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Empire Metals announces Pitfield exploration target
Resource exploration and development company Empire Metals announced a JORC exploration target for the Pitfield Titanium Project in Western Australia on Wednesday - a significant step towards developing a mineral resource estimate for the project.
EU to slap tariff of up to 38pc on Chinese EVs
The European Union (EU) is set to impose tariffs of up to 38% on Chinese electric vehicles (EVs), it was reported on Wednesday, initiating duties exceeding €2bn annually and risking a trade conflict with China.
US pre-open: Futures cautiously higher ahead of FOMC decision
Wall Street futures were in the green ahead of the bell on Wednesday as investors look ahead to the outcome of the Federal Reserve's June policy meeting and another batch of inflation data.
World facing 'staggering' supply surplus as demand for oil peaks - IEA
The world is facing a "staggering" oil supply surplus, a leading energy think tank warned on Wednesday, as output outstrips slowing demand.
London midday: Stocks maintain gains after UK GDP, ahead of US inflation
London stocks were still in the black by midday on Wednesday as uninspiring UK GDP data raised hopes of a rate cut this summer.
Anglo Asian Mining shares jump as Azerbaijan gov't green lights tailing dam build
Anglo Asian Mining's share price surged on Wednesday after the gold, copper and silver miner moved one step closer to starting construction on the final part of its tailings dam in Azerbaijan.
Safestore shares slump on FY earnings forecast as revenues fall
Safestore shares fell sharply on Wednesday as the self-storage specialist said it expected annual earnings to be in the lower half of consensus forecasts as it posted a fall in interim core earnings amid tough trading conditions in most of its markets.
Europe midday: Shares up ahead of US Fed, CPI; Rentokil surges
European shares were higher on Wednesday as investors digested stagnant UK GDP figures and awaited an interest rate decision from the US Federal Reserve after inflation data for May.
RWS Holdings confident despite weaker first-half
Language, content and intellectual property technology specialist RWS Holdings reported a shrinking of first-half revenue and profit on Wednesday, but said it expected its full-year performance to align with market expectations despite certain challenges.
Good Energy invests a further £1.7m in Zapmap
Renewable electricity supplier and energy services provider Good Energy Group announced a further £1. 7m strategic investment in Zapmap on Wednesday, through a convertible loan note.
Octopus Renewables reports progress on several fronts
Octopus Renewables Infrastructure Trust announced a number of updates on its construction and development activities on Wednesday.
Equals Group shares drop as MDP backs out of takeover talks
The share price of payment platform developer Equals Group dived on Wednesday after potential buyer Madison Dearborn Partners (MDP) bowed out of drawn-out takeover talks that have been ongoing since November.
Balanced CPT still seeking shareholder feedback amid strategic review
Balanced Commercial Property Trust updated the market on its ongoing strategic review process on Wednesday, which it launched on 15 April.
Charles Stanley offloads 1.5m IQGeo shares
IQGeo Group updated the market on the recommended cash acquisition by Geologist Bidco (Bidco), a company wholly-owned by funds advised by Kohlberg Kravis Roberts (KKR), on Wednesday.
Distil returns to revenue growth, operating loss widens
Premium spirits company Distil reported a return to revenue growth in its final results for the year ended 31 March on Wednesday, although its operating loss widened.
Asia report: Markets mixed as investors digest regional inflation data
Markets across the Asia-Pacific region showed mixed performances on Wednesday, reflecting investor responses to varying inflation data from around the continent.
Corcel joint venture refused mining lease in Papua New Guinea
Shares in oil, gas and battery metals small cap Corcel tanked on Wednesday after the company announced that the Papua New Guinea government refused to grant a direct shipping ore mining lease for its part-owned Mambare nickel-cobalt project.
Jefferies trims price target, reiterates 'buy' on Whitbread
Jefferies has reiterated its ‘buy’ rating on Whitbread, on the back of the hospitality firm’s growth plans.
Canaccord Genuity moves GB Group to 'buy'
Analysts at Canaccord Genuity raised their target price on software firm GB Group from 375. 0p to 455. 0p and moved the stock from ‘speculative buy’ to ‘buy’ on Wednesday following its full-year results a day earlier.
UK rail regulator stops short of CMA referral for station catering
The UK rail regulator has recommended that catering outlets with leases due to expire should be put to competitive tender with simpler and standardised contracts introduced for new entrants, but stopped short of referring the industry to competition authorities.