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US close: Stocks end choppy session higher after Trump news conference
US stocks ended a choppy session higher on Wednesday, with the Dow closing less than 50 points shy of the 20,000 mark following Donald Trump’s first major speech since he was elected President on 8 November.
Bonds: Investors push yields lower on lack of Trump stimulus news
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Almost 1,000 estate agents 'unlikely to still be trading' in three years
As Foxtons revealed details of its troubled 2016 and warned of continued harder times in the year ahead, new analysis of the housing sector confirmed increasing levels of financial distress among UK estate agents.
FX round-up: Cable gains in volatile trading
Cable was under pressure throughout the session as traders adopted a cautious stance ahead of the US President-elect Donald Trump's much awaited speech later in the day.
London close: FTSE closes at 10th record high in a row
The FTSE 100 jumped on Wednesday after Bank of England Governor Mark Carney said Brexit is no longer the most significant domestic risk to the UK’s financial stability.
Trump slams Russia reports as a 'disgrace', admits belief it was behind hacking
US president-elect Donald Trump has labelled the release of documents linking him with collusion with Russia and its president Vladimir Putin a 'disgrace', and admitted for the first time that he believes they were behind the hacking of the Democratic National Congress.
Director dealings: Riverstone Energy director buys in even after strong run
Patrick Firth, Riverstone Energy's Senior non-executive Independent Director, bought 4,000 shares in the closed-ended investment company at an individual price of 1,3430p, for a total consideration of £53,720.
UAE to invest $163bn in renewable energy
The United Arab Emirates plans to invest $163bn (£134bn) in projects to generate half of the nation’s power requirements from renewables by 2050.
Small cap round up
Xaar, a British industrial inkjet technology supplier, has signed an agreement with Xerox corporation to partner in bulk piezoelectric (piezo) inkjet printheads. The partnership capitalises on each company’s considerable expertise in bulk piezo printhead development, which will in turn deliver “substantial benefits” to the market through leveraging both companies’ market-leading technology to bring consumers a broader range of bulk piezo printheads.
World Bank downgrades India growth forecast
The World Bank has reduced the Indian economy's growth prospects for the fiscal year to March 2017 by 0. 6% from previous forecasts - although at 7% the country is still expected to see the quickest expansion in the world.
A380 will take off once again, says Airbus
Airbus has reaffirmed their commitment to the A380 “superjumbo” despite slow sales as it announced record annual deliveries of its family of aircraft, according to a report by the Telegraph.
Sector movers: Telecoms, cyclicals lead advance
Telecommunication and industrial shares led gains as the Footsie jumped higher as cable slipped back towards its post-Brexit lows following the release of weaker-than-expected UK trade data for the month of November.
Omega Diagnostics awarded ISO compliance
Medical diagnostics company Omega announced on Thursday that its fully owned Indian subsidiary, Omega Dx Asia, has received certificates of accreditation from BSI confirming its Quality Management System is compliant with the ISO 9001:2008 and ISO 13485:2003 standards.
UK GDP growth slows in fourth quarter, NIESR estimates
UK economic growth slowed in the final three months of the year, according to the respected monthly analysis by the National Institute of Economic and Social Research.
Physiomics makes 'good progress' towards objectives
Physiomics announced on Wednesday that it is making good progress towards the strategic objectives announced in its most recent full year results, posted on 27 October 2016.
North Lincolnshire council refuses planning consent for Wressle oil field
Shares in Egdon Resources and Union Jack Oil tumbled after the North Lincolnshire County Council's refused planning consent for the development of the Wressle oil field in North Lincolnshire.
Trinity Exploration to restart onshore drilling after restructuring
Trinity Exploration & Production has cut its net debt by three quarters to $9. 2m after completing a restructuring via a placing and subscription, saying it expects to restart its onshore drilling programme with four new wells this year and new offshore drilling "as early as late 2018".
BoE does not see risk of tighter financial conditions on horizon, Carney says
The Bank of England does not see the risk of a significant tightening in financial conditions on the horizon, the Governor of the BoE said.
Immigration minister proposes £1,000 levy on EU skilled workers
The government could impose a levy of £1,000 a year for every skilled EU worker employers in the UK recruit after Brexit to shift the focus to British workers, an immigration minister said.
US crude oil inventories surge in latest week, DoE says
US crude oil and product inventories jumped sharply at the start of the year, amid a surge of imports.