Full List Of Stories
ViacomCBS to sell Simon & Schuster to Penguin Random House owner for $2.2bn
ViacomCBS confirmed on Wednesday that it has agreed to sell publishing business Simon & Schuster to Bertelsmann, the owner of Penguin Random House, for $2. 18bn in cash.
FTSE 250 movers: Genus gains after update; Future slumps
London’s FTSE 250 was down 0. 9% at 19,608. 51 in afternoon trade on Wednesday.
Future to buy GoCo; FY results beat expectations
Media platform Future said on Wednesday that it has agreed to buy GoCo in a deal that values the GoCompare owner at 136p a share, as it reported a jump in full-year profit and revenue.
FTSE 100 movers: Banks under the cosh; Melrose rallies
London's FTSE 100 was down 0. 5% at 6,398. 46 in afternoon trade on Wednesday.
Petra Diamonds sells collection of 5 blue diamonds for $40.4m
Petra Diamonds said on Wednesday that it has sold the Letlapa Tala Collection of five blue diamonds for $40. 36m.
London midday: Stocks turn lower as banks retreat; spending review eyed
London stocks had turned lower by midday on Wednesday, with banking shares under the cosh, as investors eyed Chancellor Rishi Sunak’s spending review.
Keywords Studios to buy LA-based gnet for up to $32m
Keywords Studios has agreed to buy g-Net Media, a Los Angeles-based provider of marketing services to the video games and entertainment industries, for up to $32m.
Elementis rejects second takeover approach from Minerals Technologies
Speciality chemicals company Elementis has rejected a second, sweetened possible takeover offer from US-based Minerals Technologies.
London open: Stocks edge higher ahead of spending review
London stocks edged higher in early trade on Wednesday as investors eyed Chancellor Rishi Sunak’s spending review.
Babcock FY profits dented by Covid-19 costs
Defence company Babcock International posted a decline in full-year profit and revenue on Wednesday as costs rose due to the Covid-19 pandemic.
London pre-open: Stocks seen higher as investors eye spending review
London stocks were set to rise at the open on Wednesday following a solid session on Wall Street, as investors eye Chancellor Rishi Sunak’s spending review.
Wednesday newspaper round-up: Debenhams, pubs, retailers
The government has privately admitted the UK faces an increased likelihood of “systemic economic crisis” as it completes its exit from the European Union in the middle of a second wave of the coronavirus pandemic. A confidential Cabinet Office briefing seen by the Guardian also warns of a “notable risk” that in coming months the country could face a perfect storm of simultaneous disasters, including the prospect of a bad flu season on top of the medical strains caused by Covid.