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'Information asymmetry' drives huge price swings in cryptocurrencies
New research has found informed traders and investors’ information asymmetry could be driving huge price changes in cryptocurrencies.
US close: Markets finish lower as sentiment sours
Wall Street swung into negative territory by the close on Wednesday, as investors thumbed over the latest reading on inflation and earnings from the likes of Macy's and Blue Apron.
Mueller reportedly seeking more info on Farage
Special counsel Robert Mueller is seeking more information about former UKIP leader Nigel Farage for his investigation into Russian interference in US politics, the Guardian reported, citing a target of the inquiry who expects to be criminally charged.
Senior Tory Brexiters may push for 'no-confidence' vote, reports say
Some senior Tory Brexiters are reportedly pushing for an immediate 'no-confidence' vote against the Prime Minister.
AB Dynamics revenues and profits grow as ADAS demand increases
Automotive industry supplier AB Dynamics saw both revenues and profits increase in its last trading year as demand for its more complex Advanced Driver Assistance System equipment rose.
Europe close: Stocks slip amid Italian budget squabbles
Stocks on the Continent finished lower across the board on Wednesday after the Italian government stuck to its deficit targets for next year, despite opposition from the European Commission, and following the release of a mixed set of data on China's economy overnight.
London close: Stocks dip ahead of Cabinet decision
London stocks dipped on Wednesday, reversing an afternoon foray into positive territory, with traders goosing Sterling higher ahead of the Cabinet's expected decision regarding the Prime Minister´s Brexit proposals which was expected later in the day.
Broker tips: Direct Line, Micro Focus, Rio Tinto
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.
Renold's profits gear up after output issues tackled
Shares in Renold climbed on Wednesday after interim profit “improved significantly” following “good progress” in tackling issues that hampered last year’s results.
Thursday preview: Cabinet talks, Fedspeak in focus
The spotlight on Thursday will be on the Cabinet's decision regarding the Prime Minister's proposed Brexit deal, even as investors attempt to calculate the chances that it will pass muster in Parliament.
Sector movers: Electricity up, oil engineers down
Electricity and telecoms were the livewire sectors on Wednesday, while oil engineers were on the rocks.
US should hike foreign investment to curb China influence, says Congress report
A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.
Director dealings: Crozier ups Whitbread stake as Premier Inn prepares German expansion
Whitbread chairman Adam Crozier purchased 2,000 ordinary shares in the FTSE 100-listed Premier Inn operator.
US open: Positive open on the Street following in-line inflation report
Wall Street trading began on a positive note on Wednesday as investors thumbed over the latest reading on inflation and earnings from the likes of Macy's and Blue Apron.
US 'core' October CPI falls short of analysts' forecasts
Inflation in the US accelerated as expected last month, pushed higher by increased energy costs, but underlying price pressures were more modest than economists had anticipated.
FOBT stake cut moved back to April after government U-turn
The government announced on Wednesday it was making a U-turn and the implementation of changes to reduce the stakes of fixed-odds betting machines will be brought forward to next April, instead of October as had been planned.
Next could become 'online marketplace of choice', says HSBC
Next is "well placed" to manage the retail sector's structural shift to online and with strong cash flow driving share buybacks, HSBC upgraded its rating on the stock to 'buy' on Wednesday.
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.
FTSE 250 movers: Car dealers drive higher while Aggreko powers down
London's FTSE 250 was up 0. 48% at 19,076. 77 in afternoon trade on Wednesday, as automotive retailers were boosted by the UK car market's strong third quarter performance.
Ministers urged to impose cutbacks to HS2 as costs surge
Ministers are being urged to impose cutbacks to the HS2 railway infrastructure project after a report warned that costs were well over those for comparable schemes in Europe.