Market Pulse
London close: Stocks edge lower despite China CPI, oil price recovery
London stocks finished slightly lower on Wednesday despite data showing an improvement in Chinese inflation and a bounce in oil prices.
Asia: Equities on the back foot despite positive data in China and Japan
Asian stocks declined for a second consecutive day on Wednesday, despite better-than-expected economic data from Japan and China.
US close: Stocks finish lower as oil prices continue to slide
US equities finished Wednesday's session lower as the slump in oil prices continued to weigh on sentiment.
Commodities: Oil tumbles, metal futures see further upticks
Metal futures saw further upticks on Wednesday, over a less volatile session despite unconvincing macroeconomic data but oil benchmarks continued to slide further.
Sector movers: Resource stocks recover from previous lows
Resource stocks recovered on Wednesday in tandem with an uptick in metal prices, while oil futures tumbled lower still.
FX Roundup: Dollar sheds froth against major crosses
The dollar lost momentum on Wednesday after inventories in the US suffered an unexpected decline in October.
Europe close: Stocks end choppy session lower after German data disappoints
European equities eked mustered a late rally but ended a choppy session in the red, as investors mulled over disappointing German data and more signs that China’s economy is flagging.
Co-op in the dog house over radio ad
The UK's fifth largest supermarket chain was rapped on the knuckles on Wednesday, over a radio advertisement for an alcohol sale.
EU referendum could hurt Britain's property market, says Savills
The uncertainty surrounding Britain’s membership of the European Union could be a threat to the British property market next year, according to a property group.
Entertainment One chief attempts to get company out of the mud
In a bid to turn a sow’s ear into a silk purse, Entertainment One's chief executive is doing his bit to help the share price rebound.
Insiders in the US aggressively ramp up selling, Trim Tabs says
One of the most widely-followed trends by equity investors to help inform their decisions is now flashing a “cautionary long-term signal” for Wall Street, according to new research from Trim Tabs.
Anglo American slumps again; Jefferies says equity issuance may still be needed
Shares in miner Anglo American skidded for the second day in a row after it said on Tuesday that it plans to scrap its dividend for this year and the next and axe jobs amid a “radical” portfolio restructuring to combat falling commodity prices.
Volkswagen says CO2 emissions scandal affects only 36,000 vehicles
Volkswagen said on Wednesday that only about 36,000 vehicles are likely to have been affected by the CO2 emissions scandal, a much lower figure than the 800,000 initially suspected.
Yahoo abandons plan to spin off Alibaba stake
Yahoo! Inc. confirmed that it has decided to suspend work on its pending plan to spin off the company’s remaining holdings in Alibaba Group due to tax concerns.
FCA says wealth managers still failing clients
The Financial Conduct Authority said some wealth managers and private banks need to make substantial improvements in client information practices as well as ensuring the portfolios they manage truly reflect the needs and risk appetite of their customers.
FTSE 250 movers: Stagecoach drives the market down as Paris attacks hit demand
The FTSE 250 continued to slump on Tuesday, with the second tier market down 45. 21 points (0. 26%) to 17,146. 69 by mid-afternoon Wednesday.
US wholesale inventories decline unexpectedly in October
Wholesale inventories in the US suffered an unexpected decline in October, figures released on Wednesday showed.
Fresnillo not suspending operations at Saucito mine
Fresnillo said operations at its Saucito mine in Mexico will not be suspended after a pipeline burst over the weekend.
New EU copyright rules could ban geo-blocking
Brits abroad may soon be able to enjoy Nextflix, BBC's iPlayer and other on-demand services such as Sky Go, if new proposals laid out by the European Commission on Wednesday are approved.
Results round-up
The numbers were looking good at fine-arts trader Scholium Group in its interim report on Wednesday, despite cashed-up foreign customers shying away due to global instability.