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Mediclinic holds divi but shares fall as Abu Dhabi recovery only 'gradual'
MediClinic kept its dividend steady despite a poor performance from the Middle East arm, with the private hospital group seeing recent "gradual improvements" in the troubled Abu Dhabi business.
Acacia Mining export ban remains amid Tanzania accusations of deception
Acacia Mining has been accused by the Tanzania government of under-declaring the mineral content of its gold and copper exports, so the export ban on the London-listed company will continue.
Hilton Food Group says 2017 trading so far in line
Hilton Food Group said its trading so far in 2017 has been in line with the board's expectations, ahead of issuing its half-year results in July.
FTSE 100 movers: EasyJet flies higher on upgrade; Kingfisher drops on results
London's FTSE 100 was up 0. 3% to 7,506. 39 in afternoon trade as investors awaited the release of the latest Federal Reserve minutes.
Results round-up
Although sales remained steady, Marks & Spencer reported a 64% plunge in profits for the year to 1 April after taking a £437. 4m hit mainly from changes to its pension scheme, international stores, and UK head office.
Euro area price stability still at risk, ECB's Praet says
The risk still exists that the rise in inflation might stall if rate-setters are too hasty, the European Central Bank's chief economist said.
Kingfisher sales slow as corporate DIY work continues
DIY retailer Kingfisher reported solid UK growth for the first quarter of its financial year, but total like-for-like sales were dragged down by continued weaker sales in France and disruption from its own restructuring plans.
London midday: Stocks edge up ahead of FOMC minutes; M&S rebounds
London stocks nudged higher by noon on Wednesday as investors sifted through a raft of corporate news and looked ahead to the release of Federal Reserve minutes, although a downgrade of China’s credit rating weighed on the mining sector.
Ediston Property Investment improves NAV/share in H1
Ediston Property Investment improved its EPRA net asset value per share to 109. 67p in the six months to 31 March, from 107. 7p six months earlier.
Wood Group acquires US automotive controls and processes expert
Oil services engineer John Wood Group has acquired Detroit-based automotive controls business CEC Controls for up to $59m, adding clients such as Ford, GM and Fiat-Chrysler.
EC probes Jaguar Land Rover's Slovakia investment plans
European regulators have raised doubts about state funding for Jaguar Land Rover to invest in a car plant in Nitra in Slovakia.
Keywords Studios founders, CEO sell 8% stake
The founders and the chief executive of AIM-listed Keywords Studios have sold just under 4. 5m shares in the company, or an 8. 1% stake.
Glencore in talks over possible US agriculture merger
Glencore has confirmed that it has been in talks with US grain trader Bunge over a potential merger with its agricultural arm.
Hogg Robinson Group to acquire eWings.com
Hogg Robinson Group's shares are down after it agreed to acquire eWings. com, a next-generation travel management company.
BAE Systems rallies as UBS says it will benefit from higher US defence spending
Defence contractor BAE Systems rallied on Wednesday as UBS said the US defence budget blueprint supports US revenue growth acceleration.
Global trade jumps in March thanks to surge in emerging markets
The recent improvement in European business confidence surveys was not just the result of the psychological boost to sentiment from the French elections, UniCredit Research said.
UK terror threat level raised to 'critical' after Manchester bomb
Britain is now at its highest level of terror alert following the attack on the Manchester Arena on Monday night, suggesting further attacks may be imminent.
Asia report: Most markets higher as Moody's downgrades China rating
Markets in Asia finished mostly higher on Wednesday, with downgrade in China’s credit rating from Moody’s coming during the day, and investors beginning to close their wallets as they waited for the FOMC minutes to be released during their Thursday session.
Europe midday: Investors look to ECB chief Draghi amid buoyant global trade data
European indices are trading on a mixed note as investors wait for a speech from European Central Bank chief Mario Draghi.
Britvic bottles up improved revenue in first half
Britvic posted its interim results for the 28 weeks to 16 April on Wednesday, reporting an 11. 5% increase in revenue to £756. 3m.