News Archive

Pantheon International appoints new portfolio manager

14th Jun 2024 09:07

(Sharecast News) - Pantheon International announced the appointment of Charlotte Morris as its co-lead portfolio manager on Friday.

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Germany calls on EU to soften China tariffs - report

14th Jun 2024 08:45

(Sharecast News) - Germany is lobbying the European Union to soften or even scrap a proposed tariff hike on Chinese-made electric vehicles, it was reported on Friday.

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MP Evans processed crops volumes increase, crude production rises

14th Jun 2024 08:05

(Sharecast News) - Palm oil producer MP Evans said on Friday that both processed crops and crude production had risen across the first five months of the year.

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London open: Stocks flat; Tesco and Crest Nicholson in focus

14th Jun 2024 07:59

(Sharecast News) - London stocks were flat in early trade on Friday, with all eyes on the latest results from Tesco and M&A news in the housebuilding sector.

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Europe open: Shares rally, but France lower again on poll fears

14th Jun 2024 07:55

(Sharecast News) - European equities staged a slight rally at the open on Friday after a sell-off in the previous session. although French stocks were weaker again, fuelled by worries over the country's upcoming snap election.

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RBC Capital Markets starts Genuit at 'sector perform'

14th Jun 2024 07:42

(Sharecast News) - RBC Capital Markets initiated coverage of Genuit on Friday with a 'sector perform' rating and 515p price target.

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London pre-open: Stocks seen up; Tesco and housebuilders in focus

14th Jun 2024 07:37

(Sharecast News) - London stocks were set to rise at the open on Friday following losses in the previous session, with all eyes on the latest results from Tesco.

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Harworth gets planning permission for Leeds brownfield site

14th Jun 2024 07:23

(Sharecast News) - Harworth Group has secured planning permission from the North Yorkshire Council for a major industrial and logistics hub, it announced on Friday, at its 185-acre Gascoigne Interchange site in Leeds.

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Friday newspaper round-up: Insecure work, Stellantis, Nationwide

14th Jun 2024 07:23

(Sharecast News) - The UK has seen an "explosion" in insecure, low-paid work in the past 14 years, according to a new report. The TUC said its study had found that the number of people in insecure work had reached a record high of 4.1 million. The analysis of official statistics shows the number of people in "precarious" employment - such as zero-hours contracts, low-paid self-employment and casual or seasonal work - increased by nearly 1 million between 2011 and 2023. - Guardian

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Bank of Japan holds rates, remains cautious on unwinding

14th Jun 2024 07:18

(Sharecast News) - The Bank of Japan kept lending rates on hold in its latest decision overnight on Friday, and announced plans to reduce its substantial bond purchases, with detailed tapering plans set to be released at its July meeting.

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Crest Nicholson rejects two takeover proposals from Bellway

14th Jun 2024 07:18

(Sharecast News) - Crest Nicholson confirmed on Friday that it had rejected two, unsolicited takeover approaches from Bellway, the latest valuing the group at about £650m.

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Tesco holds guidance as Q1 sales rise, market share gained

14th Jun 2024 07:03

(Sharecast News) - British supermarket chain Tesco on Friday held annual guidance after reporting a 4.6% jump in UK first-quarter sales, but the £10m pay packet for company boss Ken Murphy was the only number in focus.

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US close: Stocks mixed following FOMC decision

13th Jun 2024 21:53

(Sharecast News) - Wall Street stocks delivered a mixed performance on Thursday after the Federal Open Markets Committee's latest interest rate decision a day earlier.

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Sector movers: Hawkish Fed, French politics trigger bout of risk aversion

13th Jun 2024 18:42

(Sharecast News) - Risk aversion picked up on Thursday after policymakers at the US central bank signalled a slower pace of interest rate cuts overnight.

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London close: Stocks fall amid renewed global jitters

13th Jun 2024 15:52

(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.

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