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Thursday preview: U.S. CPI, Easyjet in focus
All eyes on Thursday will be on the release of the U. S. consumer price report for the month of September.
UK house prices continue to fall - RICS
UK house prices continued to fall in September, an industry survey showed on Thursday, as higher interest rates and mortgage costs weighed on demand.
US close: Stocks higher after Fed minutes, wholesale price surprise
Wall Street finished with gains on Wednesday as traders navigated through the latest Federal Reserve minutes and a surprise on the latest wholesale price data.
Europe close: Stocks take a breather
European stocks were mixed on Wednesday, as investors paused for breath following the best daily performance in nearly a year. during the previous session.
US open: Stocks mixed as investors await more inflation data
Shares on Wall Street were trading on a mixed note on Wednesday, as investors exercised caution ahead of key inflation figures and more Fedspeak over the coming days, not to mention the geopolitical backdrop.
US producer prices rise more quickly than expected in September
Wholesale prices in the States rose a tad more quickly than expected last month amid widespread gains.
London close: Stocks weaker amid Gaza tensions, hot US producer prices
Stocks in London ended in the red on Wednesday, impacted by heightened concerns regarding global inflation and ongoing situations in the Middle East.
Broker tips: BP, Rio Tinto, Hochschild Mining
Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
FTSE 250 movers: Mitie surges on results; Travis Perkins slides on profit warning
London’s FTSE 250 was down 0. 4% at 17,891. 15 in afternoon trade on Wednesday.
FTSE 100 movers: BAE Systems boosted by upgrade; Burberry out of fashion
London’s FTSE 100 was down 0. 1% at 7,622. 97 in afternoon trade on Wednesday.
Barclays continues to see ‘material upside’ in BP to 1,000p a share
Barclays said on Tuesday that it expects a positive reaction to the ongoing BP capital markets day.
Baron Oil reveals plans for Chuditch appraisal well
Baron Oil announced further details on the planned Chuditch-2 appraisal well in the Chuditch gas field on Wednesday, on the TL-SO-19-16 production sharing contract offshore Timor-Leste.
Strategic Minerals subsidiary inks partnership with Oxford Sigma
Strategic Minerals announced a significant partnership through its wholly-owned subsidiary Cornwall Resources (CRL) on Wednesday, aimed at exploring and developing critical mineral supply chains, mainly focusing on tungsten for the burgeoning fusion industry.
Faron Pharmaceuticals upbeat on latest data in blood cancer trials
Faron Pharmaceuticals announced encouraging updated data from its ongoing phase one and two ‘BEXMAB’ study into relapsed or refractory (r/r) acute myeloid leukaemia (AML) and myelodysplastic syndromes (MDS) treatments on Wednesday.
Power Metal reports strong progress on Saskatchewan uranium exploration
Exploration firm Power Metal Resources revealed substantial progress in its uranium exploration business in the Athabasca Basin of Saskatchewan, Canada, on Wednesday, spanning 1,012 square kilometres across 17 properties.
UK watchdog to probe Arcelik-Whirlpool deal
The UK competition watchdog is to launch an in-depth investigation into the proposed merger of white goods manufacturers Whirlpool and Arcelik, it was confirmed on Wednesday.
Jubilee Metals sustains operational performance as profits fall
Jubilee Metals Group said in its final results on Wednesday that it managed to sustain a robust operational performance that mitigated the adverse impacts of depreciating platinum group metals (PGM) basket prices and infrastructural dilemmas in its operating territories.
ExxonMobil to buy Pioneer in $59.5bn all-stock deal
ExxonMobil has agreed to buy Pioneer Natural Resources in a $59. 5bn all-stock deal.
CentralNic rebrands as Team Internet Group
CentralNic Group announced that it has officially rebranded to Team Internet Group on Wednesday, following a decision subject to shareholder approval, first reported on 4 September.
Marston's sales growth continues, operating profits seen higher in FY24
Pub and hotel operator Marston's said on Wednesday that sales growth had remained solid in 2023, while operating profits looked set to improve during the following fiscal year.