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Liontrust slips into the red after tough year, but paints upbeat picture
Asset manager Liontrust swung to a small loss in the year ended 31 March after seeing net outflows of more than £6bn due to an adverse trading environment, but said it's starting to see signs of a recovery.
Europe open: Shares up ahead of US data; Eyes on VW's $5bn electric venture
European stocks opened higher on Wednesday as investors awaited US inflation data later in the week and digested Volkswagen's $5bn investment in US electric car maker Rivian.
Drax sells meter point assets
Drax said it was selling up to 90,000 small & medium-sized (SME) customer meter points from Opus Energy Group to EDF Energy Customers Limited for an undisclosed sum.
German sentiment unexpectedly dips as recovery stalls
A closely followed gauge of consumer sentiment in Germany unexpectedly fell further into negative territory, declining for the first time in five months.
Berenberg says markets wrong to price in continued fall in demand at Whitbread
Analysts at Berenberg kept their recommendation for Whitbread at 'buy', arguing that markets were wrong to price in a continued drop in demand.
London pre-open: Stocks seen up after Nasdaq rally
London stocks were set to gain at the open on Wednesday following a rally in US tech stocks overnight.
Anglo's De Beers warns of "protracted" demand recovery as sales fall
Anglo American has reported another dip in rough diamond sales from De Beers as it warned of a "protracted" recovery in demand.
Phoenix looking to sell SunLife, Anglo American reports another De Beers sales dip
London open The FTSE 100 is expected to open 27 points higher on Wednesday, having closed down 0. 41% on Tuesday at 8,247. 79.
Wednesday newspaper round-up: Post Office, Aston Martin, Stellantis UK
The UK needs a system for recording misuse and malfunctions in artificial intelligence or ministers risk being unaware of alarming incidents involving the technology, according to a report. The next government should create a system for logging incidents involving AI in public services and should consider building a central hub for collating AI-related episodes across the UK, said the Centre for Long-Term Resilience (CLTR), a thinktank. – Guardian.
Phoenix Group looks to offload SunLife business
Insurance and pensions group Phoenix on Wednesday said it was looking to offload its SunLife business after deciding it was no longer core to operations.