News Archive
FTSE 100 movers: Smurfit Westrock up on JPM note; water firms give back gains
12th Jul 2024 14:32
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,250.61 in afternoon trade on Friday.
Read moreLufthansa issues profits warning as Q2 earnings fall
12th Jul 2024 14:01
(Sharecast News) - Deutsche Lufthansa on Friday slashed annual earnings estimates for a second time and also issued a profit warning as it struggled with higher costs and lower business demand.
Read moreUnilever to cut third of office roles in Europe - report
12th Jul 2024 13:40
(Sharecast News) - Unilever is reportedly planning to cut a third of all office roles in Europe by the end of next year, as the company's new chief executive forges ahead with his plan to boost growth at the struggling consumer goods giant.
Read moreBHP and Vale ink deal on UK group action for 2015 Brazil dam breach
12th Jul 2024 13:39
(Sharecast News) - Iron ore miner Vale has agreed to pay half of any awards to claimants as part of the UK group action against BHP for the 2015 failure of the Fundao dam in Brazil.
Read moreUS PPI comes in hotter than expected in June
12th Jul 2024 13:28
(Sharecast News) - The US producer price index advanced 0.2% in June, according to the Bureau of Labor Statistics, slightly more than the 0.1% increase expected on the Street.
Read moreWeek ahead: BoE, ECB in focus
12th Jul 2024 12:50
(Sharecast News) - The coming week will bring with it potentially key readings for inflation and employment that some economists believe may decide whether or not the Bank of England cuts interest rates in August.
Read moreUS inflation expectations ease a tad in July, University of Michigan says
12th Jul 2024 12:46
(Sharecast News) - Consumer sentiment in the US remained little changed in July, although expectations for price gains did ease a tad, the results of a closely followed survey showed.
Read moreJP Morgan reports big jump in Q2 revenues and profit, but cautions on tail risks
12th Jul 2024 12:45
(Sharecast News) - JP Morgan posted big increases on both its top and bottom lines, even as its boss continued to call attention to the potential risks on the horizon.
Read moreMonths of AT&T call records exposed in data breach
12th Jul 2024 12:09
(Sharecast News) - American telecoms giant AT&T revealed on Friday that the call and text logs of its customers were hacked between May and October 2022, and said that at least one person has been arrested.
Read moreWells Fargo shares down in pre-market as Q2 net interest income falls
12th Jul 2024 11:22
(Sharecast News) - Banking giant Wells Fargo revealed on Friday that Q2 net interest income was almost down double-digits year-on-year.
Read moreEurope midday: Stoxx up on rate cut hopes; Big US banks in focus
12th Jul 2024 11:12
(Sharecast News) - European shares were higher on Friday, with sentiment buoyed by an unexpected fall in US inflation that raised hopes of a rate cut in September.
Read moreCiti posts higher Q2 revenues and profit, lifts dividend
12th Jul 2024 11:09
(Sharecast News) - Citigroup posted higher quarterly revenues and profit, alongside an increased dividend.
Read moreRio Tinto eyeing up possible mega deal - report
12th Jul 2024 11:01
(Sharecast News) - Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada's Teck Resources.
Read moreUS pre-open: Stocks little changed as traders await bank earnings
12th Jul 2024 10:58
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday ahead of more key inflation data and a number of earnings from major US banks.
Read moreNorwegian Air shares jump as airline swings to Q2 profit
12th Jul 2024 10:48
(Sharecast News) - Shares in Norwegian Air surged on Friday after the carrier swung to a profit in the second quarter on the back of strong passenger growth and an improved cost performance.
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