Market Report
Inmarsat wins business for Emirates' in-flight broadband
Inmarsat said Emirates will use its broadband service on 150 aircraft ordered from Boeing to hook up passengers with the internet.
PCE inflation should be allowed to run above 2%, Fed's Evans says
The US central bank should be willing to allow inflation to run moderately above its target and say so clearly, a top official said.
Fenner flies back into profit and eyes better 2018
Plastics manufacturer Fenner was pulled out of the red and bumped up its dividend 40% thanks to much strengthened order intake, which should mean the new year is better than the City was expecting.
Savannah Resources a step closer to full approval in Oman
Resource development company Savannah Resources announced the issuing of environmental operating permits for both the Mahab 4 and Maqail South mining licence applications in Oman by the Ministry of Environment and Climate Affairs on Wednesday.
Blue Prism expects EBITDA losses despite boasting 100% retention rate
Software company Blue Prism announced on Wednesday that the "strong sales momentum" seen in the first half of its trading year had continued into the second as it inked a total of 400 software deals, but noted it hadn't been enough to save it from an EBITDA loss.
Airbus clinches historic $50bn order
Airbus has clinched its largest ever order from Indigo Partners, the owner of four ultra low-cost carriers, at this year's Dubai Air Show, in what some commentators see as a vindication of that business model.
HSBC to cough up €300m to settle French tax evasion case
HSBC has been forced into settling legal action with French prosecutors to the tune of €300m over alleged tax evasion from its clients in the country.
Army seizes power in Zimbabwe but denies Mugabe coup
Zimbabwe is now under the control of the country’s military after the army seized power on Wednesday, but said they guaranteed the security of President Robert Mugabe.
Europe open: Airbus clinches historic order, pushing euro higher
European stocks have started the morning lower with some London-based traders referencing "diminished expectations" for US tax reforms and commodity price weakness as the catalysts for selling.
Crest Nicholson guidance disappoints but forward sales impress
Housebuilder Crest Nicholson reported solid growth in sales and selling prices and strong forward sales, though profits for the year may come in at the lower end of guidance.
Wizz Air signs up for another 146 next-generation Airbus aircraft
Central and Eastern Europe’s largest low-cost airline, Wizz Air Holdings, announced on Wednesday that following a competitive selection process, it has signed a memorandum of understanding with Airbus relating to the purchase of a further 146 Airbus A320neo family aircraft.
Bezant announces successful mining of Colombian asset
London-based exploration company Bezant Resources announced on Wednesday that it had successfully mined into the high-grade gold-platinum zones at its Colombian asset.
Carillion JV wins Middle East contracts
Beleaguered support services and construction company Carillion said on Wednesday that its 50:50 joint venture with the Zawawi family - Carillion Alawi - has been selected as the preferred bidder for the design and build of the New Sultan Qaboos Hospital in Salalah, the capital city of southern Oman's Dhofar province.
First half struggles drag GAME Digital to a loss
Video game retailer Game Digital posted a decline of 3. 6% in revenue for its full-year trading, as several challenges experienced in the first half carried over into the second and brought the group to a loss.
London open: Stocks edge lower ahead of jobs data
London stocks edged lower in early trade on Wednesday as investors eyed the release of the latest UK jobs data.
Walker Greenbank slides as it warns on profits
AIM-listed luxury interior furnishings group Walker Greenbank warned on Wednesday that full-year profits are likely to be around 10% below its expectations.
Experian highlights risks after Equifax security breach
Experian said risks from regulation and information security could rise after a massive data breach at rival credit monitor Equifax.
Cobham says trading in line with expectations
Cobham said trading in 2017 was generally in line with expectations after the aerospace and defence supplier issued a string of profit warnings and was forced to raise funds from shareholders.
Premier Foods squeezes out H1 profit thanks to strategic partnerships
Mr Kipling and Paxo owner Premier Foods squeezed out a profit in the first half of the year as revenue rose thanks to its strategic partnerships with Mondelez and Nissin.
Great Portland Estates confident in ongoing growth despite market uncertainty
Great Portland Estates reported a 1% improvement in its portfolio valuation in its first half results on Wednesday, with the value of its developments rising 1. 6% over the half-year.