News Archive
Asia report: Markets mixed as China manufacturing data disappoints
2nd Sep 2024 09:13
(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Monday as investors reacted to China's latest manufacturing data, which showed a significant decline.
Read moreEurozone manufacturing downturn continues for 26th straight month
2nd Sep 2024 08:47
(Sharecast News) - The downturn across the eurozone's manufacturing sector continued in August, with the regional purchasing managers' index (PMI) remaining under the neutral 50-point level for the 26th month in a row.
Read moreFood spend drives retail sales growth in August, but consumers still cautious
2nd Sep 2024 08:47
(Sharecast News) - Retail sales were higher than last year in August despite already strong comparatives in 2023, though growth was relatively subdued amid a "challenging" environment that's likely to last until the end of the year, according to a closely watched retail barometer released on Tuesday.
Read moreMTI Wireless Edge receives order from biggest defence client
2nd Sep 2024 08:17
(Sharecast News) - Communications firm MTI Wireless Edge said on Monday that its MTI Summit subsidiary has received a new order from its biggest customer in the defence sector.
Read moreLondon open: Stocks fall but Rightmove surges on potential takeover
2nd Sep 2024 07:42
(Sharecast News) - London stocks fell in early trade on Monday at the start of what is expected to be a fairly quiet session, with US markets closed for the Labor Day holiday.
Read moreVertu Motors H1 profits held back by soft new car market
2nd Sep 2024 07:41
(Sharecast News) - The share price of Vertu Motors was in reverse on Monday after the car dealer reported a weaker environment for new car sales, which it said was offset by resilient pricing in the used vehicle market.
Read moreChina's manufacturing sector returns to growth in August - Caixin
2nd Sep 2024 07:40
(Sharecast News) - Manufacturing activity in China returned to growth in August, according to a private survey released on Monday.
Read moreEurope open: Shares lower in muted trade; Rightmove surges on potential bid
2nd Sep 2024 07:39
(Sharecast News) - European shares opened lower on Monday as investors continued to digest US inflation figures released at the end of last week, while trade was expected to be subdued with US markets closed for the Labor Day holiday.
Read moreLondon pre-open: Stocks seen higher; quiet session expected
2nd Sep 2024 07:28
(Sharecast News) - London stocks were set to rise at the open on Monday in what is expected to be a fairly quiet session, with US markets closed for the Labor Day holiday.
Read moreMonday newspaper round-up: Ride-hailing apps, ticket prices, Abercrombie & Kent
2nd Sep 2024 07:21
(Sharecast News) - Uber and other ride-hailing apps should be forced to publish data on drivers' workloads so that regulators can tackle exploitation and cut carbon emissions, campaigners argue. Analysis by the pressure group Worker Info Exchange suggests drivers for Uber and its smaller rivals may have missed out on more than £1.2bn in wages and costs last year because of the way they are compensated. - Guardian
Read moreBig Yellow gets planning approval for two London projects
2nd Sep 2024 07:18
(Sharecast News) - Self-storage operator Big Yellow Group announced progress on two major London projects on Monday, securing planning consent for a total of 307,000 square feet of storage space across two locations.
Read moreLondonMetric buys seven warehouses, sells off more non-core assets
2nd Sep 2024 07:16
(Sharecast News) - LondonMetric, the FTSE 250-listed real estate group, has announced a shake-up of its portfolio which includes £70m of warehouse acquisitions and £50m of non-core disposals.
Read moreUK manufacturing sector grows at fastest pace in more than two years
2nd Sep 2024 07:14
(Sharecast News) - UK manufacturing activity grew at its fastest pace in more than two years in August, according to a survey released on Monday.
Read moreNews Corp's REA Group considering takeover offer for Rightmove
2nd Sep 2024 07:12
(Sharecast News) - Australian real estate advertising company REA Group has confirmed speculation that it is considering a possible cash and share offer for UK property platform Rightmove.
Read moreKainos sees revenue below forecasts as clients delay decisions
2nd Sep 2024 07:07
(Sharecast News) - IT provider Kainos said it expected full-year revenues to be below market forecasts due to the tougher trading environment in services as clients delayed decisions on projects, but adjusted pre-tax profit would be in line with consensus estimates.
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