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Credit Suisse slides on warning of £1.3bn loss
Shares in Credit Suisse were sliding on Wednesday morning, after the banking giant warned of a loss of CHF 1. 5bn (£1. 32bn) as a result of wealth management outflows.
DiscoverIE shares surge on strong interims
Shares in electronics maker discoverIE Group surged on Wednesday as interim profits more than doubled.
Berenberg raises target price on Alpha FMC
Analysts at Berenberg raised their target price on specialist consultancy services provider Alpha Financial Markets from 480. 0p to 530. 0p on Wednesday following the group's interim results.
UK economy continues to falter as new orders tumble
The UK economy continued to struggle in November, a closely-watched survey showed on Wednesday, as the cost of living crisis weighed heavily.
Openreach to limit investment into ultrafast fibre broadband rollout
Openreach will limit its investment into the rollout of ultrafast fibre broadband across the UK as BT's networking unit looks to cut costs and get more "bang for its buck" as Britain continues to combat a red-hot inflationary environment.
ECB's working assumption is for inflation between 6-7% in 2023, De Guindos says
The European Central Bank's vice-president cautioned that inflation in the single currency block was expected to remain well above the monetary authority's inflation target over the course of the following year.
Eurozone manufacturing PMI rises to 47.3 in November
A flash reading of S&P Global's Eurozone manufacturing purchasing managers' index increased to 47. 3 in November from 46. 4 in October, above market forecasts for a reading of 46.
Higher interest rates knock LondonMetric
LondonMetric Property reported a slide into the red on Wednesday, despite a jump in rental income, after higher interest rates hit home.
Revenue, earnings fall as expected at Johnson Matthey
Johnson Matthey reported half-year results in line with expectations on Wednesday, with revenue falling 14% to £7. 33bn, as underlying sales rose 5% to £2bn.
Pets at Home interim profits fall as freight, energy costs rise
Pets at Home reported a drop in interim profit on Wednesday as energy and freight costs rose, but backed its full-year profit guidance.
HICL hails 'resilient' first half
HICL Infrastructure reported an increase in net asset value on Wednesday, following a "resilient" first half.
Bakkavor FY adjusted operating profits seen at 'lower end' of consensus
Food manufacturer Bakkavor cautioned on Wednesday that it expects full-year adjusted operating profits to remain within, but "at the lower end" of market expectations.
Halfords sees FY profits at lower end of guidance, shares tumble
Halfords warned on Wednesday that full-year underlying pre-tax profit was set to be at the lower end of its guidance range as it pointed to a "softening" in more discretionary areas of spending.
Rotork revenues rise in four months ended 30 october
Flow control equipment manufacturer Rotork said on Wednesday that revenues had grown 18. 6% year-on-year in the four months ended 30 October, with the group benefiting from higher selling prices and supply chain improvement measures.
De La Rue warns on profits, shares slide
Banknote printer De La Rue warned on Wednesday that full-year profits would miss consensus expectations as it said it swung to a half-year loss.
Europe open: Shares flat ahead of US Fed minutes
European shares were flat at the open on Wednesday as investors eyed minutes from the Federal Reserve's November policy meeting for any indication on the pace of future rate hikes and flash PMIs from the eurozone and UK.
London open: Stocks rise as investors eye Fed minutes
London stocks rose in early trade on Wednesday, taking their cue from positive US and Asian sessions, as investors eyed the latest readings on the UK manufacturing and services sector, and minutes form the Federal Reserve.
Manchester United owners looking at potential sale of club
UK football club Manchester United said it was exploring "strategic alternatives", including a potential sale by its US owners the Glazer family.
Coats holds full-year guidance, Britvic profits rise
London open The FTSE 100 is expected to open 20 points higher on Wednesday, having closed up 1. 03% on Tuesday at 7,452. 84.
Glencore, MAC amend terms on sale of CSA mine
Glencore and Metals Acquisition Corp (MAC) said they had agreed to amend terms on the sale of the CSA copper mine in Australia.