Regulators, industry step up scrutiny on motor finance claims market
(Sharecast News) - UK regulators and industry bodies stepped up scrutiny of the motor finance claims market on Wednesday, as preparations continued for a major consumer redress scheme, amid warnings about excessive fees, misleading marketing and risks to investment confidence.
Read MoreInfineon to accelerate AI investment as auto slump continues
(Sharecast News) - Infineon Technologies said on Wednesday that it would accelerate investment in artificial intelligence-related technology to offset a prolonged slump in automotive and industrial chip demand, as strong data-centre growth helped underpin its start to the financial year.
Read MoreEurozone private sector growth slows in January - PMI
(Sharecast News) - The Eurozone's economy continued to expand in January, a closely-watched survey showed on Wednesday, but the pace of growth slowed as demand faltered.
Read MoreEurope midday: Stoxx rallies as EZ inflation comes in under target
(Sharecast News) - European stocks rallied and nudged towards record territory on Wednesday as investors digested a fall in eurozone inflation to below the European Central Bank's target level of 2%.
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