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Retailers call on police to get tough on crime in shops
More than one hundred retailers have written to police and crime commissioners in England and Wales on Thursday morning, calling on them to commit to making retail crime a priority in local policing strategies.
US close: Stocks higher following CPI data
Wall Street stocks closed sharply higher on Wednesday as market participants digested last month's CPI data.
Europe close: Stocks add to gains after better-than-expected US CPI reading
European shares were again higher following downside surprises for US consumer price data that appeared to take off some of the pressure on the US central bank.
Sector movers: Autos and Parts, Insurance pace gains after US CPI downside surprise
It was a classic risk-on session on both sides of the Pond on Wednesday as lower-than-expected readings on both headline and core consumer prices in the US for July stoked hopes that a peak in price gains might now be in the rear-view mirror.
Evraz looking to sell North American subsidiaries
Russian steelmaker Evraz said on Wednesday that it was looking to sell its North American subsidiaries.
London close: Stocks strengthen as US inflation comes in below forecasts
London stocks managed to close above the waterline on Wednesday, as investors digested the news that consumer inflation in the US slowed more than expected in July.
Galileo agrees to buy another 28pc of BC Ventures
Galileo Resources updated the market on the agreement between BC Ventures and Cordoba Investments to acquire a 51% interest in BC Ventures on Wednesday afternoon, which was assigned to the company on 4 March.
MJ Hudson raising over £9m to help fund recent acquisitions
Specialist asset management service provider MJ Hudson announced the launch of an £8m placing and a £1. 5m retail offer after markets closed on Wednesday, to fund its “fast growing” ESG division and to pay deferred consideration on its recent acquisitions.
Coats to raise £100m as it agrees to buy Rhenoflex
Industrial thread maker Coats Group announced its intention to raise £100m after markets closed on Wednesday, to fund the acquisition of German footwear materials producer Rhenoflex.
Director dealings: Investec CEO cashes in £1.14m after recent share growth
Investec’s chief executive enjoyed a £1. 14m payday, it emerged on Wednesday, after selling almost a quarter-million shares on the open market.
Atalaya first-half earnings fall as costs rise
Atalaya Mining reported a fall in first-half EBITDA to €41. 4m on Wednesday, down from €99. 4m year-on-year, amid high input costs and negative provisional pricing adjustments.
Jubilee Metals reports busy six months of operations
Africa-focussed Jubilee Metals updated the market on operations in its first half on Wednesday, having completed its £58m investment programme to diversify and expand its platinum group metals (PGM), copper and cobalt operational footprint.
GlobalData agrees new three-year, £410m debt facility
Industry intelligence specialist GlobalData has agreed a new three-year £410m debt financing facility maturing on 5 August 2025, it announced on Wednesday, with an option to extend by another year.
Frontier Developments makes several board changes
Video games developer and publisher Frontier Developments announced a number of changes to its board of directors on Wednesday, with David Braben moving to a new role as president and founder, as Jonny Watts promoted to chief executive officer after 10 years as chief creative officer.
Broker tips: Atalaya Mining, Pets At Home
Analysts at Berenberg lowered their target price on Atalaya Mining from 400. 0p to 370. 0p on Wednesday after the group's second-quarter results fell short of expectations.
FTSE 100 movers: Aviva, Admiral jump on results
London’s FTSE 100 was up 0. 2% at 7,503. 57 in afternoon trade on Wednesday.
Kistos, Serica Energy abandon attempts to combine
Kistos and Serica both walked away from their various attempts to combine late on Tuesday, after negotiations to reach a deal collapsed.
FTSE 250 movers: 4Imprint makes its mark, Quilter falls
The FTSE 250 was up 1. 61% at 20,233. 27 at 1504 BST.
US open: Stocks trade higher following July CPI reading
Wall Street stocks were trading higher early on Wednesday as market participants digested last month's CPI data.
BofA says Legal and General dividend 'should not be in any danger'
Analysts at Bank of America Securities reiterated their 'buy' recommendation for shares of Legal&General following the financial services outfit's latest half-year update.