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Markets

LSE Volume: 2,014 M
Avg Vol: 4,498 M -55%
Fallers
1,517
Unchanged 643
Risers
2,492

FTSE sorties north behind TUI after Wall St gains

London shares took a sortie north in early deals with leisure-sector outfit TUI AG (TUI) leading the blue-chip on an upbeat earnings statement. Wall St was higher, but Asia ebbed.

Sainsbury's LFL retail sales dip

Sainsbury said its like-for-like (LFL) retail sales fell 1.1%, excluding fuel, in the 16 weeks to Sept. 24, and, including fuel, were down 0.5%.

Press Roundup

A brief summary of Wednesday's main business headlines... Coverage includes Axel Springer, US elections Brexit, foreign exchange, Opec, Alton Towers, Wolseley, German banks, Bank of England and much more...

Clinigen's divi

Clinigen's adjusted gross profit rose by 90% to 102.1n in the year tot he end of June driven by acquisitions and organic growth.

TUI's EBITA

TUI AG said, as it approaches its 2015/16 year end, it is confident of delivering 12%-13% growth in underlying EBITA.