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FOMC says inflation largely 'transitory', some parts of markets 'frothy'
Policymakers at the Federal Reserve acknowledged the strengthening economy but continued to emphasise that risks to the outlook remained.
London close: Stocks positive ahead of Fed decision
Stocks in London finished in positive territory on Wednesday, as investors held their collective breath ahead of the Federal Reserve's policy decision stateside.
Europe close: Banks drive gains ahead of Fed meeting
European stocks were mostly higher on Wednesday even if a bit sluggish, as investors eyed news from the US Federal Reserve later in the day, with strong results from Deutsche Bank, Lloyds Banking Group and Santander boosting local markets.
Tesla accused of environmental violations in US and Germany
The US Environmental Protection Agency accused Tesla last week of failing to prove it is in compliance with federal emission standards for hazardous air pollutants.
Broker tips: IMI, 888 Holdings
Analyst at Berenberg raised their target price on flow control specialist IMI from 995. 0p to 1,485. 0p, stating the group was "quick off the mark".
Director dealings: Keywords director lowers stake
Keywords Studios revealed on Wednesday that non-executive director Giorgio Guastalla had disposed of 3. 0m ordinary shares in the AIM-listed firm.
Thursday preview: Apple, Royal Dutch Shell in focus
The market focus on Thursday will shift back to the latest earnings updates from US technology giants with Apple and Facebook both due to report after the close of trading on Wednesday.
DeepVerge to enter joint venture with China Resources
Environmental and life sciences artificial intelligence (AI) company DeepVerge has signed a non-binding memorandum of understanding with China Resources Environmental Protection Development , a wholly-owned subsidiary of China Resources, to enter into a joint venture for the manufacture, assembly and sale of environmental monitoring equipment.
President Energy makes progress at Estancia Vieja
South America-focussed production and exploration company President Energy updated the market on operations at the newly-drilled EV-1001 well on the Estancia Vieja field in Argentina’s Rio Negro province on Wednesday, reporting that it was drilled, logged and cased on time and on budget.
Dogecoin price rises after tweets from Elon Musk and Mark Cuban
Dogecoin 's price rose 20% in 24 hours on Wednesday to 32 cents after Tesla CEO Elon Musk and the owner of the Dallas Mavericks, Mark Cuban wrote a series of tweets.
US foreign trade surplus widens by more than expected in March
America's shortfall on trade with the rest of the world widened by more than expected last month, even as exports and imports recovered their levels from before the pandemic.
Image Scan still feeling Covid-19 impact
Security and industrial inspection x-ray technology company Image Scan said the impact of the Covid-19 pandemic was still being felt in its first half on Wednesday, but said there was a “sufficiently strong” order book and pipeline of new business for it to anticipate a stronger second half.
US open: Stocks mixed ahead of Fed policy decision
Wall Street stocks were mixed early on Wednesday following earnings from some big-name firms and ahead of the latest Federal Reserve policy announcement.
Boeing posts sixth consecutive quarterly loss
Aircraft manufacturer Boeing posted a sixth consecutive quarterly loss on Wednesday but stated it still expects to turn a profit in 2021.
Scientists devise sustainable way to remove microplastics from environment
Microbiologists have devised a sustainable way to remove polluting microplastics from the environment using bacteria.
Canaccord ups price target on 888
Canaccord Genuity has upped its price target on 888 Holdings after the gaming group reported a strong set of first quarter numbers.
AB Dynamics confident in delivering second half expectations
AB Dynamics reported an improved order intake across both of its divisions in its first half on Wednesday, compared to the second half of 2020, with a positive book-to-bill ratio giving it confidence in delivering on second half revenue expectations.
Biden to propose $1.8tn 'family plan' to Congress
President Joe Biden will mark his first 100 days in office by setting out a $1. 8tn (£1. 3tn) family support plan that would transform the role of the government in society, according to reports.
Frontier IP enjoys 'strong first half' of trading year
Intellectual property firm Frontier IP said on Wednesday that it had enjoyed "a strong first half" to the financial year, with the group's portfolio continuing to show "strong commercial and technical progress".