News Archive
Shein planning £50bn London listing early next year - reports
18th Nov 2024 07:22
(Sharecast News) - Singapore-domiciled Chinese fast fashion giant Shein is preparing for a highly anticipated initial public offering on the London Stock Exchange in early 2025, it was reported on Monday, targeting a valuation of £50bn.
Read moreBudget weighs on UK house prices - Rightmove
18th Nov 2024 07:19
(Sharecast News) - UK house prices eased in November, industry research showed on Monday, as uncertainty around the Budget weighed on demand.
Read moreElementis CEO Waterman to step down
18th Nov 2024 07:18
(Sharecast News) - Elementis announced on Monday that its chief executive officer Paul Waterman would step down following nine years at the helm.
Read moreIP Group's AMSL Aero electric aircraft hails maiden flight
18th Nov 2024 07:18
(Sharecast News) - Australia's AMSL Aero, a portfolio company of UK science and innovation investor IP Group, on Monday said its Vertiia electric vertical take-off and landing aircraft (eVTOL) had completed its first untethered flights.
Read moreHalma buys medical device firm Lamidey Noury
18th Nov 2024 07:15
(Sharecast News) - Safety equipment maker Halma has announced it is buying Lamidey Noury Medical, a Paris-based manufacturer of medical technology devices, for €50m.
Read moreMelrose holds guidance as aftermarket work boosts revenues
18th Nov 2024 07:02
(Sharecast News) - Shares in Melrose spiked on Monday as the UK aerospace company reported a rise in revenues driven by aftermarket demand in its engines division, particularly in defence.
Read moreUS close: Major indices return some post-election gains
17th Nov 2024 19:36
(Sharecast News) - Wall Street stocks closed lower on Friday as major indices shrugged off last week's record-setting post-election rally.
Read moreSunday newspaper round-up: Kursk, AstraZeneca, BAE Systems
17th Nov 2024 18:14
(Sharecast News) - America's President has authorised Ukraine to employ long-range ATACMS supplied by the US to strike targets inside Russia. More specifically, Kyiv will now be allowed to strike targets within the Kursk region, the New York Times reported. Speculation may increase that permission from Britain, the US and France to do the same with Storm Shadow missiles could follow. Joe Biden's decision is said to have been triggered by the appearance of North Korean troops in the Kursk region. - The Sunday Telegraph
Read moreBroker tips: Flutter Entertainment, Premier Foods
15th Nov 2024 16:54
(Sharecast News) - Premier Foods' share price rally has further to run, according to RBC Capital Markets, which reiterated an 'outperform' rating on the stock on Friday and hiked its target price following the manufacturer's interim results this week.
Read moreEurope close: Pharma and Tech issues drag on indices
15th Nov 2024 16:48
(Sharecast News) - Most European equity markets incurred in slight losses on Friday with pharma and technology stocks pacing losses.
Read moreDirector dealings: AstraZeneca CEO ups stake
15th Nov 2024 16:11
(Sharecast News) - AstraZeneca revealed on Friday that chief executive officer Pascal Soriot had acquired 20,000 ordinary shares in the FTSE 100-listed drugmaker.
Read moreUS open: Stocks lower following Powell comments, retails sales numbers
15th Nov 2024 15:25
(Sharecast News) - Wall Street stocks were in the red early on Friday, setting major indices on a course for a losing week following last week's solid post-election rally.
Read moreLondon close: Stocks end turbulent week in the red
15th Nov 2024 15:21
(Sharecast News) - London stocks ended Friday in negative territory, weighed down by losses in pharmaceutical shares and a surprise slowdown in UK economic growth during the third quarter.
Read moreRosslyn inks big partnership with top-five consulting firm
15th Nov 2024 15:16
(Sharecast News) - Enterprise spend intelligence specialist Rosslyn Data Technologies announced on Friday that it has formed a significant partnership with a top-five global consulting firm.
Read moreFTSE 100 movers: Pharma stocks take a hit; Land Securities rallies
15th Nov 2024 15:15
(Sharecast News) - London's FTSE 100 was down 0.1% at 8,062.10 in afternoon trade on Friday.
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