Latest News
New Fortress buys Hygo and Golar in $5bn spree
New Fortress Energy has agreed to buy Hygo Energy Transition and Golar LNG to expand in South America and gain liquefied natural gas shipping in deals with a combined value of $5bn (£3. 7bn).
Eco Animal Health gets marketing authorisations in US and Canada
Eco Animal Health Group announced on Wednesday that it has received marketing authorisations from the United States Center for Veterinary Medicine of the Food and Drug Administration (FDA) and from the Veterinary Drugs Directorate of Health Canada, for its ‘Aivlosin’ product.
Tritax Big Box chairman to retire in May
Tritax Big Box REIT said on Wednesday that Richard Jewson plans to retire as chairman of the company at the next annual meeting in May.
Wednesday broker round-up
IMI: Credit Suisse upgrades to outperform with a target price of 1,450p.
US CPI rises a bit more quickly than expected in December
The cost of living in the US rose a bit more quickly than expected at the end of 2020, mainly due to a jump in energy costs, although price pressures at the 'core' level remained subdued.
LSE takeover of Refinitiv approved by Brussels
The European commission has approved the London Stock Exchange's $27bn (£24bn) takeover of Refinitiv, clearing the way for a new data-to-clearing financial combination.
China races to meet climate goals with new green measures
China will invest in large-scale carbon capture projects and track methane emissions from coal and oil and gas extraction in a race to meet Beijing's new environmental goals and tackle climate change.
ECB's Lagarde slams lack of regulation on Bitcoin
The head of the European Central Bank called for global regulators to close off the 'loopholes' allowing Bitcoin to be used for 'funny business' such as money laundering.
Qualcomm to buy chip start-up Nuvia for $1.4bn
Qualcomm has agreed to buy chip start-up Nuvia for around $1. 4bn.
Cairn Homes announces strong order book
Cairn Homes's profit fell by almost two-thirds in 2020 because of the Covid-19 crisis but the Irish housebuilder said it had a strong order book going into 2021.
FCA to extend repossession ban until 1 April
The Financial Conduct Authority proposed on Wednesday to extend the ban on the repossession of homes of people unable to pay their mortgages due to the pandemic.
Johnson & Johnson Covid vaccine trial results due soon, NYT says
Late stage clinical trial results for Johnson&Johnson's Covid-19 vaccine may be published in two weeks' time, possibly paving the way for the approval of another shot to combat the pandemic and further boosting supplies.
TP Group considering sale of maritime engineering business
Defence and energy engineering company TP Group said on Wednesday that it has received expressions of interest for its maritime engineering business, TPG Maritime.
Touchstar expecting to report profitable outcome for 2020
Mobile data computing and services company Touchstar updated the market on its trading for 2020 on Wednesday, reporting that it was expecting a profitable outcome for the year.
Wey Education flags bumper year for turnover and profits
Wey Education said on Wednesday that trading in the first four months of its financial year had been “significantly” ahead of budget and market expectations.
Ryanair and Virgin Atlantic worst at refunding in 2020 - Which?
Ryanair and Virgin Atlantic were rated the worst airlines for customer service by clients who tried to get a refund after the pandemic impacted their travel plans in 2020, Which? said on Monday.
US pre-open: Futures lower ahead of CPI reading, impeachment vote
Wall Street futures had stocks opening lower ahead of the bell on Wednesday as the Covid-19 pandemic continued to spread across the States.
Morrisons breaks 10-pounds-an-hour barrier in latest pay rise
Morrisons is set to be the first UK supermarket to break the 10-pounds-an-hour-minimum barrier in its latest pay rise to workers.
Liontrust shares jump on strong inflows
Liontrust Asset Management shares rose after the fund manager posted strong inflows and an increase in assets under management.
Europe midday: Carrefour merger chat helps stocks tread water
European shares were struggling to find direction at lunch on Wednesday, with merger news involving French supermarket giant Carrefour countering negative sentiment around tightening Covid restrictions on the Continent.