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Annual production a mixed bag for BHP
BHP Billiton saw mixed results in its production numbers for the year to 30 June, with petroleum down 13% to 208 MMboe, copper off 16% at 1,326 kt, and metallurgical coal production 6% softer at 40 Mt.
TalkTalk quarterly revenues drop 3.2% as consumer revenues decline
Revenues at TalkTalk fell in the three months to the end of June as strong growth in its corporate and wholesale broadband revenues was offset by a drop in consumer revenues.
Wizz Air Q1 profit, revenue rise after strong Easter
Wizz Air reported a 15. 6% jump in first-quarter pre-tax profit on Wednesday as revenue rose, partly thanks to a strong performance over Easter.
Aviva sells Friends Provident International for GBP340m
Aviva has agreed to sell Friends Provident International (FPIL), a unit focused on high-net-worth clients in Asia and the Middle East, for £340m to RL360, a subsidiary of International Financial Group.
London pre-open: Stocks seen higher after Nasdaq, S&P close at records
London stocks were set for a positive open on Wednesday, underpinned by the fact that the S&P 500 and Nasdaq closed at record levels in the previous session.
Severn Trent lifts business services division guidance
FTSE 100 water company Severn Trent lifted its guidance for its business services division on Wednesday following the sale of its North American business.
Wednesday newspaper round-up: Brexit bill, BP, ONS leak, Ecuador, card charges
Divisions over the UK’s Brexit divorce bill were laid bare on Tuesday as British negotiators pushed back against a mooted €75bn (£66bn) Brexit charge-sheet. On the second day of detailed Brexit negotiations, the British team peppered the Brussels side with questions over how to pay for unwinding 44 years of the UK’s European Union membership, after the government admitted in parliament last week it has financial “obligations” from its EU membership. - Guardian.
US close: Markets end mixed as Trumpcare falters
US stocks put in a mixed performance on Tuesday, with analysts reacting poorly to the latest quarterly numbers out of Wall Street heavyweights Goldman Sachs and Bank of America.