News Archive
German government to retain stake in Commerzbank
23rd Sep 2024 09:29
(Sharecast News) - Shares in Commerzbank AG traded lower early on Monday after the German government announced that it would hold on to its 12% stake in the European banking giant, likely halting its proposed merger with Italian lender UniCredit.
Read moreEurozone business activity contracts as manufacturing downturn continues
23rd Sep 2024 09:04
(Sharecast News) - Business activity across the eurozone unexpectedly contracted this month, according to preliminary estimates released on Monday by S&P Global and Hamburg Commercial Bank, marking the first decline in seven months due to a sustained reduction in new orders.
Read moreBerenberg hikes Currys price target, shares rally
23rd Sep 2024 09:03
(Sharecast News) - Berenberg lifted its price target on Currys on Monday to 125p from 92p as it pointed to confidence in both the growth outlook and improving cash generation.
Read moreRevolution Beauty inks manufacturing deals with director's associated firms
23rd Sep 2024 08:50
(Sharecast News) - Revolution Beauty Group announced new manufacturing and supply agreements involving its subsidiary Revolution Labs on Monday, reporting that it would produce and supply beauty and personal care products to Carbon Theory and Delhicious.
Read moreBNP Paribas to buy HSBC's private banking business in Germany
23rd Sep 2024 08:40
(Sharecast News) - BNP Paribas said on Monday that it has agreed to buy HSBC's private banking activities in Germany, as it looks to position its wealth management arm "among the top leading players in Germany" and bring its assets under management to more than €40bn.
Read morePetrofac again extends deadline for missed interest payments
23rd Sep 2024 08:06
(Sharecast News) - Shares in Petrofac rose on Monday after the energy infrastructure services group secured yet more additional time with its bondholders to make its interest payment obligations.
Read moreEagle Eye Solutions secures five-year contract with leading UK retailer
23rd Sep 2024 08:03
(Sharecast News) - Software-as-a-Service technology group Eagle Eye Solutions has secured a five-year contract for its AIR platform with a leading UK retailer.
Read moreLondon open: Stocks flat but Rightmove jumps as REA ups bid
23rd Sep 2024 07:56
(Sharecast News) - London stocks were little changed in early trade on Monday as investors eyed a speech by Chancellor Rachel Reeves, but Rightmove popped higher after REA Group sweetened its takeover offer.
Read moreGalliford Try appointed to Wessex Water AMP8 framework
23rd Sep 2024 07:50
(Sharecast News) - Construction group Galliford Try said on Monday that its Environment business has been appointed to two lots on the new Wessex Water Capital Delivery Framework, part of the AMP8 delivery period.
Read moreUnion Jack Oil shares dip despite upbeat outlook
23rd Sep 2024 07:49
(Sharecast News) - Shares in Union Jack Oil were trading lower on Monday despite the UK and US-focused energy producer hailing a "solid and profitable" first half and delivering an optimistic outlook.
Read moreEurope open: Stoxx in sluggish mood; Commerzbank in focus
23rd Sep 2024 07:43
(Sharecast News) - European stock markets edged ahead at the open on Monday, taking their cue from Asia, while Commerzbank shares were in focus after the German government decided to keep its stake in the lender.
Read moreTSMC. Samsung considering chip projects in UAE - report
23rd Sep 2024 07:36
(Sharecast News) - Chipmakers TSMC and Samsung are reportedly considering establishing chip projects in the United Arab Emirates, which could be valued at more than $100bn.
Read moreApollo to offer up to $5bn investment in Intel - report
23rd Sep 2024 07:30
(Sharecast News) - Apollo Global Management has reportedly offered to make a multibillion-dollar investment in Intel in a move that would be a vote of confidence in the chipmaker's turnaround strategy.
Read moreBT sets up new fund to boost apprenticeships across England
23rd Sep 2024 07:30
(Sharecast News) - BT is investing £4m of its apprenticeship levy reserves to launch a new Apprenticeship Fund, designed to support SMEs, charities and public-sector organisations across England.
Read moreLondon pre-open: Stocks seen up after Friday's losses
23rd Sep 2024 07:28
(Sharecast News) - London stocks were set to rise at the open on Monday following heavy losses at the end of last week.
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