News Archive

Asia report: Markets fall on Biden withdrawal, China cuts rates

22nd Jul 2024 09:20

(Sharecast News) - Asia-Pacific markets experienced a broad decline on Monday following significant political and economic developments.

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Fonix Mobile ends year ahead of market expectations

22nd Jul 2024 09:16

(Sharecast News) - Mobile payments and messaging technology provider Fonix Mobile reported a strong full-year financial performance in a trading update on Monday.

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Tristel flags forecast-busting full-year results

22nd Jul 2024 09:11

(Sharecast News) - Infection prevention products manufacturer Tristel released a robust trading update for the year ended 30 June on Monday, with revenues and pre-tax profits surpassing market expectations.

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Balanced Commercial Property sells Curzon Street office holding

22nd Jul 2024 09:05

(Sharecast News) - Balanced Commercial Property Trust announced the sale of its multi-let office holding at 17A Curzon Street, London W1 on Monday.

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London open: Markets rise after PBoC rate cut, but airline stocks fall

22nd Jul 2024 08:32

(Sharecast News) - UK stocks edged higher on Monday morning as markets reacted to a surprise interest-rate cut in China, while investors digested the latest political drama across the Pond.

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Spaceandpeople scores five-year contract with Network Rail and Southeastern Trains

22nd Jul 2024 08:13

(Sharecast News) - Retail space provider Spaceandpeople said on Monday that it has secured a new five-year contract with Network Rail and Southestern Trains.

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Anglo American Platinum on track despite profits fall

22nd Jul 2024 08:01

(Sharecast News) - South Africa's Anglo American Platinum said its restructuring programme remained on track on Monday, as it posted a sharp drop in half-year profits.

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Europe open: Shares up as investors mull Biden withdrawal

22nd Jul 2024 07:51

(Sharecast News) - European shares opened higher on Monday as investors assessed the impact of US President Joe Biden's decision not to contest the election in November.

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MONY Group holds on to guidance despite record first half

22nd Jul 2024 07:42

(Sharecast News) - Moneysupermarket.com operator MONY Group hailed its best-ever results for a first half, as revenues hit a quarter of a billion pounds on the back of a strong performance in the insurance and cashback categories.

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China PBoC cuts interest rates

22nd Jul 2024 07:36

(Sharecast News) - Rate-setters in China lowered their short-term policy rate for the first time since the summer of 2023.

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Ofcom fines BT £17.5m for 'catastrophic' 999 failings

22nd Jul 2024 07:30

(Sharecast News) - The regulator has fined BT Group nearly £18m over "catastrophic" 999 call-handling failures, it was announced on Monday.

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Kroger places order for new Ocado automated technologies

22nd Jul 2024 07:21

(Sharecast News) - US grocery giant Kroger ordered two of Ocado's newest technology solutions for its existing and future customer fulfilment centres.

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Hammerson offloads stake in Value Retail, plans £140m buyback

22nd Jul 2024 07:19

(Sharecast News) - Shopping centre owner Hammerson said it had sold its interest in Value Retail to consumer-focused investment firm L Catterton for an enterprise value of £1.5bn and also announced a £140m share buyback along with a one-for-10 shar consolidation.

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Entain appoints Gavin Isaacs as its new chief executive

22nd Jul 2024 07:17

(Sharecast News) - Gambling giant Entain announced the appointment of Gavin Isaacs as its new chief executive officer on Monday, effective from 2 September.

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Monday newspaper round-up: Biden, gambling levy, UK economy...

22nd Jul 2024 07:15

(Sharecast News) - Kamala Harris, the vice-president, has emerged as the frontrunner to replace President Biden as the Democratic nominee for the election against Donald Trump in November. Biden, 81, announced yesterday afternoon that he would drop out of the race. In the hours that followed, Harris, 59, was endorsed by leading Democrats, prospective rivals and the chairs of all 50 state parties. - The Times

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