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Thursday preview: BoE rate decision, BAE Systems in focus
Investors' focus on Thursday will be squarely on an anticipated interest rate reduction by the Bank of England.
Europe close: Italian and Spanish issues drag
European shares ended Wednesday's session on a mixed note as investors digested an unexpected rise in eurozone inflation and looked ahead to rate decisions from the US and UK amid another dump of corporate earnings.
Broker tips: Diageo, LondonMetric, Spectris
Diageo's stock was attempting a rebound on Wednesday after a sell-off the previous session as its full-year results disappointed, but that didn't stop Citi from reiterating its 'buy' recommendation on the stock.
London close: Stocks finish higher as miners pace gains
London's stock markets ended the day with strong gains on Wednesday, driven by robust performances in the mining and energy sectors.
FTSE 100 movers: Miners rally on higher copper prices; GSK in the red
London’s FTSE 100 was up 1% at 8,355. 83 in afternoon trade on Wednesday.
Director dealings: Hercules Site Services CFO snaps up shares
Hercules Site Services revealed on Wednesday that chief financial officer Paul Wheatcroft had acquired 24,000 ordinary shares in the AIM-listed tech-enabled labour supplier to the UK infrastructure sector.
US pending home sales rise for first time in three months
US pending home sales rose in June for the first time in the last three months, according to the National Association of Realtors, driven by an improvement in supply and a slight moderation in mortgage rates.
US open: Major indices trade higher ahead of Fed interest rate decision
Major indices were in the green early on Wednesday as investors awaited the outcome of the Federal Reserve Bank's latest interest rate policy meeting.
HSBC unveils $3bn buyback as profits rise in CEO Quinn's last results
HSBC on Wednesday said it would start a $3bn share buyback after the Asia-focused bank reported estimate-busting interim profits in its final set of results under chief executive Noel Quinn.
Chicago PMI falls from seven-month high in July
The Chicago purchasing managers index fell to 45. 3 in July, according to the Institute for Supply Management.
Boeing posts wider-than-expected loss, names new CEO
Boeing reported a wider-than-expected loss for its second quarter on Wednesday, as ongoing challenges in both its commercial and defence divisions led to weaker-than-anticipated financial results.
US private sector employment rises less than expected
Private sector employment in the US rose less than expected in July, according to figures released on Wednesday by ADP.
US mortgage applications register steepest decline in nearly two months
US mortgage applications fell 3. 9% in the fourth week of July, according to the Mortgage Bankers Association, extending the prior week's 2. 2% drop to record the steepest weekly decline in almost two months.
US pre-open: Futures higher ahead of Fed decision
Wall Street futures were in the green ahead of the bell on Wednesday as investors await the outcome of the Federal Reserve Bank's latest interest rate policy meeting.
Airbus profits slump on massive space business writedown
European plane maker Airbus reported a steep fall in second-quarter profit after a massive write down of its space business of almost €1bn.
Citi upgrades LondonMetric to 'buy'
Citi upgraded LondonMetric on Wednesday to ‘buy’ from ‘neutral’ as it said cyclical growth and structural expertise was undervalued.
Reach shares jump as job cuts, Euros, Taylor Swift tour boost profits
Shares in Daily Mirror publisher Reach jumped on Wednesday as the company said it was on track to meet annual guidance after the European football championship, Taylor Swift’s Eras Tour and the UK General Election boosted advertising revenues.
Oncology revenue drives first-half growth for Hutchmed
Hutchmed China reported a robust set of first-half financial results on Wednesday, underpinned by significant growth in oncology product revenue and a solid cash position to support ongoing expansion.
Greatland Gold reports recent progress at Havieron
Greatland Gold reported significant progress in the development of its Havieron project during the June quarter on Wednesday, alongside outlining an extensive exploration program for the 2025 financial year.