News Archive
London pre-open: Stocks seen down despite Wall St gains
20th Aug 2024 07:34
(Sharecast News) - London stocks were set to fall at the open on Tuesday despite a solid session on Wall Street.
Read moreEurope open: Stocks extend win streak as Sweden cuts rates
20th Aug 2024 07:33
(Sharecast News) - European stocks rose for the sixth straight day on Tuesday as the Stoxx 600 index inches closer to record-high levels as hopes increased that looser monetary policy will fuel more gains.
Read moreAntofagasta's first-half profits fall as expected
20th Aug 2024 07:32
(Sharecast News) - Copper miner Antofagasta reported a 7% drop in half-year profits as higher prices were offset by falling volumes and higher depreciation and amortisation, though the bottom line came in slightly ahead of market forecasts.
Read moreTuesday newspaper round-up: Missing yacht, City Airport, energy bills
20th Aug 2024 07:28
(Sharecast News) - Morgan Stanley International chairman Jonathan Bloomer is among those missing after a yacht carrying UK tech entrepreneur Mike Lynch sank off the coast of Sicily during a violent storm, an Italian official has said. Salvatore Cocina, head of the civil protection agency in Sicily, said Bloomer and Chris Morvillo, a lawyer at Clifford Chance, were among the six people missing. Lynch and his 18-year-old daughter, Hannah, were also unaccounted for as of late Monday. - Guardian
Read moreGSK lung cancer drug gets FDA breakthrough designation
20th Aug 2024 07:22
(Sharecast News) - Pharmaceutical giant GSK announced on Tuesday that the US Food and Drug Administration (FDA) has granted breakthrough therapy designation to its investigational drug, GSK5764227 (GSK'227), for the treatment of patients with extensive-stage small-cell lung cancer (ES-SCLC) who had experienced disease progression following platinum-based chemotherapy.
Read moreGran Tierra agrees £174m acquisition of i3 Energy
20th Aug 2024 07:21
(Sharecast News) - Gran Tierra Energy has agreed to acquire i3 Energy, it was announced on Tuesday morning, in a cash and share deal worth £174.1m.
Read moreWeir wins £53m contract at Barrick's Reko Diq project
20th Aug 2024 07:18
(Sharecast News) - Mining tech group Weir has been awarded a £53m contract on the Reko Diq copper-gold project in Pakistan, a greenfield development part-owned by Barrick Gold Corporation that is said to be one of the largest mines of its kind in the world.
Read moreUS close: Stocks extend gains as rate-cut expectations rise
19th Aug 2024 23:42
(Sharecast News) - US stocks delivered another day of gains on Monday, helped by dovish comments from a prominent Federal Reserve policymaker, as the S&P 500 and Nasdaq extended their winning streaks into the eight straight session.
Read moreTuesday preview: Euro area CPI, China rate decision in focus
19th Aug 2024 18:12
(Sharecast News) - The market spotlight on Tuesday will be on a final reading for euro area consumer prices.
Read moreEurope close: Stocks gain despite drag from Defence issues
19th Aug 2024 17:37
(Sharecast News) - European shares swung into positive territory on Monday after a soft start, although defence stocks weighed on a report that Germany was pausing any new military assistance for Ukraine in its war against Russia.
Read moreDirector dealings: Science Group chairman ups stake
19th Aug 2024 15:32
(Sharecast News) - Science Group revealed on Monday that chairman Martyn Ratcliffe had acquired 10,000 ordinary shares in the AIM-listed science, engineering and technology firm.
Read moreUS open: Stocks mostly higher following winning week
19th Aug 2024 15:23
(Sharecast News) - Wall Street trading got off to a mixed start on Monday as major indices came off a winning week.
Read moreEnergean announces start-up of Cassiopea field
19th Aug 2024 15:05
(Sharecast News) - Energean has announced the successful start-up of the Cassiopea field, offshore Italy.
Read moreFTSE 100 movers: Barratt gains ahead of merger; BAE Systems slumps
19th Aug 2024 14:56
(Sharecast News) - London's FTSE 100 was up 0.6% at 8,364.31 in afternoon trade on Monday.
Read moreLondon close: Stocks finish higher on quiet Monday
19th Aug 2024 14:29
(Sharecast News) - London's stock markets managed to close higher on Monday, reversing earlier losses despite a lack of significant corporate or macroeconomic news.
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