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16 Sep
Europe midday: Shares higher on Zara owner profits, IMCD purchase

European shares were still in the green at lunchtime on Wednesday with Zara owner Inditex boosting sentiment after reporting a return to profits and an acquisition by chemicals and food ingredients firm IMCD.

16 Sep
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Scottish Power to help produce green hydrogen to fuel transport

Scottish Power’s wind and solar farms are to start producing green hydrogen that will be used to fuel buses, ferries and even trains as part of a strategy to boost the country’s hydrogen economy.

16 Sep
Global economy could recover in 2021 if stimulus kept up - OECD

The global economy could return to growth next year as better outlooks from the US and China combined with a “massive response” to the Covid-19 pandemic from other nations lessened GDP contraction, the OECD said on Wednesday.

16 Sep
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London midday: Stocks little changed ahead of Fed announcement

London stocks were little changed by midday on Wednesday as investors digested a sharp decline in UK inflation and eyed a rate announcement by the US Federal Reserve.

16 Sep
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Seeing Machines gathers 5bn km of driving data

Seeing Machines said its driver monitoring technology had amassed more than 5bn km of driving data to fuel its machine-learning technology.

16 Sep
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Inditex reaches 'turning point' as stores reopen

Zara-owner Inditex said on Wednesday it had hit a turning point in the second quarter as trading started to normalise, enabling the world's biggest fashion retailer to return to profitability.

16 Sep
Carnival's AIDA to run weekly autumn Italy cruises from October

Carnival said its AIDA Cruises unit would expand its range of voyages this autumn with new weekly trips visiting Italy from October 17.

16 Sep
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UK invests in Frontier IP's Nandi Proteins business

The UK government has invested £360,000 in Frontier IP's portfolio company Nandi Proteins to support its efforts to replace chemical additives and fat in processed foods.

16 Sep
Accesso Technology Six Flags
Accesso Technology trades better than expected despite lower revenues

Technology solutions provider Accesso said on Wednesday that recent trading had been better than expected after more venues using its products reopened following Covid-19 lockdowns.

16 Sep
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Galliford Try losses widen due to Covid but sees return to profitability

Construction company Galliford Try said on Wednesday that full-year losses widened due to the coronavirus lockdown, but reinstated its financial guidance and said it expects to return to profitability in FY21.

16 Sep
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Redrow profits slump, but sees dividends back in 2021

Full year profits at house builder Redrow slumped by 66% due to the coronavirus pandemic, although reservations rose in the first 11 weeks of the new fiscal year and it expected to resume dividend payments in 2021.

16 Sep
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Steppe Cement earnings rise even as sales slide

Steppe Cement reported a 2% decline in sales in its first half on Wednesday, to 0. 76m tonnes, as its consolidated turnover in Kazakhstani tenge slipped 3% to KZT 13. 68m.

16 Sep
TT Electronics falls after questions about Covid-19 test

TT Electronics shares fell after the Financial Times raised questions about a Covid-19 test whose supposedly groundbreaking features had caused the company's value to jump.

16 Sep
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Sunrise Resources gets last of three permits for Nevada's CS Project

Sunrise Resources announced on Wednesday that the air quality operating permit (AQOP) for the operation of a mineral processing plant for its CS Pozzolan-Perlite Project in Nevada has been granted by the Nevada Division of Environmental Protection.

16 Sep
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Duke Royalty Q1 momentum carries over to Q2

Alternative capital provider Duke Royalty said on Wednesday that the "general upturn" in trading seen across its partners in the first quarter had continued into the second.

16 Sep
Inspiration Healthcare reaches £7m worth of NHS ventilator deliveries

Medical technology company Inspiration Healthcare updated the market on the status of ventilator deliveries to the UK National Health Service (NHS) on Wednesday, saying that in recent weeks, further deliveries were made with a value of £2m.

16 Sep
Countryside Properties results delayed as Covid-19 impacts audit process

Countryside Properties has pushed back the release of its full-year results, pinning the blame on the Covid-19 pandemic.

16 Sep
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Energean signs two new gas sales deals in Israel

Energean announced on Wednesday that Energean Israel, of which it owns 70%, has signed two new gas sales and purchase agreements which, combined, represent quantities of gas of up to 1. 4 billion cubic metres per year.

16 Sep
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ITM Power establishes strategic partnership with ScottishPower Renewables

Hydrogen energy solutions manufacturer ITM Power had established a strategic partnership aimed at creating new green hydrogen production facilities across Scotland.

16 Sep
Europe open: Inditex provides a boost as investors await Fed

European shares were again in positive territory at the start of trade on Wednesday with Zara owner Inditex boosting sentiment after reporting a return to profits.