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US pre-open: Futures in the red ahead of Nvidia earnings, Fed minutes
Wall Street futures were in the red ahead of the bell on Wednesday as investors look ahead to earnings from chipmaker Nvidia after the close.
China hints at tariff hikes for large car imports
China could raise import tariffs on large combustion engine cars, it was reported on Wednesday, weighing on the share price of European auto makers.
Europe midday: Stocks stay down after UK inflation data; autos slump
European stocks were still weaker by midday on Monday as investors mulled the latest UK inflation data and looked ahead to quarterly earnings from US chip giant Nvidia.
London midday: Stocks down as inflation data dents rate cut hopes
London stocks were off earlier lows but still in the red by midday on Wednesday as data showed that inflation fell less than expected in April, dashing hopes of a summer rate cut.
Oaktree Capital takes ownership of Inter Milan following €395m default
US investment fund Oaktree Capital revealed it has become the new owner of Italian football champions Inter Milan after the club's holding company defaulted on a €395. 0m payment.
Zenova named as official NHS supplier
Fire safety business Zenova said on Wednesday that it has been appointed as an official supplier to the NHS for its FX range of extinguishers, with an initial order already being shipped.
Jefferies cuts rating on Assura to 'hold'
Jefferies has trimmed both its rating and price target on Assura, the specialist UK property developer and investor.
Sondrel names John Chubb as next CEO
Turnkey services provider Sondrel revealed on Wednesday that John Chubb had been nominated as chief executive officer-designate, succeeding interim CEO David Mitchard.
UK house prices push higher
House prices edged higher in March, government data showed on Wednesday, as the UK market continued to recover.
Feedback FY revenues seen higher despite NHS contract delays
Clinical infrastructure specialist Feedback said on Wednesday that full-year revenues were seen higher and that underlying losses had narrowed but warned that certain NHS procurement processes had been "more protracted".
Games Workshop names Elizabeth Harrison as group finance director
Miniature wargames manufacturer Games Workshop Group revealed on Wednesday that Elizabeth Harrison had been nominated to join its board as group finance director at its annual general meeting in September.
Asia report: Markets mostly lower amid slew of Japan data
Asia-Pacific markets closed mostly lower on Wednesday, with mainland China stocks being the exception, showing slight gains following a series of economic data releases from Japan.
Empiric Student Property remains confident in FY outlook
Student accommodation provider Empiric Student Property reiterated its confidence in its full-year outlook on Wednesday, stating the business was now "poised for growth".
Public sector borrowing jumps in April - ONS
Public borrowing soared by more than expected in April, official data showed on Wednesday, on the back of lower National Insurance receipts.
Raspberry Pi confirms London IPO
Computer maker Raspberry Pi confirmed on Wednesday that it plans to float on the London Stock Exchange, likely in June.
Ofcom fines BT £2.8m for knowingly breaching contract info rules
Ofcom announced on Wednesday that it has fined BT Group £2. 8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.
Europe open: Stocks fall after UK data, nerves set in ahead of Nvidia
European stock markets headed lower on Wednesday morning as investors digested some mixed inflation data from the UK and awaited blockbuster quarterly earnings from American chip giant Nvidia.
Coats Group returns to revenue growth
Industrial thread and footwear component manufacturer Coats Group reported a return to revenue growth for the period from 1 January to 30 April on Wednesday.
Close Brothers warns of higher full-year costs
Close Brothers Group reported a steady performance across its divisions in the third quarter on Wednesday, but warned of higher costs for the rest of the financial year.
HICL Infrastructure maintains dividend in tough market
HICL Infrastructure reported a challenging but resilient performance in a difficult macroeconomic environment in its annual results on Wednesday, as income fell to £105. 4m from £254. 2m year-on-year.