News Archive

Eurozone trade surplus unexpectedly jumps

18th Nov 2024 11:45

(Sharecast News) - The eurozone trade surplus more than trebled in September, according to figures from Eurostat on Monday.

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Europe midday: Shares in lacklustre mood ahead of Nvidia earnings

18th Nov 2024 11:33

(Sharecast News) - European shares were in lacklustre mood as investors mulled US President Joe Biden's decision to lift a ban on Ukraine using American-made long-range missiles to strike Russia.

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UK consumer sentiment dips as confidence in finances declines

18th Nov 2024 11:18

(Sharecast News) - Consumer confidence in the UK edged lower in November, according to the results of a survey from S&P Global on Monday, as falling optimism about job security and a gloomier outlook for household finances weighed on sentiment.

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Spirit Airlines files for Chapter 11 bankruptcy protection

18th Nov 2024 11:08

(Sharecast News) - Budget carrier Spirit Airlines has filed for Chapter 11 bankruptcy protection as it looks to restructure its debt after merger talks with Frontier collapsed.

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US pre-open: Futures mixed as investors await Q3 retail earnings

18th Nov 2024 11:04

(Sharecast News) - Wall Street futures were mixed ahead of the bell on Monday as investors awaited more Q3 earnings reports.

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Berenberg lowers target price on John Wood

18th Nov 2024 11:03

(Sharecast News) - Analysts at Berenberg slashed their target price on engineering and consulting business John Wood Group from 150.0p to 60.0p on Monday, stating an independent review into its projects business had created "substantial uncertainty".

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London midday: Stocks touch higher as investors eye Nvidia, UK inflation

18th Nov 2024 10:47

(Sharecast News) - London stocks were just a touch firmer by midday on Monday as investors mulled the latest house price research from Rightmove and looked ahead to earnings from Nvidia and the latest UK inflation reading this week.

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Asia report: Markets mixed ahead of key regional data

18th Nov 2024 10:38

(Sharecast News) - Markets across the Asia-Pacific region posted mixed performances on Monday as investors braced for a week of critical economic data.

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Supermarket Income REIT acquires Sainsbury's in Huddersfield

18th Nov 2024 10:34

(Sharecast News) - Supermarket Income REIT has acquired a Sainsbury's omnichannel supermarket in Huddersfield for £49.7m, it announced on Monday, representing a net initial yield of 7.6%.

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MediaZest completes installation of 'proof of concept' project

18th Nov 2024 10:25

(Sharecast News) - Audio-visual solutions provider MediaZest said on Monday that it has completed installation for an initial "proof of concept" project to supply digital currency boards in 50 UK Post Office branches.

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MediaZest completes installation of 'proof of concept' project

18th Nov 2024 10:25

(Sharecast News) - Audio-visual solutions provider MediaZest said on Monday that it has completed installation for an initial "proof of concept" project to supply digital currency boards in 50 UK Post Office branches.

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Tesla shares surge as Trump looks to establish Federal framework for fully self-driving cars

18th Nov 2024 10:19

(Sharecast News) - Shares in electric carmaker Tesla surged ahead of the bell on Monday following news that president-elect Donald Trump would look to establish a federal framework for fully self-driving vehicles and make it the Department of Transportation's priority number one.

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Boohoo raises £40m amid ongoing spat with Mike Ashley

18th Nov 2024 10:00

(Sharecast News) - Troubled fast-fashion retailer Boohoo on Monday confirmed it had managed to raise around £40m in funding to bolster its balance sheet amid a row with major shareholder, Mike Ashley's Frasers Group.

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Energy prices expected to rise further in Q1

18th Nov 2024 09:54

(Sharecast News) - UK energy prices are expected to rise again in early 2025 to an average £1,736 per household, according to energy consultants Cornwall Insight.

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HSBC to sack hundreds of managers in shake-up - report

18th Nov 2024 09:39

(Sharecast News) - HSBC Holdings has reportedly asked hundreds of managers to reapply for jobs in the firm's newly-formed corporate and institutional banking division as chief executive Georges Elhedery continues his hunt for ways to make the bank run more efficiently.

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