News Archive

Wizz Air set to launch Gatwick-Jeddah route

10th Sep 2024 11:55

(Sharecast News) - Wizz Air is set to launch the first budget flights between the UK and Saudi Arabia next year, it emerged on Tuesday..

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EU court upholds EUR 2.4bn Google antitrust fine

10th Sep 2024 11:48

(Sharecast News) - Google found itself on the losing end of a significant European legal battle on Tuesday, as the EU's Court of Justice upheld a €2.4bn fine imposed on the company for antitrust violations.

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Barclays downgrades Asos to 'underweight'

10th Sep 2024 11:23

(Sharecast News) - Barclays downgraded Asos to 'underweight' from 'equalweight' and cut the price target to 290p from 300p as it said the online fashion retailer was no longer just a refinancing story.

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Lords Group confident despite revenue dip

10th Sep 2024 11:20

(Sharecast News) - Lords Group reported a slight dip in revenue amidst challenging market conditions in its unaudited interim results on Tuesday.

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US pre-open: Futures slightly lower ahead of Presidential debate

10th Sep 2024 10:58

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday following big wins for major indices in the previous session.

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London midday: Stocks stay down as investors digest jobs data

10th Sep 2024 10:57

(Sharecast News) - London stocks were still weaker by midday on Tuesday as investors mulled the latest UK jobs data.

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Apple loses decade-long Irish tax battle

10th Sep 2024 10:31

(Sharecast News) - Tech giant Apple has lost a decade-long battle with the European Union regarding a €13.0bn tax bill in Ireland.

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IQE sees FY results at lower end of market views, shares slump

10th Sep 2024 10:25

(Sharecast News) - IQE slumped on Tuesday as it said its full-year performance was set to be at the lower end of analyst forecasts, as some markets remain in recovery in the second half of the year.

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Oxford Nanopore files US subpoena application

10th Sep 2024 10:06

(Sharecast News) - Nanopore sequencing products company Oxford Nanopore Technologies has filed an application in the US District Court for the Northern District of California for leave to serve subpoenas in support of a lawsuit it intends to file in the courts of England and Wales.

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AstraZeneca shares drop on lung cancer trial update

10th Sep 2024 09:54

(Sharecast News) - The share price of AstraZeneca took a big hit on Tuesday after investors reacted to disappointing news from the company's latest lung cancer trials.

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Essentra taps Rowan Baker for CFO

10th Sep 2024 09:51

(Sharecast News) - Essential components manufacturer Essentra has appointed Rowan Baker to the role of chief financial officer, with effect from 5 November.

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CMA to open first phase of probe into Carlsberg's acquisition of Britvic

10th Sep 2024 09:47

(Sharecast News) - The Competition and Markets Authority said on Tuesday that it was opening the first phase of an investigation into Danish brewer Carlsberg's £3.3n acquisition of Britvic.

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AJ Bell chief operating officer to step down

10th Sep 2024 09:30

(Sharecast News) - Investment platform operator AJ Bell revealed on Tuesday that chief operating officer Roger Stott will step down from the board at the end of 2024.

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Asia report: Stocks mixed as investors sift through China trade data

10th Sep 2024 09:22

(Sharecast News) - Asia-Pacific markets experienced a mixed performance on Tuesday as investors reacted to fresh data from China and the positive momentum from Wall Street's rebound.

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Praxis withdraws from potential Capital & Regional takeover

10th Sep 2024 09:17

(Sharecast News) - Praxis Group announced on Tuesday that it would not proceed with its potential offer to acquire Capital & Regional.

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