News Archive
BHP 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.
Read moreUS pre-open: Powell's Jackson Hole speech continues to lift stocks
26th Aug 2024 12:13
(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Monday as market participants cheered news that the Federal Reserve appeared to be on the cusp of making interest rate cuts.
Read moreSunday newspaper round-up: Hezbollah, Economic pain, Wealth tax
25th Aug 2024 21:27
(Sharecast News) - Approximately 100 Israeli fighter jets launched strikes on around 270 targets located in over 40 southern Lebanese towns and villages. The set of strikes was one of the biggest between the two sides since fighting resumed in October. The bulk of the strikes were against short-range rocket launchers that could be used to hit northern Israel. In response, terrorist group Hezbollah fired over 320 Katyusha rockets at 11 military targets inside Israel. Most projectiles were stopped or hit open areas. - The Sunday Times
Read moreUS close: Stocks surge as Powell signals impending rate cut
23rd Aug 2024 22:53
(Sharecast News) - Wall Street's three equity benchmarks surged well over 1% each on Friday after the head of the Federal Reserve cemented expectations for an interest-rate cut next month, saying "the time has come for policy to adjust".
Read moreEurope close: Stocks extend gains as Fed chief signals rate cuts lie ahead
23rd Aug 2024 17:11
(Sharecast News) - European stocks pushed higher still at the end of the week after the head of America's central bank clearly signalled that a first interest rate cut in the current cycle was coming in September.
Read moreUS new home sales jump in July
23rd Aug 2024 15:40
(Sharecast News) - Sales of newly-built homes jumped during the previous month.
Read moreDirector dealings: Bluejay Mining non executive director ups stake
23rd Aug 2024 15:33
(Sharecast News) - Bluejay Mining revealed on Friday that non-executive director Roderick McIllree had acquired 7.5m ordinary shares in the AIM-listed exploration and development company.
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