High Inflation, Wages Could Mean BOE Raises Rates Despite Weak Economy, GAM Says0954 GMT - A faltering U.K. economy would usually give the Bank of England reason to pause but high inflation and wage growth will likely force policymakers to raise interest rates again at next week's meeting, says Charles Hepworth, investment director at GAM Investments, in a note. ---Frontier Developments Swung to FY 2023 Pretax LossFrontier Developments said its "F1 Manager 2023" game hasn't delivered the expected sales contribution as it reported a swing to a pretax loss after booking higher costs for fiscal 2023. ---Tullow Oil Narrows Full-Year Production View After Pretax Profit, Revenue FellTullow Oil narrowed its full-year production guidance after pretax profit more than halved in the first half of the year, reflecting lower realized oil prices. ---Renishaw Delays Publishing of FY 2023 ResultsRenishaw said it will delay publishing its fiscal 2023 results to Sept. 19 from the original Sept. 14 date. ---Central Asia Metals Pretax Profit, Revenue Fell on Lower PricesCentral Asia Metals said that its pretax profit and revenue fell in the first half of the year amid lower prices for its metals, and that it backed its full-year production guidance.

Source: Wall Street Journal September 13, 2023 17:28 UTC