Latest News
No passenger compensation for Ryanair strikes, court rules
Ryanair welcomed a decision from the Swords District Court in Dublin on Wednesday, in which the court confirmed that no compensation was due to customers under EU Flight Compensation Regulation 261/2004 (EU261) for delays and cancellations because of internal strike action in the airline last year.
Taylor Wimpey profit rises amid 'robust' demand
Housebuilder Taylor Wimpey posted a jump in full-year profit on Wednesday as completions edged higher amid "robust" demand for new homes.
FTSE 100 movers: M&S slumps on Ocado deal; banks on the up
London’s FTSE 100 was down 0. 6% to 7,108. 52 in afternoon trade on Wednesday as the pound continued to push higher.
Indivior launches schizophrenia treatment in US
Indivior has launched its monthly injectable treatment for adult schizophrenia in the US, for which it has guided to peak sales of $200-300m.
Bumpy road ahead for M&S-Ocado joint venture, analysts predict
Analysts think that Marks & Spencer’s £750m joint venture with Ocado faces a lengthy period of unprofitable development, but the expense should eventually pay off.
SpaceandPeople extends deal with German shopping centre firm ECE
SpaceandPeople has extended its agreement with GB Immobilien (ECE) for the provision of retail merchandising units (RMUs) in ECE-managed shopping centres in Germany, it announced on Wednesday.
Rockfire Resources kickstarts exploration at Copper Dome
Rockfire Resources on Wednesday began soil sampling, rock sampling, and geological mapping at the Copper Dome prospect in Central Queensland, Australia.
US trade deficit on goods jumps in December
America's shortfall in trade on goods with the rest of the world jumped at the end of 2018.
EVR Holdings ropes in Miles Lewis as chief commercial officer
Virtual reality music content producer EVR Holdings announced the appointment of Miles Lewis as chief commercial officer of its subsidiary MelodyVR on Wednesday.
Pakistan claims to have shot down two Indian jets over Kashmir border
Pakistani officials claimed the country's armed forces had shot down two Indian jets on Wednesday over its own territory, capturing at least one of the pilots.
UK hiring confidence falls, with retail workers suffering most
Recruiters' confidence in the UK economy has declined to the lowest since the EU referendum.
M&S buys 50% stake in Ocado.com
Online delivery specialist Ocado has agreed to sell Marks & Spencer a 50% share in its UK retail business for up to £750m.
Brussels mulls two-year Brexit delay if UK seeks to extension - report
Brussels could insist on delaying Brexit by two years if London seeks to extends Article 50, according to reports.
Telit Communications jumps on $105m sale of automotive business
Telit Communications climbed on Wednesday after completing the sale of Telit Automotive Solutions NV (Telit Belgium) to TUS for a total consideration of $105m.
Europe midday: Stocks slip amid weak data
Stocks on the Continent are slipping lower as somewhat wary investors pause for breath and assess the latest economic data.
Wednesday broker round-up
Tullow Oil: Jefferies downgrades to hold with a target price of 222p.
EU backs stiffer supervision of third-country investment firms
European Union member states have agreed on tighter supervision of foreign investment firms, in a move which will give Brussels greater power over City firms post Brexit.
Walcom 'severely constrained' after China economic slowdown
Walcom Group on Wednesday reported that its working capital position is "severely constrained" after revenues have been hampered by slowdown in the Chinese economy and failure to receive payments from its largest customer.
Ineos to invest £1bn in Forties pipeline, Grangemouth refinery
Petrochemicals company Ineos has announced plans to invest £1bn in overhauling its UK oil and gas pipelines, expanding its refinery and building a new chemicals plant.
US pre-open: Stocks to edge lower ahead of Trump and Kim meeting
US stock futures pointed to a slightly weaker open on Wall Street on Wednesday as investors eyed a summit between US President Trump and North Korean leader Kim Jong Un and another testimony from Federal Reserve Chairman Jerome Powell.