News Archive
Regional REIT makes 'strong progress' on lettings during Q2
5th Aug 2024 08:32
(Sharecast News) - Regional property specialist Regional REIT said on Monday that it had made "strong progress" on lettings and disposals during the three months ended 30 June.
Read moreSocGen to sell Swiss, UK private banking arms to UBP in €900m deal
5th Aug 2024 08:26
(Sharecast News) - Societe Generale said on Monday that it has agreed to sell its Swiss and UK private banking arms to Union Bancaire Privée (UBP), a Swiss bank specialised in wealth and asset management, for around €900m (£770.50m).
Read moreWood Group tumbles as Sidara walks away
5th Aug 2024 08:24
(Sharecast News) - Wood Group tumbled on Monday after Dubai-based engineering and consultancy firm Sidara said it won't be making a firm takeover offer for the company due to "geopolitical risks and financial market uncertainty".
Read moreEurope open: Stocks sharply lower as global selloff continues
5th Aug 2024 08:01
(Sharecast News) - European shares were sharply lower again as markets opened on Monday after last week's US manufacturing and payrolls data reignited recession fears and sparked a global selloff.
Read moreLondon open: FTSE tumbles amid global selloff
5th Aug 2024 07:58
(Sharecast News) - London stocks tumbled in early trade on Monday amid a global market selloff, after Japan's Nikkei fell more than 12%, suffering its worst session since Black Monday in 1987.
Read moreJPMorgan reinstates coverage on Serco at 'overweight'
5th Aug 2024 07:53
(Sharecast News) - JPMorgan Cazenove reinstated coverage on Serco on Monday with an 'overweight' rating and a target price of 215p.
Read moreChina services sector growth picks up in July - Caixin
5th Aug 2024 07:43
(Sharecast News) - Activity in China's services sector picked up in July, according to a survey released on Monday.
Read moreLondon pre-open: Stocks to slide amid global market selloff
5th Aug 2024 07:33
(Sharecast News) - London stocks were set to tumble at the open on Monday after Japan's Nikkei tanked more than 12%, continuing the selloff that began on Friday.
Read moreMonday newspaper round-up: Manufacturing, defences, financial services jobs
5th Aug 2024 07:20
(Sharecast News) - Imported food coming into the UK through Brexit border posts is being sent back to Europe to be tested due to a lack of laboratory capacity in Britain, food bodies have said. The SPS Certification Working Group, which represents 30 trade bodies covering £100bn worth of the UK's food supply, has written to the government warning that members are being advised that some samples of imported foods are being sent to countries such as Germany to be tested before they can be released at the border. - Guardian
Read moreSenior confident after mixed first half
5th Aug 2024 07:17
(Sharecast News) - Senior reported what it called a "robust" set of interim results on Monday, despite mixed performances across some metrics.
Read moreClarksons posts drop in interim profits but lifts dividend, reiterates FY expectations
5th Aug 2024 07:16
(Sharecast News) - Shipping services firm Clarksons reiterated its expectations for the full year on Monday even as it posted a drop in interim profit and revenue.
Read moreOctopus Renewables declares second-quarter dividend
5th Aug 2024 07:15
(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) declared an interim dividend of 1.51p per share for the period from 1 April to 30 June on Monday.
Read moreTuesday preview: Global financial stability, RBA rate decision in focus
5th Aug 2024 06:55
(Sharecast News) - Investors' focus on Tuesday will be on equity markets and whether or not the rout of the last few sessions abates.
Read moreSunday newspaper round-up: TalkTalk, Apple, Andrew Bailey
4th Aug 2024 13:01
(Sharecast News) - Contacts between TalkTalk and Macquarie aimed at a £450m investment by the latter in its wholesale unit, known as PlatformX, have run into a wall. The news comes as TalkTalk races to refinance its £1bn debt pile in August, which is comprised of a £330m revolving credit facility maturing in November and a £685m loan falling due in February. TalkTalk was set to be seeking a £1.5bn valuation and Sky News reported that Macquarie wanted a 40% stake in PlatformX. The Australian investment bank was still interested but talks had stalled. TalkTalk founder Sir Charles Dunstone was scheduled to meet with banks and bondholders on Monday. - The Sunday Times
Read moreUS close: Stocks sharply lower for second-straight session
2nd Aug 2024 22:39
(Sharecast News) - Wall Street stocks closed sharply on Friday amid resurgent fears of a potentially oncoming recession.
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