Aberdeen names Torbjorn Magnusson as chair‑designate
Investment firm Aberdeen Group said on Wednesday that Torbjörn Magnusson had joined the board as a non‑executive director and chair‑designate, with his formal appointment as chair to follow once regulatory approvals are secured.
Brent crude hits $100 a barrel for first time since 24 July
Brent crude hit $100 a barrel on Wednesday for the first time since 24 July amid escalating tensions between the US and Iran.
Playtech says new report backs Black Cube investigation into Evolution
Playtech said on Wednesday that a newly released report commissioned by rival Evolution AB supported key findings from a controversial investigation it commissioned into the Swedish gaming group five years ago.
Eurowag lifts FY outlook for adjusted cash EBITDA after strong H1
Eurowag lifted its full-year outlook for adjusted cash EBITDA on Wednesday following a "strong" first half.
Victrex lifts FY pre-tax profit guidance on strong trading momentum
Polymer solutions firm Victrex lifted its full‑year pre‑tax profit guidance on Wednesday and announced the appointment of an interim chief financial officer as strong trading momentum continued into the final quarter.
London open: FTSE falls as Brent crude closes in on $100 a barrel
London stocks fell in early trade on Wednesday as Brent crude closed in on $100 a barrel amid escalating tensions between the US and Iran.
Europe open: Shares fall as oil nears $100 on US-Iran escalation
European shares fell sharply on Wednesday as oil neared $100 a barrel after the US sank Iranian tankers and Tehran responded with missile strikes on American bases in Jordan.
Energean profits fall after Iran war forces shutdown
Israel-focused oil and gas producer Energean on Wednesday posted a fall in half-year profit as a result of a 41-day production suspension due to the US-Israeli war on Iran.
Victrex lifts FY pre‑tax profit guidance, Energean H1 profits fall following 41 day production suspension
LONDON PRE-OPEN The FTSE 100 was expected to open 47. 6 points lower ahead of the open on Wednesday, after wrapping up the previous session 0. 10% weaker at 10,811. 66.
London pre-open: Stocks to fall as Brent crude nears $100 a barrel
London stocks were set to fall at the open on Wednesday as Brent crude came within touching distance of $100 a barrel.
Wednesday newspaper round-up: Air traffic control breakdown, Bet365, consumer finance claims
Flight delays and cancellations were expected to continue into Wednesday at UK airports after another air traffic control failure kept planes grounded for hours, affecting hundreds of thousands of passengers. At least 177 flights scheduled for Wednesday to and from UK airports had been cancelled, plane tracking site Flightradar24 said, “nearly all at London Heathrow”. More than 1,000 were cancelled by about 8pm on Tuesday. – Guardian.
US close: Stocks retreat as crude climbs, trade frictions intensify
Major indices closed lower on Tuesday as a shortened trading week began with investors focused on rising geopolitical and trade tensions, while a renewed surge in oil prices added to inflation worries.