Market Report
Mporium talks up performance of its tech at Samsung launch
Event-driven marketing technology firm Mporium Group announced on Wednesday that its proprietary IMPACT technology was used to deliver “high levels of performance” across the Samsung S9 phone launch campaign, as well as being part of further, ongoing campaigns for the global brand.
BT fined £77k after sending five million spam emails
BT has been hit with a £77,000 fine after sending almost five million spam emails to customers who had not given their consent for such marketing, it was revealed on Wednesday.
TfL unveils flash new London Overground trains
Transport for London took the wraps off its posh new London Overground trains on Wednesday, ahead of their anticipated entry into service on the suburban rail service in November.
32Red slapped with £2m fine for failing to protect a customer
The Gambling Commission has slapped a £2m fine on gambling business 32Red for failing to protect one of its customers.
Mirror owner wins approval for takeover of Express, Star newspapers
Daily Mirror owner Reach Plc has been given the all-clear for its takeover of the Express and Star newspapers from Northern & Shell by regulator Ofcom and the competition authority.
Europe midday: Bounce in stocks stalls after EU approves counter tariffs
Stocks are seeing a small bounce as investors wax hopeful that the worst scenarios will be averted on the international trade front.
Commons gears up for another 'meaningful vote' showdown
The much touted ‘Brexit showdown’ will take place on Wednesday at 1430 BST as The House of Commons vote on parliament’s role in the UK’s exit from the European Union.
Fatality at Serabi Gold's Sao Chico project in Brazil
Exploration and production company Serabi Gold on Wednesday confirmed the death of an employee at its Sao Chico Mine in Brazil.
Shell to offload Norwegian assets to Okea
Royal Dutch Shell has reached an agreement with Norwegian oil company OKEA to sell its stakes in the Draugen and Gjøa oil field to the Scandinavian firm for NOK 4. 52bn.
EU retaliates for US tariffs on aluminium and steel
The European Commission has responded to the US administration's levies on aluminium and steel, formally approving 'rebalancing measures' on €2. 8bn-worth of US exports of agricultural and manufactured goods.
Severfield pays out as cash swells in line with infrastructure demand
Structural steel manufacturer Severfield sees a stable market in the UK, predicting modest growth thanks to a good pipeline of potential future orders.
US pre-open: Stocks to rebound as investors put trade fears aside for now
US futures pointed to a positive open on Wall Street on Wednesday, with stocks set to rebound from heavy losses in the previous session as investors set aside their worries about a trade war between the US and China for now.
German producer price gains accelerate in May
Producer price gains in the Eurozone's largest economy accelerated in May on the back of higher gasoline prices.
When Berkeley chairman Pidgley acts 'markets should listen', analysts warn
When Berkelely's Tony Pidgley acts, history shows that markets should listen, analysts said after the housebuilder's chairman warned again that profits have peaked.
Herencia hunting for new board member after non-executive chairman resigns
Wednesday saw the resignation of Herencia Resources's non-executive chairman Peter Reeve, who will step down from his role with immediate effect.
Asia report: Markets stage recoveries as trade concerns linger
Markets in Asia finished broadly firmer on Wednesday, as bourses across the region rebounded from the sharp losses seen on Tuesday when investors reacted to the latest negative developments in the trade spat between Washington and Beijing.
Ford and Volkswagen in talks about strategic alliance
Carmakers Ford and Volkswagen have begun to explore a strategic alliance to strengthen both companies’ competitiveness and develop a range of commercial vehicles.
MySquar acquires Myanmar-based payments business
AIM-quoted social media platform MySquar launched a fundraising on Wednesday, shortly after agreeing to acquire MyPay Myanmar for £2m in cash and shares.
Cryptocurrencies suffer fall after South Korean exchange reports $32m coins stolen
Cryptocurrencies dropped after South Korean exchange Bithumb was hacked and $32m in coins were stolen, including Ripple tokens.
Labour says Bank of England remit should expand to target productivity
The Bank of England’s remit should be expanded to target productivity growth, the Labour opposition said on Wednesday.