Market Pulse
FTSE 100 movers: Glencore surges on refinancing, Anglo jumps as brokers hail overhaul
London’s FTSE 100 was up 2% to 5,978. 28 at 1407 GMT, with commodity stocks pacing the advance.
Trinity Mirror said to unveil new weekday tabloid
Trinity Mirror, publisher of the Daily Mirror, will reportedly unveil a weekday tabloid called New Day this month.
Tensions rise in South China Sea after Beijing missile deployment
Tensions rose in the South China Sea on Wednesday after satellite images surfaced which appeared to show that the People’s Republic of China had deployed two batteries of surface-to-air missiles and a radar system to the disputed Woody island, or Yongxing in Chinese.
Apple refuses to unlock San Bernadino attacker's iPhone
Apple was doing its best to uphold its image of security on Wednesday, announcing it would contest a court order to help investigators access data on the iPhone belonging to San Bernadino attacker Syen Rizwan Farook.
Mirada commercially launches TV platform in Mexico
Mirada's over-the-top (OTT) content solution for smart television received a boost on Wednesday, with the company commercially launching its platform in Mexico, with Tier 1 provider izzi Telecom.
Thursday preview: BAE Systems and Centrica report full year results
BAE Systems and Centrica are expected to report declines in full year profits on Thursday.
US housing starts unexpectedly fall in January
Activity in the US housing sector cooled more than expected at the start of the year.
US factory gate prices unexpectedly rise in January
Factory gate prices edged higher in January on the back of gains in food prices, coming in above analysts' forecasts.
Bombardier to cut 7,000 jobs in Canada and Europe
Bombardier, the Canadian aerospace and rail equipment maker with operations in Burton on Trent, Crewe, Derby and Plymouth, has said it will slash around 7,000 jobs from its workforce over the next two years.
US pre-open: Fed's Bullard, FOMC minutes ahead
Wall Street was set for a higher start on Wednesday, as traders waited on the latest government figures on the state of the housing market and a speech from the president of the St. Louis Fed, James Bullard, a ‘well-known’ interest rate hawk.
Metminco begins diamond drilling at Los Calatos
AIM-listed exploration and mining company Metminco has begun diamond drilling at the TD2 target copper deposit in Los Calatos, southern Peru.
MTI Wireless Edge sees growth skyrocket
MTI Wireless Edge was riding the cable-free revolution in 2015, reporting some seriously good results for the 12 months to 31 December, on Wednesday.
Stellar Diamonds receives tentative approval for Tongo Dyke-1
Stellar Diamonds announced the completion of a major step in Sierra Leone on Wednesday, having received a letter of approval from the country's Environmental Protection Agency (EPA) for its mining licence application at the Tongo Dyke-1 project.
Plus500 earnings fall offset by growing customer numbers
Contracts-for-difference trading platform Plus500 reported a drop in earnings for 2015, although the decline was less steep than it had expected as additional marketing and regulatory costs were partly mitigated by customer growth.
Wednesday newspaper share tips: Anglo American, Spectris
Some of Anglo American’s moves to right its financials smacked of panic, but there were deeper problems at the mining group, the Financial Times’s Lex column said.
Lower oil prices push revenues down at Avingtrans
Low oil prices made for a tougher first half at Avingtrans, with revenues down in the six months to 30 November, but profit up significantly.
Anglo American surges as Deutsche and Credit Suisse hail overhaul
Anglo American surged as Deutsche Bank and Credit Suisse lifted their target prices on the stock following the company’s full year results.
Oil futures drift lower ahead of meeting between Iraq and Iran
Crude oil futures recouped some of the previous day's losses in volatile trading on Wednesday, ahead of a meeting of energy ministers from Iraq, Iran and Venezuela scheduled for later in the day to try and agree on a freeze of their levels of crude oil production.
Europe midday: Stocks extend gains as oil prices recover
European stocks pushed higher on Wednesday, extending earlier gains as oil prices recovered and investors sifted through some well-received corporate news.
London midday: Stocks rally after mixed UK jobs report
UK stocks rallied on Wednesday as oil prices recovered and as investors weighed mixed jobs data.