Headline News
Chancellor unveils £40bn of tax rises in first Budget
Chancellor Rachel Reeves unveiled £40bn of tax rises on Wednesday, as she used her long-awaited first Budget to launch a scathing attack the previous government’s fiscal record.
US Q3 GDP growth steady at 2.8%
America's economy expanded at a steady clip during the third quarter on the back of robust consumer outlays.
Grafton takes over Spanish HVAC firm Salvador Escoda
Building materials distributor and retailer Grafton Group announced on Wednesday that it had completed the acquisition of Salvador Escoda, one of Spain’s biggest HVAC distributors, for a maximum consideration of €132m.
US private sector payroll growth rebounds in October
Private sector hiring in the States picked up in October notwithstanding hurricane recovery efforts, the results of a survey revealed.
Campari tumbles on Q3 results
Campari shares tumbled on Wednesday after the Italian drinks maker reported a drop in third-quarter profits.
Eurozone GDP surprises on the upside
Eurozone economic growth accelerated in the third quarter, official data showed on Wednesday, beating expectations.
Third-quarter numbers smash expectations at UBS
UBS posted better-than-expected quarterly numbers on Wednesday, after the Swiss bank benefited from a strong performance in the Americas and Asia and an ongoing cost-cutting programme.
German economy unexpectedly expands in Q3
The German economy unexpectedly expanded in the third quarter, avoiding a technical recession, according to figures released by Destatis on Wednesday.
Profits, sales plunge at Volkswagen
Profits tumbled at Volkswagen, the German manufacturer confirmed on Wednesday, dragged down by challenging market conditions and higher costs.
'No nuclear risk' from fire at BAE Systems shipyard
Shares in BAE Systems were in the red on Wednesday morning, as emergency services dealt with a fire at its Barrow-in-Furness nuclear submarine shipyard, briefly hospitalising two people and leading to the evacuation of the facility's main building, Devonshire Dock Hall.
Molten Ventures portfolio stable as new CEO takes reins
Molten Ventures announced a stable portfolio performance for its first half on Wednesday, tempered by currency headwinds and shifting leadership.
Glencore holds full-year production guidance
Glencore reported a mixed production performance for the first three quarters of the year on Wednesday, with copper, cobalt, zinc, and nickel output generally lower year-on-year, while steelmaking coal saw a significant increase.
CAB Payments still in talks with StoneX about possible takeover
Fintech firm CAB Payments said on Wednesday that it is still in talks with US payments firm StoneX about a possible takeover, as it updated on its third-quarter performance.
GSK maintains guidance after mixed third quarter
GSK reported a mixed third-quarter performance on Wednesday, with a notable boost from specialty medicines helping to offset weaker sales in vaccines.
Aston Martin Q3 loss smaller than expected, FY guidance backed
Aston Martin Lagonda backed its full-year outlook on Wednesday as it reported a smaller-than-expected third-quarter loss.
Next boosts outlook on bumper third quarter
Next lifted its guidance for both the crucial fourth quarter and the full year on Wednesday, after the recent cold snap caused sales to surge.