News Archive

Ithaca Energy prices $750m senior notes, signs $1.24bn facility

11th Oct 2024 08:28

(Sharecast News) - Ithaca Energy announced the pricing of $750m in senior notes due 2029 on Friday, alongside the signing of a $1.235bn amended and restated reserves-based lending (RBL) facility by its subsidiary Ithaca Energy UK.

Read more

London open: Stocks dip as investors mull GDP data

11th Oct 2024 08:24

(Sharecast News) - London stocks nudged lower in early trade on Friday as investors mulled the latest UK GDP data.

Read more

Europe open: Shares lower as investors mull UK GDP, await China news

11th Oct 2024 08:19

(Sharecast News) - European markets were slightly lower at the open on Friday as investors digested UK GDP data and looked ahead to widely expected fresh stimulus measures from China.

Read more

Europe open: Shares lower as investors mull UK GDP, await China news

11th Oct 2024 08:19

(Sharecast News) - European markets were slightly lower at the open on Friday as investors digested UK GDP data and looked ahead to widely expected fresh stimulus measures from China.

Read more

Sanofi in talks to sell consumer healthcare stake to US private equity firm

11th Oct 2024 08:08

(Sharecast News) - French pharma giant Sanofi has announced it is in discussions with US private equity firm Clayton, Dubilier & Rice regarding the potential sale of half of its consumer healthcare business.

Read more

THG raises £95.4m to facilitate demerger of Ingenuity business

11th Oct 2024 08:05

(Sharecast News) - E-commerce company THG said on Friday that it had raised £95.4m in a placing to help fund the demerger of its Ingenuity business.

Read more

German inflation cools to 1.6pc in September

11th Oct 2024 08:02

(Sharecast News) - German inflation fell to 1.6% in September, according to the Federal Statistical Office, down from August's 1.9% print and in line with preliminary expectations.

Read more

Jupiter reports lower AUM in Q3 amid weak sentiment

11th Oct 2024 08:01

(Sharecast News) - Jupiter Fund Management on Friday reported lower assets under management (AUM) as clients pulled £1.6bn during the third quarter.

Read more

Quiz CFO Sweeney to step down

11th Oct 2024 07:55

(Sharecast News) - Fashion retailer Quiz said on Friday that chief financial officer Gerard Sweeney is planning to step down after more than eight years with the group.

Read more

UK economy returns to growth in August

11th Oct 2024 07:42

(Sharecast News) - The UK economy returned to growth in August, according to figures released on Friday by the Office for National Statistics.

Read more

London pre-open: Stocks seen lower; UK economy returns to growth

11th Oct 2024 07:39

(Sharecast News) - London stocks were set to fall at the open on Friday following a downbeat US session, as investors mulled the latest UK GDP data.

Read more

Hays predicts H1 profit decline as tough conditions drag on

11th Oct 2024 07:31

(Sharecast News) - Recruitment firm Hays says it expects earnings to be sequentially lower in the first half as a result of ongoing challenging market conditions, which resulted in a big drop in fees in the first quarter.

Read more

Friday newspaper round-up: Scottish Power, TGI Fridays, green energy firms

11th Oct 2024 07:31

(Sharecast News) - The leaders of the world's biggest green energy companies have promised more than £24bn of new private investment across Great Britain ahead of a meeting with the prime minister on Friday. Keir Starmer is expected to meet the green energy bosses on the sidelines of the first Council of Nations and Regions in Edinburgh to discuss the multibillion-pound projects just days before the government's international investment summit next week. - Guardian

Read more

UK trade balance widens in August - ONS

11th Oct 2024 07:26

(Sharecast News) - The UK's trade deficit widened in August, official data showed on Friday, after a jump in imports outstripped the rise in exports.

Read more

QinetiQ wins three year UK defence contract worth up to £150m

11th Oct 2024 07:17

(Sharecast News) - QinetiQ announced on Friday that it has been awarded a three-year contract by Defence Digital, part of the UK Ministry of Defence, to support the development of next-generation tactical military communications systems.

Read more