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US close: Dow Jones extends winning streak
Wall Street stocks turned in a mixed performance on Wednesday as corporate earnings continued to dominate markets.
Sector movers: Aerospace and Defence, Pharma pace gains
London's main stock market gauges continued to push higher in the middle of the week, even as investors waited on the Bank of England's policy announcement on the following day.
Europe close: Stoxx hits fresh record as earnings impress
European stocks ended Wednesday's session with moderate gains, with the Stoxx 600 index hitting a fresh record, as a host of well-received corporate earnings, falling oil prices and an interest-rate cut in Sweden lifted investor sentiment.
Director dealings: Keywords Studios director makes share purchase
Keywords Studios revealed on Wednesday that non-executive director Don Robert had acquired 4,700 ordinary shares in the AIM-listed video game industry services company.
Thursday preview: Bank of England, China trade data in the spotlight
The Bank of England's latest policy decision will be front and centre on Thursday with quite a few economists - albeit not all - increasingly anticipating interest rate cuts sooner rather than later.
London close: Stocks rise further ahead of BoE decision
London’s stock markets closed with gains on Wednesday, bolstered by a dip in the value of the pound against both the dollar and the euro.
Broker tips: Frontier Developments, Centrica
Analysts at Berenberg hiked their target price on video game business Frontier Developments from 170. 0p to 300. 0p on Wednesday, stating the group's strategy was "showing signs of promise".
FTSE 100 movers: IAG flies higher; miners under the cosh
London’s FTSE 100 was up 0. 5% at 8,358. 04 in afternoon trade on Wednesday.
FTSE 250 movers: Wood up on bid rebuff; Renishaw slides after downgrade
FTSE 250 (MCX) 20,424. 70 0. 06%.
US open: Stocks mixed as earnings take centre stage
Wall Street stocks were in the red early on Wednesday as corporate earnings continued to dominate markets.
UK's CMA to investigate GXO's acquisition of Wincanton
The UK’s Competition and Markets Authority said on Wednesday that it was launching an investigation into GXO Logistics’ £762m acquisition of Wincanton, which completed at the end of last month.
Shell sells Singapore refinery to Glencore joint venture
Energy giant Shell has announced that it is selling its interest in Singapore's Energy and Chemicals Park, the company's largest petrochemical production and export centre in Asia Pacific.
Uber shares fall on first-quarter update
Shares in Uber Technologies fell sharply on Wednesday, after quarterly numbers disappointed.
Mike Ashley's Fraser close to tie-up with Ted Baker - report
Mike Ashley is reportedly close to securing a deal to become the new British partner of struggling UK fashion chain Ted Baker.
Puma sales inch higher on DTC surge
Puma's share price rose strongly on Wednesday after the sporting goods manufacturer delivered an in-line first-quarter performance, with surging direct-to-consumer (DTC) sales making up for weakness in wholesale, as the company reiterated its growth guidance for the full year.
Wood Group surges after rejecting £1.4bn takeover proposal from Sidara
Wood Group surged on Wednesday after saying it had rejected a 205p a share takeover proposal from Dubai-based engineering and consulting company Sidara, valuing it at more than £1. 4bn.
BNP Paribas searching for buyer for Strutt and Parker - report
BNP Paribas is reportedly looking for a buyer for Strutt and Parker, having bought the upmarket UK estate agent seven years ago.
AFC Energy chooses Illuming Power as manufacturing partner
Hydrogen power generation technology specialist AFC Energy announced the selection of North American manufacturer Illuming Power as its primary producer of fuel cell plates and stacks for its ‘S Series’ air-cooled platform.
Berenberg raises target price on Frontier Developments
Analysts at Berenberg hiked their target price on video game business Frontier Developments from 170. 0p to 300. 0p on Wednesday, stating the group's strategy was "showing signs of promise".
Higher costs weigh on earnings at BMW
Shares in Germany’s BMW Group came under pressure on Wednesday, after higher manufacturing costs weighed on quarterly earnings.