Market Pulse
Eqtec settlement with Logik moves closer to completing
Waste-to-value technology specialist Eqtec updated the market on its settlement agreement with Logik Developments and its subsidiary Logik WTE on Wednesday.
Distil exploring funding options, downgrades FY outlook
Distil downgraded its full-year outlook on Wednesday as it reported a slump in revenues and said it was "exploring funding options".
Asia report: Most markets rise after surprise RBNZ rate cut
Asia-Pacific markets mostly gained on Wednesday, following key economic developments including a surprise rate cut from the Reserve Bank of New Zealand.
UK house prices rise 2.7pc in June
UK house prices jumped 2. 7% in June, according to the Office for National Statistics, unchanged from the prior month's revised estimate.
Capital sells entire shareholding in Predictive Discovery
Mining services company Capital Limited announced the sale of its entire shareholding in Predictive Discovery (PDI) on Wednesday, to Perseus Mining for a total cash consideration of AUD 47. 3m (£24. 42m).
Kenmare Resources confident despite slide in revenue, earnings
Titanium and zircon producer Kenmare Resources reported a 33% year-on-year decline in first-half revenue on Wednesday, to $154. 5m.
Revenue and earnings fall for Ultimate Products
Homeware company Ultimate Products reported a 6. 5% decrease in unaudited group revenue in an update on Wednesday, to £155. 5m for the financial year just ended, from £166. 3m a year earlier.
Amaroq reports solid second-quarter operational performance
Greenland-focussed mine developer Amaroq Minerals reported liquidity of $62. 2m in its second quarter results on Wednesday, including cash balances and undrawn credit facilities, down from $96. 3m at the end of the first quarter.
Aviva H1 profits surge
Insurance firm Aviva said on Wednesday that profits had surged in the six months ended 30 June on the back of an increase in written premiums throughout the period.
London open: Stocks gain after UK inflation data; Flutter surges
London stocks rose in early trade on Wednesday as the latest UK inflation data boosted rate cut expectations.
Hammerson refinances debt on large Dublin shopping centre
Hammerson, in partnership with PIMCO Prime Real Estate, has successfully secured a €350m non-recourse term loan to refinance the existing debt on Dundrum Town Centre in Dublin.
Inflation rises for first time since December
Consumer price inflation rose in July for the first time since December, albeit less than expected.
London pre-open: Stocks seen up as investors mull UK CPI
London stocks were set to rise at the open on Wednesday following a positive session on Wall Street, as investors mulled the latest UK inflation reading.
Wednesday newspaper round-up: Avon, AstraZeneca, Google
Anti-sewage campaigners have warned of “extreme anger” if the Labour government does not radically reform the water regulator. Sources at the Environment Agency (EA) and in the Labour party have told the Guardian that while Labour had spent time considering reforms of the EA and Ofwat in order to fix the sewage crisis, some stricter options that had been proposed were now off the table. -Guardian.