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US close: Stocks end session lower amid cryptocurrency rout
Wall Street stocks closed in the red on Wednesday as tech stocks slumped amid a cryptocurrency rout.
Europe close: Stocks fall from record amid Bitcoin rout (and rally)
European stocks slid from record highs on Wednesday after the People's Bank of China and the European Central Bank took aim at cryptocurrencies, adding to an already modestly risk averse mood.
Thursday preview: US data, Easyjet in focus
The spotlight in financial markets will continue to be trained on the US where two closely-followed high-frequency economic indicators are due out.
London close: Stocks weaker on inflation, interest rate worries
London stocks closed below the waterline on Wednesday, amid worries about rising inflation after the release of the latest UK reading.
Rockfire reports 'strongly magnetic' drill targets at Copper Dome
Gold and base metal exploration company Rockfire Resources announced results from 3D processing of helicopter magnetic data at its wholly-owned Copper Dome porphyry project in north Queensland, Australia on Wednesday.
Science Group reports 'good start' to year across business
Science Group updated the market on its trading on Wednesday, reporting that all three of its divisions had a “good start” to the year.
Ncondezi still waiting for feedback on Mozambique project
Ncondezi Energy updated the market on the integrated Ncondezi 300MW coal-fired power project and coal mine in Tete, Mozambique on Wednesday, reporting that the company and its partners were still waiting formal feedback from Electricidade de Moçambique (EDM) and the country’s government, following submission of all agreed studies in December.
Broker tips: Royal Mail, C&C Group, Britvic
Analysts at Liberum raised their target price on Royal Mail from 480. 0p to 560. 0p on Wednesday but warned that the impact of an upcoming reduction to the working week was being underestimated.
Director dealings: Wickes chairman makes share purchase
Wickes Group revealed on Wednesday that chairman Christopher Rogers had acquired 31,741 ordinary shares in the FTSE 250-listed retailer.
FTSE 250 movers: Mitchells & Butlers drops; Future surges
London’s FTSE 250 was down 0. 5% at 22,223. 47 in afternoon trade on Wednesday.
Spotify to launch virtual concert series to fight against wide-scale venue shutdowns
Spotify is set to launch a new feature designed to provide a live-show experience remotely to try to help the struggling music industry and live music in particular.
UK government open to trade deal that removes tariffs on food
UK Prime Minister Boris Johnson said the country was open to a trade deal with Australia that would remove tariffs on food imports.
US open: Major indices fall as cryptocurrency slump weighs on tech stocks
Wall Street stocks were firmly in the red early on Wednesday as tech stocks slumped amid falling cryptocurrency values.
FTSE 100 movers: Ferguson rallies after results; miners slump
London’s FTSE 100 was down 1. 6% at 6,923. 47 in afternoon trade on Wednesday amid worries about rising inflation.
Chamberlin reports solid trading as it completes restructure
Castings and engineering company Chamberlin updated the market on its operations on Wednesday, reporting that the restructuring of Chamberlin and Hill Castings (C&H) and the integration of C&H and the Chamberlin head office was now completed, in line with expected cost savings.
Pfizer to open Covid-19 vaccine facility in Ireland
Pfizer is to begin producing a key ingredient for its Covid-19 vaccine at a facility in Ireland.
Liberum reiterates rating on Royal Mail
Liberum has reiterated its ‘hold’ rating on Royal Mail, but warned that the impact of an upcoming reduction to the working week was being underestimated.
Citi ups Britvic price target after results beat forecasts
Citi increased its price target for Britvic shares after the soft drinks group's first-half results beat expectations.
Litigation Capital agrees to finance Carillion dispute
Dispute finance provider Litigation Capital Management has entered into a new litigation finance agreement with certain Carillion entities, in liquidation, it announced on Wednesday.