Full List Of Stories
FTSE 100 movers: Micro Focus lifted by GS upgrade; miners retreat
London's FTSE 100 was up 0. 2% to 7,065. 70 in afternoon trade on Wednesday as investors awaited the outcome of Theresa May's Cabinet meeting.
DS Smith gets EU clearance for Europac acquisition
The European Commission has cleared packaging group DS Smith's proposed acquisition of Spanish rival Europac, which was announced back in June.
Deutsche Bank downgrades Direct Line as claims inflation rises
Deutsche Bank downgraded its stance on Direct Line to 'hold' from 'buy' on Wednesday and cut the price target to 370p from 390p as it reduced its earnings estimates on the back of higher-than-expected claims inflation, resulting in greater compression in margins.
Liberum downgrades Rio Tinto as steel and iron ore prices falter
Iron ore indicators are looking "shaky" and steel prices are faltering, said Liberum, as it downgraded Rio Tinto to 'sell' from 'hold' and cut the price target to 3,350p from 3,600p.
Flybe puts itself up for sale as H1 profits slump
Budget airline Flybe said on Wednesday that it's putting itself up for sale as it posted a slump in first-half profits.
US pre-open: Stocks seen lower ahead of inflation data
US stocks looked set for a slightly weaker open on Wednesday as investors eyed the latest reading on inflation and earnings from the likes of Macy's and Cisco.
London midday: FTSE turns higher as pound drops ahead of May's cabinet meeting
London stocks had turned a touch higher by midday on Wednesday, boosted by a weaker pound as investors waited to see whether Theresa May can secure Cabinet backing for the draft Brexit deal she has agreed with the EU.
SSE posts 41% drop in interim profit; to create new renewable energy business
Energy group SSE posted a drop in interim profit on Wednesday as it announced the creation of a renewable energy business.
Speedy Hire profits rise as SME customers grow
Tools, equipment and plant hire services company Speedy Hire posted a surge in first-half profit on Wednesday amid strong growth in its SME customer numbers and revenues.
German economy contracts for first time since Q1 2015
The German economy shrank in the third quarter amid weaker exports, marking its first contraction since the first quarter of 2015, according to data released by Destatis.
Micro Focus rallies on Goldman upgrade
Micro Focus got a boost on Wednesday as Goldman Sachs upped the stock to 'buy' from 'neutral' and lifted the price target to 1,700p from 1,300p as it said the risk/reward is now skewed to the upside.
London open: Stocks drop as May faces cabinet showdown over Brexit deal
London stocks fell in early trade, with sterling little changed after Theresa May agreed the text of a draft withdrawal agreement with the EU.
Cobham backs FY expectations as it makes progress on turnaround
FTSE 250 aerospace and defence group Cobham said on Wednesday that it performed as expected in the first 10 months of the year, as it backed its overall expectations for 2018.
London pre-open: Stocks to drop as May faces cabinet showdown over Brexit deal
London stocks were set to fall at the open on Wednesday following a downbeat session on Wall Street, with Brexit firmly in focus after Theresa May agreed the text of a draft withdrawal agreement with the EU.