News Archive

Australia green group drops court challenge to Woodside gas project

19th Aug 2024 07:15

(Sharecast News) - A major environmental group in Australia said it was dropping a court challenge to stop Woodside Energy's $12.5bn Scarborough gas project in Western Australia.

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Barratt-Redrow merger to complete this week as housebuilders engage with CMA

19th Aug 2024 07:07

(Sharecast News) - Barratt Developments and Redrow have reported that their impending £2.5bn merger should complete later this week despite local competition concerns raised by regulators.

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Caledonia Investments buys majority stake in DTM for £55m

19th Aug 2024 07:03

(Sharecast News) - Caledonia Investments said it had paid £55m to buy a majority stake in Direct Tyre Management, a provider of outsourced tyre management services to fleet operators.

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Sunday newspaper round-up: Ukraine ceasefire, Morrisons, Labour

18th Aug 2024 21:39

(Sharecast News) - Moscow has postponed landmark negotiations with Kyiv that might have resulted in a partial ceasefire between the two countries. The two sides had agreed to send delegations to Doha for indirect talks aimed at stopping attacks on energy infrastructure. But the 6 August incursion into Russian territory by Ukraine's troops has been labelled as an escalation and led Moscow to postpone the talks. Some officials had hoped that the negotiations might mark a first step towards a deal to end the war. Nonetheless, Moscow had yet to call off the talks entirely and Kyiv had said that the summit would still go ahead on 22 August via video. - The Sunday Telegraph

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London close: Stocks slip on relatively quiet Friday

16th Aug 2024 17:46

(Sharecast News) - London's stock markets closed lower on Friday, weighed down by a stronger pound and mixed investor sentiment following the release of the latest UK retail sales figures.

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Europe close: Stocks end week on an up note

16th Aug 2024 16:58

(Sharecast News) - European shares were higher at the end of the week with risk appetite buoyed after data published the day before reduced concern around the outlook for the US economy.

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Director dealings: Tullow Oil director makes share purchase

16th Aug 2024 15:58

(Sharecast News) - Tullow Oil revealed on Friday that non-executive director Roald Goethe had acquired 300,000 ordinary shares in the FTSE 250-listed exploration firm.

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FTSE 100 movers: Entain gains on upgrade; miners in the red

16th Aug 2024 14:44

(Sharecast News) - London's FTSE 100 was down 0.5% at 8,309.08 in quiet afternoon trade on Friday.

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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.

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US 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.

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Week 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.

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US 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.

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FTSE 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%

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BoE 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.

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Revolut 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.

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