Market Report
US close: Markets finish lower as sentiment sours
Wall Street swung into negative territory by the close on Wednesday, as investors thumbed over the latest reading on inflation and earnings from the likes of Macy's and Blue Apron.
Senior Tory Brexiters may push for 'no-confidence' vote, reports say
Some senior Tory Brexiters are reportedly pushing for an immediate 'no-confidence' vote against the Prime Minister.
AB Dynamics revenues and profits grow as ADAS demand increases
Automotive industry supplier AB Dynamics saw both revenues and profits increase in its last trading year as demand for its more complex Advanced Driver Assistance System equipment rose.
Europe close: Stocks slip amid Italian budget squabbles
Stocks on the Continent finished lower across the board on Wednesday after the Italian government stuck to its deficit targets for next year, despite opposition from the European Commission, and following the release of a mixed set of data on China's economy overnight.
London close: Stocks dip ahead of Cabinet decision
London stocks dipped on Wednesday, reversing an afternoon foray into positive territory, with traders goosing Sterling higher ahead of the Cabinet's expected decision regarding the Prime Minister´s Brexit proposals which was expected later in the day.
Thursday preview: Cabinet talks, Fedspeak in focus
The spotlight on Thursday will be on the Cabinet's decision regarding the Prime Minister's proposed Brexit deal, even as investors attempt to calculate the chances that it will pass muster in Parliament.
US should hike foreign investment to curb China influence, says Congress report
A report from a US congressional commission recommends that Washington fund infrastructure in developing nations in order to counter Chinese financing deals.
Director dealings: Crozier ups Whitbread stake as Premier Inn prepares German expansion
Whitbread chairman Adam Crozier purchased 2,000 ordinary shares in the FTSE 100-listed Premier Inn operator.
US open: Positive open on the Street following in-line inflation report
Wall Street trading began on a positive note on Wednesday as investors thumbed over the latest reading on inflation and earnings from the likes of Macy's and Blue Apron.
US 'core' October CPI falls short of analysts' forecasts
Inflation in the US accelerated as expected last month, pushed higher by increased energy costs, but underlying price pressures were more modest than economists had anticipated.
Next could become 'online marketplace of choice', says HSBC
Next is "well placed" to manage the retail sector's structural shift to online and with strong cash flow driving share buybacks, HSBC upgraded its rating on the stock to 'buy' on Wednesday.
FTSE 100 movers: Micro Focus lifted by GS upgrade; miners retreat
London's FTSE 100 was up 0. 2% to 7,065. 70 in afternoon trade on Wednesday as investors awaited the outcome of Theresa May's Cabinet meeting.
FTSE 250 movers: Car dealers drive higher while Aggreko powers down
London's FTSE 250 was up 0. 48% at 19,076. 77 in afternoon trade on Wednesday, as automotive retailers were boosted by the UK car market's strong third quarter performance.
Marshall Motors expects to top record results
Automotive retailer Marshall Motor expects underlying pre-tax profits to come in ahead of its last trading year following the introduction of new emissions regulations.
DS Smith gets EU clearance for Europac acquisition
The European Commission has cleared packaging group DS Smith's proposed acquisition of Spanish rival Europac, which was announced back in June.
Hermes selects IMImobile technology for new parcel notifications strategy
Cloud communications software and solutions provider IMImobile announced on Wednesday that it has been chosen by parcel delivery firm Hermes, for the implementation of its new parcel notifications strategy as part of its ‘Digital Futures’ programme.
Maestrano confirms launch of 'potentially transformational' platform in US
Open cloud business integration platform provider Maestrano Group has now successfully gone live with a platform for an unnamed major US-based banking customer, it announced on Wednesday.
Plant Health Care enjoying success in Brazil with 'H2Copla'
Agricultural biological products provider Plant Health Care updated the market on the launch of ‘H2Copla’ (Harpin ab) in sugarcane in Brazil on Wednesday, reporting that it has now been applied on around 20,000 hectares of sugarcane since its 'soft launch' in February.
Lighthouse Group enters strategic relationship with Tavistock Investments
Financial advisory provider Lighthouse Group has entered into a strategic relationship with Tavistock Investments, it announced on Wednesday.
Totally manages 'good' rating across its Staffordshire NHS services
Out-of-hospital service provider Totally announced on Wednesday that its Royal Stoke Urgent Care Centre, part of the Vocare group, was recently rated as 'good' overall following an inspection by the Care Quality Commission.