Latest News
US close: Stocks close higher as trade deal said to be closer than thought
US stocks closed higher on Wednesday as reports circulated that a trade deal between the US and China could be closer than previously thought.
M&G suspends property fund citing Brexit, weak retail sector
Heavyweight investor M&G on Wednesday suspended withdrawals from its property fund, citing Brexit worries and a weakening retail sector which had sparked a run by investors.
Amazon begins streaming of football matches in Britain
Amazon began broadcasting English football matches on Tuesday as part of its Prime offering.
Thursday preview: OPEC meeting, Victrex in focus
The market focus on Thursday will be on the first of two days of meetings between energy ministers of the Organisation of the Petroleum Exporting Countries member states.
Europe close: Stocks bounce back amid more positive trade headlines
European stocks bounced back on Wednesday, as reports suggested Sino-US trade negotiations were making progress and investors digested data from China and the Eurozone.
London close: Stocks finish higher on renewed trade optimism
London stocks remained in the green by the close on Wednesday, amid fresh optimism over a trade deal between the US and China, although a stronger pound meant gains were less than impressive in comparison to markets on the continent.
Director dealings: Reach CEO ups stake
Reach revealed on Wednesday that chief executive Jim Mullen had acquired 100,000 ordinary shares in the media firm.
RBC downgrades Segro to 'underperform'
Analysts at RBC Capital Markets downgraded property investment and development company Segro to 'underperform' on Wednesday following a significant share price increase in the stock.
Broker tips: Ferguson, Hurricane Energy, Segro
Analysts at Canaccord Genuity revised their target price for shares of plumbers' merchant Ferguson higher, highlighting to clients the company's outperformance versus a flat market in the States, plans to de-merge its UK operations and for a full US listing.
Canaccord ups target on Ferguson, says US macro and listing plans are 'key'
Analysts at Canaccord Genuity revised their target price for shares of plumbers' merchant Ferguson higher, highlighting to clients the company's outperformance versus a flat market in the States, plans to de-merge its UK operations and for a full US listing.
Arc Minerals shares rise on 'excellent' results from Cheyeza
Zambia-focussed copper exploration and development company Arc Minerals announced additional near surface, high grade copper assays from its maiden diamond drill exploration programme at the Cheyeza East target in Zambia on Wednesday.
Pembridge subsidiary Minto gets second advance payment from Sumitomo
Pembridge Resources said on Wednesday that, after the restart of operations on 15 October and first revenue of $3. 4m received on 6 November, under the offtake agreement between Sumitomo Canada and Minto Explorations, Minto has received a 90% provisional payment of $3. 7m for the copper concentrate produced during the month of November.
Russia opens gas pipeline to China
Russia and China have increased their collaboration in the Arctic Circle as Moscow opens a natural gas pipeline in Siberia to Beijing.
Trump calls Trudeau 'two faced' after reportedly being mocked at NATO
US President Donald Trump called Canadian leader Justin Trudeau “two faced” on Wednesday and says he’s “not very happy” that he “called him out” for Canada’s falling short of NATO's target for members' defence spending to reach 2. 0% of annual gross domestic product.
MaxCyte inks new development agreement with KSQ Therapeutics
Cell-based therapeutics and life sciences company MaxCyte has entered into a new development and commercialisation agreement with its existing partner KSQ Therapeutics, it announced on Wednesday.
Wednesday broker round-up
Moneysupermarket: RBC Capital Markets downgrades to underperform with a target price of 300p.
Reckitt Benckiser replaces president of Hygiene Home business
Consumer goods company Reckitt Benckiser on Wednesday announced that Hygiene Home's president, Rob de Groot, was stepping down from his post with immediate effect.
US open: Positive start to trading following reports on trade deal
US stocks opened higher on Wednesday as reports circulated that a trade deal between the US and China could be closer than previously thought.
Gunsynd buys into Solomon Islands nickel company
Gunsynd has purchased a 7. 67% stake in Kolosori Nickel for £45,000, it announced on Wednesday, which owns 80% of the nickel prospecting licence PL05/19 over the Kolosori Prospect in Isabel Province of the Solomon Islands.
TomCo raises £0.93m, teams up with Valkor
Oil shale exploration, development and technology company TomCo Energy has raised £0. 925m gross through a placing of 142,307,692 new ordinary shares at a price of 0. 65peach, it announced on Wednesday, through its broker, Turner Pope Investments.