Pandora Q1 revenues down 3.3pc amid weak consumer sentiment
Jeweller Pandora posted a 3. 3% decline in first‑quarter revenues on Wednesday, dropping to DKK 7. 11bn (£822. 44m) as softer consumer sentiment in North America and continued weakness across parts of Europe weighed on its performance.
Lufthansa sees strong demand despite Iran war; Plans fare hikes, cost cuts
German flag carrier Lufthansa held 2026 earnings guidance on Wednesday, saying it would hike fares and cut costs to mitigate the €1. 7bn impact of the Iran war on jet fuel prices.
FCA launches reviews into claims management practices
The UK’s Financial Conduct Authority has launched a review of the claims management sector amid concerns consumers are being "let down" by firms in ways that could be a result of potential misconduct.
AMD surges on stronger-than-expected Q1 performance
Chipmaker AMD delivered a stronger‑than‑expected set of first‑quarter results on Tuesday, with demand for artificial‑intelligence hardware continuing to drive rapid growth.
Orsted keeps guidance after solid Q1 profit growth
Ørsted kept its full-year guidance as it managed to grow first-quarter profits more than expected, though shares in the Danish wind farm developer dropped on Wednesday following a solid recovery so far this year.
UK service sector picks up but inflationary pressures mount
The UK service sector continued to grow in April, a closely-watched survey showed on Wednesday, despite the Middle East crisis causing a sharp spike in input price inflation.
Oil slides as US-Iran said to be closing in on one-page memo to end war
Oil prices slid on Wednesday following a report the US and Iran are close to reaching a deal to end the war.
Equinor shares slide on weaker-than-expected cash flow
Equinor shares fell sharply on Wednesday after weaker-than-expected cash flow overshadowed record production and its strongest quarterly profit in three years, as the Norwegian oil group benefited from surging energy prices linked to the Iran war.
Asia report: Kospi leads gains as oil prices retreat
Asia-Pacific markets rallied on Wednesday, tracking gains on Wall Street after oil prices dropped sharply and strong earnings lifted investor sentiment, while South Korea’s Kospi hit another record.
Zalando's AI push helps Q1 growth
Zalando reported stronger first-quarter growth on Wednesday, as the integration of About You and wider use of artificial intelligence helped lift sales, customer numbers and profitability.
Pawnbroker Ramsdens lifts full-year profit outlook, shares spark
Pawnbroker Ramsdens Holdings lifted its full-year profit outlook on Wednesday as it pointed to strength in the precious metals division but sounded a more cautious note about the forex segment.
Vanquis on track after first quarter profit
Vanquis Banking Group said on Wednesday that it remained on track to deliver a low double-digit statutory return on tangible equity for 2026 after reporting statutory profit in the first quarter and further growth in customer balances.
London open: Stocks rally, oil prices fall amid peace hopes
London stocks shot higher in early trade on Wednesday, while oil prices fell amid renewed hopes of a potential peace deal between the US and Iran.
Eurozone private sector contracts as services PMI hits five-year low
The eurozone economy slipped back into contraction in April, according to final estimates of S&P Global's monthly purchasing managers' indices, with rising prices and weakening demand painting a picture of stagflation.
Smiths News reports solid first-half trading performance
Smiths News reported a solid first-half trading performance on Wednesday, and said full-year results were expected to be in line with market expectations, supported by growth verticals, collectables and upcoming football-related demand.
Target Healthcare REIT reports further asset growth
Target Healthcare REIT reported further growth in net tangible assets and earnings in the March quarter on Wednesday, supported by inflation-linked rent reviews and asset management activity.
Georgia strength helps lift Q1 profit for TBC Bank
TBC Bank Group reported a 15% rise in first-quarter profit and declared a quarterly dividend on Wednesday, as strong performance in Georgia offset weaker profitability in Uzbekistan during a period of heightened global volatility.
Diageo toasts strong quarter, shares spark
Shares in Guinness-owner Diageo fizzed on Wednesday, after the drinks giant reported better-than-expected third-quarter growth, fuelled by strong demand across Europe and Latin America ahead of the football World Cup.
Wetherspoons warns on profits, cites higher costs
Pub group Wetherspoons warned on profits again on Wednesday as it pointed to higher costs.
China services activity unexpectedly grows in April - RatingDog
Services activity in China unexpectedly grew in April, according to a private survey released on Wednesday.