Orsted impairment, AutoStore-Amazon deal, Ofwat bill decision among European morning themes (13-Aug)
Ofwat announces £3.4B of projects have been provisionally approved for 13 water companies to improve infrastructure, support growth and improve the environment.
StreetAccount ESG Research Round Up
Jefferies upgrades EOAN.GR; downgrades SVT.LN
Basic resources, banks, tech, industrials and retail the top gainers; healthcare, food/beverage, autos and energy the main laggards:
StreetAccount Summary - European pre-market trading update
Severn Trent Trading Update: Operational and financial performance in line with expectations (2962.0000p, 0)
Construction, autos, miners and retail the biggest laggards; energy and defensive sectors outperform:
UK's Ofwat finds Severn Trent Water in breach of wastewater obligations; determined that a financial penalty would not be appropriate (2998.0000p, 0)
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