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UK house prices continue to fall - Rics
House prices fell sharply last month, industry research showed on Thursday, as higher mortgage rates continued to hit home.
US close: Stocks mixed after muted reaction to CPI figures
US stocks finished mixed on Wednesday despite an in-line inflation report which cemented expectations that the Federal Reserve will keep monetary policy unchanged when it meets next week.
London close: Stocks mixed as investors digest US inflation data
London’s stock markets ended with a mixed performance on Wednesday, with slight fluctuations as investors grappled with the latest economic data from both the UK and the US.
Director dealings: Smurfit Kappa chair invests, Hays exec vests and sells shares
Smurfit Kappa was among those on the list of director purchases on Wednesday, after its non-executive chair picked up a number of shares.
US open: Wall Street edges up despite 'hot' CPI report
Wall Street was trading on the front foot in the first half of Wednesday's session, as traders shrugged off a slightly stronger-than- expected reading on August consumer prices.
FTSE 100 movers: Housebuilders, Aviva push higher
London’s FTSE 100 was up 0. 1% at 7,531. 98 in afternoon trade on Wednesday.
FTSE 250 movers: Redrow and Renishaw rally
London’s FTSE 250 was up 0. 1% at 18,554. 07 in afternoon trade on Wednesday.
The Range strikes deal to buy Wilko brand
Value retail chain The Range has reportedly struck a deal to buy the Wilko brand from its collapsed rival's administrators.
US consumer prices rise slightly more quickly than expected in August
The cost of living in the U. S. rose a tad more quickly than anticipated last month, driven higher by the cost of petrol and for auto insurance.
Serious Fraud Office charges four people over Patisserie Valerie collapse
The Serious Fraud Office (SFO) announced on Wednesday that it had charged four people, including a former director, in connection with the financial collapse of Patisserie Valerie.
EU to probe Chinese electric vehicles
The European Commission is to launch an anti-subsidy probe into electric vehicles imported from China, it was announced on Wednesday.
Apple’s iPhone 15 launch upgrade cycle to surprise to the upside, says Wedbush
Wedbush lifted its price target on Apple on Wednesday to $240 from $230 and reiterated its ‘outperform’ rating as it reckons the iPhone 15 launch upgrade cycle will surprise to the upside.
Duke Royalty reports strong start to new financial year
Alternative capital specialist Duke Royalty reported a new record of £6m in recurring cash revenue for the first quarter on Wednesday, making for an increase of 17% over the first three months of the prior year, and a £0. 3m increase on the previous quarter.
Longboat ups stake in Malaysia block with Topaz acquisition
Norway and Malaysia-focussed explorer and producer Longboat Energy announced the acquisition of the privately-held Topaz Number One on Wednesday, increasing its working interest in the production sharing contract over Block 2A offshore Sarawak, Malaysia to 52. 5%.
EnSilica wins $7m custom sensor chip contract
Mixed-signal ASIC chipmaker EnSilica has been awarded a contract to supply a custom sensor ASIC for the e-mobility market, it announced on Wednesday.
Global Petroleum upbeat on Italy appeal dismissal after fundraising
Global Petroleum said in an update on Wednesday that it had raised £0. 25m at the end of August, through the placing of 250 million shares at a placing price of 0. 1p each.
Botswana Diamonds finds fresh kimberlite blow at Marsfontein
Botswana Diamonds updated the market on its Marsfontein and Thorny River Projects in South Africa on Wednesday.
Conroy Gold reports promising assay results from Drumavaddy
Conroy Gold reported promising assay results from its ongoing exploration at Drumavaddy on the Slieve Glah gold target in County Cavan on Wednesday.
Eurozone industrial production slides in July
Industrial production fell more sharply than expected across the Eurozone in July, official data showed on Wednesday.
RBC Capital upgrades CVS Group to ‘outperform’
RBC Capital Markets upgraded CVS Group to ‘outperform’ from ‘sector perform’ on Wednesday as it argued that risks over the Competition and Markets Authority’s recently-announced review are overdone.