1. Bed Bath & Beyond jumps as financial source secured
Bed Bath & Beyond Inc saw its value jump by around a third in pre-market New York trading on Wednesday after a Wall Street Journal report said the retailer has found a financing source to shore up its liquidity.
2. AVEVA target of takeover by French company Schneider
Schneider “believes that a full combination of AVEVA and the software business of Schneider Electric will reinforce AVEVA, and enable it to execute its growth strategy faster.”
3. Scottish Power boss proposes £100bn plan to cap energy bills
Scottish Power chief Keith Anderson met business secretary Kwasi Kwarteng to propose a £100bn plan to cap annual household energy bills at current levels of around £2,000 for two years, according to reports.
4. FTSE 100 ends weaker but off lows
At the close, the UK blue-chip index was down 16.60 points, or 0.2% at 7,471.51, below the session peak of 7,488.12 but well above the day’s low of 7,410.40.
5. Accesso extends queue-management services deal with Parques Reunidos
The new agreement includes implementing accesso’s platform, LoQueue, across two locations in North America and four in Europe this year.