Latest News
SoftBank raises $14.8bn from T-Mobile share sale
SoftBank raised $14. 8bn through the sale of shares in US-listed T-Mobile as it seeks to raise up to $20bn in cash by disposing of its stake in the wireless telecommunications carrier.
Thursday preview: US jobs market, Auto Trader in focus
The market spotlight on Thursday will shift back towards the US, where a raft of top-tier economic indicators are due out.
Unite Group to place shares to pay down debt, finance growth
Unite Group will place shares to optimise its capital structure by paying down debt and to fund organic growth.
Air pollution in Europe takes off as lockdowns lifted
Air pollution has rebounded in European cities as lockdown measures across the Continent are eased.
Europe close: Stocks down after IMF cuts forecasts, Covid-19 cases rise
Stocks in Europe finished sharply lower after the International Monetary Fund slashed its forecast for global economic growth in 2020 and as investors assessed the risks around a possible second wave of Covid-19 infections around the globe.
EasyJet raises cash to guard against renewed grounding, slow recovery
EasyJet has annunced that it will raise more cash in order to increase its liquidity and to guard against the risk of being forced to ground its fleet of aircraft again or that the recovery in demand might take longer than foreseen.
London close: Stocks sharply lower amid second wave fears, trade concerns
London stocks finished well in the red on Wednesday, amid growing concerns about a spike in new coronavirus cases in the US.
Broker tips: Anglo American, St James's Place
Anglo American shares will rise further because investors have not spotted the extent of the miner's potential to recover from the Covid-19 crisis, Credit Suisse said as it increased its price target on the stock.
Director dealings: Schroders CFO lowers stake
Schroders revealed on Wednesday that chief financial officer Richard Keers had disposed of 3,021 ordinary shares in the British multinational asset management company.
Washington prepares to place tariffs on $3.1bn of EU exports
Washington is weighing imposing tariffs on $3. 1bn-worth of exports from France, Germany, Spain and the UK.
Credit Suisse ups price target on Anglo American shares
Anglo American shares will rise further because investors have not spotted the extent of the miner's potential to recover from the Covid-19 crisis, Credit Suisse said as it increased its price target on Anglo American shares.
FTSE 250 movers: Crest Nicholson down on results; Centamin gains
London’s FTSE 250 was down 2. 3% at 17,244. 47 in afternoon trade on Wednesday.
Sunrise shares rise on outcome of CS Project comment period
Sunrise Resources confirmed a positive outcome from the public comment period on the environmental assessment for its CS Perlite-Pozzolan Project in Nevada on Wednesday.
Tribal Group maintains expectations for full financial year
Education software and services provider Tribal Group updated the market on its trading on Wednesday, saying it was expecting results for the year ending 31 December to be in line with market expectations.
Iran ready for talks with US if it apologises for leaving nuclear pact
Iran said it would be ready to talks with the US, if the Trump administration apologises for exiting the 2015 nuclear deal.
Berenberg hikes target price on St James's Place
Analysts at Berenberg raised their target price on asset manager St James's Place from 875. 0p to 1,005. 0p on Wednesday in order to better reflect the recent recovery in financial markets and more resilient than expected trends in flows.
US open: Stocks slump as new coronavirus cases surge
Wall Street stocks opened lower on Wednesday as market participants digested trade rumours and an ever-increasing number of new Covid-19 cases.
Wednesday broker round-up
G4S: Credit Suisse upgrades to outperform with a target price of 140p.
AutoNation or CarMax could buy Hertz, analysts suggests
Hertz shares jumped after an analyst suggested car dealers AutoNation or CarMax could step in to buy the stricken auto-hire company out of bankruptcy.
FTSE 100 movers: Kingfisher hit by downgrade; Polymetal shines
London’s FTSE 100 was down 2. 4% at 6,170. 80 in afternoon trade on Wednesday.