Market Pulse
Numis first half revenue grows despite market volatility
Numis Corporation posted a rise in pre-tax profit for the year as the broker’s revenue reached record levels.
Sweett Group posts wider interim loss as it admits to bribery
Infrastructure and project management company Sweett Group said it has admitted to an offence under the UK Bribery Act for which it expects to pay a fine, as it posted a wider pre-tax loss for the first half.
Asia: Equities waver as Chinese markets gain and Aussie dollar surges
Asian equity markets were mixed on Wednesday, as Chinese stocks gained but failed to generate any momentum across the region.
Zuckerberg to donate 99% of Facebook shares to new initiative
Facebook founder Mark Zuckerberg and his wife Priscilla Chan will donate 99% of their shares in the social network to a new initiative which aims to “advance human potential” and promote equality for children.
MX Oil makes Mexico's bid shortlist for new onshore licences
MX Oil and its local partner have been included on Mexico's bidding shortlist for new oil exploration licences as December sees the country continue opening up itsoil industry to foreign investors for the first time in nearly 80 years.
Fed should be careful about hiking rates, says Brainard
The Federal Reserve could face limits to its capacity to tighten monetary policy while other central banks implement fresh stimulus measures, a top Fed official said on Tuesday.
Zoopla Property zigzags after solid final results
Zoopla Property Group said it was continuing to fight back against increasing competition for its website, after losing more than a fifth of its estate agency partners to new rival OnTheMarket. com during the year.
Credit Suisse cuts global equity weightings to most cautious stance since 2008
Credit Suisse has cut its global equity weightings to its most cautious strategic stance since 2008.
AstraZeneca rallies on double upgrade from Morgan Stanley
Pharmaceutical stocks got a boost on Wednesday as Morgan Stanley double upgraded AstraZeneca to ‘overweight’ from ‘underweight’ and said it was among its top picks.
Volkswagen said to agree terms of €20bn bridge loan
Volkswagen has reportedly reached an agreement with banks on the terms of a planned €20bn (£14bn) bridge loan to help the car maker take on the costs of its emissions scandal.
Eurozone inflation unexpectedly holds steady November
Eurozone inflation rose 0. 1% in the year to November, unchanged from the previous month, according to the 'flash' estimate from Eurostat on Wednesday.
Buy-to-let housing market in BoE's sights, says deputy governor
The Bank of England is monitoring the rapid growth of Britain's "buy-to-let" property market, the central bank's deputy governor said on Wednesday.
Tricorn warns of tough second half ahead
Shares in Tricorn Group slumped over 9% early on Wednesday, after the pipe manufacturer warned a slowdown in key markets would affect its results in the second half.
Oilex begins talks with Zeta in effort to avoid Australian legal battle
AIM-listed Oilex has begun discussions with shareholder Zeta Resources to find a commercial resolution to a legal dispute that will otherwise head to the Australian federal courts in coming weeks.
Burford Capital backs lawsuit against Volkswagen
Burford Capital has announced it is giving additional funding to law firm Hausfeld to take on Volkswagen AG after the emissions scandal.
Plant Health Care expands US distribution arrangements
Plant Health Care has extended and expanded its distribution agreement with US agri-chemicals partner Sym-Agro.
UK construction PMI hits seven-month low in November
The UK construction sector hit a seven-month low in November, figures released on Wednesday showed.
De La Rue cuts banknote printing capacity
De La Rue plans to reduce its banknote printing capacity from 8bn banknotes per year to 6bn as it looks to save costs and bring production in line with current market demand.
Telford Homes interim profit surges on London demand
London-focused property developer Telford Homes said its interim pre-tax profit doubled on the back of strong demand in the London property market.
London open: Stocks gain ahead of Eurozone CPI
UK stocks gained on Wednesday morning ahead of the release of Eurozone data which is expected to show an improvement in inflation.