London close: FTSE 100 hits new record as miners surge
The FTSE 100 jumped more than 1% on Wednesday as strong gains in the heavyweight mining and oil sectors powered the UK benchmark to a new record high.
T-Mobile reports strong customer adds, still below Wall Street forecasts
T-Mobile US reported industry-leading customer additions in the fourth quarter on Wednesday, but fell slightly short of Wall Street’s expectations for phone subscriber growth, as aggressive holiday promotions intensified competition across the US wireless market.
Europe close: Stocks manage gains as investors pore over US data
European markets rallied after midday on Wednesday to hit a fresh intraday high as investors digested US labour market data, a sharp cooling in Chinese inflation and domestic earnings updates.
Thursday preview: UK GDP, Unilever results in focus
Thursday sees the release of results from Relx, Ashmore, Unilever, Schroders and British American Tobacco, as well as the latest UK GDP figures.
Shopify shares drop on Q4 earnings miss
Shopify lost over a tenth of its market value on Wednesday despite the Canadian online retail platform operator reporting strong fourth-quarter revenues and announcing a $2bn share buyback, as earnings missed forecasts.
Broker tips: Flowtech Fluidpower, Mony Group, Future, EasyJet
Canaccord Genuity lowered its target price on industrial supplies firm Flowtech Fluidpower from 130p to 100p on Wednesday, even as it said the group was "unlocking European growth".
Gerresheimer shares plunge as results delayed, financial probe widens
Shares in German medical equipment maker Gerresheimer plunged on Wednesday - wiping more than a third off its value - after the company delayed its annual results and warned a probe into its accounts would impact earnings.
Oxford Biomedica extends ‘put up or shut up’ deadline as EQT talks continue
Oxford Biomedica said on Wednesday that the deadline for EQT to make a formal takeover bid has been extended amid ongoing preliminary discussions.
Director dealings: Victoria CEO snaps up shares
Victoria revealed on Wednesday that outgoing chief executive Phillip Hamers had acquired 92,108 ordinary shares in the London-listed floorings business.
US open: Stocks lower as investors thumb over January's NFP figures
Major indices were in the red early on Wednesday as investors digested the Bureau of Labor Statistics' all-important January non-farm jobs report.
FTSE 100 movers: Miners rally as commodity prices recover; St James's Place slides
London’s FTSE 100 was up 0. 9% at 10,444. 18 in afternoon trade on Wednesday.
Lyft misses Q4 estimates as rider numbers underwhelm
Shares in ride-hailing platform Lyft tanked on Wednesday after fourth-quarter financials and customer numbers disappointed investors, while 2026 profit guidance and a new $1bn share buyback underwhelmed.
Pan African Resources says interim EPS set to surge
Pan African Resources said on Wednesday that it expects interim earnings per share to surge as it benefits from the rally in the gold price and higher production of the yellow metal.
Kraft Heinz to spend $600m in turnaround drive, pauses planned split
Kraft Heinz shares dropped sharply on Wednesday after the American food giant revealed it was pausing its planned separation, announcing a $600m investment to return to growth.
Mistral invests in Swedish infrastructure as annual revenues top $400m
Mistral, the French AI startup widely seen as Europe’s main competitor to ChatGPT maker OpenAI, revealed on Wednesday that its revenues have rocketed 20-fold over the past year.
Synthomer confirms it's considering capital raise, shares crater
Synthomer shares cratered on Wednesday after the chemicals company said it was considering a capital raise as it works with lenders to refinance existing debt facilities due in the second half of next year.
Investors splash out more than $116bn on fintech - KPMG
The global fintech market attracted more than $110bn in investments last year, a report showed on Wednesday.
London midday: FTSE extends gains as miners rally; wealth managers hit
London stocks had extended gains by midday on Wednesday, boosted by miners and oil giants, as investors eyed the release of the latest US non-farm payrolls report, but wealth managers were the latest casualty of AI disruption fears.
TPXimpact secures £22m contract with NHS England
TPXimpact said on Wednesday that it has secured a £22m, two-year contract with NHS England to support digital services underpinning the national vaccination programme.