French waste management company Suez said on Wednesday that it is in exclusive negotiations with Schwarz Group's environmental division PreZero about the sale of its waste-recycling and recovery businesses in the Netherlands, Germany, Luxembourg and Poland for an enterprise value of €1. 1bn.
London stocks nudged lower in early trade on Wednesday as investors digested a sharp decline in UK inflation and eyed the latest Federal Reserve rate announcement.
TUI has promised to refund all UK customers for holidays cancelled because of Coronavirus by the end of the month after the regulator stepped in.
Competitions organiser Best of the Best said on Wednesday that momentum seen at the tail end of its last trading year had carried over into the current one, resulting in a "strong" performance for the first four months of the year.
Exploration and production group IGas has acquired British deep geothermal heat projects developer GT Energy.
Plus500 said it was very confident about its outlook after momentum from the first half continued into the second half.
London open The FTSE 100 is expected to open 34 points lower on Wednesday, having closed up 1. 32% at 6,105. 54 on Tuesday.
Inflation plunged in August as the government's Eat Out to Help Out scheme cut the cost of restaurant bills, official figures showed.
Pfizer's phase three clinical trial for its Covid-19 vaccine candidate has encountered no safety problems even after over 12,000 volunteers had been administered a second dose.
London stocks were set to fall at the open on Wednesday as investors digest the latest UK inflation data.
Thomas Cook is being resurrected as an online-only travel business, exactly a year after the 178-year-old company ceased trading, stranding 150,000 holidaymakers abroad. The relaunch comes as the travel industry faces the worst tourism crisis since records began. World Tourism Organisation figures show that international tourist trips dropped by 65% during the first half of the year, an unprecedented drop. But Thomas Cook’s UK chief executive, Alan French, said the company was taking the “long view”.