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US pre-open: Futures drop as inflation fears rise
US stock futures were falling on Wednesday with the Nasdaq pulling back from record highs as nerves started to set in ahead of a key inflation gauge later in the week.
London midday: Stocks stay down but IDS gains on takeover
London stocks were still down by midday on Wednesday, but IDS bucked the trend after the Royal Mail owner accepted a takeover offer.
Averon to buy Foresight Sustainable Forestry in £167m deal
Foresight Sustainable Forestry Company is to be acquired by Averon Park in a £167m deal, it was confirmed on Wednesday, less than three years after the specialist investment firm went public.
JP Morgan sees lower political risk in Mexico for Fresnillo, stays 'overweight'
Analysts at JP Morgan sounded a confident note on the outlook for precious metals miner Fresnillo ahead of the next presidential elections in Mexico.
Anglo rebuffs BHP request to extend takeover talks
Anglo American has rejected BHP's request to extend its 'put up or shut up' offer deadline, advising shareholders to take no action in response to the latter's latest attempt to sway the mining group into a £39bn takeover deal.
Funding Circle to cut 120 jobs, CFO to step down
Funding Circle said on Wednesday that it was planning to axe around 120 jobs as part of its cost-cutting and streamlining efforts, as it announced the departure of chief financial officer Oliver White.
Shares in Gem Diamonds shine on 'remarkable' recovery
Gem Diamonds has recovered a 212 carat precious stone, the miner confirmed on Wednesday, sending its shares higher.
Bloomsbury Publishing buys US publisher for £65m
Bloomsbury Publishing said on Wednesday that it has bought The Rowman & Littlefield Publishing Group's academic publishing business for $83m (£65m).
Ofwat mulls cutting fines for struggling water firms - report
The regulator is considering reducing fines for financially stressed water companies, including crisis-hit Thames Water, it was reported on Wednesday.
PayPoint invests in open banking platform Aperidata
Payment tech group PayPoint has invested £1m in Aperidata to enhance its open banking solutions to clients, the company announced on Wednesday.
IWG slumps as CEO Dixon sells 35m shares
IWG slumped on Wednesday after chief executive Mark Dixon sold 35m shares in the flexible workspace provider.
Fuller Smith & Turner sells 37 pubs to Admiral Taverns
Pubs and hotels group Fuller, Smith & Turner has announced the sale of 37 pubs to Admiral Taverns for £18. 3m as it looks to bolster its balance sheet.
London open: Stocks fall but IDS jumps on takeover deal
London stocks fell in early trade on Wednesday, taking their cue from a downbeat session in Asia, but IDS bucked the trend after the Royal Mail owner accepted a takeover offer.
JLEN Environmental posts dip in net asset value
JLEN Environmental Assets Group reported a dip in net asset value on Wednesday, on the back of lower power prices and battery revenues.
Asia report: Shares lower as investors mull Australia CPI rise
Asian markets were lower on Wednesday as investors digested higher-than-expected April inflation data from Australia.
German consumer confidence at highest since April 2022
Consumer confidence in Germany rose to its highest reading in more than two years, according to the latest Consumer Climate Indicator from GfK and the Nuremberg Institute for Market Decisions (NIM).
BHP urges Anglo American to extend offer deadline
Mining titan BHP has requested that Anglo American extend its 'put up or shut up' deadline so that the two can continue discussions around a potential £39bn takeover of the latter.
Profits dip at Pets At Home despite revenues jump
Pets At Home posted a jump in annual sales on Wednesday but saw profits fall back, hit by availability issues.
London pre-open: Stocks seen lower on weak Asian cues
London stocks were set to fall at the open on Wednesday following a downbeat session in Asia and mixed performance on Wall Street.
Royal Mail owner IDS agrees takeover by Kretinsky, Bank of Georgia Q1 profits rise
London open The FTSE 100 was called to open down around 30 points.