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Sector movers: Stocks bounce despite drag from Precious Metals, Oil and Gas
A motley assortment of sectors led the FTSE 350's bounce on Wednesday despite the release of weaker-than-expected economic data and the political ructions in Downing Street.
Europe close: Stocks rise as bond yields ease but analysts cautious
European shares recouped some of the previous day's losses on Wednesday, although recession talk continued to make the rounds, prompting caution on the part of analysts.
UK cabinet ministers 'will tell Johnson to quit'
A delegation of senior cabinet ministers was reportedly gathering at Downing Street to urge UK Prime Minister Boris Johnson to quit after a mass of resignations from his government amid renewed criticism of his behaviour.
London close: FTSE gains despite political chaos
London stocks ended firmly in the black on Wednesday following a heavy selloff in the previous session, as investors largely shrugged off political turmoil.
Director dealings: Supermarket Income REIT chairman picks up some shares
The chairman of Supermarket Income REIT picked up some shares in the grocery property-focused real estate investment trust following a sharp decline in the share price on 28 June.
Thursday preview: ECB minutes, Fed speak in focus
Wednesday will be the European Central Bank's turn to publish the minutes of its last monetary policy meeting.
US open: Stocks little changed ahead of Fed minutes
Investors on Wall Street were in a skittish mood at the start of trading as a better-than-expected reading for a key survey of services sector activity nudged longer-term government bond yields higher.
DiscoverIE buys CDT Group for £5m
Electronics maker discoverIE Group on Wednesday said it had bought CDT group for £5m.
FTSE 250 movers: Investors get aboard Trainline as US visitors return to Europe
The FTSE 250 was up 1. 44% at 18,578. 50 at 1512 BST.
Trainline lifts guidance after surge in demand led by US visitors
Online rail ticketing platform Trainline on Wednesday lifted annual guidance after a bigger-than-expected surge in demand for travel, particularly from US visitors.
US services sector acitivity slows less than expected in June, ISM says
Activity in America's services sector slowed by less than expected last month, the results of a key survey revealed.
FTSE 100 movers: Abrdn gains on buyback; Informa boosted by broker note
London’s FTSE 100 was up 1. 6% at 7,137. 33 in afternoon trade on Wednesday.
Broker tips: Hunting, Informa, Intertek
Analysts at Canaccord Genuity upgraded their rating for shares of Hunting from 'hold' to 'buy' following the recent sharp spill lower in the share price after the company posted its second quarter results.
'Technically speaking' it's highly unlikely US is already in a recession, BofA says
It was "highly unlikely", technically speaking, that the US economy was in a recession, Bank of America Securities said, although there were some caveats.
Ben & Jerry's sues Unilever over ending of West Bank boycott
Ice-cream brand Ben & Jerry's is suing parent company Unilever for ending its boycott of occupied Palestinian territories, saying the decision conflicted with its “core values”.
CMA launches probe into Microsoft’s acquisition of Activision Blizzard
The UK’s Competition and Markets Authority said on Wednesday that it was launching an investigation into Microsoft’s $69bn acquisition of Activision Blizzard.
BofA reiterates 'buy' for Informa, says valuation 'adequately' pricing in risks
Analysts at Bank of America reiterated their 'buy' rating and 740. 0p target price for shares of British publishing and business intelligence outfit Informa.
UK regulator to probe Amazon marketplace practices
Britain’s competition watchdog has started an investigation into whether US online giant Amazon has been giving its own sellers an unfair advantage over third-party rivals on its marketplace.
European Commission raids online food delivery cos amid cartel concerns
The European Commission said on Wednesday that it had carried out unannounced inspections at the premises of online food and grocery delivery companies in two member states.
Sirius Real Estate trading in line with expectations
Sirius Real Estate said on Wednesday that it continues to trade in line with expectations.