Market Report
Interserve among those monitored by government after Carillion collapse
News that Interserve was being closely monitored by the UK government after collapse into insolvency of contracting peer Carillion sent its shares tumbling on Wednesday.
House prices seen falling in early 2018 after December pickup - RICS
Surveyors reported a pick-up in house prices last month, though changes to stamp duties for first-time buyers had little to no immediate effect, according to a report released on Thursday.
Skanska to shift focus towards UK business
Swedish construction and project development company Skanska announced on Wednesday that it planned to shift its focus towards its business in the UK, laying off 3,000 of its employees across the globe as part of an effort to improve profitability following a strategic review initiated in 2017.
Bitcoin's 50% plunge and Ripple effect in cryptocurrencies rout
Bitcoin, Ethereum and other cryptocurrencies have plunged to four-week lows due to a loss of confidence sparked by regulatory proposals in South Korea and the unknown result of the expiry of initial futures contracts.
Results round-up
Cineworld reported a jump in full-year revenue on Wednesday as it announced a fully-underwritten rights issue to raise money to part fund its acquisition of US cinema chain Regal.
Ferrexpo margins to hit their high-water mark in 2018, Credit Suisse says
Credit Suisse boosted its target price for shares of iron ore miner Ferrexpo by well over a third on the back of the recovery in prices seen over the past year and after the pellet premium surprised to the upside.
Europe close: Stocks mostly lower despite dip in single currency
European stocks were mixed on Wednesday as inflation remained subdued and European Central Bank talk pushed the single currency lower.
Thursday preview: Results from AB Foods, Experian, Halfords, Royal Mail and Whitbread
Associated British Foods, Experian, Halfords, Royal Mail and Whitbread are among the big names reporting on what looks a busy Thursday for corporate news.
London close: Deals news fails to boost stocks
London stocks finished lower on Wednesday as Informa tumbled on news of a merger with UBM and weighed down by disappointing updates from the likes of Burberry and Pearson.
South32 posts mixed second quarter production
Australian metals and mining company South32 upgraded annual production guidance for its South African manganese operations on Wednesday but left its projections unchanged for all other minerals after a mixed second quarter.
FTSE 100 movers: Burberry out of fashion; Rolls-Royce motors on
London stocks were still in the red by midday on Wednesday, weighed down by disappointing updates from the likes of Burberry and Pearson, while Informa tumbled on news of a merger with UBM.
Heathrow to reveal proposal for shortened third runway in cost cutting exercise
Heathrow was set to unveil its new proposal for a shorter and cheaper third runway in an effort to push through its £15bn expansion plans.
US industrial production, capacity in use jump in December
Industrial production in the States surged ahead last month, boosted by sharply higher output from both mining and utilities.
US open: Stocks in the black as technology gains offset weak banks
US stocks rose in early trade on Wednesday as strength in the technology sector and a solid reading on industrial production helped to offset a fall in banking shares after quarterly updates from Bank of America and Goldman Sachs, as investors eyed speeches by Federal Reserve officials.
NAHB housing market index slips to 72 in January, as expected
Sentiment among US housebuilders deteriorated a little as expected in January, according to data released on Wednesday.
Rolls-Royce slims down to three business, eyeing commercial marine sale
Rolls-Royce may sell off its commercial marine business as part of a new restructuring that will see the group run in three operating divisions.
Director dealings: Sinclair Pharma director ups stake
Jeff Thompson, a non-executive director of aesthetics company Sinclair Pharma, purchased 200,000 ordinary shares in the group on Wednesday at an average price of 23. 1p each.
Gender pay gap costs British women £138bn each year
Women in Britain are being short-changed by £138bn per year when their earnings are compared to those of their male counterparts, according to data compiled by the Young Women's Trust.
Goldman Sachs posts first quarterly loss since 2011
US-banking giant Goldman Sachs beat Wall Street estimates with the release of its fourth-quarter profits on Wednesday, but sweeping tax code changes signed into law by the President in December dragged the group to its first quarterly loss in six years.
Australia lodges WTO complaint against Canada
Australia filed a trade complaint against Canada on Tuesday, accusing the North American nation of placing "discriminatory" regulations on the sale of wine imported from abroad.