Latest News
US open: Stocks slightly higher ahead of FOMC minutes
Wall Street stocks opened slightly higher on Wednesday as market participants awaited details from the Federal Reserve's latest policy meeting.
UK Oil & Gas gets drilling permission for Turkey's Basur-3
UK Oil & Gas announced on Wednesday that the Turkish Ministry of Energy and Natural Resources has granted UKOG Turkey and Aladdin Middle East formal consent to drill the Basur-3 appraisal well on the Resan licence.
HSBC moves 1,200 staff to permanent home working - report
HSBC is switching more than 1,200 of its UK employees to permanent home-working in a further sign of companies locking in changes to work patterns wrought by the pandemic.
Wynnstay Properties portfolio valuation grows year-on-year
Property investment group Wynnstay Properties said on Wednesday that a recent valuation undertaken on its properties had revealed an increase of 5. 8% year-on-year.
Petrofac extends banking facilities, says net debt will be better than expected
Petrofac shares surged on Wednesday after the oilfield services provider said it has extended $700m of its banking facilities and that net debt is set to be better than expected.
JP Morgan restarts Aviva at 'overweight', raises estimate for share buybacks
Analysts at JP Morgan restarted their coverage of Aviva at 'overweight' after it successfully completed its disposal programme, which led them to bump up their estimates for the life insurer's earnings per share and share buybacks.
Intercede ends year in line with expectations
Digital identity and mobile security company Intercede is expecting revenues for the year ended 31 March to be around £11m, it said on Wednesday, in line with market expectations and about 6% higher than the previous financial year.
Phoenix Copper lays out plans, contracts for 2021 drilling
North America-focussed base and precious metals explorer and producer Phoenix Copper announced on Wednesday that Alford Drilling, formerly AK Drilling, of Elko, Nevada has been awarded the contracts for the 2021 Navarre Creek reverse circulation and the Red Star and Horseshoe diamond core drilling programmes.
Prosus to sell 2% stake in China’s Tencent
Dutch technology investment company Prosus said on Wednesday that it plans to sell a 2% stake in Chinese technology conglomerate Tencent worth around $15bn.
IronRidge begins drilling on Kineta North gold licence
Africa-focussed minerals exploration company IronRidge Resources has started drilling at the Kineta North gold licence in north-eastern Côte d'Ivoire, West Africa, it announced on Wednesday.
AstraZeneca jab concerns taken 'very seriously', UK adviser says
The UK is taking concerns about the Oxford/AstraZeneca vaccine and its potential link to blood clots "very seriously", a government adviser said ahead of expected updates from regulators.
Shell sees $200m hit from Texas snowstorms; oil unit to turn profit
Extreme weather in Texas during February was expected to hit Royal Dutch Shell’s first-quarter adjusted earnings by up to $200m, the oil giant said on Wednesday.
US pre-open: Futures flat after IMF upgrades global economic outlook
Wall Street futures were broadly flat ahead of the bell on Wednesday after major indices ended out yesterday's trading in the red.
Europe midday: Shares slip off highs as investors take pause
European stocks slid from record highs and into negative territory as investors paused to evaluate continental survey data.
Fox in legal dispute with Flutter over FanDuel stake
Flutter Entertainment confirmed on Wednesday that it is in a legal dispute with Fox Corp over its option to buy an 18. 6% stake in US sports betting group FanDuel.
London midday: Stocks maintain gains on recovery hopes, services data
London stocks were still firmly in the black by midday on Wednesday, with sentiment underpinned by recovery hopes and an encouraging reading on the services sector.
Vaccitech files for IPO in US - report
Vaccitech, the biotech startup that owns technology behind the Oxford/AstraZeneca vaccine, has filed for an initial public offering in the US, the Financial Times reported.
Britons spend £150m more on Easter confectionery - NielsenIQ
People in the UK spent around £150m more on chocolate during the past Easter holidays than in 2020.
Top mental health official calls for gambling firms to fund addicts' treatment
Head of mental health in England, Claire Murdoch, said on Wednesday that gambling firms should fund treatment for gaming addicts.
UK Deliveroo workers strike over pay, conditions
Workers at delivery firm Deliveroo have gone on strike in a dispute over pay and conditions, their union said on Wednesday.