Latest News
Ryanair wins cases against Portuguese, Dutch state aid
Ryanair won partial victories in its campaign against state support for rival airlines when the EU's second-highest court ruled against €4. 6bn (£4bn) of aid to Portuguese and Dutch carriers.
European Metals upbeat on locked-cycle tests at Cinovec
European Metals Holdings announced the results of locked-cycle testwork, a metallurgical processing assessment conducted on ore concentrate, extracted from its flagship Cinovec lithium project on Wednesday.
Randall & Quilter receives approval for Irish acquisition
Insurance firm Randall & Quilter has received regulatory approval from the Central Bank of Ireland to complete its acquisition of Electric Insurance Ireland DAC, a wholly-owned captive insurer of Electric Insurance Company.
Adnams reports good bookings as lockdown eases
Adnams said demand for its products remained encouraging and that it had seen good levels of bookings after the Covid-19 lockdown had a severe effect on revenue in the first half.
JP Morgan sees 'opportunity' in LSE Group shares, moves back to 'overweight'
Analysts at JP Morgan moved to an 'overweight' rating for shares of the London Stock Exchange Group, telling clients that recent share price weakness represented an "opportunity".
Dunelm sees annual profit 'significantly' ahead of market views
Homeware retailer Dunelm said on Wednesday that annual pre-tax profit is set to be "significantly" ahead of analysts’ expectations following a strong performance in the five weeks since reopening.
Target gains $1bn market share as earnings beat forecasts
Target said it gained $1bn (£707m) of market share in the first quarter as the US retailer reported forecast-beating earnings.
EU agrees to ease travel restrictions on non-EU visitors for summer season
European Union countries agreed on Wednesday to ease Covid-19 travel restrictions on non-EU visitors ahead of the summer tourist season, two EU sources said according to Reuters.
US pre-open: Major indices firmly in the red as tech sell-off continues
Wall Street stocks were firmly in the red ahead of the bell on Wednesday amid another round of selling in the tech sector.
Funding Circle sees strong start to the year, shares jump
Shares in Funding Circle rallied on Wednesday, after the lending platform upped its interim profit forecasts.
ECB says financial stability risks 'elevated', notes 'exuberance' in crypto-assets
Financial stability risks in the euro area remain "elevated" even as it exits the pandemic and are now most concentrated in those sectors and countries hit hardest by Covid-19, the European Central Bank said.
Keller on track as global markets start to pick up
Keller Group left its full-year forecasts unchanged on Wednesday, after forex headwinds and adverse weather were offset by improving market conditions.
London midday: Stocks drop amid inflation concerns
London stocks were firmly in the red by midday on Wednesday amid worries about rising inflation, after the release of the latest UK reading.
Europe midday: Shares extend losses on inflation worries
Inflation jitters saw European stocks slide further at midday on Wednesday, after a weaker Wall Street performance overnight and news that UK consumer prices had more than doubled in April.
Europe open: Shares fall as inflation jitters hit markets
Inflation jitters once again gripped European stocks at the open on Wednesday, after a weaker Wall Street performance overnight and news that UK consumer prices had more than doubled in April.
Asia report: Most markets weaker on quiet trading day
Most markets in Asia closed weaker on Wednesday, with Australia’s main board sliding almost 2%, on a relatively quiet day in the region.
Earnings upgrades will offset inflation concerns, Barclays says
The market rally has weakened but upgrades to earnings will help European equities withstand concerns over monetary policy and inflation, Barclays said.
UK house prices rise at fastest rate in over 13 years
The UK housing market continued to boom in March, official data showed on Wednesday, after house prices rose at their fastest pace since mid 2007.
Crypto market value drops $280bn in one day as bitcoin sell-off continues
Around $279. 65bn was wiped off the entire value of the cryptocurrency market in the last 24 hours as of 0118 BST as bitcoin continues a sell off that started on 12 May.
Ban Ki-moon warns 'world is standing on the precipice' of multiple crises
Former UN Secretary-General Ban Ki-moon said that the world was facing multiple potential disasters and urged global leaders to work on the UN's Sustainable Development Goals in the coming decade.