Stockpiles of US crude unexpectedly increased for the first time in three weeks even as inventories of gasoline fell more than expected.

A group of experts at the French nuclear safety authority have cleared EDF’s Flamanville 3 nuclear reactor to start as planned next year – despite weak spots in its steel.

Ministers in New Delhi have given the go ahead to sell off part or all of Air India, the state-owned flag carrier.

A forward looking indicator of US home sales unexpectedly declined in May, falling for the third consecutive month as a tight supply of homes hurt sales during the key spring selling season.

Italy has threatened to stop foreign boats carrying migrants rescued in the central Mediterranean Sea from docking in its ports, in a dramatic move to tighten its immigration policy amid a surge in arrivals in recent days.

Ministers in New Delhi have given the go-ahead to sell off part or all of Air India, the state-owned flag carrier.

Louis Dreyfus Company, one of the world’s biggest commodity traders, has fired the starting gun on the sale of a stake in its fast-growing metals business.

The pound ripped higher on Wednesday after Bank of England governor Mark Carney said that policymakers could lift rates if business investment rises.

Mark Carney sought to clarify his position on interest rates on Wednesday, setting out his view that he would vote to tighten monetary policy if business investment begins to rise offsetting weaker consumption.

Amazon, the great disruptor, is even disrupting IPOs now it seems.

Downing St has signalled an end to the public sector pay freeze which began seven years ago in an apparent capitulation to widespread disgruntlement about austerity.

Reverse ferret.

We have a potential victory for those who thought the market had over-reacted to comments made yesterday by Mario Draghi.

London-based insurer MS Amlin is to join Lloyd’s and QBE by setting up a post-Brexit EU base in Brussels.

The Co-operative Bank has struck a £700m deal with hedge funds to salvage its future in a move that will leave retail bondholders with less than half of their original investment.

Tesco is cutting 1,200 jobs at its head office, the latest in a wave of mass job cuts in the grocery sector as it attempts to counter rising costs.

European Nato members and Canada are boosting defence spending this year by about $12bn, the alliance said on Wednesday ahead of talks at which the Trump administration is set to intensify pressure on allies to increase military expenditure.

Six people including four retired police officers have been charged over the deaths of 96 Liverpool fans in the Hillsborough disaster in 1989.

As Mario Draghi famously said yesterday, eurozone inflation is on the up. (Much more on this here.)

But the latest inflation readings from Italy reinforce another key point from his speech: that policymakers have to tread carefully.

Shares in Stagecoach dropped as much as 8 per cent to their lowest level since the financial crisis on Wednesday morning, after losses on its East Coast rail franchise caused a sharp drop in its full-year profits.

Love it or hate it, for now you stand in the way of the Draghi Effect at your peril.

Mario Draghi is continuing to make waves across the markets.

Investors in the UK’s listed fund managers slipped on Wednesday morning, but remained relatively calm despite regulators’ calls for a radical shake-up of the industry that is expected to eat into profits.

Amco United Holding, which was among a number of Hong Kong-listed companies that suffered a sudden crash on Tuesday, has issued a profit warning for the six months to the end of June.

If sales of sofas, beer and certain supermarkets’ pizzas are now falling on a like-for-like basis, and there is no big football tournament taking place, what will happen to sales of enormous tellies? (3 marks).

If this had been an actual question on the recently sat GCSE Economics paper – and I wouldn’t have put it past certain exam boards – then the percentage of A* grades might have dipped below the now customary 90+ per cent.