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National Amusements tentatively agrees Paramount deal - reports
Shares in Paramount Global surged on Wednesday, on reports National Amusements has struck a tentative deal to sell its controlling stake in the US entertainment giant.
Berenberg remains cautious on Direct Line
Analysts at Berenberg slightly lowered their target price on insurer Direct Line from 220. 0p to 215. 0p on Wednesday as it said the risk of the stock "disappointing" was now rising.
Europe midday: Stoxx up with all eyes on French, UK elections
European stocks were higher on Wednesday amid hopes that a cut in US interest rates was in sight, while investors also eyed national elections in the UK on Thursday and France on the weekend.
Wizz Air president departs airline
The president of Wizz Air Holdings has left the budget airline, it was confirmed on Wednesday, prompting a shake-up of senior management.
US pre-open: Futures little changed following yesterday's gains
Wall Street futures were little changed ahead of the bell on Wednesday as traders prepare for the 4th of July break.
Europe open: Shares up on rate hopes; Eyes on UK, French votes
European stocks opened higher on Wednesday amid hopes that a cut in US interest rates was in sight, while investors also eyed national elections in the UK on Thursday and France on the weekend.
London midday: FTSE maintains gains on US rate cut optimism
London stocks were still higher by midday on Wednesday as US rate cut hopes boosted sentiment.
Election uncertainty weighs on UK service sector - PMI
The pace of growth in the UK service sector softened in June, a closely-watched survey showed on Wednesday, weighed down by the forthcoming general election.
Citi upgrades Diageo to ‘buy’, points to ‘cocktail of opportunities’
Citi upgraded Diageo to ‘buy’ on Wednesday and lifted the price target to 3,000p from 2,825p as it pointed to "a cocktail of opportunities".
Economic growth softens in Eurozone - PMI
Growth in the Eurozone softened in June, a closely-watched survey showed on Wednesday, as a resurgent services sector failed to offset the slump in manufacturing.
Asia report: Markets mixed on China, Japan service sector data
Asia-Pacific markets saw mixed performances on Wednesday, as investors evaluated a variety of business activity data from the region.
Equals Group H1 revenues grow YOY
Fintech payments group Equals said on Wednesday that interim revenues had improved.
Capricorn Energy on track to meet midpoint of current FY guidance
Exploration and development firm Capricorn Energy said on Wednesday that it was on track to meet the midpoint of current guidance as consistent payments continued throughout its Egyptian operations.
Keywords Studios to be taken over by EQT in £2.1bn deal
AIM-listed Keywords Studios said on Wednesday that it has agreed to be taken over by European private equity firm EQT in a £2. 1bn deal.
Baltic Classifieds Group reports strong full-year performance
Baltic Classifieds Group reported a strong full-year performance across its business lines on Wednesday.
GSK restructures vaccine collaboration with CureVac
GSK announced on Wednesday that it has restructured its collaboration with CureVac into a new licensing agreement, granting GSK exclusive rights to develop, manufacture, and globally commercialise mRNA-based candidate vaccines for influenza and Covid-19.
Oil production begins at Kosmos Energy's Winterfell development
Upstream oil company Kosmos Energy announced the successful start-up of oil production at the Winterfell development in the Gulf of Mexico.
Cairn reaffirms outlook on strong first half
Cairn Homes reiterated its full-year outlook on Wednesday, after interim revenues surged on the back of bumper demand.
Morgan Stanley downgrades 3i Group after strong run
Morgan Stanley downgraded 3i Group on Wednesday ‘equalweight’ from ‘overweight’ and cut the price target to 3,192p from 3,246p as it said the risk/reward is more balanced after a strong run.
London open: FTSE gains on US rate cut hopes
London stocks rose in early trade on Wednesday, taking their cue from a positive close on Wall Street amid US rate cut hopes.