News Archive
Asia report: Most markets follow Wall Street lower
27th Aug 2024 09:08
(Sharecast News) - Asia-Pacific markets largely fell on Tuesday, mirroring losses in key US indices overnight and reflecting cautious investor sentiment as they assessed mixed economic data from China and ongoing geopolitical tensions.
Read moreEndeavour Mining settles spat with Lilium Gold, to receive $60m payment
27th Aug 2024 08:52
(Sharecast News) - Gold miner Endeavour Mining said on Tuesday that it will receive $60.0m from Lilium Gold as part of a settlement agreement brokered by the government of Burkino Faso for the disposal of its Boungou and Wahgnion mines.
Read moreHarbour Energy to complete Wintershall Dea acquisition earlier than expected
27th Aug 2024 08:31
(Sharecast News) - Harbour Energy surged on Tuesday after saying that its acquisition of the Wintershall Dea asset portfolio was set to complete earlier than expected.
Read moreLondon open: Stocks in the black; Bunzl surges on profit upgrade
27th Aug 2024 08:05
(Sharecast News) - London stocks rose in early trade on Tuesday as traders returned to their desks after the long weekend.
Read moreEurope open: Stocks rise despite mixed German data
27th Aug 2024 07:57
(Sharecast News) - European stock regained their upward momentum on Tuesday morning, with the Stoxx 600 index rising 0.2% despite some mixed data from economic powerhouse Germany.
Read moreLondon pre-open: Stocks seen up after long weekend
27th Aug 2024 07:39
(Sharecast News) - London stocks were set to rise at the open on Tuesday as traders returned to their desks after the Bank Holiday weekend.
Read moreBHP beats forecasts as underlying profits rise
27th Aug 2024 07:32
(Sharecast News) - Mining titan BHP reported a bigger-than-expected increase in full-year underlying profits, helped by record volumes of iron ore and higher copper output, but warned of an "uneven" recovery in China.
Read moreTuesday newspaper round-up: Barclays, Mike Lynch, IBM
27th Aug 2024 07:26
(Sharecast News) - Ministers have been urged to intervene to prevent businesses struggling with gas and electricity costs from going bust, as bills are forecast to be 70% higher next year than before the energy crisis. A typical small business such as a pub, restaurant or independent retailer is paying more than £5,000 extra a year on bills than before the energy crisis that began in 2021, research by the forecaster Cornwall Insight shared with the Guardian shows. - Guardian
Read moreShop prices fall for the first time since late 2021
27th Aug 2024 07:20
(Sharecast News) - Shop prices in the UK in August experienced deflation for the first time since October 2021, according to fresh data released on Tuesday, with a decrease of 0.3%.
Read moreBunzl shares jump on upgraded outlook, share buyback launch
27th Aug 2024 07:18
(Sharecast News) - Bunzl shares were surging on Tuesday morning after it upgraded its full-year guidance and launched a share buyback programme, even after first-half revenue slipped 3.3% to £5.71bn.
Read moreGerman consumer sentiment to deteriorate in September - GfK
27th Aug 2024 07:18
(Sharecast News) - German consumer sentiment is expected to deteriorate sharply in September, according to a survey released on Tuesday by GfK and the Nuremberg Institute for Market Decisions (NIM).
Read moreGerman economy stagnated in second quarter, revised data shows
27th Aug 2024 07:17
(Sharecast News) - Economic activity in Germany held steady in the second quarter, according to upwardly revised gross domestic product estimates released on Tuesday.
Read moreOcado launches two new Coles fulfilment centres in Australia
27th Aug 2024 07:14
(Sharecast News) - Online grocer and food logistics group Ocado has announced that operations have finally started at two customer fulfilment centres in Australia a year later than planned, as part of its partnership with retail chain Coles.
Read moreUS close: Dow sets new record but markets finish mixed
26th Aug 2024 23:48
(Sharecast News) - US stocks finished in mixed fashion on Monday, but that didn't stop the Dow Jones Industrial Average setting a new all-time closing high as sentiment continues to be lifted by expectations of an imminent cut to interest rates.
Read moreUS open: Stocks mixed following Powell's Jackson Hole comments
26th Aug 2024 16:19
(Sharecast News) - Wall Street stocks were mixed early on Monday as market participants continued to digest news that the Federal Reserve now appeared to be on the cusp of making interest rate cuts.
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