Market Pulse
Deliveroo said to have held takeover talks with Doordash, shares spark
Deliveroo shares sparked on Wednesday following a report that US meal delivery group Doordash flagged interest in a takeover of the UK company last month.
Checkit abandons pursuit of Crimson Tide
Checkit said on Wednesday that it does not plan to make a firm offer for rival Crimson Tide after it rejected an improved proposal earlier in the month.
London open: Stocks gain after US tech rally
London stocks rose in early trade on Wednesday, taking their cue from a tech rally on Wall Street, which saw the Nasdaq end 1. 3% higher.
PZ Cussons ends year as expected amid currency headwinds
PZ Cussons said in an update on Wednesday that trading in the final quarter of the financial year, which ended on 31 May, met management expectations.
London pre-open: Stocks seen up after Nasdaq rally
London stocks were set to gain at the open on Wednesday following a rally in US tech stocks overnight.
Wednesday newspaper round-up: Post Office, Aston Martin, Stellantis UK
The UK needs a system for recording misuse and malfunctions in artificial intelligence or ministers risk being unaware of alarming incidents involving the technology, according to a report. The next government should create a system for logging incidents involving AI in public services and should consider building a central hub for collating AI-related episodes across the UK, said the Centre for Long-Term Resilience (CLTR), a thinktank. – Guardian.