Market Pulse
US ISM non-manufacturing index hits three-month high in October
Activity in the US services sector rose to its highest level in three months in October, figures released on Wednesday showed.
FTSE 100 movers: Miners lead market on back of Chinese data
The FTSE 100 had a strong start to the day on Wednesday, up 48. 94 points (0. 77%) to 6,432. 55 by mid-afternoon.
Thursday preview: BoE announces policy decision, releases Inflation Report
The Bank of England’s Quarterly Inflation Report will be the centre of attention on Thursday while the central bank also releases its latest policy decision.
UK government holding back on sale of more RBS shares, reports say
The British government is reportedly considering waiting to sell more Royal Bank of Scotland shares until next year after UK lenders reported weaker-than-expected third quarter earnings. withholding .
US open: Stocks struggle for direction after raft of economic data
US equities moved in tight ranges early on Wednesday, as investors analysed a number of important economic reports.
Magnolia Petroleum begins drilling programme in Oklahoma
AIM-listed oil and gas exploration and production company Magnolia Petroleum has begun a 10-well drilling programme in Oklahoma, US.
Quindell completes Canadian physiotherapy purchase
Quindell has completed the acquisition of Canadian physiotherapy and rehabilitation services provider PT Healthcare Solutions, in exchange for new shares.
Galasys lands in legal labyrinth with ex-directors
AIM-listed Galasys, a provider of ticketing technology to theme parks in Asia, has been taken to court by two former directors who object to having been removed from the board last month.
SocGen downgrades Whitbread as it highlights competition from Airbnb
Societe Generale downgraded Costa and Premier Inn owner Whitbread to ‘hold’ from ‘buy’ and cut its price target to 5,220p from 5,343p as it took a look at the impact of Airbnb on the company’s markets.
ADP payrolls add more jobs than expected in October
The US private sector generated slightly more jobs than expected last month, data released on Wednesday showed.
Wednesday newspaper share tips: Take a long drag of Imperial Tobacco
It isn’t time to kick the habit yet when it comes to Imperial Tobacco Group, The Times’ Tempus said on Wednesday.
US mortgage applications decline in week to 30 October, MBA saya
Applications for US home mortgages declined as mortgage interest rates rose to their highest level in a month, data released on Wednesday showed.
Huawei becomes second biggest Android brand in Europe
Huawei has jumped ahead of Sony, HTC and Motorola to become the second biggest Android brand in Europe.
Restore to buy Wincanton records management business for GBP55.7m
Office services provider Restore has agreed to buy the records management business of Wincanton for £55. 7m, part of which will be funded through a share placing.
Forbidden Technologies inks deal with US-based TV producer
Forbidden Technologies has won its first major US broadcast deal, providing its cloud-based video platform to US television production group Leftfield Entertainment, maker of such programmes as Pawn Stars and the Real Housewives of New Jersey.
ImmuPharma's Lupuzor trial on track for 2017 completion
ImmuPharma has reached a number of important milestones in the phase three clinical trial of Lupuzor.
US pre-open: Futures edge higher ahead of Yellen's speech and Facebook earnings
US stock futures edged slightly higher on Wednesday, as investors waited to see whether a speech from Federal Reserve chairwoman Janet Yellen would shed light over the timing of an interest rate hike.
Fevertree says full year results to be 'materially ahead' of expectations
Fevertree Drinks said its full year results are likely to be "materially ahead” of its expectations after a solid second half.
London midday: Positive UK and China services PMI boost equities
London stocks jumped after UK and China services data showed accelerated growth in sector activity.
Europe midday: Stocks rise but DAX underperforms as VW emissions scandal widens
Most European stocks rose on Wednesday, with sentiment underpinned by the latest comments from European Central Bank chief Mario Draghi, although German markets underperformed as Volkswagen skidded.