Market Report
10 Jan
Wall street america US USA signs
US close: China, NAFTA worries end six day winning streak

Wall Street ended six straight days of gains on Wednesday as shares fell on reports that China might cut US government debt purchases and US President Donald Trump would end the NAFTA agreement.

10 Jan
1euro
Europe close: Stocks mixed amid resurgent bond yields

European stocks finished the session in mixed fashion amid a jump in the euro's value and sharp gains in German government bond yields.

10 Jan
chemring, defence, plane, aerospace
Berenberg initiates coverage on Chemring with 'buy' rating

Analysts at Berenberg initiated coverage on small-cap defence company Chemring on Wednesday, giving it a target price of 211p and issuing it a 'buy' rating.

10 Jan
Night tube/underground, London
London close: Stocks mixed amid retailers' updates, banks wanted

London stocks finished on a mixed note on Wednesday, as investors digested the latest reading on industrial production, with retailers in focus again following updates from Sainsbury’s, Ted Baker and Superdry.

10 Jan
Thursday preview: Updates from Tesco, Marks & Spencer, Boohoo and Barratt

Thursday is going to be the busiest day of the new year corporate rush, with post-Christmas updates from retailers including Tesco, Marks & Spencer and Boohoo, plus housebuilder Barratt and recruiter Hays.

10 Jan
c-series-bombardier-cs100-les-usa-imposent-220-de-droits-de-douane-sur-le-cseries-de-bombardier
Unite claims Westminster has not done enough to help Bombardier in Boeing dispute

Trade union Unite warned the UK government on Wednesday that it was "raising the white flag" without much of a fight to save Bombardier jobs put at risk by the Canadian firm's ongoing spat with Boeing, demanding an urgent meeting between itself and the new secretary of state for Northern Ireland, Karen Bradley.

10 Jan
London Stock Exchange, markets, traders, trading, City, shares
Director deals: Sirius Real Estate boss collects over £100,000 from share sale

Andrew Coombs, chief executive officer of commercial property development group Sirius Real Estate, disposed of 166,000 ordinary shares in the company on Wednesday.

10 Jan
burbujachina
US open: Banks jump again as bond yields continue advance

Wall Street is trading on the back foot after a report that China might be mulling not buying US government debt sent longer-term Treasury yields to their highest in almost a year.

10 Jan
astrazeneca
AstraZeneca secures European approval for asthma drug

Biopharmaceutical company AstraZeneca has received approval from the European Commission (EC) for its asthma medicine Fasenra.

10 Jan
Christmas, oxford street, shopping, retail, London
FTSE 250 movers: Superdry, Ted Baker feel both sides of fashion's fickle hand

Shares in trend fashion outlet Superdry were distinctly out of favour on Wednesday despite reporting booming online sales over the Christmas period.

10 Jan
shot injection arm medical drug pharmaceutical
Hikma downgraded by Jefferies on turnaround challenges

Hikma Pharmaceuticals is likely to disappoint with its outlook for the coming year, Jefferies analysts feared, downgrading the drugmaker to 'underperform'.

10 Jan
factory, factories, manufacturing, manufacturer
Companies bemoan UK suffering 'critical' skills shortage

UK firms are finding it harder than ever before to find skilled workers, with nearly three-quarters of the services industry struggling to recruit the employees they need.

10 Jan
London Stock Exchange AIM LSE shares
LSE sees no material impact from US tax changes

London Stock Exchange said on Wednesday that changes to the US tax system are not expected to have a material impact on the group.

10 Jan
London Stock Exchange AIM LSE shares
FTSE 100 movers: Banks on the up but Taylor Wimpey drops after update

London's FTSE 100 was up 0. 1% to 7,741. 79 in afternoon trade on Wednesday, with banks leading the advance.

10 Jan
Plastic bag shopping
Plastic bag charge to be extended to all shops in the UK

The UK government policy of charging 5p for plastic bags used at large retailers is expected to be extended to small shops in the UK.

10 Jan
Gaming Realms signs partnership agreement with Health Lottery

AIM-listed Gaming Realms, a developer, publisher and licensor of mobile real money and social games, has signed a partnership agreement with the Health Lottery.

10 Jan
cobalto
Electric car makers face higher costs as Congo eyes higher cobalt tax

The Democratic Republic of Congo has taken the first steps towards hiking taxes on cobalt exports by more than double, a move that could potentially increase the cost of a key material used in electric car batteries.

10 Jan
Money cash dollars
Reports say China may slow US Treasury purchases, trade tensions cited

Longer-term US Treasury yields jumped to near their 2017-highs following a report that Beijing might be looking to slow or stop its purchases of American government debt.

10 Jan
europe germany map france uk britain spain
Europe midday: Stocks dip as euro jumps back, Bunds drop

European stocks are trading in mixed fashion amid a jump in the euro's value and sharp gains in German government bond yields.

10 Jan
Dixons Carphone, electrical retail
Carphone Warehouse hit with £400,000 fine over data security breach

Dixons Carphone's mobile phone retail arm Carphone Warehouse has been slapped with one of the largest fines ever issued by the Information Commissioner's Office (ICO) after one of the company's computer systems was compromised as a result of a 2015 cyber attack.