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Honda and Nissan exploring mega merger amid EV uncertainty - report
Japanese car giants Honda Motor Co and Nissan Motor Co are exploring a potential merger, it was widely reported on Wednesday.
UK house prices push higher while rents rocket - ONS
UK house prices sparked in October, government data showed on Wednesday, as the market continued to strengthen, while average rents surged by more than 9%.
Zizzi owner Azzurri gives confident outlook as annual sales jump
Zizzi and ASK Italian owner Azzurri Investment Group has pledged to open more restaurants in the coming years despite the ongoing challenges in the UK's hospitality sector, as it reported an 18% jump in annual sales.
Europe midday: Shares rally with Fed in view
European shares rallied on Wednesday as investors awaited the outcome of the Federal Reserve policy meeting and also assessed news of a potential tie-up between two of Japan’s best known auto makers Honda and Nissan.
Artisanal Spirits on track to meet FY earnings guidance
Drinks maker The Artisanal Spirits Group said on Wednesday that it was on track to meet FY24 underlying earnings guidance despite "ongoing challenging trading conditions" in certain markets.
London midday: FTSE maintains gains after UK inflation, ahead of Fed
London stocks were still firmer by midday on Wednesday as in-line UK inflation data added to expectations the Bank of England will hold rates this week, and as investors eyed a policy announcement from the Federal Reserve.
Shoe Zone cites Budget changes as it warns on profits, shares tank
Shoe Zone warned on profits on Wednesday and said it would be forced to close some stores due to changes announced in the Budget, sending shares in the retailer tumbling.
UniCredit ups stake in Commerzbank again as takeover speculation builds
Italian banking group UniCredit has upped its stake in German peer Commerzbank to 28% and is seeking a further investment that will take its holding to just below the threshold that requires a mandatory takeover offer.
Metals One announces drilling results from Rana Project
Metals One, a company advancing strategic mineral projects in Norway and Finland, announced positive drilling results from its Råna Project in Norway on Wednesday, operated by Kingsrose Mining.
Provexis announces purchase of additional Fruitflow inventory
Provexis, the developer and licensor of the ‘Fruitflow’ heart-health functional food ingredient, announced the purchase of additional Fruitflow II SD inventory from dsm-firmenich to meet growing demand on Wednesday.
Amazon reportedly settles with UK drivers over self-employment dispute
Amazon has reached a settlement with thousands of UK delivery drivers, it emerged on Wednesday, who claimed the company deprived them of fair compensation by misclassifying them as self-employed.
Zotefoams halts investment in new tech, shares fall
Zotefoams announced it was halting investment in a new product on Wednesday, after the packaging specialist failed to secure a partner for the project.
Westminster Group confident despite tougher economic conditions
Security solutions provider Westminster Group reported a positive outlook and ongoing progress across its operations in an update on Wednesday.
Eurozone Nov CPI revised down to 2.2%
Eurozone inflation was revised downward slightly to 2. 2% in November from 2. 3%, according to final figures published on Wednesday.
IntegraFin flags higher costs and lower fees, shares tumble
Shares in IntegraFin were sliding on Wednesday morning, after the operator of the 'Transact' investment platform reported a robust full-year financial performance, but flagged rising costs and lower fees for some of its services going forward.
UK inflation pushes higher to reach 2.6%
UK inflation reached 2. 6% in November, official data showed on Wednesday, the second consecutive monthly rise.
Volkswagen buys stake in Canadian lithium supplier Patriot
Volkswagen Group has purchased a 9. 9% stake in Canadian lithium exploration company Patriot Battery Metals, which it says is a "significant milestone" in the manufacturer's journey to becoming fully electric.
Jefferies hikes price target on BA and Iberia owner IAG
Jefferies hiked its price target on BA and Iberia owner IAG on Wednesday to 350p from 270p saying it expects the fourth quarter to deliver similar trends to Q3, driving confidence in the short-term macro and travel environment.
Windar Photonics secures 'significant order'
Technology firm Windar Photonics has secured a "significant order" for a total value of $2. 5m for delivery to the US market in the first half of 2025.
Digitalbox acquires EastEnders fan platform Walford News
Mobile-focussed digital media company Digitalbox announced the acquisition of Walford News, a platform dedicated to news, gossip, and spoilers about the UK soap opera EastEnders, on Wednesday.