News Archive
US open: Major indices on track for winning week despite early losses
16th Aug 2024 14:32
(Sharecast News) - US stocks were mostly in the red early on Friday, putting S&P 500 at risk of snapping its six-session winning streak.
Read moreUS consumer confidence little changed in August, University of Michigan says
16th Aug 2024 14:29
(Sharecast News) - Americans' confidence in the economy and their finances was little changed in August, the results of a closely followed survey revealed.
Read moreWeek ahead: Jackson Hole Symposium, PMI surveys in focus
16th Aug 2024 14:28
(Sharecast News) - Financial markets' focus over the coming week will be on the outlook for monetary policy in the US.
Read moreUS building permits, housing starts fall in July
16th Aug 2024 13:58
(Sharecast News) - US building permits fell by 4% in July to a seasonally adjusted annualised rate of 1.39m, according to the Census Bureau, the lowest level seen in four years and below market expectations of 1.43m.
Read moreFTSE 250 movers: Playtech bucks the trend; SSP Group off the menu
16th Aug 2024 13:30
(Sharecast News) - FTSE 250 (MCX) 21,008.81 -0.40%
Read moreBoE appoints Alan Taylor as new rate setter
16th Aug 2024 13:03
(Sharecast News) - The Bank of England announced on Friday that it has appointed Professor Alan Taylor as member of the Monetary Policy Committee, replacing Jonathan Haskel.
Read moreRevolut valued at $45bn after secondary share sale
16th Aug 2024 11:54
(Sharecast News) - British fintech firm Revolut reached a valuation of $45bn, it was reported on Friday, after a secondary share sale involving new and existing investors.
Read moreEurope midday: Shares rise on upbeat data; Bayer surges on Roundup ruling
16th Aug 2024 11:33
(Sharecast News) - European shares were higher as data from the US allayed fears of a potential recission, while upbeat retail sales figures in the UK also boosted sentiment.
Read moreLondon midday: Stocks fall further as sterling gains; retail sales in focus
16th Aug 2024 10:45
(Sharecast News) - London stocks had extended losses by midday on Friday amid a firmer pound, as investors mulled the latest UK retail sales data.
Read moreFCA fines PwC over failure to report London Capital & Finance suspicions
16th Aug 2024 10:14
(Sharecast News) - The Financial Conduct Authority has fined PwC £15.0m for failing to report its belief that London Capital & Finance may be involved in fraudulent activity, marking the first time the regulator has fined an audit firm.
Read moreRobinson to pay interim dividend slightly earlier
16th Aug 2024 10:13
(Sharecast News) - Robinson, a custom manufacturer of plastic and paperboard packaging based in Chesterfield, announced a change to the payment date of its interim dividend on Friday.
Read moreLungLife test secures Medicare coverage determination
16th Aug 2024 10:10
(Sharecast News) - Lung cancer diagnostic technology developer LungLife AI announced the finalisation of Medicare coverage for its molecular risk-stratification test, LungLB, aimed at evaluating indeterminate pulmonary nodules, on Friday.
Read moreUS pre-open: Stocks little changed, major indices on track for winning week
16th Aug 2024 10:03
(Sharecast News) - US futures were in the red ahead of the bell on Friday, putting Wall Street stocks on course for a winning week.
Read moreBotswana Diamonds launches AI analysis on its vast database
16th Aug 2024 09:59
(Sharecast News) - Botswana Diamonds announced the start of a new programme using artificial intelligence (AI) on Friday, to analyse its extensive diamond exploration database in Botswana.
Read moreBayer shares jump on court win in Roundup case
16th Aug 2024 09:55
(Sharecast News) - Shares in German chemicals maker Bayer surged on Friday after a US appeals court said it was protected under federal law which would limit liability from claims that its Roundup weed killer causes cancer.
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