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Thursday preview: US jobs market in focus again
Financial markets' focus on Thursday would continue to be on the U. S. jobs market.
London close: Stocks finish in the red after raft of global data
London stocks retreated on Wednesday, reversing earlier gains as investors contended with suboptimal data from the UK services sector and the US jobs market.
Europe close: Stocks end on mixed note
Stocks across Europe ended on a mixed note amid a pause in recent selling in government bonds on either side of the Atlantic.
Director dealings: Supreme CEO invests, Rank Group chief covers tax bill
The chief executives of two companies, Supreme and the Rank Group, made significant dealings in their respective firms, according to disclosures made on Wednesday.
Consortium said to table offer for Ascential events arm, shares surge
A consortium of strategic and financial investors has reportedly approached Ascential with a bid to take over its Cannes Lions and other events operations.
US open: Stocks steady amid lull in bond selling
Trading on Wall Street got off to a mixed start on Wednesday as investors continued to keep a close eye on the government bond market, even as they digested the historic ousting of the speaker of the House of Representatives.
Broker tips: Aviva, Tesco
Jefferies upgraded Aviva on Wednesday to ‘buy’ from ‘neutral’ and lifted the price target by 26% to 480p as it pointed to "turning tides".
U.S. services sector activity slows a tad in September, ISM says
Service sector activity in the U. S. ebbed slightly in September, the results of a closely followed survey showed.
FTSE 250 movers: Ascential surges on bid spec; Spirent tanks
London’s FTSE 250 was down 0. 8% at 17,544. 81 in afternoon trade on Wednesday.
Sunak calls for 'fundamental' change as he scraps HS2, shakes up education
Rishi Sunak has called on Conservative politicians to "fundamentally change our country", as he scrapped HS2, unveiled a shake-up of qualifications and announced a long-term ban on smoking.
FTSE 100 movers: Tesco rallies on results; Relx lifted by upgrade
London’s FTSE 100 was down 0. 6% at 7,424. 86 in afternoon trade on Wednesday.
ix Net Zero investee SLI terminates proposed combination
Investing company ix Net Zero announced on Wednesday that its portfolio company, Sustainable Living Innovations (SLI), has opted not to move forward with the initially planned business combination with Churchill Capital Corp V, as announced on 10 March.
DSW expands with new Cardiff corporate finance team
Mid-market challenger professional services provider DSW Capital announced an expansion into new geographies on Wednesday, with a fresh corporate finance team strategically stationed in Cardiff.
Sabien rolling out M2G cloud solution in US market
Sabien Technology Group announced the US rollout of its M2G cloud-enabled gas boiler energy-saving solution on Wednesday.
Landore agrees sale of Junior Lake lithium prospects
Landore Resources announced an agreement to sell its lithium prospects within the Junior Lake Project on Wednesday to the ASX-listed Green Technology Metals (GT1).
Star Energy wins two geothermal licences in Croatia
Star Energy announced on Wednesday that its Croatian subsidiary has been awarded two geothermal licences by the Croatian Hydrocarbon Agency, further extending its geothermal exploration endeavours in the region.
Bens Creek reports strong upswing in coal production
North American metallurgical coal miner Bens Creek Group reported a substantial increase in production for the six months ended 30 September on Wednesday.
Jefferies upgrades Aviva to 'buy'
Jefferies upgraded Aviva on Wednesday to ‘buy’ from ‘neutral’ and lifted the price target by 26% to 480p as it pointed to "turning tides".
CAP-XX launches direct sales capacity in North America
Supercapacitor specialist CAP-XX announced the expansion of its sales team on Wednesday, with the appointment of four sales representatives dedicated to the North American market.
US firms hire at slowest pace in September since January 2021, ADP says
Firms in the U. S. slowed their pace of hiring last month to the least since January 2021, the results of a survey revealed.