News Archive
Quantum Blockchain investee Forcrowd gets EU Passport
11th Jul 2024 12:39
(Sharecast News) - Quantum Blockchain Technologies updated the market on its investee company Forcrowd on Thursday - an Italian equity-crowdfunding platform in which it holds a 41% stake.
Read morePepsiCo profits top expectations, revenue misses slightly
11th Jul 2024 12:10
(Sharecast News) - PepsiCo has reported a significant increase in its second-quarter profits on Thursday, surpassing Wall Street expectations despite a continuous decline in consumer demand for its snacks and beverages.
Read moreFaron gets positive FDA feedback on bexmarilimab study plans
11th Jul 2024 11:48
(Sharecast News) - Faron Pharmaceuticals announced positive feedback from the FDA regarding the clinical development plan for its drug candidate bexmarilimab, aimed at treating myelodysplastic syndrome (MDS), on Thursday.
Read morePolar Capital reports growth in assets under management
11th Jul 2024 11:37
(Sharecast News) - Active asset manager Polar Capital reported a significant increase in its assets under management (AuM) for the quarter ended 30 June on Thursday, rising to £23.5bn from £21.9bn at the end of March, making for a 7% increase.
Read moreBHP suspending Western Australia nickel operations
11th Jul 2024 11:29
(Sharecast News) - BHP announced the suspension of its Nickel West operations and the West Musgrave project in Western Australia on Thursday, starting from October.
Read moreJet2 hikes dividend as profits rise amid record passenger numbers
11th Jul 2024 11:28
(Sharecast News) - Jet2 posted a jump in full-year profit on Thursday and lifted its dividend as it hailed record passenger numbers.
Read morePetroTal reports robust second-quarter production
11th Jul 2024 11:22
(Sharecast News) - PetroTal reported robust second-quarter production in an update on Thursday, achieving an average production rate of 18,290 barrels of oil per day (bopd) despite a brief river blockade, with June's average production reaching 20,555 bopd.
Read moreEurope midday: Shares hold gains ahead of US inflation data
11th Jul 2024 11:19
(Sharecast News) - European shares opened higher on Thursday ahead of a key US inflation report and news that the UK economy grew more than expected in May.
Read moreLondon midday: Stocks tick higher after UK GDP data; water firms in focus
11th Jul 2024 11:07
(Sharecast News) - London stocks had edged further into the black by midday on Thursday following better-than-expected UK GDP data, as investors looked ahead to the latest US inflation reading.
Read moreCAA cuts Heathrow landing fees further after competition findings
11th Jul 2024 11:07
(Sharecast News) - The Civil Aviation Authority (CAA) has ruled that the amount Heathrow is allowed to charge airlines in landing fees must be reduced by a further 6% over the next two years following a competition appeal last year.
Read moreApax Global Alpha fund offloads remaining Genius Sports stake
11th Jul 2024 10:56
(Sharecast News) - Apax Global Alpha announced on Thursday that the Apax IX Fund, in which it is a limited partner, has sold its remaining shares in Genius Sports, a provider of sports data, content, and technology.
Read moreApple and Brussels settle antitrust dispute over 'tap and go'
11th Jul 2024 10:36
(Sharecast News) - The European Commission has approved Apple's plans to open up its contactless payments system to rivals, it was announced on Thursday, drawing a line under a long-running antitrust probe.
Read moreAsia report: Markets join global rally as BoK holds rates
11th Jul 2024 10:23
(Sharecast News) - Asia-Pacific markets experienced a strong rally on Thursday, driven by optimism over potential Federal Reserve rate cuts and the positive performance of US big tech stocks overnight.
Read moreUS pre-open: Futures dip before inflation data
11th Jul 2024 10:21
(Sharecast News) - US stock futures were pointing to a negative start on Wall Street on Thursday ahead of the release of June's consumer price index, which is expected to show a slight slowdown in inflation.
Read morePennon upbeat on Ofwat determinations, announces CFO change
11th Jul 2024 10:11
(Sharecast News) - Pennon Group shares were in the green on Thursday morning, as the company responded to the draft determinations from Ofwat for the K8 period, covering 2025 to 2030.
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