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Fox Marble wins $2.4m temple contract after narrowing losses
Fox Marble on Wednesday confirmed it has received an order for at least $2. 4m-worth of Alexandrian white marble from the Swaminarayan Hindu religious order, while also reporting a drop in annual losses.
US hiring stalls in May, ADP says
Hiring in the US hit a wall last month, according to the results of one of the most closely-followed surveys on the health of the US jobs market.
Investors revolt over executive pay at GVC
GVC Holdings, the owner of Ladbrokes and Coral, said on Wednesday that it was "disappointed" after more than 40% of shareholders voted against its remuneration report, despite its chief executive agreeing to a pay cut.
Findel profits rise, driven by Studio
Home shopping company Findel reported a jump in full-year profit and revenue on Wednesday, thanks in part to a solid performance form Studio, its online value retailer.
Conservative Party rules to reduce numbers in leadership race
The UK Conservative Party agreed rules on Tuesday for the leadership race to replace Prime Minister Theresa May that will see the number of candidates reduced.
Trump says global warming is 'change in weather' and claims US is clean
Donald Trump dismissed climate change as “a change in weather” just hours after holding serious talks on the issue with Prince Charles.
Asia report: Markets rise amid Fed rate cut speculation
Asian markets were largely higher on Wednesday, tracking gains on Wall Street, with US indices having gained on the back of speculation that the Federal Reserve could cut interest rates in order to shield America's economy from the fallout from the trade war.
Europe midday: Stocks mostly higher, Italian issues fall after IMF highlights risks
Stocks are holding higher as traders assess the more dovish policy stance of central bankers in the US and on the back of a slight ebbing in trade tensions.
Eurozone retail sales ease as consumers rein in spending
Retail sales eased across the eurozone in April, official data published on Wednesday showed, as consumer sentiment remained muted.
Curtis Banks taps WH Ireland finance director as CFO
British self-invested personal pension provider Curtis Banks appointed Dan Cowland to the role of chief financial officer on Wednesday.
Alpha FMC raises full-year dividend following 'strong growth'
British consulting company Alpha FMC saw both revenues and earnings move ahead in its last trading year, leading it to up its full-year dividend on Wednesday.
US pre-open: Stocks set to continue rally as Powell comments boost sentiment
Wall Street futures were pointing to a positive start to the session on Wednesday, with stocks attempting to extend the rally started on Tuesday.
UK new car sales fall sharply in May
UK car registrations fell again last month, as the introduction of low emission zones undermined confidence and drivers continued to turn their back on diesel cars.
IMF cuts growth forecast for China as trade war heats up
The International Monetary Fund has revised down its economic forecasts for China, citing the growing trade war between Washington and Beijing, as it called on both countries to end the dispute.
London midday: Stocks extend gains as investors mull services data
London stocks had extended gains by midday on Wednesday, with sentiment underpinned by a more dovish stance from Federal Reserve chairman Jerome Powell, as investors digested the latest reading on the UK services sector.
Intercede confident after beating expectations and narrowing losses
Intercede's beat analysts' expectations on Wednesday, reporting a narrower annual loss following a jump in revenues and a reduction in costs, leaving the business confident in its outlook and in a "much better position" than at the end of the year before.
Euro area producer prices surprise sharply to the downside in May
Factory gate prices in the single currency bloc dropped unexpectedly in April amid a downdraft in energy costs and falling inflation in France and Italy.
Biffa to reorganise into two divisions; annual profits drop
Waste management company Biffa posted a drop in full-year profit on Wednesday, dented by onerous contracts and debt payments, as it said it will reorganise the group into two divisions.
Philip Green agrees deal with pensions regulator over Arcadia
Embattled former billionaire Philip Green on Wednesday agreed to pay an extra £25m to the Arcadia pension scheme as he tried to save his retail empire from falling into administration.
UK services sector activity picks up in May but remains subdued
Activity in the UK services sector picked up more than expected in May but remained subdued amid Brexit uncertainty, according to a survey released on Wednesday.