Market Report
CSIS chair in strategy sees risk of nuclear arms race in Northeast Asia
Anthony Cordesman of the Centre for Strategic and International Studies (CSIS) has warned media reporters and think tanks should be "a little more critical and interested in the facts," in light of recent sensationalist journalism regarding the ongoing tensions between North Korea and the United States.
Europe close: Dip in euro boosts stocks
Reports that European Central Bank chief Mario Draghi was not planning to signal a policy shift at a key conference next week weighed on the euro, in turn giving a lift to stocks across the Continent.
Maersk defies analysts with unexpected loss, yet shares gain
Danish transport and logistics group AP Moller Maersk saw its shares lift Wednesday after its chief executive Soren Skou, painted an optimistic future for the company.
US open: Wall Street resumes grind higher
Wall Street resumed its grind higher ahead of the release of the minutes of the US central bank's last policy meeting as - for the moment at least - worries around recent events on the Korean peninsula recede in the rear view mirror.
Target increases guidance after impressive second quarter
Target announced Wednesday it had earned $1. 23 per share in the second quarter of the year on reported revenues of $16. 43bn, a 1. 6% increase.
London close: Stocks hold onto early gains after jobs report
London stocks held on to Wednesday's early gains on the back of stronger-than-expected labour market data, fading geopolitical tensions and a rally for resources stocks.
Shell completes sale of stake in SADAF
Shell announced on Wednesday that it had completed the sale of its 50% share in SADAF, the company's joint venture with SABIC, following regulatory approval from the kingdom of Saudi Arabia.
WTI falls back as DoE reveals rise in weekly US oil output
US crude oil stockpiles fell sharply despite rising imports amid still high levels of refinery runs.
Thursday preview: Can Kingfisher and Hikma Pharma turn around fortunes?
Thursday will see results from two businesses trying to turn around fortunes after some difficult few months, in the case of Hikma Pharmaceuticals, or years, in the case of Kingfisher.
Bezant Resources aims for profits from Colombia licence in 3 months
Bezant Resources announced on Wednesday the start of commercial production from its FKJ-083 licence in the Choco province of Western Colombia and said it was expecting to reach operational profitability in the next three months.
Admiral lifts payout as injury claims costs put brake on profits
Admiral's profits for the first six months of the year were hit by the rising cost of personal injury claims after the government changed the payment calculation, though the insurer surprised some analysts by hiking its half-year pay-dividend.
Sage surges on UBS upgrade, though concerns remain
Accountancy and payroll software company Sage Group was on the receiving end of an upgrade to 'neutral' from UBS on Wednesday.
Asia report: Mixed session amid focus on China's banks and household debt
Asian stocks markets diverged on Wednesday morning, with Japan's Nikkei and several China-focused indices in the red but the Hang Seng and ASX both moving higher as North Korean tensions abated.
Credit Suisse reiterates outperform for Weir and Hunting after DoE data
Analysts at Credit Suisse reiterated their 'outperform' recommendations on shares of Weir and Hunting on the back of the latest "solid" official US data on well completions.
FTSE 250 movers: Balfour on firm footing; Hochschild losing its lustre
A sharp turnaround in interim fortunes propelled construction firm Balfour Beatty to the top of the midcap risers list on Wednesday.
FTSE 100 movers: Admiral less than ship-shape; Sage benefits from upgrade
Shares in insurer Admiral led the FTSE 100 fallers lost on Wednesday after the company said its interim profits had been hit by the rising cost of personal injury claims after the government changed the payment calculation.
US housing starts miss forecasts in July
The US housing market cooled last month with scant indication in the data that a turnout might be on the cards in the near-term, according to economists.
US pre-open: Stocks set for higher start ahead of Fed minutes
Stocks are expected to start the day on the front foot even as traders wait on the release of the minutes of the US central bank's last policy meeting and - for now at least - worries around recent events on the Korean peninsula recede in the rear view mirror.
Amazon hit by Trump broadside over tax, jobs
Shares in Amazon fell in pre-market trading after US President Donald Trump lashed out at the "great damage" the online retail giant was doing to the country's bricks and mortar retailers.
Europe midday: Report on ECB's Draghi boosts stocks
Reports that European Central Bank chief Mario Draghi was not planning to signal a policy shift at a key conference next week weighed on the euro, in turn giving a lift to stocks across the Continent.