News Archive

London midday: Stocks push higher despite tariff confusion

14th Apr 2025 11:08

(Sharecast News) - London stocks had extended gains by midday on Monday as investors mulled the latest twists and turns in Trump's tariff saga.

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Belgium's Ageas to buy Esure for £1.3bn

14th Apr 2025 11:07

(Sharecast News) - Belgian insurer Ageas said on Monday that it has agreed to buy UK-based digital personal lines insurer Esure from Bain Capital for £1.3bn.

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Dotdigital taps Thomas Mullan as CFO

14th Apr 2025 11:06

(Sharecast News) - Software-as-a-service provider Dotdigital revealed on Monday that Thomas Mullan has been tapped to take over as chief financial officer.

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Market performance sees Polar Capital AuM narrow

14th Apr 2025 11:05

(Sharecast News) - Polar Capital reported assets under management of £21.4bn as at 31 March in an update on Monday - a 2% decline from £21.9bn a year earlier, as market performance offset otherwise stable net flows.

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Europe midday: Tech and banking stocks provide a boost

14th Apr 2025 10:55

(Sharecast News) - Tech and banking stocks were providing a big lift across European markets on Monday as investors reacted to the latest move by the US to exempt certain Chinese products from tariffs, raising hopes that a trade deal between the two powerhouses could eventually be struck.

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Caledonia Mining completes sale of Zimbabwe solar plant

14th Apr 2025 10:55

(Sharecast News) - Caledonia Mining announced on Monday that it has completed the sale of its 12.2MWac solar plant in Zimbabwe for $22.35m, as part of a strategic move to focus on its core gold mining operations and unlock capital for future growth.

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Gateley agrees new £80m revolving credit facility

14th Apr 2025 10:47

(Sharecast News) - Gateley announced on Monday that it has agreed a new £80m revolving credit facility to support its future growth strategy, significantly increasing its available funding and improving terms relative to its previous facility.

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Distil strikes new US partnership AIKO Importers

14th Apr 2025 10:30

(Sharecast News) - Drinks company Distil announced on Monday that it had struck a new partnership with a US distributor to bring Blavod Black Vodka back into the market.

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Cerillion H1 revenues seen lower

14th Apr 2025 09:31

(Sharecast News) - Software firm Cerillion said on Monday that H1 revenues were expected to be slightly lower year-on-year as a result of an anticipated higher weighting of software licence renewals and extensions to H2.

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Asia report: Markets rise on news of US tariff exemptions

14th Apr 2025 09:10

(Sharecast News) - Markets across the Asia-Pacific region advanced on Monday, led by Hong Kong, after US president Donald Trump paused planned tariffs on a range of consumer electronics, temporarily easing investor concerns over trade disruptions.

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BP announces Gulf of Mexico oil discovery

14th Apr 2025 09:09

(Sharecast News) - BP announced a new oil discovery at its Far South prospect in the deepwater Gulf of Mexico on Monday, marking a potential boost to its upstream portfolio as the company accelerates exploration efforts under its revised strategic plan.

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Ashmore sees $4bn of outflows in first quarter

14th Apr 2025 09:05

(Sharecast News) - Shares in Ashmore dropped sharply on Monday after the emerging markets-focused asset manager reported a 5% drop in assets under management (AUM) over the first quarter of 2025.

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UK retailers see 'green shoots' as sales grow in March

14th Apr 2025 09:00

(Sharecast News) - UK shop sales were higher in March compared with last year, according to data out on Tuesday from the British Retail Consortium, which pointed to "green shoots" for retailers despite a tough trading environment.

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BNP Paribas lowers ROIC guidance

14th Apr 2025 08:04

(Sharecast News) - French banking giant BNP Paribas has lowered its FY return on invested capital guidance following its €5.1bn acquisition of AXA's asset management unit.

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Europe open: Stocks jump on China tariff reprieve

14th Apr 2025 07:48

(Sharecast News) - European stocks pushed firmly higher on Monday after the Trump administration said certain products from China would be exempt from tariffs for now - though uncertainty was still high regarding how the trade war will play out in the coming weeks.

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