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Asos, Boohoo, Asda ordered to green up their act
UK regulators have ordered Asda, Asos and Boohoo to avoid "greenwashing" environmental claims on the clothing they sell.
EZ consumer sentiment climbs to three-month high
Economic sentiment in the eurozone showed signs of improvement with a closely watched survey showing businesses were becoming more upbeat about future prospects.
Yen reaches weakest levels in 34 years
The Japanese yen plunged to its weakest level against the US dollar in about 34 years on Wednesday.
US pre-open: Wall Street stocks set for early gains
Wall Street futures were pointing to a higher open on Wednesday following three down days, albeit on dwindling trading volumes ahead of the Easter break.
H&M surges as Q1 results top expectations
Swedish fashion retailer H&M surged on Wednesday after posting better-than-expected results for the first quarter.
Asia report: Markets mixed as China's industrial profits rise
Asia-Pacific markets experienced mixed outcomes on Wednesday, as investors weighed in on recent economic data from China and Australia and reacted to significant currency movements.
JPMorgan puts IAG on ‘positive catalyst watch’ ahead of Q1 results
JPMorgan Cazenove placed shares of BA and Iberia owner IAG on ‘positive catalyst watch’ on Wednesday ahead of first-quarter results and following minor changes to estimates published yesterday.
Old Mutual reports solid growth in challenging market
Old Mutual reported notable growth in its results for 2023 on Wednesday, including a 14% increase in results from operations, reaching ZAR 8. 34bn (£349. 18m), and a 21% rise in adjusted headline earnings to ZAR 5. 86bn.
S4 Capital appoints new COO; revenues drop
Martin Sorrell’s S4 Capital appointed a new chief operating officer on Wednesday as it reported a drop in revenues as clients cut back on advertising spend.
Vanquis returns to profitability in second half
Vanquis Banking Group reported a significant second-half turnaround on Wednesday, as after recording a loss in the first half, its new management team implemented swift changes, resulting in an adjusted profit before tax of £30. 4m in the second six months of 2023.
SSE narrows full-year EPS guidance
SSE said on Wednesday that it was narrowing its guidance for full-year 2023/24 adjusted earnings per share, partly to reflect improved renewables output.
Sirius makes first UK acquisition in Gloucestershire
Sirius Real Estate announced a significant portfolio expansion on Wednesday, with the acquisition of Vantage Point Business Village in Gloucestershire.
Revolution Beauty lifts FY outlook
Revolution Beauty lifted its full-year outlook on Wednesday after continued strong trading.
Nick Roberts to step down as Travis Perkins CEO
Travis Perkins announced on Wednesday that Nick Roberts, who has served as chief executive officer for five years, would be stepping down from his role and from the board.
London open: Stocks nudge lower; Diploma surges on acquisition
London stocks nudged lower in early trade on Wednesday following a slightly weaker close on Wall Street.
Playtech on track for medium-term targets as FY beats expectations
Gambling software firm Playtech said on Wednesday that it was on track to meet its medium-targets after it performed ahead of expectations in FY2023.
CMC Markets sees FY operating income at top end of guidance
CMC Markets said on Wednesday that FY 2024 net operating income was set to exceed the top end of the previously-guided range of £290m to £310m as positive momentum continued into the fourth quarter after a strong performance in Q3.
BC Omega Holdco sells 50m shares in TI Fluid Systems in placing
Peel Hunt said on Wednesday that BC Omega Holdco sold 50m ordinary shares in TI Fluid Systems in a placing.
Diploma buys Peerless Aerospace, Travis Perkins CEO stepping down
London open The FTSE 100 is expected to open eight points lower on Wednesday, having closed up 0. 17% on Tuesday at 7,930. 96.
London pre-open: Stocks seen muted after slightly weaker US close
London stocks were set for a muted open on Wednesday following a slightly weaker close on Wall Street.