News Archive
London midday: Stocks stay up amid US rate cut hopes
13th Sep 2024 10:50
(Sharecast News) - London stocks were still in the black by midday on Friday, with sentiment underpinned by US rate cut hopes, although gains were unspectacular in quiet trade.
Read moreEurope midday: Shares, gold rise on Fed bets; Worldline tanks
13th Sep 2024 10:49
(Sharecast News) - European shares opened higher on Friday as the betting increased on a larger-than-expected US interest rate cut in US, a day after the European Central Bank trimmed its benchmark, while gold prices were also driven to a record high.
Read moreQatar sovereign wealth fund wants to raise stake in Iberdrola past 10%
13th Sep 2024 10:30
(Sharecast News) - Qatar's sovereign wealth fund has told authorities in Madrid that it wishes to raise its stake in Iberdrola past 10%.
Read moreEurozone industrial production falls as expected
13th Sep 2024 10:22
(Sharecast News) - Industrial output in the eurozone fell as expected in July, with further weakness expected into the second half of the year as the manufacturing sector across the region continues to struggle.
Read moreUK inflation expectations reach three-year low
13th Sep 2024 09:52
(Sharecast News) - The British public's expectations for inflation have eased to a three-year low, a Bank of England survey showed on Friday.
Read moreWynnstay CEO Davies steps down
13th Sep 2024 09:44
(Sharecast News) - Agricultural supplies company Wynnstay said on Friday that Gareth Davies has stepped down from his role as chief executive "as he continues to focus on a serious family matter" but will remain on the board of directors.
Read moreEx-NY Fed chief Dudley says he'd go for 50bp cut on 8 September
13th Sep 2024 09:39
(Sharecast News) - A former top US central bank official said the size of the Federal Reserve's first interest rate cut in the current cycle was still up in the air.
Read moreUS pre-open: Futures point to further gains as markets eye rate cuts
13th Sep 2024 09:27
(Sharecast News) - US stock futures were pointing to more gains on Wall Street on Friday, with the S&P 500 and Nasdaq set for their fifth straight session in positive territory ahead of next week's anticipated rate cut by the Federal Reserve.
Read moreAsia report: ASX 200 nears all-time high on mixed day for region
13th Sep 2024 08:55
(Sharecast News) - Asia-Pacific markets closed mixed on Friday as mainland Chinese stocks fell to their lowest levels since 2019, while Australian shares edged closer to an all-time high.
Read moreEndeavour Mining achieves commercial production at two mines
13th Sep 2024 08:17
(Sharecast News) - Endeavour Mining's share price was given a boost on Friday after the West Africa-based gold producer achieved commercial production at its mines in Senegal and Côte d'Ivoire.
Read moreLondon open: Stocks edge up in quiet trade
13th Sep 2024 08:12
(Sharecast News) - London stocks edged up quiet trade early on Friday, with little in the way of market-moving news to provide any direction.
Read moreEurope open: Stoxx up on Fed rate cut bets
13th Sep 2024 07:54
(Sharecast News) - European shares opened higher on Friday as the betting increased on a larger-than-expected US interest rate cut in US, a day after the European Central Bank trimmed its benchmark.
Read moreBoeing workers down tools in pay dispute
13th Sep 2024 07:45
(Sharecast News) - Workers at Boeing have gone on strike, it was confirmed on Friday, after voting overwhelmingly to reject a tentative 25% pay rise.
Read moreBalfour Beatty awarded £363m National Grid contract
13th Sep 2024 07:42
(Sharecast News) - Infrastructure group Balfour Beatty said on Friday that it has been awarded a £363m contract by National Grid to deliver the Bramford to Twinstead Reinforcement project.
Read moreDSV buys Schenker from Deutsche Bahn for €14bn
13th Sep 2024 07:41
(Sharecast News) - Danish freight, sea freight, road transport services and logistics giant DSV has agreed to take over Deutsche Bahn's logistics arm Schenker for €14.3bn.
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