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Investec says Rio Tinto is preferred pick among diversified miners
Analysts at Investec reiterated their "preference" for shares of Rio Tinto among the diversified majors, despite the miner's "mixed" third quarter results.
London close: Stocks end higher as pound slips on August wage data
London stocks had pushed higher by the close on Wednesday, with the pound slipping back against the dollar following a brief pop higher, as investors digested the latest data on UK wages and unemployment.
FX round-up: Dollar on the front foot for fifth day, sterling lower after wage data
The greenback continued to strengthen on Wednesday as higher U. S. Treasury yields triggered a squeeze on investors who have been broadly bearish on the greenback in recent weeks, while the pound fell again as investors considered the latest wage data.
Commodities: Greenback continues to climb, gold on the backfoot
The US dollar extended a winning streak on Wednesday as the focus on upcoming changes to monetary policies in the US grew.
Europe close: Stocks end higher, focus on Fed and Spain
Stocks finished higher, buoyed by weakness in the single currency during the first part of the session and the continuing grind higher by the main market indices on Wall Street.
Brewdog launches yet another fundraising round
Scottish beer maker Brew Dog set itself the lofty ambition of becoming the world's biggest crowdfunded business in history after it formally announced its plan to raise as much as £50m.
FTSE 250 movers: Softcat roars after bumper dividend, Spire gleams
The FTSE 250 was up 0. 72% in afternoon trading on Wednesday as investors digested figures emerging on the labour market.
Conviviality CFO resigns
The chief financial officer of Conviviality, Andrew Humphreys, has tendered his resignation after three years at the company and will be succeeded by Mark Moran, the company reported on Wednesday.
Credit Suisse sees 'buying opportunity' for Merlin Entertainments
After Legoland operator Merlin Entertainments's profit warning sent its shares tumbling, Credit Suisse saw this new lower entry point as an opportunity to upgrade the shares from 'neutral' to 'outperform'.
Trinity Capital enters sale & purchase agreement for TCM with DB Realty
Investment banking firm Trinity Capital, on Wednesday, said it had entered into a sale and purchase agreement with DB Realty Limited to receive the equivalent of £1. 7m, while it extended the deadline for receipt of unconditional bids, regarding its auction of Trinity Capital Mauritius.
Iraqi government calls on BP to help develop Kirkuk's oilfields
Iraqi government officials urged oil giant BP to assist in developing oilfields in the disputed city of Kirkuk on Wednesday after Iraqi troops and state-sanctioned militiamen stormed through the area on Sunday.
Director dealings: Sniper Investments snaps up another 300,000 shares in MPO
Sniper Investments acquired 300,000 ordinary shares of Asian firm Macau Property Opportunities Fund (MPO) on 17 October at price of 170. 25p each.
Thursday preview: EU 27 summit, UK retail sales, Unilever update
On Thursday the European Union's main Brexit negotiator, Michel Barnier, will update EU 27 leaders on the current state of negotiations, while other financial diary items include UK retail data and results from Unilever.
Shanta Gold says due diligence for new credit facility still ongoing
Shanta Gold reported on Wednesday that Investec Bank's due diligence in relation to a bigger credit facility was still ongoing as it continued evaluating legislative changes in Tanzania.
Artilium opens new office in Germany
Telecommunications software and solutions provider Artilium announced the opening of a new office in Germany on Wednesday.
New US clients boost Eckoh in first half
Secure payment products and customer contact solutions provider Eckoh updated the market on its trading on Wednesday, for the six months to 30 September.
Spain's stance hardens as final deadline for Catalonia approaches
The Spanish government does not appear to be wavering in its ultimatum to Catalan separatists, as Mariano Rajoy’s Thursday deadline for clarification on the independence issue draws near.
FTSE 100 movers: IAG flies higher on Credit Suisse note; Reckitt retreats after results
London’s FTSE 100 was up 0. 4% to 7,548. 68 in afternoon trade on Wednesday as investors digested the latest UK unemployment and wages data.
US open: IBM soars, pulls Dow Industrials past 23,000
Gains for Big Blue on the back of its latest quarterly numbers have pushed the Dow Industrials clear of the 23,000 point mark with investors very much focused on the steady stream of corporate results coming out.
Government to crack down on 'unfair' landlord charges
A government proposal aimed at cracking down on "overpriced" service charges and "unfair" costs thrust onto renters and leaseholders in England was unveiled by Communities Secretary Sajid Javid on Wednesday.