Petropavlovsk releases production forecasts, 3i Infrastructure says portfolio 'resilient'
London open The FTSE 100 is expected to open 24 points lower on Wednesday, having closed up 0. 53% on Tuesday at 6,772. 12.
UK house prices unexpectedly dip in March - Nationwide
UK house prices unexpectedly dipped in March ahead of the original deadline for the stamp duty holiday, according to a survey released on Wednesday by Nationwide.
London pre-open: Stocks seen a touch lower after negative US session
London stocks were set to nudge down at the open on Wednesday following a negative session on Wall Street.
Petropavlovsk forecasts fall in annual production
Russian gold miner Petropavlovsk said it expected a fall in annual production with a lower third-party contribution due to a failure to secure enough concentrate for processing.
Wednesday newspaper round-up: Liberty Steel, Serco, Archegos
When Boris Johnson announced the first stay-at-home order, effectively shutting down whole sections of the economy, it was hoped the tide could be turned within 12 weeks. As many months later, lockdown measures are being relaxed for a third time and Britain still faces a lengthy road to recovery from the worst recession for 300 years. As restrictions ease, the chief economist at the Bank of England, Andy Haldane, warned that despite the reopening of the economy, the risk of a “jobs equivalent of long Covid” remains for workers across the country.
Lockdown continues to weigh heavily on shop prices - BRC
Shops prices continued to fall in March, industry research showed on Wednesday, as embattled retailers discounted goods.
New App Detects How Seriously COVID Could Affect You
Scientists in Germany have developed a free online diagnostic tool that instantly analyzes your risk of developing a severe case of COVID-19 – using personal health DNA data from providers like 23andMe, Ancestry, MyHeritage, and Genotek.
US close: Stocks end session lower as bond yields come back into focus
Wall Street stocks closed lower on Tuesday after the Dow Jones saw out the previous session at a fresh all-time high as elevated bond yields weighed on sentiment yet again.
Wednesday preview: Biden speech, Next in the spotlight
US President Joe Biden is expected to take the spotlight at the end of the quarter as he lays out his case for a multi-trillion dollar package of infrastructure spending in a speech in Pittsburgh.
Mitsubishi group warns of possible $300m loss
Japan’s Mitsubishi UFJ Financial Group warned on Tuesday of a potential loss of around $300m at its European subsidiary over an anonymous US client.
Europe close: Stocks extend gains, Dax hits fresh record high
European shares held gains at lunchtime on Tuesday as investors shrugged off worries over the troubles at Archegos Capital and focused on the prospects of a post Covid pandemic economic recovery.
London close: Stocks finish firmer as sterling weakens against dollar
London stocks finished in positive territory on Tuesday, as investors looked past the Archegos Capital collapse.
Aurora, Volvo partner to develop self-driving heavy trucks
Volvo announced on Tuesday it would be partnering with California-based Aurora Innovation to build self-driving heavy trucks.
Broker tips: Eqtec, Fevertree, Victrex
Analysts at Canaccord Genuity initiated coverage on bioscience energy company Eqtec with a 'speculative buy' rating on Tuesday, highlighting its "next-generation" waste gasification technology.
Barclays starts ITM Power at 'overweight', firm to be at forefront of 'decarbonisation'
Analysts at Barclays started coverage of ITM Power at 'Overweight' with an 800. 0p target price, arguing that the firm was likely to be near the forefront of many industries' and governments' decarbonisation strategies.
Director dealings: Learning Technologies director ups stake
Learning Technologies said on Tuesday that non-executive director Leslie-Ann Reed had acquired 100,000 ordinary shares in the London-listed digital learning group.
Velocys extends sustainable fuel project agreement with BA
Sustainable fuels technology company Velocys has jointly agreed to extend the current option agreement with British Airways for the ‘Altalto’ project, it announced on Tuesday, to 31 March 2022.
Microsoft to place 50,000 people in jobs through LinkedIn
Microsoft said on Tuesday that it aims to place 50,000 people in high skilled tech jobs in a push through its professional networking site LinkedIn to boost the labour market and employees affected by the pandemic.
US open: Stocks lower as bond yields advance again
Wall Street stocks were in the red early on Tuesday after the Dow Jones saw out the previous session at a fresh all-time high as elevated bond yields weighed on sentiment yet again.
Angle completes clinical labs in Guildford and Pennsylvania
Liquid biopsy company Angle has completed the fitout and staffing of its clinical services laboratories in Guildford and Pennsylvania, it announced on Tuesday.