London stocks were still treading water by midday on Wednesday, with investors sifting through a raft of corporate updates amid ongoing concerns about the Covid-19 crisis.
Industrial production across the eurozone continued to improve in November, official data showed on Wednesday, beating consensus expectations.
AIM-listed food ingredients business Real Good Food said on Wednesday that while the near-term outlook remains challenging due to the Covid-19 pandemic, it is confident about the future following improved third-quarter trading.
David Barclay, one of the twin brothers who own the Telegraph newspapers and sold the London's Ritz hotel in 2020, has died aged 86 after a short illness.
Shares in French grocery giant Carrefour soared on Wednesday after news that Canada’s Alimentation Couche-Tard had made a friendly approach on a potential merger.
Telefonica shares surged on Wednesday after the Spanish telecommunications company agreed to sell its telecommunications towers in Europe and Latin America to American Tower for €7. 7bn in cash.
Online fashion retailer Asos said on Wednesday that full-year 2021 pre-tax profit is set to be at the top end of current market expectations following a strong performance in the last four months of the year.
M Winkworth reported a "strong" close to 2020 on Wednesday, despite the market upheaval caused by the Covid-19 pandemic, and said momentum had continued into the current year.
Analysts at Berenberg raised their target price on mining company Kenmare Resources from 390. 0p to 460. 0p on Wednesday after the group's fourth-quarter earnings topped estimates.
Deutsche Bank downgraded miner Rio Tinto to ‘hold’ from ‘buy’’ on Wednesday following a "powerful" re-rating in recent months.
STV Group said it expected annual operating profit and net debt to be well ahead of expectations after regional and digital advertising rose strongly in the second half.
JPMorgan Cazenove downgraded its stance on shares of molten metal flow engineer Vesuvius on Wednesday, to ‘neutral’ from ‘overweight’, following a strong recovery in the share price.
Markets in Asia finished in a mixed state on Wednesday, as investors kept tabs on the latest developments in the ongoing global Covid-19 pandemic.
Videogames developer Frontier Developments said on Wednesday that year-to-date trading was ahead of original expectations.
A strong market performance helped wealth management firm Charles Stanley report better-than-expected quarterly numbers on Wednesday, sending its shares higher.
Just Eat Takeway's revenue rose by more than half in 2020 after UK delivery orders jumped but the company warned it would have to invest heavily to maintain momentum.
Gambling firm William Hill said net annual revenue fell 16% to £1. 32bn, reflecting the impact of betting shop closures during the Covid-19 pandemic.
Online retailer Sosandar reported improved third-quarter revenues on Wednesday despite fresh lockdown restrictions forcing it to slash its marketing budget.
London stocks were little changed in early trade on Wednesday, with investors sifting through a raft of corporate updates amid ongoing worries about the Covid-19 crisis, and ahead of a vote on US President Donald Trump’s impeachment.
European shares were subdued on Wednesday with a profit warning from Danish wind farm developer Oersted and worries over the rise in Covid-19 cases dragging on sentiment.