Market Pulse
Shell expects to gain from Trump's US tax changes
Royal Dutch Shell said it expects changes to US tax law to benefit the company and its US operations.
London open: Stocks edge higher in quiet trade; IWG surges as it confirms bid approach
London stocks edged higher early on Wednesday, with trade expected to be quiet during the lull between Christmas and New Year, although there was some M&A news to keep things interesting.
Ascential buys Clavis for up to $219m
Business-to-business information company Ascential has bought e-commerce analytics group Clavis Insight for up to $219m.
IWG confirms takeover approach from Canada's Brookfield and Onex
FTSE 250 flexible office space provider IWG noted recent press speculation on Wednesday and confirmed that it has received an indicative proposal from funds managed by affiliates of Canada's Brookfield Asset Management and Onex Corporation regarding a possible cash offer for the company.
Great Portland Estates to sell 30 Broadwick Street for £190m
Great Portland Estates has exchanged contracts to sell 30 Broadwick Street to a client of Savills IM for a headline price of £190m, with completion scheduled for January.
Wednesday newspaper round-up: house prices, Boxing Day sales, Odey
House price growth looks set to judder to a halt in 2018 or at best manage a small below-inflation rise, as the twin spectres of Brexit and rising interest rates put the brakes on the property market. Following what some have called a lacklustre year, homeowners and those looking to sell in the coming months have been told to expect an underwhelming and subdued 2018, with a number of leading commentators predicting UK house prices will either stay flat next year or perhaps rise by 1% or so.
London pre-open: Stocks seen a little higher in quiet post-Christmas trade
London stocks were set for a slightly firmer open on Wednesday, with trade expected to be quiet during the lull between Christmas and New Year.