Latest News
US close: Stocks mixed as investors weigh data, Powell comments
US stocks finished mixed on Wednesday and were rangebound for most of the session as investors continued to pour over economic data and assess its impact on monetary policy.
Thursday preview: Fedspeak, U.S. jobs data in focus
America's central bank will continue to be front and centre on investors' minds on Thursday.
Europe close: Stocks edge higher as euro area inflation ebbs further
European stocks edged higher on Wednesday, as investors assessed how a surprise drop in inflation might affect the short-term outlook for interest rates.
Broker tips: Segro, GSK
Barclays has upgraded its rating on industrial real estate group Segro by two notches from 'underweight' to 'overweight' as part of its review of the European warehouse sector.
Director dealings: Airtel Africa non-exec keeps buying shares
Indian Continent Investment, a firm linked to Airtel Africa non-executive director Shravin Bharti Mittal, added to its stake in the telecommunications group ahead of the Easter break.
London close: Stocks reverse losses to finish slightly higher
London markets saw modest gains by the close on Wednesday, following Wall Street higher in afternoon trading.
US open: Stocks edge up after weaker-than-expected services print
Wall Street's main stock market indices moved quickly back into the green shortly after the start of the trading session, helped by modestly weaker-than- expected survey results for America's services sector.
GreenRoc secures exploration licence extension in Greenland
GreenRoc Mining announced on Wednesday that the Greenland government has approved the extension of its exclusive mineral exploration licence 2022-03.
FTSE 250 movers: IDS jumps on new proposals; Renishaw falls
London’s FTSE 250 was up 0. 1% at 19,728. 49 in afternoon trade on Wednesday.
US services activity dips in March, alongside slower price gains, ISM says
Activity levels in U. S. services failed to pick up last month as anticipated by economists, the results of a closely-followed survey showed.
FTSE 100 movers: Banks and miners gain; RS Group retreats
London’s FTSE 100 was down 0. 1% at 7,926. 24 in afternoon trade on Wednesday.
Duke Capital makes follow-on investment in New Path
Duke Capital announced a follow-on investment of £3. 85m into its existing capital partner, New Path Fire and Security, on Wednesday.
US private sector adds more jobs than expected in March - ADP
Private sector employment in the US rose more than expected in March, according to figures released on Wednesday by the ADP.
SDX starts drilling BMK-2 well in Morocco
SDX announced the start of drilling operations for the Beni Malek-2 well (BMK-2) in the Rharb Basin of Morocco on Wednesday, situated 1. 5 kilometres from the BMK-1 discovery well.
Genedrive shares jump on NICE test recommendation
Genedrive shares were surging on Wednesday, after it received a significant endorsement from the UK's National Institute for Health and Care Excellence (NICE) regarding its ‘CYP2C19-ID’ test.
Corero secures large contract renewal and expansion
Corero Network Security announced a substantial contract renewal and expansion with a prominent US software-as-a-service (SaaS) provider on Wednesday, marking one of its most significant transactions to date.
Time Finance expands its funding facilities
Specialist finance provider Time Finance announced a significant expansion of its asset finance facility in collaboration with the British Business Bank on Wednesday, under its ‘ENABLE’ funding programme.
Virgin Atlantic reports record revenue as losses narrow
Virgin Atlantic reported record total revenue of £3. 1bn in its 2023 results on Wednesday, up £265m year-on-year as the long-haul airline capitalised on demand for premium leisure travel and holidays.
Alpha Group lays out plans for main market listing
Alpha Group International affirmed its plan to seek admission to the Official List premium segment and trade on the main market of the London Stock Exchange on Wednesday.
London midday: Stocks stay down on US rate cut doubts
London stocks were still in the red by midday on Wednesday following a weaker close on Wall Street, amid growing doubts over US interest rate cuts following solid economic data.