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Only takeout The company is due to delist from the London Stock Exchange next month, dealing a blow to Britain’s ambitions to attract more high-growth technology companies to its stock market. Shares of the food delivery giant fell 1% after the news was announced.

The Anglo-Dutch food delivery company said on Wednesday it intends to delist from the London Stock Exchange after completing a review of the best place to list, leaving Amsterdam-based Just Eat Takeaway.com as its sole trading venue.

Just Eat Takeaway said in explaining its decision that its shares would be delisted from the London Stock Exchange to “reduce the administrative burden, complexity and costs associated with maintaining the disclosure and regulatory requirements of a London Stock Exchange listing, as well as to reduce liquidity Low and trading volume.

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— Ryan Brown

French CAC 40 On Wednesday, the index fell 1%, hitting a one-year low.

France is currently going through a period of heightened political uncertainty, with Prime Minister Michel Barnier’s minority government in jeopardy.

Earlier this week, the far-right National Rally party threatened to overthrow Barnier’s government by the end of the year if the unpopular 2025 budget it has proposed is not changed.

National rally figurehead Marine Le Pen said on Monday that talks with Barnier aimed at wringing concessions on a tax-increasing budget bill had failed to produce changes that would have enabled her party to approve government plans.

She suggested that her party would join forces with the left-wing bloc to propose a no-confidence motion in December, a move that would plunge France’s political system and economy into further chaos.

Read more about this story here: France’s far right props up a weak government. now it may crash

— Holly Elliot

budget airline EasyJet The company reported lower-than-expected annual operating profit due to the impact of conflict in the Middle East.

The airline reported operating profits of 597 million pounds ($750.5 million) for the 12 months to September 30, up 25% on the year. However, the figure was still lower than analysts’ expectations of 625.6 million pounds, according to a poll compiled by London Stock Exchange Group (LSEG) quoted by Reuters.

EasyJet said in a statement that earnings had been affected by the outbreak of conflict in the Middle East, which “resulted in the cancellation of a number of routes and associated costs and revenue”, as well as volatile and rising fuel prices.

For the current fiscal year ending in September 2025, the airline expects capacity to be approximately 103 million seats, up 3% from the previous year.

Chief executive-designate Kenton Jarvis, who succeeds Johan Lundgren next year, said: “The airline will continue to grow, particularly in popular markets such as North Africa and the Canary Islands On our long-haul leisure routes, we plan to increase the number of passengers taking package holidays by 25%.

Kenton Jarvis, chief financial officer of easyJet, said: “The outlook for easyJet is positive as travel remains a priority for consumers who value our low fares, unrivaled network and friendly service .

“The airline will continue to grow, particularly on popular long-haul leisure routes such as North Africa and the Canary Islands, where we plan to bring more customers on package holidays, a 25% increase.”

— Holly Elliot

British luxury carmaker Aston Martin forecast on Tuesday its annual core profit would be below 2023 levels as delivery delays for the ultra-exclusive Valiant model weighed on its profit margins.

The company expects adjusted EBITDA in 2024 to be between £270 million and £280 million ($338.55 million – $351.09 million), compared with £305.9 million last year.

The automaker said it now expects to deliver only half of the 38 Valiant models by the end of the year, down from previous expectations of the majority.

Chief executive Adrian Hallmark said in a statement: “We have taken decisive action to better position the group for the future, including achieving a more balanced production and delivery position in the coming quarters.

Aston Martin, hit by continued sluggish demand in China and production delays due to supply disruptions, has cut its September production forecast by about 1,000 vehicles.

The Gaydon, England-based company last month reported a smaller-than-expected third-quarter loss, helped by strategic measures to mitigate losses.

The company reiterated its focus on 2025 targets, including achieving revenue of around £2 billion and targeted free cash flow generation. As part of efforts to strengthen its financial position, Aston Martin also announced plans to raise approximately £210 million through a share and bond issue.

— Reuters

A London-based hedge fund is taking a short position CargoJetCanada’s largest cargo airline cited concerns over its aging fleet, accounting practices and leadership style. The company did not respond to CNBC Pro’s request for comment.

Edgar Allen, founder and chief investment officer of High Ground Investment Management, revealed the company’s bearish stance on Cargojet at the Sohn Investment Conference earlier this month.

CNBC Pro subscribers can read more here.

— Ganesh Rao

News that U.S. President-elect Trump plans to impose additional tariffs on imports from China, Canada and Mexico caused an uproar in global markets on Tuesday.

Peter Boockvar, chief investment officer at U.S.-based Bleakley Financial Group, revealed his views on tariffs and the sectors and stocks he is watching globally.

CNBC Pro subscribers can read more here.

— Amala Balakrishna

European markets are expected to open mixed on Wednesday.

British FTSE 100 The German stock index is expected to open 5 points higher at 8,267 German DAX Index France fell 21 points to 19,285 CAC Down 39 points to 7,160, Italy FTSE MIB It fell 173 points to 33,150, according to IG data.

Easyjet is due to report earnings, with data including consumer confidence figures for Germany and France.

— Holly Elliot