Latest News
Harland & Wolff brands articles regarding EDG application 'speculative and misleading'
Shipbuilding firm Harland & Wolff said on Wednesday that it considers recent articles regarding its £200. 0m Export Development Guarantee application both "speculative and misleading".
US pre-open: Futures lower following Dow's big session
Wall Street futures were in the red ahead of the bell on Wednesday following big gains for the blue-chip Dow Jones in the previous session.
CVC eyes up possible Telegraph bid - report
Private equity giant CVC is running a slide rule over The Telegraph, it was reported on Wednesday, the latest potential bidder to show an interest in the UK newspaper.
Adidas lifts full-year guidance, shares bounce
Shares in Adidas sparked on Wednesday, after the German firm boosted full-year guidance for the second time in three months.
London midday: Stocks steady as investors mull inflation reading
London stocks were flat by midday on Wednesday as UK inflation fell a touch less than expected and services inflation remained sticky, dampening hopes of a rate cut in August.
Brooks Macdonald ends fourth quarter in line with guidance
Brooks Macdonald Group reported a 7% increase in funds under management over its financial year in an update on Wednesday, reaching £18bn, with full-year results expected to align with market expectations.
Europe midday: Shares lower as EZ inflation falls; Accelleron spikes on guidance
European shares opened lower on Wednesday as investors digested the latest UK inflation figures which came in slightly higher than forecast, dampening hopes of a rate cut from the Bank of England, while shares in Danish hearing aid company Demant tanked after a profit warning.
UK house price growth accelerates, rent inflation stays elevated
The annual increase in UK house prices accelerated sharply in May, while rent inflation stayed close to multi-year highs, according to the latest data released on Wednesday by the Office for National Statistics.
Cohort FY profits, revenues grow to record levels
Defence contractor Cohort said on Wednesday that both profits and revenues had grown to record levels in the year ended 30 April.
EZ June inflation confirmed at 2.5%
Inflation in the eurozone fell to 2. 5% in June from 2. 6% in May, in line with the flash estimate published on July 2, according to official data published on Wednesday.
Oxford Biomedica appoints new finance chief
Cell and gene therapy contract development and manufacturing organisation (CDMO) Oxford Biomedica announced the appointment of Lucinda ‘Lucy’ Crabtree as its new chief financial officer and a member of the board on Wednesday.
UK inflation holds steady at 2%
UK inflation was unchanged in June, official data showed on Wednesday, in line with the Bank of England’s target.
Niox revenue, earnings grow in H1
Medical devices business Niox said on Wednesday that both revenues and underlying earnings had grown in the six months ended 30 June.
Pernod Ricard to sell international wine brands to Accolade Wines owner
Pernod Ricard said on Wednesday that it has agreed to sell its international strategic wine brands to Australian Wine Holdco Limited (AWL), a consortium of international institutional investors and owner of Accolade Wines.
Asia report: Markets mixed as Japan manufacturing confidence rises
Asia-Pacific markets displayed a mixed performance on Wednesday, with Australia's benchmark surging to an all-time high, buoyed by strong performances in several key sectors.
Body Shop to be bought out of administration
A consortium backed by British tycoon Mike Jatania has agreed to buy The Body Shop International out of administration, it was announced on Wednesday.
VF offloads Supreme to EssilorLuxottica for $1.5bn
Vans, Timberland and North Face owner VF Corp is selling Supreme to EssilorLuxottica for $1. 5bn, just four years after the apparel conglomerate bought the streetwear brand for $2. 1bn.
Kenmare reports decent half-year production figures
Titanium and zircon producer Kenmare Resources updated the market on operations at the Moma Titanium Minerals Mine in northern Mozambique on Wednesday, reporting significant year-on-year improvements in a number of key metrics.
Helical reports solid development and letting progress
Helical updated the market on its recent trading on Wednesday, reporting significant advancements in its development projects, lettings, sales, and financial performance.
RBC cuts Legal & General to 'sector perform'
RBC Capital Markets has downgraded Legal & General from 'outperform' to 'sector perform', saying that the pension risk transfer (PRT) market has "los[t] some of its lustre".