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Director dealings: Primary Health Properties CEO ups stake
Primary Health Properties revealed on Wednesday that chief executive Harry Hyman had acquired 11. 48m ordinary shares in the FTSE 250-listed healthcare facilities investor.
One dead as pro-Trump mob storms US Capitol
One woman died and Washington was under curfew after a mob supporting US President Donald Trump stormed the Capitol building as lawmakers were certifying Joe Biden's election victory.
US close: Stocks mixed amid Georgia vote, Washington violence
Stocks on Wall Street finished on a mixed note on Wednesday, as the Democrats looked set to win both seats in Georgia’s run-off election to the Senate, while violence on Capitol Hill saw the official count of the Electoral College vote suspended.
Thursday preview: US services sector and jobs data in focus
The spotlight will continue to be on services sector data on Thursday, with a closely-followed survey reading due out.
Europe close: Bank and oil stocks pace gains
Bank and oil stocks led the way in Europe on Wednesday with all eyes on a potential clean sweep for the Democrats in the Georgia US senate runoffs.
London close: Stocks firmer as Democrats lead Georgia race, oil stocks rocket
London stocks closed well into positive territory on Wednesday, as investors bet that a Democrat-controlled Senate in the US would lead to further stimulus, while oil plays surged.
Broker tips: Standard Chartered, Vodafone, Greggs
Lower credit costs will boost Standard Chartered’s earnings more than investors expect, Jefferies said as it nudged up its price target for the bank's shares from 589. 0p to 594. 0p and restated its 'buy' rating on the stock.
Open Orphan wins another contract renewal with pharma major
Pharmaceutical services contract research organisation Open Orphan announced a further contract renewal with a major top-three global pharmaceutical client on Wednesday, extending its consultancy services to the end of December.
Share trading lost to EU won't return, City says - report
Share trading lost by London to European exchanges after the Brexit transition deadline is probably gone for good with more to follow, the industry told the Financial Times.
UK watchdog to investigate Nvidia's takeover of Arm
The UK’s Competition and Markets Authority will investigate US chip designer Nvidia’s $40bn acquisition of Cambridge-based Arm Holdings from Softbank Group.
FTSE 250 movers: Petrofac gushes higher, Greggs rallies after update
London’s FTSE 250 was up 1. 1% at 20,934. 22 in afternoon trade on Wednesday.
US bond yields advance with Democrats on cusp of taking Senate
Government debt markets in the US were under selling pressure in the middle of the week after Democrats clinched one of two run-off votes for the country's Senate, possibly giving control of the upper chamber of Congress to his party, possibly implying greater government spending and taxes down the line.
FTSE 100 movers: Banks rally amid rising bond yields; Bunzl hit by CS note
London’s FTSE 100 was up 3. 7% at 6,858. 40 in afternoon trade on Wednesday.
Gaming Realms awarded provisional licence in Michigan
Mobile-focussed gambling content developer Gaming Realms has been awarded a provisional iGaming supplier licence by the Michigan Gaming Control Board, it announced on Wednesday, as part of its strategy to increase its presence in the United States.
Rockfire Resources doubles potential footprint at Copperhead
Gold and base metal exploration company Rockfire Resources announced on Wednesday that its recent helicopter geophysical survey had doubled the footprint of potential copper mineralisation at its wholly-owned Copperhead porphyry project in North Queensland, Australia.
MTI Wireless Edge wins several significant orders
Communication and radio frequency technology company MTI Wireless Edge announced on Wednesday that its subsidiary MTI Summit has secured several significant orders from an existing customer totalling $1. 7m (£1. 25m), the majority of which would be delivered in the first quarter.
Lower credit costs to boost StanChart, Jefferies says
Lower credit costs will boost Standard Chartered’s earnings more than investors expect, Jefferies said as the broker nudged up its price target for the bank’s shares and restated its ‘buy’ rating.
UnitedHealth acquires Change Healthcare in cash deal
Health insurance firm UnitedHealth has reached a deal to acquire Change Healthcare for $7. 84bn in cash as part of an effort to bolster its portfolio of healthcare technology services.
US open: Stocks mixed as Democrats flip key Senate seat
Wall Street trading started on a mixed note on Wednesday as the Democratic Party flipped a key Senate seat.
US services sector PMI for December revised a tad lower
Services sector activity in the US slowed a bit more than expected at the tail end of 2020, the results of a survey revealed.