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Vistry suspends divi, pulls guidance, shuts building sites
Home builder Vistry suspended its dividend, scrapped guidance and started shutting down construction sites on Wednesday as it dealt with the coronavirus impact.
Covid-19 home tests available soon, government scientist says
Home tests for Covid-19 are likely to be available in the UK next week, a government scientist told MPs.
Ergomed earnings rise as it begins Covid therapy testing
Pharmaceutical services company Ergomed reported a 26. 1% improvement in its revenue to £68. 3m on a comparable basis in its full-year results on Wednesday.
Ilika not anticipating change to expectations from coronavirus pandemic
Solid state battery technology company Ilika updated the market on Wednesday, on the actions it had taken to minimise the impact of the Covid-19 coronavirus pandemic on its business.
Novacyt signs manufacturing deal with Yourgene for Covid test
Clinical diagnostics company Novacyt announced on Wednesday that it has signed an agreement for certain contract manufacturing services with molecular diagnostics firm Yourgene Health.
UK govt accused of 'negligence' for allowing building sites to open
Unions accused the government of negligence for allowing building sites to remain open during the lockdown and called for the coronavirus wage bailout to be extended to self-employed construction workers.
Cora Gold prepares operating camps for Covid-19
West Africa-focussed Cora Gold updated the market in response to the Covid-19 coronavirus pandemic on Wednesday, saying that it placed the safety and wellbeing of its employees and contractors as its highest priority.
Bodycote could do well in 2021 recovery, JP Morgan says
Bodycote is in a position to do well in a recovery from the Covid-19 crisis, JP Morgan said as it upgraded the company's shares to 'neutral'.
US house price inflation steady in January, FHFA says
US house price inflation was steady at the start of the year, led by gains in the Mid-Atlantic region and South.
Equity markets could rise 15% by end of 2020, Credit Suisse says
Equity markets could be 15% higher by the end of 2020 as government support for the economy pushes investors into real assets, Credit Suisse said in a strategy note.
Italian coronavirus pandemic might peak this week, WHO says
The Covid-19 pandemic in Italy may hit its peak as soon as during the present week, the world's health watchdog said.
EU calls for dedicated crisis management centre - reports
The European Union is expected to endorse establishing a dedicated crisis management centre in response to the Covid-19 pandemic, it was reported on Wednesday.
US durable goods orders rise past forecasts in February
Orders for goods made to last more than three years jumped past forecasts last month.
Katoro Gold halts work on joint venture gold dams
Katoro Gold said it would stop on-site work at its joint venture gold dams in South Africa to comply with the government's lockdown in response to the Covid-19 crisis.
US pre-open: Stocks set for mixed start amid reports of agreement on stimulus
Wall Street is set for a roughly flat start amid news of a preliminary agreement on Capitol Hill on a roughly $2trn stimulus package to see the country's economy through the coronavirus pandemic.
Citi warns airlines face punitive government bailouts
Airlines are heading for tough government bailouts to save them from the coronavirus crisis, Citi analysts said as they recommended buying shares of Ryanair and Wizz Air and put 'sell' ratings on Lufthansa and Air France-KLM.
Retail sales forecast to plunge as stockpiling eases and shops shut - survey
Retailers saw demand jump in early March because of coronavirus-led stockpiling, but expect sales to plunge in the coming months, according to a widely-watched survey released on Wednesday.
London midday: Stocks pare gains as investors mull inflation, retail sales data
London stocks had pared gains by midday on Wednesday as enthusiasm about a $2 trillion US rescue package faded, and following the release of uninspiring data.
McBride sees rise in demand but cancels dividend amid Covid-19
Cleaning products manufacturer McBride said on Wednesday that demand since early March has risen across most regions but that it is cancelling its dividend to be "prudent" amid the Covid-19 outbreak.
Asia report: Markets surge as US lawmakers agree huge stimulus
Markets in Asia were higher across the board on Wednesday, led by stocks in Japan, as investors reacted to the news that lawmakers in the US had agreed to a $2trn coronavirus stimulus package, leading to some monster gains on Wall Street overnight.