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Mattioli Woods reaches £50m annual revenue milestone
Specialist wealth management and employee benefits business Mattioli Woods reached a “significant milestone”, it reported on Wednesday, reaching annual revenues of more than £50m.
FTSE 250 movers: SIG jumps on update; Domino's Pizza sliced
London's FTSE 250 was up 0. 6% to 19,420. 73 in afternoon trade.
FTSE 100 movers: Tesco gains on Booker update; Worldpay tanks as bidding war hopes crushed
London's FTSE 100 was flat at 7,355. 39 in afternoon trade as investors continued to mull over disappointing services data.
FairFX turnover rockets ahead in first half
Low-cost multi-currency payments service FairFX reported a 25. 8% rise in first half turnover on Wednesday, to £433. 8m, with the board describing “broad-based growth”.
Liberum picks Compass, SSP and Greene King from UK leisure sector
Analysts at Liberum initiated coverage on UK-listed leisure stocks at 'neutral' despite recent strong growth in the sector as leisure operators slowly filled the vacuum left by retailers on the High Street.
Prepare for higher rates, MPC's Saunders tells households
Prepare for higher interest rates, a top Bank of England policymaker told households.
Credit Suisse hikes target for Imagination
Credit Suisse hiked its target price for Imagination telling clients its strategic assets should generate a good level of interest from bidders.
Frenkel Topping operating profit surges in first half
Specialist independent financial advisor and asset manager Frenkel Topping reported a four-fold improvement in its operating profit for the first half of 2017 on Wednesday, confirming it was on target to more than double the operating profit delivered in 2016.
Volvo to become first major carmaker to drop traditional engines
Chinese-owned carmaker Volvo has announced all the cars it sells from 2019 onwards will not be powered by an internal combustion engine.
ECB not discussing changes to policy stance, Coeure says
Central bank officials in the single currency bloc had not been discussing making changes to their monetary policy, a top official said.
London midday: Stocks flat as services PMI disappoints
London stocks were flat again by midday on Wednesday, giving up mid-morning gains as investors digested the release of disappointing services data.
Europe midday: Dovish ECB remarks soothe nerves, utilities unwanted
Shares moved slightly into the black following dovish comments from another top official at the European Central Bank, although traders were keeping a close eye on events in Qatar and on the North Korean peninsula.
Tanzania's new mining laws 'ominous' for Acacia Mining
Tanzania has passed legislation allowing the government to renegotiate and dissolve contracts, the final of three bills aimed to take what it sees as a fairer share of profits from its mining sector, which is dominated by London-listed Acacia Mining.
More new depositors make for strong growth at Nektan
International B2B gaming solutions and services provider Nektan said it continued to experience “strong growth” across all of its key performance indicators during the fourth quarter in a slew of announcements on Wednesday, driven by a combination of increased first-time depositors, ongoing product innovation and the launch of nine new casinos in the three months to 30 June.
US pre-open: Stocks seen flat to lower ahead of FOMC minutes
US futures pointed to a flat to slightly weaker open on Wall Street on Wednesday as investors looked to the release of the latest Federal Reserve minutes.
Brent oil futures under selling pressures as OPEC, Qatar raise output
Oil futures came under selling pressure following news that the Organisation of Petroleum Exporting Countries had increased its production and amid simmering geopolitical tensions around Qatar.
US calls for global action following North Korea missile launch
US secretary of state Rex Tillerson has called on nations across the world to condemn the actions of North Korea, after Pyongyang claimed to have launched an intercontinental-ballistic missile on Tuesday.
Asia report: Markets finish lower as China growth slows
Markets in Asia bounced back from their Pyongyang-led fall on Wednesday, as traders seemingly looked past the latest missile test from North Korea, although fresh data from China showed a slowdown in growth.
Lloyds reveals board shake-up ahead of new three-year plan
Lloyds Banking Group has revealed a major restructure of the company’s board, with chief executive Antonio Horta-Osorio announcing a new three-year strategic plan for the bank.
IXICO contracted for Alzheimer's vaccine trial
Neuroscience-focussed digital technologies company IXICO signed a new contract for specialist imaging clinical trial services, it said on Wednesday.