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London midday: Stocks fall ahead of Fed rate decision, US election
London stocks were under pressure on Wednesday on US election worries and on caution ahead of the Federal Reserve’s interest rate announcement.
DekelOil appoints Vince McAleer CEO of Côte d'Ivoire subsidiary
DekelOil, a part owner of the Ayenouan palm oil project in the Ivory Coast, appointed Vince McAleer chief executive of its subsidiary, Dekeloil Côte d'Ivoire.
South Africa dismisses appeal against Coal of Africa's environment amendment
AIM-listed miner Coal of Africa has announced that the South African government has dismissed an appeal against the environmental authorisation amendment for its Makhado mine in the Limpopo Province.
Elon Musk 'optimistic' about approval for SolarCity merger
Tesla Motors founder and CEO Elon Musk has said he is confident that the company's acquisition of his privately-owned SolarCity will be approved by shareholders.
Ryanair traffic and load factor rise in October
Budget airline Ryanair said on Wednesday that traffic and the load factor rose last month.
Vast Resources starts drilling at Faneata
Romania and Zimbabwe-focused mining company Vast Resources announced on Wednesday that a drilling programme to confirm the mineral resource and provide material for metallurgical testwork has commenced at its Faneata tailings dam, located 7 kilometres from the Baita Plai Polymetallic Mine in western Romania.
Asia report: Most markets lower as Trump fears escalate
Most markets in Asia finished lower on Wednesday, following on from Wall Street’s red finish on Tuesday as concerns ahead of the US presidential election heightened.
Ex-BlackRock equity portfolio manager pleads guilty to insider trading
Ex BlackRock fund manager Mark Lyttleton on Wednesday pleaded guilty to two counts of insider dealing in the shares of EnCore Oil and Cairn Energy.
Biome Tech's third quarter revenues fall but has products in the pipeline
Biome Technologies’ third quarter revenue fell, although the AIM-listed company expects revenues for the year to be around the same level as last year as products move from development to commercialisation.
Peel Hunt downgrades Kaz Minerals to 'hold'
Peel Hunt downgraded Kaz Minerals to ‘hold’ from ‘add’ after its third-quarter production report but upped the price target to 275p from 200p as it took a look at the copper sector.
Margins at risk as grocers stuggle to pass on food price inflation, SocGen warns
Marmite continues to captivate financial analysts, with a note from Societe Generale using the divisive yeast extract to warn about the risk of gross margin pressure among supermarket groups that has led to it cutting target prices for Tesco and Wm Morrison.
UK houses cost six times average earnings despite price growth slowdown
UK house price growth slowed in October but the typical home now costs six times the average annual wage, Nationwide said on Wednesday.
US pre-open: Stocks seen lower amid election jitters
US futures pointed to a weaker open on Wall Street as worries about the US presidential race crept in after a new poll revealed Republican candidate Donald Trump was in the lead and ahead of the Federal Reserve’s rate announcement.
Microsoft warns Google after public disclosure of Windows hacker faults
Tech giant Microsoft has taken a shot at Google after the search engine publicly disclosed news that its Windows personal computers were the subject of a hack, and that the flaws were not immediately fixable.
New broad patent strengthens Allergy Therapeutics portfolio
Vaccine-focused pharmaceutical company Allergy Therapeutics announced on Wednesday that the European Patent Office has granted a broad technology patent relating to the its unique microcrystalline tyrosine depot adjuvant manufacturing process.
Next cuts sales forecasts and costs to leave profits on track
Next trimmed its full year sales guidance after third quarter retail sales fell almost 6%, but thanks to cutting its cloth more severely it said profits would come in as expected.
Water Intelligence buys two Aussie companies for $434,000
AIM-listed Water Intelligence is to buy two Australian utility companies, which are the leak detection company's former franchisees, for $434,000 in order to expand its presence in the country.
Clinton officials rubbish poll which puts Trump ahead
Campaign representatives for Hillary Clinton have claimed that an ABC/Washington Post poll that has Donald Trump ahead by one point in the US presidential election is not accurate.
Persimmon encouraged by strong trading post-Brexit
Housebuilder Persimmon guided to higher full-year margins after 'encouraging' trading following the EU referendum but expressed caution about new land investment due to the uncertainty arisen since the vote.