1. FTSE 100 closes up as ECB hikes rates
The European Central Bank decided to raise interest rates for the first time since 2011, as policymakers aim to combat runaway inflation and a weak euro. The FTSE 100 closed up 6.20 points, or 0.1% higher, at 7,270.51.
2. Tesla dumps Bitcoin but holds Dogecoin
Musk has had a mixed relationship with Bitcoin in the past
3. Ocado losses widen
Ocado Group reported lower revenues and bigger losses for the first half but insisted it has a “clear path” to at least £750mln of underlying earnings
4. FaZe Clan goes public
The esports and online entertainment began trading on Nasdaq on Wednesday after completing a merger with a special purpose acquisition company
5. Haleon offers 'best of both words'
Analysts at Citigroup said the GlaxoSmithKline spinout has "a strategic optionality offering a floor to valuation"