Market Pulse - Europe
EU legislators vote to punish Hungary over breach of core values
The European Parliament has voted to rebuke Hungary over alleged breaches of the European Union’s core values by the government of Prime Minister Viktor Orban.
FDA threatens crackdown to tackle 'epidemic' of youth vaping
The American food and drug administration threatened to move against e-cigarettes as youth vaping levels reach "epidemic proportion" on Wednesday.
Thursday preview: BoE and ECB in focus
All eyes will be on the Bank of England on Thursday, with recent better-than-expected readings on the gross domestic product and wages, alongside an apparently more optimistic tone around Brexit talks out of Brussels leading some observers to speculate that the next hike in Bank Rate might not wait until the end of 2019.
London close: Stocks jump on improved news on trade, rally in tobacco
London stocks shook off a profit warning from SSE, helped by news that the US is reaching out to Beijing before any decision on moving ahead with further trade tariffs is made and a sharp rally in tobacco stocks.
Cannacord trims target price for Cairn Energy
Analysts at Canaccord Genuity stood by their 'speculative buy' recommendation on shares of Cairn Energy following the explorer's latest set of interim figures.
Markets question bid speculation around Fevertree
Shares of Fevertree are trading lower after the FT's Alphaville poured cold water on speculation around a potential bid from US drinks giant PepsiCo.
Tesco to launch cut-price brand Jack's next week
Tesco is set to launch its discount chain Jack’s next week in a move to take on rivals Aldi and Lidl.
Europe midday: Threats of government instability trip up Italian stocks
Stocks on the Continent are holding slightly higher for the most part, but Italian shares are lagging their peers after one of the country's deputy prime ministers on Tuesday threatened "troubles" ahead for the coalition government if sufficient funds were not found to finance his party's campaign promise of a basic income for all Italians.