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UK housing market holds steady despite lockdown - RICS
The UK housing market strengthened in February, research published on Thursday showed, ahead of the chancellor’s decision to extend the stamp duty holiday.
Thursday preview: ECB rate decision, Rolls Royce in the spotlight
The focus on Thursday will shift to the European Central Bank, as the Governing Council meets to decide on policy.
Apple allegedly cuts iPhone orders by 20%
Apple reportedly cut orders for iPhones by 20% over low demand for the iPhone 12 mini, said the Nikkei on Wednesday.
Europe close: Stocks extend advance helped by strong corporate earnings
European shares were higher as strong corporate results from Quilter and Adidas offset falls in mining stocks due to weaker commodities prices.
London close: Stocks mixed amid inflation concerns
London stocks closed in a mixed state on Wednesday amid worries about inflation, with miners under the cosh.
Sector movers: Stocks end mixed amid drag from lower commodity prices, pound strength
Stocks were mixed on Wednesday as investors paused for breath following recent heavy gains.
Broker tips: ITV, Ferrexpo, Experian, Pearson
Analysts at Berenberg raised their target price on broadcaster ITV from 95. 0p to 112. 0p on Wednesday but raised questions about the group's advertising revenues when "normal life" resumes.
Director dealings: SLA director ups stake
Standard Life Aberdeen revealed on Wednesday that non-executive director Jonathan Asquith had acquired 30,000 ordinary shares in the FTSE 100-listed asset manager.
Altus identifies several gold targets in Egypt's Eastern Desert
Altus Strategies announced the identification of a number of high priority gold targets from remote sensing across all four of its projects on Wednesday, covering 1,565 square kilometres in the Eastern Desert of Egypt.
Ethernity board appoints Yosi Albagli as new chairman
Data processing offload provider Ethernity announced the appointment of Joseph ’Yosi’ Albagli as its non-executive chairman on Wednesday, with immediate effect.
FTSE 250 movers: Quilter up after results; ITV in the red
London’s FTSE 250 was flat at 21,383. 67 in afternoon trade on Wednesday.
Sabien Technology establishes US subsidiary
Heating, cooling and transportation technology company Sabien has incorporated a wholly-owned United States subsidiary Sabien, Inc in the state of Delaware, it announced on Wednesday.
UNICEF said $1bn more needed for COVAX vaccine rollout
The United Nations’ children’s fund said on Wednesday that countries needed to contribute more money for COVAX's Covid-19 vaccine rollout to help those in need.
FTSE 100 movers: Just Eat rallies; miners slump
London’s FTSE 100 was flat at 6,729. 59 in afternoon trade on Wednesday.
US open: Stocks rally following February CPI report
Wall Street stocks were firmly in the green early on Wednesday as some modest inflation figures offset concerns around elevated bond yields.
Rouhani's offer to return to nuclear deal snubbed by conservatives in Iran
Iranian President Hassan Rouhani’s offer to return to the 2015 nuclear deal in exchange for the US scrapping its sanctions against Tehran was rebuked by conservative factions in his country.
Auction of 10-year inflation-linked Gilts draws highest demand since 1998
An auction of 10-year inflation-linked Gilts drew a record amount of bids.
Talend to go private in $2.4bn deal with PE firm Thoma Bravo
Data solutions company Talend has agreed to be bought by private equity firm Thoma Bravo in a $2. 4bn deal.
Wednesday broker round-up
Ultra Electronics: JP Morgan upgrades to overweight with a target price of 2,350p.
Eli Lilly therapy shown to reduce death in Covid study
Eli Lilly said on Wednesday that its combination antibody therapy had been shown to reduce the risk of hospitalisation and death for Covid-19 patients by 87%.