Latest News
RBS settles with US regulator over mortgage-backed securities
Royal Bank of Scotland has agreed a settlement with US regulators of $5. 5bn (£4. 2bn) to resolve claims over its issue of residential mortgage-backed securities in the run-up to the financial crisis, though .
Windar Photonics 2016 strength continues in H1 2017
Developer of LiDAR wind sensor technology for electricity-generating wind turbines, Windar Photonics, said it had continued its “improving trend” of the latter parts of 2016 into the first half of 2017 in a trading update on Wednesday.
O2 picks Cisco for superfast gigabit WiFi in the City
Mobile network operator O2 confirmed a major step forward in its rollout of gigabit-WiFi in the City of London on Wednesday, selecting Cisco for its project.
Amiad confident in gaining France sanitation certificate
Water treatment and filtration systems provider Amiad updated the market on issues with the sanitation certification used by its French subsidiary, saying it had now put in place new management oversight of both its French and wider European operations.
Rumours resurface of takeover bid for Spire Healthcare
Spire Healthcare is now in the crosshairs of its major shareholder, Mediclinic International, according to a report.
Forbidden Tech pilots Forscene with 'major' North American broadcaster
Forbidden Technologies announced a paid-for pilot for its Forscene video platform on Wednesday, with an unnamed “major” North American broadcaster and sports rights holder.
Manx Telecom to invest in more fibre-to-the-premises
Isle of Man telecommunications provider Manx Telecom said on Wednesday that it was prioritising more investment in fibre optic cabling, to bring download speeds of one gigabit per second (1Gbps) to “selected” homes and businesses across the island later this year.
US pre-open: Wall Street set for slight gains ahead of Yellen testimony
Wall Street was set for a slightly higher start ahead of key testimony on monetary policy from the head of its central bank.
'Clock is ticking' on Brexit negotiations, says chief EU negotiator Barnier
Michel Barnier, the chief Brexit negotiator for the EU, told the UK on Wednesday that the "clock is ticking" to reach an agreement, and reiterated that financial obligations known as the 'divorce bill' will need to be paid.
Europe midday: Stocks push higher on the back of oil price gains
European stocks are being buoyed by a rising tide in crude oil markets with a small dip in the euro also helping to relieve some of the previous day's selling pressure.
London midday: Currency shifts send FTSE to two-week high
London stocks tickled a two-week high on Wednesday thanks to commodities strength and sterling weakness as traders chewed over the pace of central bank easing in coming months.
Acquisitions boost top and bottom line growth at Micro Focus
Micro Focus International reported continued top and bottom-line growth, boosted by recent acquisitions and ahead of its expected takeover of Hewlett Packard Enterprises's software arm.
Premier gushes higher after striking oil at first well offshore Mexico
Premier Oil's shares gushed higher after announcing it had struck crude offshore Mexico.
UltraDEX continues to drive growth at Venture Life
Consumer self-care company Venture Life Group reported unaudited half-year revenue growth of 28% on Wednesday, in a trading update for the six months to June, with revenues totalling £7. 8m.
Asia report: Markets mostly lower amid lighter trading
Markets in Asia finished mostly in the red on Wednesday, amid lighter volumes as traders began to close their wallets ahead of Federal Reserve chair Janet Yellen’s testimony before the US Congress.
Shell to sell upstream operations in Ireland for $1.23bn
Anglo-Dutch oil giant Royal Dutch Shell has agreed a deal to divest its upstream oil interests in Ireland for up to $1. 23bn.
MPC's Broadbent 'not ready' for rate rise yet
A top Bank of England official sounded a relatively 'dovish' note in an interview, admitting that it was a tough decision.
UK unemployment rate falls to forty-year low but wages remain stuck
The UK unemployment rate has shrunk to the lowest since 1975, it was confirmed on Wednesday, though this failed to boost wages and relieve the squeeze on households.
Premier League clubs hit the net with record £3.6bn revenues
English football’s top clubs took in a record £3. 6bn in revenues during the 2015/16 season, according to research from accountancy firm Deloitte.
Euro area industrial production jumps in May
Industrial production in the single currency bloc jumped in May, led by increased manufacturing of capital goods.