Market Pulse
US close: Stocks drop amid renewed trade tensions
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.
Europe close: Basic resources stocks slide as trade tensions rise further
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 close: Stocks hit by trade worries
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.
Director dealings: Sareum chairman's wife ups stake
Susan Parker, wife of Sareum's chairman Dr Stephen Parker, purchased 609,756 ordinary shares in the firm on Wednesday.
Sector movers: Resources stocks rocked by trade worries
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.
Broker tips: Vodafone, Wetherspoons, Superdry
Broker Kepler Cheuvreux began coverage of Vodafone with a 'reduce' rating and a price target of 180p on the telecoms giant.
Indivior plunges on profit warning after launch 'friction'
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.
Market buzz: China mulling 'other ways' to retaliate against US
1614: Governor Carney to begin speaking at 1635 BST.
UK names offer best value in EU banking sector, says UBS
UBS sees European banking stocks offering fundamental value and picked Barclays and Lloyds Banking as its preferred UK picks.
WTI slips despite very large drop in weekly stockpiles
US crude oil stockpiles shrank at an accelerated pace last week as imports fell back sharply and distillate inventories jumped.
US open: Stocks shaky as Trump slaps extra $200bn tariffs on Chinese imports
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.
US producer prices jump past forecasts in June
Wholesale inflation in the US outpaced economists' forecasts in June, driven higher by dearer energy and services and hitting a six-year high.
GAN launches gaming products with NJ's Ocean Resort Casino
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.
Panther Securities disposes of Wimbledon Studios asset
London-listed property investment firm Panther Securities has completed the disposal of its freehold interest in Wimbledon Studios for £18m.
JD Wetherspoon has 'more to come', analysts reckon
There is "more to come" from JD Wetherspoon, reckons broker Peel Hunt as it upgraded the pub company on the back of a trading statement on Wednesday.
Tern surges following launch of Device Authority's healthcare security solution
Shares in AIM-listed investment firm Tern soared after the firm revealed one of its portfolio companies had officially launched its new healthcare internet-of-things security solution.
Griffin Mining subsidiary clears major hurdle in Chinese mine licence process
Griffin Mining announced on Wednesday that its Chinese operating subsidiary, Hebei HuaAo Mining Industry Company, has completed the “most important” phase in the granting of the new mining licence over Zone II of the Caijiaying Zinc-Gold Mine.
Telit Communications expecting decent revenue bump in first half
Internet of things (IoT) technology company Telit Communications issued a trading update for the six months to 30 June on Wednesday, reporting that group revenue was expected to be around $201m - an increase of 13. 2% year-on-year.
Hibernia offloads Dublin's New Century House for a decent return
Hibernia REIT announced on Wednesday that it has exchanged contacts to sell New Century House to a fund managed by Credit Suisse Asset Management Global Real Estate for €65. 3m.
Micro Focus begins to get to grips with HPE integration plan
Software product group Micro Focus International issued its interim results to 30 April on Wednesday - the second interims for its 18-month reporting period to 31 October - with a pro forma constant currency revenue decline of 8. 0% to $1. 97bn.