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Asia report: Chinese tech plays weaker on mixed day for region
Wednesday brought a mixed performance from share markets in the Asia-Pacific region, with Chinese technology stocks in the red after electric vehicle maker Xpeng took a tumble.
Tracsis lifts earnings expectations after solid year
Transport software, hardware and data analytics provider Tracsis said in a trading update on Wednesday that it now expected full-year revenue to have increased to £69m, from £50. 2m year-on-year.
US pre-open: Stocks seen muted ahead of Powell speech
US stocks looked set for a muted open on Wednesday as investors eyed the Jackson Hole symposium and in particular a speech by Federal Reserve chair Jerome Powell.
Lookers interim profits dip
Car dealership Lookers reported a dip in interim profit on Wednesday as supply disruption made trading conditions challenging.
Allied Minds plans to delist from London Stock Exchange; shares slide
Allied Minds shares tumbled on Wednesday after the company - which invests in the tech and life sciences sectors - said it was planning to delist from the London Stock Exchange.
Energy firm proposes £2,000 bill cap through state-backed borrowing
An industry-proposed plan to protect UK households from eye-watering energy bills will need more than £100bn in funding over two years, paid off by taxes or energy customers in the long-term.
Costain confident after meeting first-half expectations
Infrastructure engineering company Costain said on Wednesday that its reported and adjusted group revenue was up 19. 5% in its first half to £665. 2m, reflecting primarily volume growth and inflation protection mechanisms within contracts.
Whitbread buys freehold property on London's Strand
Premier Inn owner Whitbread has bought a prime freehold property on the Strand in central London, located just off Trafalgar Square, for over £200m.
Europe open: Stocks tick lower as investors eye Jackson Hole symposium
European stocks nudged lower in early trade on Wednesday as investors eyed the Jackson Hole symposium and in particular, a speech by Federal Reserve chair Jerome Powell.
London open: Stocks edge down amid inflation, recession woes
London stocks edged lower in early trade on Wednesday amid worries about inflation and a global slowdown, as investors eyed the Jackson Hole symposium.
London pre-open: Stocks to fall on weak US, Asian cues
London stocks were set to edge down at the open on Wednesday, taking their cue from negative sessions in the US and Asia, as investors eye the Jackson Hole symposium.
Office space provider IWG appoints Charlie Steel as CFO
Flexible workspace provider IWG said on Wednesday that it has appointed Charlie Steel as chief financial officer, succeeding Glyn Hughes.
IWG appoints Charlie Steel as new CFO
London pre-open The FTSE 100 was called to open 10 points lower at 7,478.
Wednesday newspaper round-up: Minimum wage, energy crisis, Eurostar
The minimum wage should be increased to £15 an hour as soon as possible to help millions of low-paid workers struggling amid the cost of living crisis, the TUC has said. In a move that opens a fresh policy gap between unions and Keir Starmer’s Labour party, the TUC has thrown its weight behind calls for a more ambitious legal floor on pay rates. The union body said the government needed to draw up plans to get wages rising as workers suffer the biggest hit to living standards on record.
US close: Stocks finish weaker after poor batch of data
Wall Street's main market gauges closed in the red on Tuesday, after a batch of much weaker-than-expected economic data was released.