Market Report
German CPI falls back in May, but core pressures building according to analysts
The cost of living in the euro area's largest economy fell back last month as the impact of the late Easter in 2017 reversed, revised data confirmed.
Sound Energy reports 'significant' gas shows at Badile
Africa and Europe-focussed upstream gas company Sound Energy updated the market on the drilling of the Badile exploration well, onshore Italy, on Wednesday.
London open: Stocks nudge up as investors eye jobs data
London stocks nudged higher in early trade ahead of some key UK jobs data and an expected interest rate hike from the Federal Reserve.
Bellway expects 10% jump in full-year completions
FTSE 250 housebuilder Bellway said on Wednesday that housing completions for the year to the end of July are expected to have grown 10% from last year's 8,721, marking another year of significant volume growth and ahead of its original target.
Europe open: Stocks track gains on Wall Street ahead of Fed
European equities were heading higher in early trading, tracking gains overnight on Wall Street, even as investors waited on Wednesday evening's US central bank policy announcement, with analysts and traders split on whether or not the Federal Reserve would sound a 'dovish' note.
WH Smith keeps sales on even keel in third quarter
Sales growth at WH Smith remained almost unchanged in the third quarter, with the retailer saying profit margins were improving and it was confident in hitting full-year targets.
The Gym Group sees FY profit in line with views
The Gym Group said on Wednesday that full-year profit is expected to be in line with consensus market views after trading in the first five months of the year met the board's expectations.
Mulberry FY profit and sales boosted by product launches, online
Luxury retailer Mulberry reported a rise in full-year sales and profit on Wednesday thanks to product launches and the online business.
CLS Holdings buys 12 office properties in Germany
Property investor CLS Holdings has continued its strategy of increasing its presence in Germany with the acquisition of a portfolio of 12 office buildings for €148m (£131m) cash.
Purplebricks targets California as first US launch site
Hybrid online estate agent Purplebricks has announced plans to expand into California later this year as it looks to launch its first site in the US.
Aggreko buys Indonesian power rental company KBT
Temporary power provider Aggreko has acquired Indonesia-based power rental company KBT (Kerta Bumni Teknindo), for up to $32. 8 m.
British American Tobacco expects volumes ahead of industry
British American Tobacco posted a pre-close trading update for its first half on Wednesday, with the board saying the business continued to perform “very well”, in line with expectations.
London pre-open: Stocks seen muted ahead of UK jobs data, Fed
London stocks were set for a muted open on Wednesday ahead of some key UK jobs data and the latest policy announcement from the Federal Reserve.
Wednesday newspaper round-up: Euro clearing, BP, VW, Jaeger
Technology companies such as Google and Facebook must do more to curb the “poisonous propaganda” that fuels terror attacks such as the atrocities in London and Manchester, the prime minister has said, launching a UK-French pact to explore new ways to curb the spread of online hate. At a bilateral meeting in Paris on Tuesday, both French president Emmanuel Macron and Theresa May agreed to explore creating a new legal liability for tech companies if they fail to remove inflammatory content, which could include penalties such as fines.