News Archive

HSBC Swiss unit breached money laundering rules, says watchdog

18th Jun 2024 13:31

(Sharecast News) - Switzerland's financial watchdog said HSBC's private bank in the country had breached its obligations in the prevention of money laundering in connection with two unnamed "politically exposed" persons.

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US retail sales edge up slightly in May

18th Jun 2024 12:40

(Sharecast News) - Americans kept their purse strings nearly closed in May.

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US open: Markets rangebound early as economic data comes in mixed

18th Jun 2024 12:34

(Sharecast News) - US stocks were rangebound on Tuesday morning as risk appetite was capped by markets already trading at record highs, while economic data came in mixed.

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Boston Scientific to buy Silk Road Medical in $1.26bn deal

18th Jun 2024 12:31

(Sharecast News) - Medical device company Silk Road Medical surged in pre-market trade on Tuesday after saying it had agreed to be bought by Boston Scientific in a $1.26bn deal.

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French equities now 'most unloved' in Europe - BofA survey

18th Jun 2024 12:12

(Sharecast News) - France has turned into investors' most unloved European equity market after President Macron called a snap election, having been the most preferred last month, according to the latest European Fund Manager Survey from Bank of America.

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Europe midday: Shares up ahead of rate calls; Carrefour slumps

18th Jun 2024 12:05

(Sharecast News) - European shares were higher on Tuesday as investors looked ahead to several central bank rate decisions, including from the Bank of England, while Carrefour shares slumped on a report it was facing a large government fine over franchise contracts.

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Premier African Minerals bullish about Zulu project

18th Jun 2024 12:03

(Sharecast News) - Premier African Minerals shares rose strongly on Tuesday after the mining company expressed confidence in its Zulu lithium and tantalum project in Zimbabwe.

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Director dealings: EMH director makes purchase, Raspberry Pi CEO associate sells

18th Jun 2024 12:00

(Sharecast News) - European Metals Holdings and Raspberry Pi were among the companies disclosing significant director dealings on Tuesday

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Clean Power Hydrogen gets CE-marking for electrolyser stacks

18th Jun 2024 11:59

(Sharecast News) - Green hydrogen technology and manufacturing company Clean Power Hydrogen announced on Tuesday that it has been awarded CE-marking for its membrane-free electrolyser (MFE) stacks.

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London midday: Stocks maintain gains as Whitbread rallies

18th Jun 2024 11:30

(Sharecast News) - London stocks were still in the black by midday on Tuesday, with Whitbread surging ahead after well-received first-quarter results.

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Bellway takeover might be best option for Crest Nicholson, says RBC

18th Jun 2024 11:08

(Sharecast News) - RBC Capital Markets has hiked its target price for Crest Nicholson from 175p to 250p, but kept an 'underperform' rating after the housebuilder rejected a second takeover offer from peer Bellway.

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Venice appeals court finds in favour of Quantum Blockchain subsidiary

18th Jun 2024 11:04

(Sharecast News) - Quantum Blockchain Technologies announced on Tuesday that the Court of Appeal of Venice issued a judgement on 10 June regarding the appeals in the lawsuit filed by its subsidiary, Clear Leisure 2017 (CL17), against the former directors and statutory auditors of Sipiem in Liquidazione (Sipiem).

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Blackbird upbeat on prospects despite media slowdown

18th Jun 2024 10:47

(Sharecast News) - Cloud video editing technology developer Blackbird said in an update on Tuesday that over the last year, it had seen significant investment and transformation, notably with the launch of the Elevate.io multiplayer editor.

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RWS emission goals given the SBTi seal of approval

18th Jun 2024 10:42

(Sharecast News) - Technology-based language, content and intellectual property specialist RWS Holdings announced the approval of its near-term science-based emissions reduction target by the Science Based Targets initiative (SBTi) on Tuesday.

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Science Group trading in line with expectations

18th Jun 2024 10:38

(Sharecast News) - Science Group announced a positive trading update on Tuesday, ahead of its annual general meeting.

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