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London midday: Stocks maintain gains after UK inflation; Playtech surges
London stocks were still firmer by midday on Wednesday as the latest UK inflation data boosted rate cut expectations.
Playtech in talks to sell Italian unit Snaitech to Flutter, shares surge
Playtech surged on Wednesday after confirming it is in talks with Flutter Entertainment about the possible sale of its Italian business, Snaitech.
Berenberg lowers target price on Synthomer
Analysts at Berenberg lowered their target price on chemicals company Synthomer from 375. 0p to 340. 0p on Wednesday after the group's interim earnings "delivered both grounds for hope and reasons for caution".
Silverbullet reports big advancements for 4D AI product
Digital transformation specialist Silverbullet announced significant advancements for its 4D AI contextual marketing product on Wednesday, through two major integration contracts.
Versarien enters community building printing contract
Advanced materials engineering company Versarien has entered into a contract with Building For Humanity CIC, it announced on Wednesday, to serve as a 'print partner' for the Charter Street project in Accrington, Lancashire.
Secure Trust Bank reports solid first-half growth
Secure Trust Bank reported a solid set of first-half financial results on Wednesday, with a 14% increase in profit before tax to £17. 1m, up from £15m in the same period last year.
Eqtec settlement with Logik moves closer to completing
Waste-to-value technology specialist Eqtec updated the market on its settlement agreement with Logik Developments and its subsidiary Logik WTE on Wednesday.
Distil exploring funding options, downgrades FY outlook
Distil downgraded its full-year outlook on Wednesday as it reported a slump in revenues and said it was "exploring funding options".
Asia report: Most markets rise after surprise RBNZ rate cut
Asia-Pacific markets mostly gained on Wednesday, following key economic developments including a surprise rate cut from the Reserve Bank of New Zealand.
UK house prices rise 2.7pc in June
UK house prices jumped 2. 7% in June, according to the Office for National Statistics, unchanged from the prior month's revised estimate.
Capital sells entire shareholding in Predictive Discovery
Mining services company Capital Limited announced the sale of its entire shareholding in Predictive Discovery (PDI) on Wednesday, to Perseus Mining for a total cash consideration of AUD 47. 3m (£24. 42m).
Kenmare Resources confident despite slide in revenue, earnings
Titanium and zircon producer Kenmare Resources reported a 33% year-on-year decline in first-half revenue on Wednesday, to $154. 5m.
Molten Ventures recent exits total £124m, nears FY target
Venture capital firm Molten Ventures said on Wednesday that recent exits had totalled £124. 0m, meaning the group has now almost reached its annual target.
Revenue and earnings fall for Ultimate Products
Homeware company Ultimate Products reported a 6. 5% decrease in unaudited group revenue in an update on Wednesday, to £155. 5m for the financial year just ended, from £166. 3m a year earlier.
Amaroq reports solid second-quarter operational performance
Greenland-focussed mine developer Amaroq Minerals reported liquidity of $62. 2m in its second quarter results on Wednesday, including cash balances and undrawn credit facilities, down from $96. 3m at the end of the first quarter.
Aviva H1 profits surge
Insurance firm Aviva said on Wednesday that profits had surged in the six months ended 30 June on the back of an increase in written premiums throughout the period.
London open: Stocks gain after UK inflation data; Flutter surges
London stocks rose in early trade on Wednesday as the latest UK inflation data boosted rate cut expectations.
Europe open: Shares up as UK inflation rise boosts rate cut hopes
European shares started the day higher as investors digested a rise in UK inflation and the surprise resignation of Japanese Prime Minister Fumio Kishida.
Hammerson refinances debt on large Dublin shopping centre
Hammerson, in partnership with PIMCO Prime Real Estate, has successfully secured a €350m non-recourse term loan to refinance the existing debt on Dundrum Town Centre in Dublin.
Tui Q3 profits beat forecasts on strong demand, collapse of FTI
Holiday company Tui on Wednesday posted better-than-expected third-quarter earnings on the back of strong summer demand and the collapse of German rival FTI.