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US close: Stocks rise after Fed hikes growth forecasts
Stocks on Wall Street closed in the green on Wednesday, after the Fed upped its economic forecasts following its two-day March meeting.
Thursday preview: Bank of England, US jobless claims in focus
Investors' focus on Thursday will shift back to home shores as the Bank of England announces its latest policy decisions.
Fed still sees 'considerable risks' from Covid-19 pandemic
America's central bank stayed put on policy, reiterating its commitment to maintain short-term interest rates low until the economy was firmly on the recovery path.
Europe close: Stocks end on slightly mixed note ahead of Fed decision
European stocks finished on a mixed note on Wednesday as investors took a cautious view ahead of the US Federal Reserve's monetary policy decision that was scheduled for later in the day.
London close: Stocks in the red ahead of Fed
London stocks closed Wednesday’s session in negative territory, as investors eyed the latest policy announcement from the US Federal Reserve due later in the evening.
Young & Co says dividend payment for next year cannot exceed £5m
Pub group Young & Co set out its reopening plans on Wednesday and said it has agreed with lenders that its dividend payments for the next year cannot exceed £5m.
Director dealings: John Menzies CFO ups stake
John Menzies revealed on Wednesday that chief financial officer Alvaro Gomez-Reino had acquired 40,000 ordinary shares in the London-listed aviation services group.
Morgan Stanley to offer wealth management clients bitcoin funds access - CNBC
Morgan Stanley has reportedly become the first big US bank to offer its wealth management clients access to bitcoin funds.
Empire Metals to kick off next phase of work at Eclipse
Exploration and development company Empire Metals confirmed on Wednesday that the next phase of works at its Eclipse gold project, 55 kilometres north-east of Kalgoorlie, Western Australia was now fully funded, and would begin “very soon”.
Broker tips: Rolls-Royce, TI Fluid Systems, Ferguson, Standard Chartered
Rolls-Royce rallied on Wednesday as JPMorgan Cazenove upgraded shares of the engine maker to 'neutral' from 'underweight', highlighting four reasons behind the change, despite "major challenges".
HSBC in final talks to sell French retail bank - report
HSBC is in final talks to sell its French retail banking business to Cerberus, a private equity firm, for a token price Reuters reported.
Altus completes strategic review on Bikoula iron project
Altus Strategies announced the completion of a strategic review on its 97%-owned high-grade Bikoula iron project in southern Cameroon on Wednesday.
FTSE 250 movers: Ferrexpo rallies on results; SSP slumps
London’s FTSE 250 was down 0. 9% at 21,579. 87 in afternoon trade on Wednesday.
Games Workshop declares dividend, trades in line
Games Workshop declared a dividend of 45p a share and said trading was in line with expectations.
US open: Stocks mixed as investors await outcome of Fed meeting
Wall Street trading got off to a mixed start on Wednesday as investors held out for the outcome of the Federal Reserve's two-day policy meeting later in the day.
Unite announces 23 days of strike action at Heathrow
Unite announced 41 strikes at Heathrow Airport for the spring on Wednesday, as part of what the union described as a “bitter dispute” following the airport operator’s decision to fire-and-rehire its entire workforce.
AstraZeneca and top supplier defend vaccine production
AstraZeneca and one of its main European suppliers have defended their Covid-19 vaccine production process after the European Medicines Agency said it was investigating potential defects in certain batches.
Shares in Plug Power hit by accounting errors
US firm Plug Power saw its shares tumble in morning trading on Wednesday, after the fuel-cell maker confirmed a series of accounting errors.
FTSE 100 movers: BT, Vodafone rally; Ocado in the red
London’s FTSE 100 was down 0. 5% at 6,768. 02 in afternoon trade on Wednesday as investors eyed the latest policy announcement from the US Federal Reserve.
Intuitive Investments puts £0.25m into Polarean Imaging
Life science-focussed closed-end investment company Intuitive Investments said on Wednesday that it was acquiring 416,666 shares of Polarean Imaging at a price of 60p each, for a total of £0. 25m.