Market Report
Dassault Systemes to buy US clinical trial group Medidata
French technology group Dassault Systemes has agreed to buy US clinical trial company Medidata Solutions in a $5. 8bn deal.
De La Rue to sell international identity solutions business for £42m
Banknote printer De La Rue has agreed to sell its international identity solutions business to Assa Abloy-owned verification specialist HID Corporation for £42m.
Europe open: Stocks slip on trade tensions, looming US Fed meeting
Stocks across the Continent have started the morning lower, with investors still very concerned about the ongoing stand-off between the US and China.
KKR to buy Axel Springer in €6.8bn deal
US private equity group KKR has agreed to buy out the minority shareholders in German publisher Axel Springer in a deal that values the group at €6. 8bn.
Totally locks in extensions with multiple clinical commissioning groups
Healthcare services provider Totally scored a number of contract extensions across its wholly-owned subsidiaries About Health and Vocare on Wednesday.
Morses Club names Andrew Hayward as CFO designate
Doorstep lender Morses Club has named Andrew Hayward is its next chief financial officer, subject to regulatory approval.
Everyman Media taps Elizabeth Lake for CFO role
British independent cinema group Everyman Media named Elizabeth Lake as its next chief financial officer on Wednesday morning.
Taptica dragged into long-running spat between Uber and Fetch
Advertising technology group Taptica International has been dragged into a long-running spat between ridesharing giant Uber and advertising agency Fetch.
China CPI picks up in May, but underlying inflation muted
Consumer level inflation in China picked up last month as pork prices increased at their fastest pace for 35-months, but underlying price pressures in fact slowed, pointing to still lacklustre demand, according to analysts.
London open: Stocks edge lower amid renewed Sino-US trade worries
London stocks fell in early trade on Wednesday amid renewed worries about trade relations between the US and China.
Boohoo beats on Q1 sales growth, cash piles up
Boohoo posted slightly higher-than-expected sales growth in the first quarter of its financial year and left its full-year guidance for topline growth unchanged, as analysts had anticipated, even as cash continued to pile up on its balance sheet.
Saga CEO Lance Batchelor to retire
Over-50s specialist Saga has announced the retirement of chief executive officer Lance Batchelor after six years at the company.
Sirius Minerals secures supply deal with Indian farms co-op
Sirius Minerals has signed a take-or-pay supply agreement with Indian Farmers Fertilisers Cooperative (IFFCO) for the supply of its fertiliser product, POLY4.
British American Tobacco backs FY expectations, Reckitt appoints new CEO
London open The FTSE 100 was called to open 18 points lower at 7,380.
London pre-open: Stocks to drop amid renewed trade tensions
London stocks were set to open lower on Wednesday amid renewed worries about trade relations between the US and China.
Wednesday newspaper round-up: Mobil, FTSE 100 bosses, Arcadia
More than 5 million workers across Britain are in low-paid and insecure work, leaving families struggling to make ends meet, according to a campaign calling for more firms to offer guaranteed hours to their staff. According to research published by the Living Wage Foundation, workers in Wales, the north-east and West Midlands experience the highest rates of low-paid insecure work in the country. – Guardian.