Market Pulse
BMW warned over misleading headlight advertising
An advertisement for BMW has been taken off the air, after it was found to be misleading in its claim that its high-beam headlight technology did not dazzle oncoming drivers.
Blancco expands globally as demand for mobile security grows
Blancco Technology, the mobile security software provider, confirmed sales and profits would hit full year forecasts after it enjoyed continued good trading in the second half of its financial year.
Nokia and Samsung announce expansion of patent deal
Technology firms Nokia and Samsung have reached an agreement to extend their current patent deal which was originally announced in February of this year.
US pre-open: Stocks set for flat open after Tuesday's fresh records
US futures pointed to a broadly flat open on Wall Street, with investors set to pause for breath after the Dow and the S&P 500 hit fresh records in the previous session.
FCA fines Towergate £12.6m for client and insurer money failings
The Financial Conduct Authority has fined insurance intermediary Towergate Underwriting Group just over £2. 6m for failings in relation to its protection of client and insurer money.
Canaccord leaves GVC Holdings at 'buy', raises target price
GVC Holdings shares gained on Wednesday as Canaccord Genuity reiterated a ‘buy’ rating on the stock and lifted its target price to 680p from 615p.
Tube passengers lose 26 million hours to delays in a year
Passengers on the London Underground lost more than 26 million hours to delays, cancellations and other disruption on the network in the last year, according to new Transport for London board papers published on Wednesday.
Tesco and Sainsbury's recall tinned goods over rubber fears
Both Tesco and Sainsbury’s issued a recall for some tinned food on Wednesday, amid fears they may contain rubber.
Boeing considering first new plane in over a decade
Boeing is said to be looking into the prospect of adding a brand new plane to its repertoire, which would be the first new aircraft produced by the firm in over a decade.
Burberry sales fall less than feared but challenging conditions remain
Declines across all three of Burberry Group's regions led to a 3% like-for-like drop in retail sales in the first quarter, which was less than the 5% fall the market had forecast, though the luxury retailer warned its market remain challenging.
Eurozone industrial production drops more than expected in May
Eurozone industrial production fell more than expected in May, according to the latest figures from Eurostat.
Asia report: Abenomics expectations lead markets higher
Markets in Asia finished higher on Wednesday, extending a rally among global markets which saw US indexes reach records on Tuesday, with investors looking for further easing from Japan’s re-elected administration and a sense of direction from politicians in the UK.
GVC gains 11-year high on 'remarkable' Bwin turnaround
Helped by favourable results in the Euro 2016 football tournament and particularly strong growth in both wagering and gaming in the second quarter, GVC Holdings generated an 11% increase in like-for-like revenue in the six months to 30 June.
Credit Suisse reviews equity strategy after Brexit vote
Credit Suisse has made a series of post-Brexit changes in its latest global equity strategy note.
UBS launches coverage of UK estate agents
UBS initiated coverage of the UK estate agent sector on Wednesday, with Foxtons and Savills at ‘buy’, Countrywide at ‘neutral’ and Purplebricks at ‘sell’.
McDonald's struggling in search for Chinese bidders
McDonald's is having difficulties in their search for a buyer for their Chinese franchises, according to a source for the Financial Times.
Speedy Hire sees full-year ahead of expectations
Speedy Hire said on Wednesday that its full-year results are likely to be ahead of the board’s previous expectations following a positive start to the year.
Europe open: Stocks waver as investors pause for breath
European stocks wavered in early trade as investors paused for breath following solid gains in the previous session, with the UK in focus again as Theresa May takes over from David Cameron as Prime Minister.
London open: FTSE 100 falls as property stocks subside
London stocks opened lower on Wednesday as the housebuilding and property rally ran out of steam and attention turns firmly towards the changing of Britain's leadership and the Bank of England's looming policy tinkering.
Hansteen refinances Dutch light industrial portfolio
UK and continental Europe property investment company Hansteen Holdings announced on Wednesday that it has refinanced two loans secured against its Netherlands light industrial property portfolio, with a single loan totalling €145m.