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London open: Stocks rally as investors eye Fed announcement
London stocks rose in early trade on Wednesday as worries about China's Evergrande eased, with all eyes on the latest policy announcement from the US Federal Reserve.
Europe open: Shares rally as Evergrande pledges bond payments
European stocks continued to rally at the open on Wednesday as Asian property developer China Evergrande said it would make some interest payments and gambling shares found favour after a £16bn offer for Entain.
Entain considering £16.4bn offer from DraftKings
Ladbrokes owner Entain said on Wednesday that DraftKings had made a £16. 4bn takeover proposal for the sports betting company.
Halma makes 'strong progress' in first half
Halma reported “strong progress” in its first half in a trading update on Wednesday, with its financial performance ahead of the board's expectations, while revenue growth and return on sales exceeded expectations and historic levels.
Flutter Entertainment settles Kentucky legal dispute
Flutter Entertainment said on Wednesday that a legal dispute with the Commonwealth of Kentucky has now been settled in full, as it updated investors on its Australian division, Sportsbet.
Oxford Biomedica swings to profit, Halma makes strong progress
London open The FTSE 100 is expected to open 59 points higher on Wednesday, having closed up 1. 12% at 6,980. 98 on Tuesday.
London pre-open: Stocks to rise ahead of Fed policy announcement
London stocks looked set to rise at the open on Wednesday as investors eye the latest policy announcement from the US Federal Reserve.
Wednesday newspaper round-up: Energy bills, Pret A Manger, BT, Evergrande
Ministers are considering ways to cut energy bills for the poorest households amid soaring gas prices as analysis suggests a typical low-income UK family will be £1,750 worse off by next April. On Tuesday Boris Johnson brushed away worries about a wider cost of living squeeze and shortages this winter, saying “Christmas is on”. But government sources said there were concerns, with discussions already under way about whether to extend or raise existing discounts on energy bills available to those on the lowest incomes, with prices set to rise by an average of 12-13% – or £139 a year – from October.