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Asia report: Stocks fall as China trade data underwhelms
Stocks in the Asia-Pacific region were on the back foot on Thursday, after fresh trade data out of China came in short of expectations.
US PE firm GTCR considering cash offer for GB Group
US private equity firm GTCR has confirmed that it is currently considering a possible cash offer for identity verification specialist GB Group.
US pre-open: Futures little changed as Treasury yields remain in focus
Wall Street futures were modestly higher ahead of the bell on Wednesday as Treasury yields remained firmly in focus.
Putin threatens to halt energy supplies over price cap
Vladimir Putin has warned that Russia could cut off energy supplies if price caps are imposed on oil and gas exports.
Europe midday: Stocks stay down as German, Chinese data weigh
European stocks were off their earlier lows but still weaker by midday on Wednesday as the latest Chinese trade and German industrial production data added to recessions woes.
London midday: FTSE lower as China data adds to recession fears
London stocks were off lows but still in the red by midday on Wednesday as disappointing Chinese trade data dented sentiment.
EU planning €200/MWh price cap on non-gas generated electricity - report
Brussels is reportedly planning a €200 a megawatt hour limit to the price of electricity generated by non-gas power producers as part of efforts to quell the EU’s energy crisis.
Bitcoin eyes June lows support at $17,500; Ethereum plummets
Bitcoin (BTC) and Ethereum (ETH) left significant falls during the last 24 hours, riding the strength of the dollar and pressured by the problems detected with the update 'Bellatrix' of Ethereum, which prepares the blockchain for the event known as 'The Merge'. Specifically, the second currency by market capitalization loses 8% in 24 hours, to $1,500, while BTC drops more than 5%, gives up $19,000 and, more importantly, points to the June lows, at $17,500.
Profits slide at James Fisher
James Fisher and Sons reported a slide in first-half profits on Wednesday, despite revenues edging higher.
Berenberg reiterates 'hold' rating on BHP following OZ Minerals offer
Analysts at Berenberg reiterated their 'hold' rating on mining giant BHP on Wednesday, stating its recently announced bid for OZ Minerals was "sensible" but "too low".
Repsol sells 25% stake in upstream business to EIG for $4.8bn
Repsol said on Wednesday that it has agreed to sell a 25% stake in its upstream business to US fund EIG for $4. 8bn.
Takeover costs weigh on profits at M&C Saatchi
M&C Saatchi reported a slide in half-year profits on Wednesday, after the advertising firm's protracted takeover battles weighed heavily.
Bakkavor delivers 'robust' H1 performance
Food manufacturer Bakkavor said on Wednesday that it had delivered a "robust" first-half performance and stated its full-year outlook was in line with current expectations.
Destiny Pharma gets positive feedback from EMA on new antibiotic treatment
Clinical stage biotechnology company Destiny Pharma has received "positive feedback" from the European Medicine Agency regarding the proposed Phase III development programme of its new antibiotic treatment.
Avon Protection secures $15.1m US defence contract
Avon Protection said on Wednesday that it had secured an order worth $15. 1m from the US Department of Defense, sending shares in the provider of protective equipment surging.
UK house prices push higher - Halifax
UK house prices edged higher in August, industry data showed on Wednesday, reversing July’s decline.
Europe open: Stocks fall as China data adds to slowdown fears
European stocks fell in early trade on Wednesday as the latest trade data out China added to concerns about a global slowdown.
Synairgen unveils positive clinical trial data
Respiratory drug discovery firm Synairgen has announced positive findings from a clinical trial into its experimental antiviral treatment.
London open: Stocks slump after disappointing China data
London stocks fell sharply in early trade on Wednesday following downbeat sessions in the US and Asia, as disappointing Chinese data dented sentiment.
M Winkworth trades in line with expectations in H1
Estate agent M Winkworth said on Wednesday that its interim performance was in line with expectations, showing "good progress" against 2019's pre-Covid comparator but coming in weaker than 2021's "extraordinary" first-half showing.