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Europe open: Shares slip as Pelosi Taiwan visit stokes US-China tensions
European shares slipped at the open on Wednesday as investors fretted about the impact of US House Speaker Nancy Pelosi's visit to Taiwan.
London open: Stocks edge down ahead of OPEC meeting, services data
London stocks fell in early trade on Wednesday, taking their cue from a downbeat session on Wall Street as investors eyed an OPEC+ meeting and the latest reading on the UK services sector.
CMA provisionally clears NortonLifeLock's $8.6bn acquisition of Avast
The Competition and Markets Authority said on Wednesday that it has provisionally cleared NortonLifeLock’s $8. 6bn acquisition of UK rival Avast.
Ryanair July passenger numbers soar
Budget airline Ryanair on Wednesday reported a rise in July passenger numbers, despite the travel chaos at UK airports.
CLS Holdings disposes of three properties
Commercial property investor CLS Holdings said on Wednesday that it sold two properties in the UK and one in France for a combined total of almost £40. 0m.
Hill & Smith first-half profits, revenue rise
Hill & Smith reported a jump in first-half profit and revenue on Wednesday as it took pricing actions to recover input cost inflation.
Taylor Wimpey FY profits seen at top end of consensus, Rolls-Royce gets green light for sale of ITP Aero
London pre-open The FTSE 100 was being called to open 18. 7 points lower ahead of the bell on Wednesday after closing out the previous session just 0. 06% softer at 7,409. 11.
Insurer Hiscox swings to first-half loss
Insurer Hiscox said on Wednesday that it swung to an interim loss despite a strong underwriting performance.
London pre-open: Stocks seen down ahead of services PMI
London stocks were set to edge down at the open on Wednesday following a negative session in the US, as investors eye the latest reading on the UK services sector.
Wednesday newspaper round-up: Petrol prices, Robinhood, Cazoo
Petrol prices at the pumps are not falling fast enough and in line with wholesale price drops, according to the RAC. Over the last eight weeks, the average price paid for unleaded by drivers across the UK has only dropped by 9p a litre– all of which came off in July – despite wholesale petrol prices falling by 20p in the same time period. – Guardian.
Rolls Royce's sale of Spanish subsidiary gets green light from government
Engine manufacturer Rolls-Royce said on Wednesday that the Spanish government had approved the sale of its ITP Aero subsidiary to a consortium of investors led by Bain Capital Private Equity.
US close: Stocks take a dip on Pelosi's Taiwan trip
Wall Street stocks closed below the line on Tuesday, amid heightened tensions between the US and China as House Speaker Nancy Pelosi touched down in Taiwan.