News Archive

London open: US politics, global IT glitch trip up investors

19th Jul 2024 08:11

(Sharecast News) - Stocks in London were trading lower in early trading as investors digested the latest political headlines out of the US and their potential implications for the stock market.

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Microsoft outage hits airlines, RNS others globally

19th Jul 2024 08:09

(Sharecast News) - Thousands of businesses around the world were thrown into disarray on Friday after a software update from cybersecurity firm CrowdStrike led to Microsoft-run system crashes at airlines, banks, hospitals, media outlets and retailers.

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Europe open: Shares lower as investors mull ECB rate call; global IT outage

19th Jul 2024 07:39

(Sharecast News) - European stocks opened lower on Friday as a major technical outage involving Microsoft hit businesses around the world.

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Government borrowing higher than forecast in June - ONS

19th Jul 2024 07:32

(Sharecast News) - Public sector borrowing came in higher than expected in June, official data showed on Friday.

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Friday newspaper round-up: Arena Television, social care, Obama, Netflix, Pret a Manger

19th Jul 2024 07:25

(Sharecast News) - Liquidators of Arena Television, the failed outside broadcast business at the centre of what has been called Britain's "largest ever" asset-based lending fraud, are suing Lloyds Banking Group for up to £285 million. Lloyds and its Bank of Scotland subsidiary are accused of processing payments "without authority", allegedly allowing Arena's directors to perpetrate a "substantial and wide-ranging fraud" against scores of lenders, court filings show. - The Times

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London pre-open: Stocks set to dip, US political soap opera in focus

19th Jul 2024 07:04

(Sharecast News) - Stocks in London looked set for a muted start as investors digested the latest political headlines out of the US and their potential implications for the stock market.

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Segro Europe JV sells Italian warehouses for €327m

19th Jul 2024 07:03

(Sharecast News) - A joint venture half-owned by SEGRO has sold a portfolio of logistics warehouses in Italy for €327m (£275m), the company said on Friday.

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UK retail sales slide in June - ONS

19th Jul 2024 07:02

(Sharecast News) - UK retail sales fell by more than expected in June, official data showed on Friday, partially reversing May's jump.

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US close: Stocks lower as Nasdaq extends slide another session

18th Jul 2024 21:31

(Sharecast News) - Major indices were in the red at the close of trading on Thursday following a heavy tech selloff in the previous session that saw the Nasdaq Composite deliver its worst daily performance since December 2022.

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Europe close: Stocks finish mixed as ECB holds steady

18th Jul 2024 16:34

(Sharecast News) - European stocks finished mixed on Thursday as investors digested the latest monetary policy meeting from the European Central Bank, which kept the door open to a possible interest-rate cut in September.

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London close: Stocks finish higher after UK, US jobs data

18th Jul 2024 16:03

(Sharecast News) - London stocks remained positive by the close on Thursday, buoyed by investor reactions to new employment data from the United States and the UK.

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Bank of England CHAPS payments system hit

18th Jul 2024 15:23

(Sharecast News) - The Bank of England said on Thursday that its CHAPS service has been hit by a global payments issue, delaying some high value and time-sensitive payments, including house purchases.

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Broker tips: Schroders, Babcock, Capita

18th Jul 2024 15:11

(Sharecast News) - Morgan Stanley lifted Schroders to 'overweight' from 'equalweight' on Thursday as it took a look at European asset managers.

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Director dealings: Tate & Lyle director snaps up shares

18th Jul 2024 15:10

(Sharecast News) - Tate & Lyle revealed on Thursday that non-executive director Jeffrey Carr had acquired 10,000 ordinary shares in the FTSE 250-listed food and beverage business.

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RBC Capital lifts Capita price target to adjust for recent disposal

18th Jul 2024 15:09

(Sharecast News) - RBC Capital Markets lifted its price target on Capita on Thursday to 2,200p from 1,800p as it adjusted forecasts for the Capita One disposal.

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