News Archive
Election uncertainty weighs on UK service sector - PMI
3rd Jul 2024 08:30
(Sharecast News) - The pace of growth in the UK service sector softened in June, a closely-watched survey showed on Wednesday, weighed down by the forthcoming general election.
Read moreEurope open: Shares up on rate hopes; Eyes on UK, French elections
3rd Jul 2024 08:03
(Sharecast News) - European stocks opened higher on Wednesday amid hopes that a cut in US interest rates was in sight, while investors also eyed national elections in the UK on Thursday and France on the weekend.
Read moreEquals Group H1 revenues grow YOY
3rd Jul 2024 08:02
(Sharecast News) - Fintech payments group Equals said on Wednesday that interim revenues had improved.
Read moreLondon open: FTSE gains on US rate cut hopes
3rd Jul 2024 07:57
(Sharecast News) - London stocks rose in early trade on Wednesday, taking their cue from a positive close on Wall Street amid US rate cut hopes.
Read moreKeywords Studios to be taken over by EQT in £2.1bn deal
3rd Jul 2024 07:54
(Sharecast News) - AIM-listed Keywords Studios said on Wednesday that it has agreed to be taken over by European private equity firm EQT in a £2.1bn deal.
Read moreBaltic Classifieds Group reports strong full-year performance
3rd Jul 2024 07:47
(Sharecast News) - Baltic Classifieds Group reported a strong full-year performance across its business lines on Wednesday.
Read moreTopps Tiles sales fall amid challenging market conditions
3rd Jul 2024 07:45
(Sharecast News) - Topps Tiles on Wednesday said challenging market conditions had continued into the second half of its fiscal year, leading to a fall in sales.
Read moreChina service sector growth eases to eight-month low - Caixin
3rd Jul 2024 07:43
(Sharecast News) - Growth in China's services sector eased to an eight-month low in June, according to data released on Wednesday.
Read moreLondon pre-open: Stocks seen up on positive US cues
3rd Jul 2024 07:39
(Sharecast News) - London stocks were set to rise at the open on Wednesday following gains on Wall Street, as investors welcomed upbeat comments on the economic outlook from Federal Reserve chair Jerome Powell.
Read moreVodafone in new network tie-up with Virgin Media O2
3rd Jul 2024 07:23
(Sharecast News) - Vodafone UK and Virgin Media O2 have agreed to extend and enhance their existing mobile network sharing agreement for more than a decade, forming a new company that will invest £11bn in the project.
Read moreWednesday newspaper round-up: Private rents, M&S, Hipgnosis
3rd Jul 2024 07:21
(Sharecast News) - Average private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties. Data shows that the typical advertised rent outside London reached a record £1,316 a calendar month in May, the property website Rightmove said. The figure for London was £2,652 a month - almost three times the £894 asked for in north-east England. - Guardian
Read moreCiti upgrades Diageo to 'buy', points to 'cocktail of opportunities'
3rd Jul 2024 07:17
(Sharecast News) - Citi upgraded Diageo to 'buy' on Wednesday and lifted the price target to 3,000p from 2,825p as it pointed to "a cocktail of opportunities".
Read moreUS close: Tesla, Powell comments drive markets to new highs
2nd Jul 2024 22:19
(Sharecast News) - Despite a mediocre start, US stock markets rallied into the afternoon with the S&P 500 finishing above the 5,500 mark for the first time and the S&P 500 notching its 22nd record close of the year.
Read moreLondon close: Stocks fall on EU inflation, US jobs data
2nd Jul 2024 17:24
(Sharecast News) - London stocks closed lower on Tuesday as investors digested eurozone inflation data and a modest increase in US job openings.
Read moreSector movers: Construction, Big Oil pace gains
2nd Jul 2024 16:57
(Sharecast News) - Construction stocks paced gains on the FTSE 350 on Tuesday, in anticipation of a Labour victory at the next elections and of policies friendly to the sector.
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