News Archive
London open: Stocks edge up in quiet trade
13th Sep 2024 08:12
(Sharecast News) - London stocks edged up quiet trade early on Friday, with little in the way of market-moving news to provide any direction.
Read moreEurope open: Stoxx up on Fed rate cut bets
13th Sep 2024 07:54
(Sharecast News) - European shares opened higher on Friday as the betting increased on a larger-than-expected US interest rate cut in US, a day after the European Central Bank trimmed its benchmark.
Read moreBoeing workers down tools in pay dispute
13th Sep 2024 07:45
(Sharecast News) - Workers at Boeing have gone on strike, it was confirmed on Friday, after voting overwhelmingly to reject a tentative 25% pay rise.
Read moreBalfour Beatty awarded £363m National Grid contract
13th Sep 2024 07:42
(Sharecast News) - Infrastructure group Balfour Beatty said on Friday that it has been awarded a £363m contract by National Grid to deliver the Bramford to Twinstead Reinforcement project.
Read moreDSV buys Schenker from Deutsche Bahn for €14bn
13th Sep 2024 07:41
(Sharecast News) - Danish freight, sea freight, road transport services and logistics giant DSV has agreed to take over Deutsche Bahn's logistics arm Schenker for €14.3bn.
Read moreCiti lifts Tesco forecasts as market share continues to rise
13th Sep 2024 07:39
(Sharecast News) - Citi has lifted its target price for Tesco shares ahead of the supermarket giant's interim results next month, saying that the retailer's continued market share gains should be reflected in the figures.
Read moreLondon pre-open: Stocks set for flat start
13th Sep 2024 07:36
(Sharecast News) - London stocks were set for a steady open on Friday following solid gains in the previous session.
Read moreLondon pre-open: Stocks set for flat start
13th Sep 2024 07:36
(Sharecast News) - London stocks were set for a steady open on Friday following solid gains in the previous session.
Read moreFlutter Entertainment buys 56% stake in Brazil's NSX Group
13th Sep 2024 07:30
(Sharecast News) - Paddy Power owner Flutter Entertainment said on Friday that it has bought a 56% stake in NSX Group, a Brazilian operator of the Betnacional brand, for around $350m.
Read moreFriday newspaper round-up: High speed rail line, Boeing, Grangemouth
13th Sep 2024 07:26
(Sharecast News) - A plan for a new high-speed rail line linking Birmingham and Manchester has been unveiled, claiming to deliver most of the benefits of the scrapped northern leg of HS2 at significantly cheaper cost and with only slightly longer journey times. The 50-mile track would run from where the HS2 line is now due to end in Staffordshire to join a planned Northern Powerhouse Rail line west of Manchester airport, under a plan unveiled by the mayors of Greater Manchester and the West Midlands. - Guardian
Read moreNational Grid agrees £630m sale of Electricity System Operator with govt
13th Sep 2024 07:21
(Sharecast News) - National Grid announced on Friday that it has reached agreement with the UK government to sell the Electricity System Operator (ESO) for an enterprise value of £630m.
Read moreGSK to speed up development of blood cancer treatment in China
13th Sep 2024 07:19
(Sharecast News) - China's health authority has granted GSK's Blenrep blood cancer treatment with a so-called 'Breakthrough Therapy Designation' (BTD), which is designed to speed up development of investigational drugs.
Read moreUK's CMA said Vodafone/Three merger could lead to higher prices
13th Sep 2024 07:04
(Sharecast News) - Britain's competition regulator on Friday said Vodafone and Hutchison Three's £15bn merger could lead to higher prices for tens of millions of consumers and a "substantial" weakening of competition.
Read moreUS close: Stocks rise as producer price inflation eases
12th Sep 2024 21:24
(Sharecast News) - US stocks put in solid gains on Thursday as investors assessed how slowing producer-price inflation would affect the near-term outlook for interest rates ahead of the Federal Reserve's next policy meeting.
Read moreLondon close: Stocks rise on US jobless claims, ECB rate cut
12th Sep 2024 16:25
(Sharecast News) - London's stock markets closed with gains on Thursday, as investors digested an increase in US jobless claims and an interest rate cut from the European Central Bank.
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