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Mortgage lending declines in August
Total mortgage lending and loans for house purchases fell in August as the UK’s property market remained in the doldrums, industry figures showed.
UBS downgrades IAG over fuel, yield concerns
Higher fuel prices are one of several potential headwinds facing British Airways and Iberia owner IAG, making UBS more cautious on the group's outlook.
William Hill scores sports betting partnership with US lotteries
William Hill and International Game Technology have agreed a multi-year partnership to provide US state lottery operators with sports betting solutions.
PZ Cussons Nigerian woes continue but UK picks up
PZ Cussons reported first-quarter trading was in line with expectations as growth in Europe and Asia offset problems in Nigeria.
FairFX turns in strong first-half despite sterling weakness
FairFX brushed off the impact of sterling's weakness as it turned in a strong set of first-half results on Wednesday.
ITM Power opens seventh UK hydrogen refuelling station
Energy storage outfit ITM Power has opened another hydrogen refuelling station at on the M4 corridor.
Hornby trading on track as CEO Davies eyes revival
Hornby said trading was on track to meet its expectations as the model train maker seeks to put a run of bad results behind it.
London open: Airlines lead Footsie lower as Fed eyed
Low-flying airlines led London stocks lower in early trading on Monday amid elevated oil prices and as many traders sat on their hands ahead of the Federal Reserve rates announcement later.
Boohoo upgrades annual sales guidance after strong first half
Boohoo increased its guidance for annual revenue growth as the online fashion retailer reported first-half profit up by more than a fifth.
Wednesday newspaper round-up: Brexit, Ryanair, McCarthy & Stone, Sky
As many as 10pc of UK businesses would face bankruptcy if goods were delayed by under 30 minutes as a result of Brexit trade friction, new research has claimed. Businesses are also planning to stockpile goods in order to offset the impact of increased delays, with almost a quarter of companies preparing to stockpile in the future and some 4pc have already started to do so, according to the research from the Chartered Institute of Procurement and Supply (CIPS). - Telegraph.
Market softening hits Vietnam Enterprise Investments in first half
Closed-end investment fund Vietnam Enterprise Investments announced its reviewed interim results for the six months ended 30 June on Wednesday, with its net asset value per share falling 3. 6% in dollar terms to $6. 81, trailing the VN Index by 1. 1% and reflecting “volatile” market conditions over the second quarter according to the board.
London pre-open: Stocks set for soft start ahead of Fed call
London stocks are expected to dip slightly at Wednesday's open after a mixed session on Wall Street ahead of the Federal Reserve's rates decision.
Earnings fall at the AA, PZ Cussons performs in line
London open The FTSE 100 is expected to open 0. 09% lower on Wednesday, having closed up 0. 66% at 7,507. 56 on Tuesday.
Elementis US factory shut down after Hurricane Florence
Elementis on Wednesday said production at its US Chromium facility in North Carolina had been disrupted as a result of Hurricane Florence, although the impact on 2018 earnings would be “modest”.