Market Pulse
Asia report: Markets mixed as Pokemon Go delayed
Markets in Asia slowed on Wednesday and finished mixed, as Nintendo tripped up after announcing its runaway Pokemon Go mobile game’s Japan launch would be delayed.
UK unemployment rate improves but recent data shows weakness
The UK's official unemployment rate has improved to 4. 9% by the end of May, according to the Office for National Statistics, with average weekly earnings rising 2. 3% as expected.
MayAir secures $10.6m of new contracts
MayAir, which provides air purification technology, has secured new contract wins in its industrial and commercial divisions with a combined value of $10. 6m.
Unilever buys Dollar Shave Club
Unilever has agreed to buy California-based male grooming business Dollar Shave Club for an undisclosed sum.
General Electric teams up with Huawei to improve production
US giant General Electric has teamed up with Chinese technology company Huawei in order to increase its productivity.
Anglo American slumps as it cuts copper output guidance
Anglo American shares were under pressure on Wednesday after the miner cut its full-year copper production guidance.
Fresnillo boosts gold production guidance after second quarter
Fresnillo posted a quarterly production update for the three months to 30 June on Wednesday, with silver production improving 14. 5% year-on-year to 30 moz.
Qinetiq Q1 in line, reaffirms full-year guidance
FTSE 250 science and engineering company Qinetiq said trading in the first quarter was in line with its expectations.
Burberry announces share buyback programme up to £100m
Luxury retailer Burberry has announced a share buyback programme up to a maximum of £100m.
Just Eat sells two Latin American businesses to its Brazil joint venture
Takeaway food delivery marketplace Just Eat sold two of its Latin American business to its iFood joint venture in Brazil for about $11m.
Electrocomponents improves margins though sales slow in first quarter
Electrocomponents got off to a strong start to its financial year, with gross margins improving as cost-cutting proves more effective than expected.
Microsoft beats on quarterly earnings, but sales disappoint
Microsoft beat analysts' quarterly earnings forecasts by a mile, as growth in its cloud computing and enterprise segments helped to offset slowing revenues from its flagship operating system Windows, although top-line growth was weaker than anticipated on Wall Street.
Europe open: Stocks edge higher as investors sift through corporate news
European stocks edged higher in early trade as investors sifted through some corporate releases and looked ahead to the European Central Bank rate announcement on Thursday.
Trump clinches GoP 2016 US presidential nomination
Donald Trump received overnight the US Republican Party´s nomination to be the next president of the United States .
London open: Stocks on front foot ahead of unemployment data
The FTSE 100 opened higher on Wednesday with financials stocks leading the way as expectations of monetary stimulus continues to grow.
Man Group names Luke Ellis CEO as Roman heads to PIMCO
Hedge fund manager Man Group said on Wednesday that chief executive officer Emmanuel Roman will step down from the role at the end of August to be replaced by Luke Ellis on 1 September.
BHP Billiton production mostly down
Miner BHP Billiton posted its operational review for the year to 30 June on Wednesday, confirming it exceeded full-year production guidance for petroleum, copper and metallurgical coal, and achieved record full-year production at Western Australia Iron Ore.
TalkTalk Q1 revenue dips; FY guidance reiterated
Broadband provider TalkTalk reported a small drop in revenues for the first quarter as it lost customers, but reiterated its guidance for the full year.
London pre-open: Stocks seen touch higher ahead of jobs data
London stocks were expected to open a little firmer on Wednesday as investors turned their attention to some key data releases.
Severn Trent trading in line in first half
Water and wastewater company Severn Trent posted a trading update for the period from 1 April to 19 July on Wednesday, as it continued to focus on enhancing its customer service, operational and financial performance.