Market Pulse
Credit Suisse accelerates cost and job cuts
Credit Suisse has announced plans to cut 2,000 jobs in its global markets business and ramp up its cost cuts as it combats low interest rates and oil prices and a slowdown in China.
London open: Stocks rebound after Brussels terrorist attacks
London stocks rebounded on Wednesday from declines in the previous session when terrorist attacks in Brussels rocked the market.
Sky invests in new TV production company
Sky has taken a minority stake in Sugar Films, a new independent production company founded by a group of senior television professionals, alongside Discovery Channel president Mark Hollinger, who has also invested in the company and will become chairman.
DFS first half earnings rise, dividend lifted
DFS Furniture reported a 12. 3% rise in first half core earnings as sales grew and the retailer hiked its dividend.
Kier Group awarded East Midlands highways contract
Another Highways England contract went Kier Group’s way on Wednesday, with the firm being selected by the government-owned roads operator as the preferred supplier for design services in 'Area 7', covering the East Midlands.
Phoenix Group hits cash generation target, misses on profit
Britain’s largest closed-life fund consolidator Phoenix Group Holdings said on Wednesday that profits declined in 2015, though it did meet its cash generation target for the year.
Wizz Air flying through strong fourth quarter
Low-cost carrier Wizz Air was eyeing up a solid end to the financial year on Wednesday, with the Hungarian company claiming the strong performance seen in the first nine months had continued into the final quarter.
London pre-open: Stocks seen lower as investors continue to digest Brussels attacks
London stocks were set to open lower on Tuesday following a mostly negative session in Asia as investors continue to digest the terror attacks in Brussels.
National Grid picks up HS1's Nicola Shaw
National Grid announced its new UK Executive Director on Wednesday, appointing High Speed 1’s Nicola Shaw to the role.
Wednesday newspaper round-up: BHS, banks, Hinkley Point, easyGroup,
The nation’s small businesses can expect a wave of capital from a new generation of investors following the launch of a campaign to more than double the number of active angels backing UK firms by 2019. The new Become An Angel campaign, which will launch on Wednesday at the House of Commons, plans to recruit 23,000 new angels into the investor community, representing an extra £1bn-worth of growth capital. – Telegraph .
AstraZeneca stroke trials show Brilinta not effective
AstraZeneca's Brilinta drug missed its target during a trial in stroke patients, proving less effective than aspirin.