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Europe midday: Markets rise on M&S profit hopes
European were just in positive territory on Wednesday as US and eurozone central bankers maintained dovish positions on interest rates and British retailer Marks & Spencer pleased despite posting a hefty annual loss.
Europe open: Investors cheered by dovish stance from ECB, Fed
European shares edged closer to record highs on Wednesday as US and eurozone central bankers maintained dovish positions on interest rates, despite recent worries about rising inflation.
M&S to close 30 stores as pandemic pushes retailer to £209m loss
Marks & Spencer said it was closing 30 stores after posting a heavy annual loss as it felt the full impact of the coronavirus lockdowns on clothing sales, but expected to return to profitability this year.
JLEN signs ESG-linked £200m credit agreement
Listed environmental infrastructure fund JLEN has signed a new three-year facilities agreement of up to £200m linked to environmental, social and governance targets.
Softcat lifts annual guidance after strong Q3
IT provider Softcat on Wednesday upgraded annual earnings guidance after reporting double-digit revenue growth in the third quarter.