Market Report
US close: Mixed session on the Street ahead of Trump-Xi meeting at G20
Wall Street stocks turned in a mixed performance on Wednesday ahead of a key meeting between Donald Trump and Chinese President Xi Jinping later in the week.
Thursday preview: Revised Q1 US GDP, Serco in the spotlight
The flow of economic data will thin out considerably on Thursday with a revised reading on first quarter US gross domestic product growth the main release on tap.
Europe close: Stocks little changed amid US-China trade talk headlines
Stocks on the Continent finished mostly higher on Wednesday following reports that the US might shelve plans for another round of tariffs on Chinese exports as preparations for the two countries' Presidents to meet continued.
London close: Stocks flat as traders mull US-China trade talk news
London stocks were little changed by the end of the trading session as investors sifted through the latest reports around Sino-US trade talks against a backdrop of slightly less dovish signals from the Federal Reserve.
Broker tips: Lookers, Ted Baker, Hargreaves Lansdown, Dunelm
Lookers' valuation looks "extreme", Liberum said on Wednesday, a day after the car dealership's shares tanked on news of a Financial Conduct Authority investigation into its sales processes.
JP Morgan ups target price on 'attractive' Dunelm
Analysts at JP Morgan bumped up their target price on home furnishing retailer Dunelm up to 785p from their previous 750p watermark on Wednesday, stating the group's shares now fully reflected the strong underlying trends.
Trump attacks EU for sanctions on US tech companies
US President Donald Trump attacked the European Union for taking action against US tech companies such as Google and Facebook over antitrust issues.
European Commission opens antitrust investigation into Broadcom
The European Commission has opened a formal antitrust investigation into Broadcom in order to assess whether it is restricting competition through exclusivity practices, in breach of EU rules.
Chinese hackers compromised eight tech services giants, Reuters says
Cyber-criminals working for China's Ministry of State Security have broken into the networks of eight of the world's largest technology businesses in order to raid them for secret client information, according to a report from Reuters.
Director dealings: Non-Standard Finance director and spouse up stakes
Non-Standard Finance revealed on Wednesday that executive director Miles Cresswell-Turner had acquired 70,000 ordinary shares in the UK-based consumer finance company.
Blackberry on more secure footing as Cylance deal pays dividends
Blackberry has reiterated its full-year revenue guidance after the Canadian software company nearly halved its quarterly loss.
Tesco plans cashierless stores to compete with Amazon
The UK’s largest grocery chain Tesco is planning to introduce cashierless stores in the country in a move that would cut costs and make it the leader in self-checkout food retail.
FTSE 250 movers: Petrofac gushes higher, Funding Circle falters
London's FTSE 250 fell 0. 14% lower to 19,260. 07 in afternoon trade on Wednesday, with Funding Circle leading the index lower.
General Mills shares slump after falling short of revenue estimates
Food maker General Mills saw its shares slump in early trading after falling short on quarterly revenues following a move away from snack foods in the US.
US open: Modest gains at the bell as US-Sino trade news boosts sentiment
Wall Street stocks carved out some modest gains at the open on Wednesday after Treasury Secretary Steven Mnuchin said the US and China were "about 90% of the way there" on a deal.
Petrofac surges on reports of dropped SFO probe
Petrofac shares surged on Wednesday following reports that the Serious Fraud Office has abandoned a criminal investigation into three businessmen who were accused of paying brides in the energy industry.
FTSE 100 movers: Evraz rallies; Fresnillo loses its shine
London's FTSE 100 was flat at 7,423. 95 in afternoon trade on Wednesday as investors weighed up signs of progress in Sino-US trade relations against more dovish signals from the Federal Reserve.
Brent jumps after DoE reports 12.8m barrel drop in weekly US oil inventories
US crude oil inventories shrank at an accelerated pace last week amid a sharp drop in net imports and higher demand from refineries.
Active Energy signs two lease agreements at Lumberton site
Biomass-focussed renewable energy company Active Energy has signed two lease agreements at its recently-acquired commercial plant in Lumberton, North Carolina, it announced on Wednesday.
Savannah Resources expands in Portugal by exercising Aldeia option
Savannah Resources announced on Wednesday that it was adding to its wholly-owned Mina do Barroso Lithium Project portfolio in northern Portugal, with the exercise of the Aldeia option to acquire the Aldeia Mining Lease application areas.