Latest News
Tesla to open first European Gigafactory in Germany
Tesla CEO Elon Musk announced on Tuesday that the company’s fourth Gigafactory will be built in Berlin, Germany and added that the UK was not a suitable location due to the Brexit related uncertainty.
US pre-open: Futures point to losses ahead of Powell address
US futures had stocks opening lower on Wednesday as market participants looked forward to an address from Federal Reserve chairman Jerome Powell later in the session.
Europe midday: Markets drop after Trump speech, HK violence
European stocks were lower at lunchtime on Wednesday as investors were left unimpressed by a key speech from US President Trump and as unrest in Hong Kong continued to escalate.
Mars to launch vegan Galaxy bar in UK
Mars is set to launch its vegan version of the classic Galaxy chocolate bar in the UK and fill the gap of vegan milk chocolate.
Private equity firm offers to take controlling stake in Eddie Stobart
Eddie Stobart said on Wednesday that private equity firm DouglasBay has offered to buy a controlling interest in the transport and logistics company.
JD Wetherspoon backs FY expectations as sales rise
JD Wetherspoon backed its full-year expectations on Wednesday as it posted 5. 6% increase in total sales for the 13 weeks to 27 October.
Biffa lifts payout after acquisitions spur profit growth
Biffa on Wednesday reported an increase in interim profit, leading the waste management giant to boost its half-year dividend and reiterate full year expectations.
Asia report: Stocks fall on trade confusion, RBNZ stands pat
Markets in Asia finished lower across the board on Wednesday, led into the red by Hong Kong as protests their continued to drag on sentiment, while central bank officials in New Zealand kept interest rates on hold.
London midday: FTSE maintains losses; Asia-focused shares retreat
London stocks were still in the red by midday on Wednesday after an eagerly-awaited speech by US President Trump left investors disappointed, while escalating unrest in Hong Kong also weighed on the mood.
Jangada Mines identifies multiple routes to market for Pitombeiras
Natural resources company Jangada Mines announced the conclusions of a logistic study it commissioned to assess possible routes to market for the products extracted from its Pitombeiras Vanadium Project in the Brazilian state of Ceará on Wednesday.
Avacta Group reports solid progress in partnership with LG Chem
Biotherapeutics developer Avacta Group updated the market on the ‘Affimer’ therapeutics development partnership and license agreement with LG Chem Life Sciences, part of the South Korean LG Group, to develop Affimer therapeutics in several disease areas on Wednesday.
Accesso Technology remains in talks with potential suitors
Leisure, entertainment, hospitality and attractions technology provider Accesso Technology Group updated the market on its announced formal sale process on Wednesday, which remains ongoing.
Bonhill shares tumble as it warns on profits
Shares in business-to-business media firm Bonhill Group tumbled on Wednesday after it warned that its 2019 results "will not reach the levels previously anticipated".
UK inflation falls to lowest level in nearly three years
The UK's headline inflation rate fell to its lowest level in nearly three years in October, according to figures released by the Office for National Statistics on Wednesday.
Tullow Oil cuts production forecasts as Ghana problems persist
Shares in Tullow Oil slumped on Wednesday as the company cut its 2019 oil production and free cash flow estimates due to problems at its Ghana operations.
Ideagen underlying earnings 'significantly ahead' of 2018
Information management software provider Ideagen said trading remained strong throughout the fiscal first half, with revenue and underlying earnings set to come in "significantly ahead" of last year.
BBA Aviation sees FY earnings in line with forecasts
Aviation support services company BBA Aviation expects full-year underlying earnings to be in line with expectations following an improved performance from its Signature and Ontic units.
Speedy Hire's interim revenues boosted by services unit
Tools and equipment hire service company Speedy Hire reported an increase in both interim revenues and profits, boosted by its services unit.
Arc Minerals disposes of Casa Mining stake
Africa-focussed exploration company Arc Minerals has agreed to sell its entire 99. 43% interest in Casa Mining to Century Capital Management for up to $9. 8m.