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Europe midday: Stoxx flirts with gains as Adidas, Quilter offset miners
European shares were flat at midday as strong corporate results from Quilter and Adidas offset falls in mining stocks due to weaker…
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London midday: Stocks in the red as miners weigh
London stocks were still a little weaker by midday on Wednesday amid worries about inflation, with miners under the cosh. The FTSE…
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Next buys 25% stake in Reiss for £33m
Next has agreed to purchase a 25% interest in fashion brand Reiss for £33m. As part of the investment, Reiss’s websites and…
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Apollo bid for Greensill on verge of collapse – reports
Apollo Global Management’s plan to buy parts of collapsed finance company Greensill Capital is looking doubtful after a key partner moved to…
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Royal Mail ups guidance on stronger letter volumes
Royal Mail increased its guidance for annual profit after letter volumes were higher than expected. The FTSE 250 group said it expected…
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JP Morgan restates ‘overweight’ rating on Experian
JP Morgan reiterated its ‘overweight” rating on Experian and made the credit checker its “top idea” after a recent decline in the…
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Asia report: Markets mixed following tech rally on Wall Street
Markets in Asia finished in a mixed state on Wednesday, having seen some decent gains earlier in the session following a tech-led…
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In The Style valued at £105m on strong IPO demand
In The Style said it would be valued at £105m after strong demand from investors for the online fashion retailer’s initial public…
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Tremor recovers to record second-half performance in 2020
Tremor International reported a record performance in both the fourth quarter and the second half in its full-year results on Wednesday, which…
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Consumer demand helps De Beers diamond sales shine
Anglo American reported a rise in rough-diamond sales at its De Beers unit in the second sales cycle of 2021 year-on-year, on…
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