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UK house prices edge higher in June despite softer demand - RICS
House prices continued to grow in June, a closely-watched survey showed on Thursday, but at a slower pace than previously seen.
US close: Stocks lower following red hot CPI reading
Wall Street stocks lost ground on Wednesday following a hotter-than-expected inflation reading.
Thursday preview: US producer prices, J.P.Morgan in focus
All eyes on Thursday will continue to be on the US inflation picture as the Department of Labor releases wholesale price data for June.
London close: Stocks fall as US inflation rockets past forecasts
London stocks closed below the line on Wednesday, as investors digested surging inflation figures out of the US, after the latest UK economic data earlier surprised to the upside.
Europe close: Stocks slumps after hotter-than-expected US June CPI print
Stocks fell on Wednesday following the release of data on the other side of the Pond showing the fastest rise in annual headline consumer prices in the US since late 1981.
FTSE 100 movers: IAG paces losses after Heathrow caps daily passenger numbers
IAG was among the top fallers on London's top-flight index a day after Heathrow airport capped the number of travellers per day to 100,000 due to staff shortages, forcing the cancellation of 1,000 summer flights.
FTSE 250 movers: JD Wetherspoon plumbs fresh low, Clarkson at technical resistance
JD Wetherspoon led the second-tier index lower following an update that analysts at ShoreCap said revealed "sluggish" trading.
Director dealings: Nanoco director linked to £1.7m share sale
Quantum dots and nanomaterials producer Nanoco Group was at the top of the list of director sells on Wednesday, after a transaction worth over £1. 7m was made, linked to a non-executive director.
Broker tips: Coca-Cola Hellenic, RS Group, Anglo Pacific
Analysts at Deutsche Bank raised their target price on Coca-Cola Hellenic from 2,475. 0p to 2,525. 0p on Wednesday, stating they were expecting "another solid release" from the firm.
US open: Major indices in the red following CPI reading
Wall Street stocks were firmly in the red early on Wednesday following a hotter-than-expected inflation reading.
BofA stays at 'buy' on Anglo Pacific Group as pivot towards 'future facing commodities' continues
Analysts at BofA Securities reiterated their 'buy' rating for shares of Anglo Pacific Group, telling clients that its recent acquisition of four royalties from South32 reflected its pivot away from coal towards electrification metals.
US inflation surges to 9.1% in June
US inflation surged to 9. 1% in June, ahead of expectations for a print of 8. 8% to the highest level seen since November 1981.
Crossword Cybersecurity pleased with first-half performance
Crossword Cybersecurity said in an update on Wednesday that it had “successfully delivered” on its strategy to build on its organic revenue growth and acquire “outstanding” cyber security companies in its first half.
Europe midday: Stocks lower but in holding pattern ahead of US CPI
Stocks were holding lower come midday with traders expectant ahead of what could be a key report on US consumer prices due out later in the day.
Europe open: Stocks start session lower ahead of US CPI report
Stocks have started the session lower with traders expectant ahead of what may be a key report on US consumer prices due out later in the day.
Live events return underpins 'strongest ever' year for Aeorema
Live events agency Aeorema Communications reported its “strongest year on record” in an update on Wednesday, with trading throughout the year just ended ahead of its own expectations.
Capital Metals confident in project despite Sri Lanka unrest
Capital Metals updated the market on the Eastern Minerals heavy mineral sands project in Sri Lanka on Wednesday, which it described as “one of the highest-grade” mineral sands projects globally, which was “closely approaching” final investment decision.
Harland & Wolff wins £55m defence contract
Maritime infrastructure company Harland & Wolff Group has been awarded the M55 regeneration programme contract by the Ministry of Defence, it announced on Wednesday, on behalf of the Lithuanian Defence Materiel Agency (DMA) after a competitive bid process.
Distil volumes, revenues plunge amid business 'remodel'
Premium spirits company Distil said in a trading update on Wednesday that volumes were down 79% year-on-year in its first quarter, with revenues falling 81% to £0. 12m.
T42 shares surge on new Latin America distribution deal
Shipping container tracking technology company T42 announced on Wednesday that, following a “successful and intensive” pilot programme, it has signed an agreement with a second Latin America distributor to provide its solutions to local port authorities over four years from 2023, with an estimated total value of more than $16m.