US shares closed in positive territory on Wednesday as the Federal Reserve left interest rates unchanged, but forecast higher inflation this year, signalling a possible move on benchmark rates at its next meeting in March.
The US Federal Reserve left interest rates unchanged on Wednesday as it forecast a rise in inflation this year, signalling a possible move on benchmark rates at its next meeting in March.
British prime minister Theresa May answered critics on Wednesday, saying she will fight in the next election while reiterating that she still has a long-term job to do – deliver on Brexit.
Boeing announced on Wednesday that it was on track to deliver as many as 815 new commercial aircraft in 2018, almost 7% over the industry-record 763 it manufactured a year earlier.
Performance materials supplier Low & Bonar saw both profits and revenues move ahead in 2017, but lower than forecast sales and higher than planned inventories resulted in an increased level of net debt.
Andrew Hogarth, non-executive director of recruitment firm Staffline Group, cashed in more than 1m ordinary shares on his way out the door Wednesday, pocketing a total of £10.26m in the process.
London stocks extended their losses on Wednesday, finishing down for the month amid weakness in the housebuilding sector and wider sector concerns sparked by a profit warning from business services outsourcer Capita.
Chemicals were leading the charge into the green on the London bourse today, after Johnson Matthey announced the sale of its automotive battery systems business to US power company Cummins.
Sterling recovered early losses against the euro on Wednesday amid concerns about the terms on which Britain will leave the EU, and the pound gained against a weakening US dollar.