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Thursday preview: BoE, Aviva in the spotlight
The focus on Thursday will be firmly on the Bank of England as it announces its latest monetary policy decision and releases its latest forecasts for the UK economy.
London close: Stocks finish firmer as investors hope for US stimulus deal
London stocks finished in positive territory on Wednesday, amid expectations of further coronavirus stimulus in the US, as gold prices hit a new high.
Broker tips: Keywords Studios, Morgan Sindall, Tesco
Analysts at Berenberg raised their target price on IT services management group Keywords Studios on Wednesday from 1,700. 0p to 2,250. 0p after the group's first-half numbers came in ahead of expectations amid an improving outlook.
US trade deficit narrows sharply in June buoyed by auto exports
America's shortfall in trade on goods and services shrank sharply in June as exports bounced back at roughly twice the speed as purchases from overseas.
ShoreCap upgrades Tesco to 'buy', spies return to dividend payouts
Analysts at ShoreCap upgraded their recommendation for shares of Tesco from 'hold' to 'buy' following what they termed a "robust" first quarter trading update from the grocer.
Sunrise Resources gets go-ahead from Nevada mining regulator
Sunrise Resources announced on Wednesday that the Nevada Bureau of Mining Regulation and Reclamation (BMRR) had issued its notice of final decision to grant the required mine reclamation permit at the CS Project.
Director dealings: Senior chairman ups stake
Senior revealed on Wednesday that chairman Ian King had acquired 207,000 ordinary shares in the FTSE 250-listed aerospace and defence firm.
Liberum upgrades Morgan Sindall to 'buy'
Analysts at Liberum upgraded construction and regeneration firm Morgan Sindall from 'hold' to 'buy' on Wednesday following some detailed guidance from the group.
Sberbank structures first trade finance deal
Sberbank structured a trade finance deal with Egyptian authorities for the purchase of wheat, its first ever.
Carnival extends pause on cruises from US ports
Carnival said on Wednesday that it will extend the pause of cruises setting off from US ports until the end of October due to the coronavirus pandemic, in line with the decision announced earlier by the Cruise Lines International Association (CLIA).
Rebound in US services extends into second month, ISM says
Services sector activity in the US outpaced economists' forecast in July, extending its recovery into a second month, the results of a closely-followed survey revealed.
OptiBiotix Health extends terms of licence agreement with OptiPharm
Life sciences company OptiBiotix Health has extended the terms of its original exclusive licence agreement for ‘OptiBiome’ with OptiPharm, it said on Wednesday, which was initially announced on 31 March.
MediaZest raises £0.15m as it faces 'difficult' trading
Creative audio-visual company MediaZest has raised £0. 15m before expenses, it announced on Wednesday, to provide it with additional working capital.
Loungers reopens all but one of its 165 sites
Bar and restaurant operator Loungers said on Wednesday that it has now re-opened all 165 sites in its estate, with the exception of Cosy Club in Leicester.
US open: Stocks extend gains amid data onslaught
Wall Street stocks opened higher on Wednesday as market participants looked to Washington for news on another Covid-19 stimulus package and thumbed over a slew of data releases.
FTSE 250 movers: Hastings higher on deal news; Hammerson slumps
London’s FTSE 250 was up 1. 4% at 17,543. 75 in afternoon trade on Wednesday.
Aberdeen in lockdown as Covid-19 spreads
The Scottish government has reimposed partial lockdown conditions in Aberdeen to deal with a Covid-19 cluster in the city.
Johnson & Johnson to supply 100m US Covid-19 vaccine doses
Johnson & Johnson has agreed to supply 100m doses of its investigational Covid-19 vaccine to the US in the latest deal between the government and drug companies.
FTSE 100 movers: IAG flies higher; Legal & General loses ground
London’s FTSE 100 was up 0. 8% at 6,084. 29 in afternoon trade on Wednesday.
US labour market recovers at slower pace in July
The US labour market recovery slowed sharply in July as the private sector added 167,000 jobs last month, according to the ADP National Employment Report.