Market Report
Just Eat to sell Grubhub to Wonder Group for $650m
Just Eat Takeaway said on Wednesday that it has agreed to sell US business Grubhub to Wonder Group for $650m.
London pre-open: Stocks seen up as investors eye US inflation
London stocks were set to gain at the open on Wednesday following heavy losses in the previous session, as investors eyed the latest US inflation reading.
Profits jump at Babcock, Smiths raises growth and margin guidance
London open The FTSE 100 is expected to open 15 points higher on Wednesday, having closed down 1. 22% on Tuesday at 8,025. 77.
Wednesday newspaper round-up: Post Office, Spirit AeroSystems, Flutter
The Post Office is expected to announce the closure of dozens of branches and cut up to 1,000 head office jobs as it seeks to reduce costs to secure its financial future. There are about 11,500 Post Office branches across the UK, of which 115 are wholly centrally owned. The rest are operated by independent post office operators under contract and partners such as WH Smith and Tesco. – Guardian.