
Cloud-based software provider StatPro Group said it has been trading in line with expectations as it expanded its data platform product.
Bond International board recommends approval of Constellation offer
Bond International Software announced on Wednesday that it, together with its advisers, have considered the terms of the final increased cash offer of 121p per Bond share to be made by Constellation UK.
Supervalu 2Q earnings in line but revenue misses
Second-quarter numbers from supermarket chain Supervalu were in line with expectations on the earnings front, but weaker-than-forecast in terms of revenue.
Wednesday broker round-up
B&M European value retail: Goldman Sachs keeps at buy with a target price of 274p.
Gulfsands Petroleum agrees farm-out from Colombian block
Gulfsands Petroleum has agreed a farm-out agreement for one of its two Colombian projects with Canada's Samarium Tennessine.
Europe midday: Stocks waver as investors mull earnings, China data
European stocks wavered on Wednesday as investors sifted through more corporate releases and mulled over the latest data from China.
London midday: Stocks fall as investors weigh earnings, UK jobs data
London stocks declined after disappointing earnings and as official data showed UK job creation slowed in the three months to August.
Broker tips: Crest Nicholson, IAG, Wizz Air
Crest Nicholson got a boost on Wednesday as Barclays said the stock was its ‘top pick’, replacing Redrow, following a period of share price underperformance that has left it looking “highly attractive”.
Saudi's Al-Falih says many nations willing to join OPEC in crude output cuts
Saudi Arabia's Energy and Industry Minister, Khalid Al-Falih, said many nations are willing to to join OPEC in cutting crude output to achieve an ongoing improvement in prices, according to reports.
Obama tells "whining" Trump to drop rigged election accusations
US president Barack Obama has once again criticised the Republican candidate to succeed him, as he told Donald Trump to "stop whining" after the nominee claimed that the election will be fixed against him.
Herencia Resources agrees $200,000 funding for 're-invigoration' strategy
Copper mining minnow Herencia Resources secured $200,000 from two shareholders to provide working capital and to fund its "re-invigoration" strategy.