Stocks on Wall Street ended in the red on Wednesday amid escalating tensions between the US and China, after President Donald Trump followed through on his threat to slap tariffs on an additional $200bn of Chinese imports.
Investors were left trying to get their bearings after the White House ratcheted-up the stakes again in its running trade spat with China, just before the US President arrived in Brussels for a three-day summit of NATO leaders.
London stocks finished firmly in the red on Wednesday as trade tensions between the US and China ramped up a notch after Donald Trump followed through on his threat to slap tariffs on an extra $200bn of Chinese goods.
Susan Parker, wife of Sareum's chairman Dr Stephen Parker, purchased 609,756 ordinary shares in the firm on Wednesday.
British independent oil and gas company Savannah Petroleum on Wednesday confirmed the third consecutive discovery in its maiden exploration campaign in Niger’s Agadem Rift Basin.
Arbuthnot Banking Group on Wednesday appointed Andrew Salmon as chief executive of the group’s merchant banking company, Arbuthnot Latham & Co. , Limited.
Commodities-related sectors were generally the worst hit in London on Wednesday after President Trump whipped out his latest trade bazooka, with only two sectors in positive territory.
The focus on Thursday is likely to continue to be on the global trade front as well as the headlines coming out of the NATO leaders' summit in Brussels.
Broker Kepler Cheuvreux began coverage of Vodafone with a 'reduce' rating and a price target of 180p on the telecoms giant.
Indivior issued a profit warning due to a slower than expected launch of its new Sublocade product and changes in the US market for its main money-spinner, including challenges from a rival generic treatments.
1614: Governor Carney to begin speaking at 1635 BST.
UBS sees European banking stocks offering fundamental value and picked Barclays and Lloyds Banking as its preferred UK picks.
US crude oil stockpiles shrank at an accelerated pace last week as imports fell back sharply and distillate inventories jumped.
South African President Cyril Ramaphosa on Wednesday encouraged Nigerian President Muhammadu Buhari to sign a continent-wide free-trade deal.
Wall Street trading began with losses right after the bell on Wednesday amid escalating tensions between the US and China, after President Donald Trump said his administration would slap tariffs on an additional $200bn of Chinese imports.
Shares in AIM-traded Sunrise Resources were shining late on Wednesday after positive news from the Junction Copper-Silver-Gold Project area in Nevada, USA, in which it holds an interest.
Wholesale inflation in the US outpaced economists' forecasts in June, driven higher by dearer energy and services and hitting a six-year high.
Internet gaming software, services and online gaming content firm GAN announced on Wednesday the it has simultaneously launched both real money online gaming and simulated gaming for Ocean Resort Casino in New Jersey.
London-listed property investment firm Panther Securities has completed the disposal of its freehold interest in Wimbledon Studios for £18m.
London's FTSE 100 was down 1. 3% to 7,595. 63 in afternoon trade on Wednesday as trade war concerns intensified after Donald Trump followed through on his threats to slap tariffs on an extra $200bn of Chinese goods.