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Indivior dives after late profit warning
Drug company Indivior has reinstated its full year guidance, after withdrawing it in July due to uncertainty about court challenges from rivals.
Results round-up
Outsourcing provider Mitie Group saw its shares drop on Wednesday after the company said it still expected first half operating profits to be “flat to slightly down”.
Federal Reserve hikes rates, policy no longer described as 'accommodative'
The US central bank tightened policy further on Wednesday with policymakers describing economic growth and job increases since they last met in August as "strong".
US close: Stocks slip following upbeat remarks from Fed's Powell
Wall Street skidded lower on Wednesday as the Treasury yield curve flattened further in reaction to upbeat remarks from Fed chief Jerome Powell at the presser following the US central bank's policy announcement.
FX round-up: Pound dips after Fed, EM FX well-behaved
The pound finished the session slightly lower against the Greenback on Wednesday after Federal Reserve chief, Jerome Powell, delivered an upbeat message on the US economy.
Commodities: Energy slips on DoE data, India stops buying Iranian oil
Commodities were trading lower for the most part on Wednesday, despite the weak tone to the US dollar in the wake of the Federal Reserve's policy announcement.
Europe close: Stocks finish mostly higher ahead of US Fed
The focus in Europe continues to be on the running budget battles across the Continent, with the spotlight on Wednesday falling squarely on Italy, as investors waited for the US central bank's policy announcement scheduled for later in the day.
Thursday preview: Barrage of data expected in the US and Eurozone
The economic calendar is chock full of relevant economic data on both sides of the Atlantic.
FTSE 250 movers: The AA crashes while Card Factory gets well soon
London's FTSE 250 was down 0. 20% at 20,419. 67 in afternoon trade on Wednesday.
London close: Shares hold ground ahead of Fed call
London stocks had a lethargic Wednesday session, in line with most European bourses, as traders sat on their hands ahead of the Federal Reserve rates announcement later.
Broker tips: IAG, Kier Group, McCarthy and Stone
Higher fuel prices are one of several potential headwinds facing British Airways and Iberia owner IAG, making UBS more cautious on the group's outlook.
Futura Medical focused on 'excellent' developments as losses deepen
Pharmaceutical group Futura Medical on Wednesday reported an "excellent" first-half as it continued to make progress on the development of two of its main products.
WTI dips after weekly DoE oil inventory numbers
US oil stockpiles rose last week despite a drop in the country's net imports, helped by higher domestic production and a drop in refinery demand.
Chancellor announces Budget date of 29 October
Chancellor Philip Hammond said he will announce his autumn budget on 29 October, the first on a Monday for over half a decade.
Director dealings: Safecharge CEO cashes in £13m in Wednesday share sale
Safecharge International chief executive David Avgi sold 3,995,185 ordinary shares in the AIM-listed payments technology company on Wednesday.
Italian 2019 budget will reassure investors, Tria says
Italy's economy minister said on Tuesday Rome's 2019 budget law would reassure investors worried about the sustainability of the government's debt pile.
US open: Dow at all-time high as gains for IBM help to offset drag from Nike
Wall Street trading kicked off with some modest gains on Wednesday as a strong performance from IBM helped offset some early losses over at Nike.
Ryanair claims competitors organising cabin crew strikes
Ryanair has complained to the European Commission, claiming its competitors were partly to blame as industrial action forced the budget airline to cancel 8% of its flights on Friday.
Sector movers: Oil stocks slide despite strong prices, dollar hits miners
Oil producers and miners led an afternoon retreat on Wednesday, while drinks and cigarette companies were looking more perky.
Trifast reports solid revenue growth; weak pound pressures UK margins
AIM-listed Trifast reported “solid” revenue growth in the first five months of the year across all regions, although UK margins were still squeezed due to the Brexit-induced slump in the pound.