US pre-open: Futures higher following CoreWeave earnings, Nvidia bounce
Wall Street futures were in the green ahead of the opening bell on Wednesday as neocloud giant CoreWeave traded higher on the back of its solid third-quarter earnings report and shares in chipmaker Nvidia bounced.
US mortgage applications register sharpest weekly increase since June
US mortgage applications rose by 6. 2% in the week ended 6 November, according to the Mortgage Bankers Association, marking the sharpest weekly increase since June.
Asia report: AI and chip stocks provide a boost in Tokyo, Seoul, Taipei
Stock markets across Asia finished mostly higher on Wednesday, with AI and chip stocks powering solid gains, though shares in Hong Kong slipped into the red.
Europe midday: Shares hold gains as German CPI data undershoots
European shares were higher on Wednesday led by tech stocks, softer-than-expected German inflation data and lower oil prices, which eased concerns about inflation and interest rates.
London midday: Stocks stay up as miners rally; ITV slides on update
London stocks were off earlier highs but still in the black by midday on Wednesday, with miners pacing the gains amid firmer metals prices.
Conduit reinsurance pricing softens, investment assets and income continue to grow
Reinsurance firm Conduit Holdings reported modest growth in reinsurance revenues during the first nine months of 2026 and said it remained on track with its strategy to shift its portfolio towards higher-margin excess-of-loss business, despite increasingly competitive market conditions.
Motorpoint sets ambitious medium-term targets as first-half profits surge
Motorpoint unveiled ambitious medium-term growth targets on Wednesday, including plans to more than double annual retail vehicle sales to over 120,000 units and expand its store network, as the used car retailer reported a sharp rise in first-half profits.
Deutsche Bank upgrades Unilever to ‘buy’, lifts price target
Deutsche Bank upgraded Unilever on Wednesday to ‘buy’ from ‘hold’ and lifted the price target to 5,350p from 5,300p.
Fuller's lifts profit outlook after strong H1, buoyant Christmas bookings
Pub landlord Fuller, Smith & Turner upgraded its full-year profit expectations on Wednesday after reporting strong first-half earnings growth, continued market outperformance and a robust start to the crucial festive trading period.
ICG profits fall despite strong higher management fees
ICG reported a fall in half-year profits on Wednesday despite double-digit growth in management fees and fee-related earnings, as performance fee income dropped sharply.
Vanquis Banking appoints John Natalizia as CEO
Vanquis Banking said on Wednesday that it has appointed John Natalizia as chief executive officer with immediate effect.
Unilever-McCormick deal may hit UK competition, says CMA
Unilever's planned $65bn merger of its foods business with US spices maker McCormick has run into UK regulatory scrutiny after the Competition and Markets Authority said the deal could reduce competition.
ITV warns ad revenue will fall up to 10% in Q4
ITV said on Wednesday that it has identified another £30m of additional temporary savings in the media and entertainment division as it cautioned that advertising revenue would fall up to 10% in the fourth quarter.
Spirax confident on FY outlook as growth accelerates in H2
Engineering specialist Spirax said on Wednesday that trading momentum had strengthened in recent months, with both organic sales growth and profit margins running ahead of first-half levels, leaving the firm confident of meeting its full-year guidance.
London open: FTSE rallies as miners advance; Taylor Wimpey slumps
London stocks rose in early trade on Wednesday, with miners pacing the gains amid firmer metals prices.
Europe open: Stoxx gains as softer German CPI helps sentiment
European shares opened higher on Wednesday led by tech stocks and softer-than-expected German inflation data and lower oil prices, which eased concerns about inflation and interest rates.
German October CPI cools more than expected
German consumer price inflation eased to 2. 8% year-on-year in October from 3. 3% in September, undershooting economists' forecasts of 3. 0%-3. 1%, according to official flash data published on Wednesday.
Taylor Wimpey warns on profits as higher interest rates hit demand
Housebuilder Taylor Wimpey on Wednesday warned full-year adjusted operating profit would be at the bottom end of consensus on the back of weak demand as a softer autumn selling season and higher interest rates reduced mortgage affordability for buyers.
Spirax trading momentum strengthens, Taylor Wimpey FY adjusted operating profits seen at bottom end of consensus
LONDON PRE-OPEN The FTSE 100 was expected to open 42. 7 points higher ahead of the bell on Wednesday, after wrapping up the previous session 0. 29% firmer at 10,751. 59.
London pre-open: Stocks to gain; Taylor Wimpey, Spirax updates in focus
London stocks were set to rise at the open on Wednesday following a mostly positive session in Asia, and having given up the previous day’s gains to end lower after a hotter-than-expected US inflation print boosted expectations of a December rate hike from the Federal Reserve.