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McLaren gets £100m capital injection for new road cars - report
McLaren Group is reportedly close to securing a new funding injection worth more than £100m as it races to bring its latest supercar models into full production.
Government's auction of Bulb attracts single bid
Downing Street has launched efforts to salvage a deal for collapsed UK energy supplier Bulb after attempts to auction off the company attracted just one bid — from rival Octopus Energy.
US open: Stocks mixed as Q2 earnings remain in focus
Wall Street trading got off to a mixed start on Wednesday as market participants remained firmly focussed on corporate earnings.
BlackRock to buy Vanguard Renewables
Massachusetts-based organics-to-renewable energy company Vanguard Renewables has agreed to be bought by BlackRock.
EasyJet shareholders approve Airbus aircraft acquisition
EasyJet shareholders have approved the purchase of 56 Airbus A320neo family aircraft and conversion of 18 A320neo family aircraft to A321neo aircraft.
Serica Energy upbeat on 2022 progress to date
Upstream oil and gas company Serica Energy said in an update on Wednesday that production performance in 2022 was benefitting from its “significant investment” in the Rhum R3 well reintervention, the Columbus development project and now the LWIV campaign.
Kin and Carta updates expectations, announces new CEO
Cloud and digital services provider Kin and Carta said in an update on Wednesday that it now expects net revenue of £191m for the financial year about to end, up from £128. 9m year-on-year.
Europe midday: Stocks slip amid geopolitical tensions
European stocks were slipping lower come midday on Wednesday following an upbeat session on Wall Street and as worries about gas supplies eased, after Russia's foreign minister said the geographical reach of its invasion of Ukraine would be expanded should the West provide Kyiv with long-range weaponry.
US pre-open: Futures trade lower as Q2 earnings season carries on
Wall Street futures were in the red ahead of the opening bell on Wednesday as market participants remained firmly focussed on corporate earnings.
London midday: Stocks turn lower on Ukraine worries; UK inflation in focus
London stocks had fallen into the red by midday on Wednesday as investors mulled the latest comments from Russian Foreign Minister Sergei Lavrov, with UK inflation figures also in focus.
Draghi calls on political parties to recommit to unity government, Italian debt advances
Italy's Prime Minister called on all political parties to recommit to the ruling unity coalition, arguing that that was what Italians want.
Asia report: Stocks rise as China keeps lending rates on hold
Markets in Asia closed higher across the region on Wednesday, after China’s central bank kept its benchmark interest rates unchanged.
UK house prices continue to rise - ONS
House prices continued to push higher in the UK, official data showed on Wednesday, despite the mounting cost-of-living crisis.
Alliance Pharma shares slide following challenging H1
Healthcare outfit Alliance Pharma reiterated full-year guidance on Wednesday as it said challenges faced in the first half were expected to ease in the second.
Costain backs FY guidance as H1 revenues surpass expectations
Costain backed its full-year expectations on Wednesday as it hailed a good performance in the first half, with revenue ahead of market expectations.
EU to ask countries to cut gas demand - report
Brussels is drawing up emergency plans to cut gas use, it was reported on Wednesday, on fears countries could be left struggling for fuel if Russia halts supplies this winter.
Centamin reaffirms guidance after solid second quarter
Centamin said it was on track to meet its 2022 production guidance in an update on Wednesday, with second-quarter gold production rising 11% year-on-year to 110,788 ounces.
Hochschild set to meet full-year production, cost guidance
Hochschild Mining reported second quarter attributable production of 49,133 ounces of gold and 2. 6 million ounces of silver in an update on Wednesday.
Petershill reports $36bn in gross fee-paying inflows
Petershill Partners reported gross fee-paying assets under management inflows of $36bn in a half-year update on Wednesday, as its left its full-year guidance unchanged.
Berenberg lowers target price on Entain
Analysts at Berenberg lowered their target price on bookmaker Entain from 2,060. 0p to 1,950. 0p on Wednesday, stating there was still value in the shares despite the company's "weaker" second-quarter trading performance.