News Archive
Meta accused of breaching EU rules with new ad model
1st Jul 2024 12:30
(Sharecast News) - Facebook's parent company, Meta, was facing allegations from European Union regulators of breaching the bloc's strict competition rules on Monday, through its ad-supported subscription service introduced for Facebook and Instagram in Europe last year.
Read moreSareum announces positive results from kinase inhibitor trial
1st Jul 2024 11:23
(Sharecast News) - Sareum Holdings announced positive topline results from its phase 1a clinical trial of SDC-1801, a dual TYK2/JAK1 kinase inhibitor under development for treating autoimmune diseases.
Read moreHelium One reports progress at Rukwa project
1st Jul 2024 11:11
(Sharecast News) - Tanzania-focussed helium explorer and developer Helium One Global updated the market on operations at its Rukwa project on Monday, where preparations were underway for an extended well test (EWT) at the Itumbula West-1 (ITW-1) site.
Read moreEurope midday: Shares up despite far-right lead in French elections
1st Jul 2024 11:03
(Sharecast News) - European shares opened higher at the start of the new trading week as investors assessed first round results in France's snap parliamentary election which showed the far-right anti-immigrant National Rally (RN) party in front.
Read moreUS pre-open: Futures track higher ahead of first session of H2
1st Jul 2024 10:58
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Monday as traders get ready for the second half of the trading year to get underway.
Read moreLondon midday: Stocks maintain gains after raft of UK data; French elections in focus
1st Jul 2024 10:52
(Sharecast News) - London stocks were off earlier highs but still in the black by midday on Monday as investors mulled a raft of UK data and French election results suggesting the Far Right will fall short of an absolute majority in the second round of voting.
Read moreSeb James stepping down as Boots managing director
1st Jul 2024 10:51
(Sharecast News) - Walgreens Boots Alliance announced on Monday that Sebastian James, managing director of Boots, had decided to leave the company to pursue a new role in the healthcare sector.
Read moreUK mortgage approvals dip in May
1st Jul 2024 10:37
(Sharecast News) - UK mortgage approvals dipped in May as higher mortgage rates continued to take their toll, according to data released on Monday by the Bank of England.
Read moreUK shop price inflation falls to 32-month low
1st Jul 2024 10:35
(Sharecast News) - The annual growth in prices at UK tills slowed significantly in June, according to the latest shop price index released by the British Retail Consortium (BRC) and NielsenIQ.
Read moreAir France-KLM warns of revenue pressure from Paris Olympics
1st Jul 2024 10:21
(Sharecast News) - Air France-KLM Group warned of revenue pressure over the summer on Monday, as a direct result of the Paris Olympic Games.
Read moreUK manufacturing growth slows in June
1st Jul 2024 10:17
(Sharecast News) - Growth in the UK manufacturing sector slowed slightly in June, according to a survey released on Monday.
Read moreSigmaRoc enters partnership to repurpose quarry spoil
1st Jul 2024 10:16
(Sharecast News) - SigmaRoc announced a 10-year strategic alliance with Duo Group on Monday, to produce and sell sustainable limestone aggregates in the UK, a move projected to generate over £150m in incremental revenue while reducing environmental impact through the repurposing of limestone quarry waste.
Read moreZenova receives trial order from University of Sheffield
1st Jul 2024 09:51
(Sharecast News) - Fire safety business Zenova said on Monday that it has received a trial order from the University of Sheffield.
Read moreRainbow Rare Earths raises $10m through Ecora Resources partnership
1st Jul 2024 09:41
(Sharecast News) - Rainbow Rare Earths has raised $10m through a royalty agreement with Ecora Resources and a share placing that will allow it to complete a definitive feasibility study (DFS) for its Phalaborwa project in South Africa.
Read moreNorthamber acquires Irish cybersecurity distributor
1st Jul 2024 09:21
(Sharecast News) - Audiovisual and information technology distributor Northamber said on Monday that it has acquired Irish cybersecurity solutions firm Renaissance Contingency Services in a deal worth up to €900,000.
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