News Archive

US layoff announcements surge in August, hiring plans at record low

5th Sep 2024 11:52

(Sharecast News) - There was a surge in layoff announcements at US companies last month, while hiring plans were at their lowest ebb ever recorded, the results of a survey revealed.

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Friday preview: US non-farm payrolls, Berkeley Group Holdings in focus

5th Sep 2024 11:51

(Sharecast News) - All eyes at the end of the week will be on the US non-farm payrolls report for August, which may decide whether the Federal Reserve opts for a 25 or 50 basis point cut when its meets in two weeks' time.

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US private sector adds fewer jobs than expected in August

5th Sep 2024 11:50

(Sharecast News) - Private sector employment in the US rose much less than expected in August, according to figures released on Thursday by ADP.

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Beowulf reports positive test-work results from Kallak Project

5th Sep 2024 11:47

(Sharecast News) - Beowulf Mining announced positive results from its 2024 metallurgical test-work programme for the Kallak Iron Ore Project in Sweden on Thursday.

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Mkango raises £1.25m to expand magnet recycling operations

5th Sep 2024 11:38

(Sharecast News) - Mkango Resources announced on Thursday that it has completed a private placement, raising £1.25m to support its efforts to expand its rare earth magnet recycling operations in the UK and Germany.

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Revenue falls but profits stable at Churchill China

5th Sep 2024 11:33

(Sharecast News) - Hospitality ceramics manufacturer Churchill China reported a 7.8% decrease in revenue in its interim results on Thursday, totaling £40.6m, compared to £44m in the same period last year.

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Europe midday: Shares slip into red as EZ PMI, retail sales disappoint

5th Sep 2024 11:33

(Sharecast News) - European shares were in the red on Thursday, as investors digested weak eurozone construction and retail sales data and also looked ahead to US non-farm payroll figures.

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Eurozone retail sales struggle in July

5th Sep 2024 11:30

(Sharecast News) - Eurozone retail sales edged only marginally higher in July, official data showed on Thursday, as a recovery struggled to take hold.

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PPHE Hotel Group inks major refinancing deal

5th Sep 2024 11:12

(Sharecast News) - PPHE Hotel Group announced a major refinancing agreement with Aareal Bank on Thursday, extending the maturity of its existing loan for its Dutch hotel portfolio and the Holmes Hotel London.

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International PPL declares interim dividend in line with target

5th Sep 2024 11:07

(Sharecast News) - Infrastructure investor International Public Partnerships declared a fully cash-covered interim dividend of 4.18p per share in its half-year results on Thursday, contributing to full-year target dividend growth of 3%, bringing the total to 8.37p per share for 2024, up from 8.13p in 2023.

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US pre-open: Futures little changed ahead of jobs data

5th Sep 2024 10:57

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday as market participants looked ahead to a number of data points that should provide more insight into the current state of the US economy.

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UK new car registrations fall slightly in August ahead of new plates

5th Sep 2024 10:56

(Sharecast News) - New car registrations fell slightly across the UK in August, according to the Society of Motor Manufacturers and Traders, as buyers held off until next month's new number plates.

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London midday: Stocks dip ahead of US jobs data

5th Sep 2024 10:45

(Sharecast News) - London stocks had dipped into the red by midday on Thursday as investors eyed the release of US jobs data.

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Genus reports mixed full year, warns of currency headwinds

5th Sep 2024 10:35

(Sharecast News) - Genus reported strategic progress amid challenging market conditions, particularly in China, in its preliminary full-year results on Thursday, although it warned of potential currency headwinds going forward.

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Jet2 summer seat capacity rises 12.4pc

5th Sep 2024 09:53

(Sharecast News) - Airline business Jet2 said on Thursday that summer 2024 on-sale seat capacity was 12.4% higher than Summer 2023 at 17.17m, a "slight increase" on the level reported at its preliminary results.

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