News Archive
FTSE 250 movers: Safestore, Octopus Renewables lose ground
12th Jun 2024 14:20
(Sharecast News) - London's FTSE 250 was up 1.2% at 20,499.68 in afternoon trade on Wednesday.
Read moreFTSE 100 movers: Rentokil surges; Legal & General in the red
12th Jun 2024 14:19
(Sharecast News) - London's FTSE 100 was up 0.9% at 8,219.56 in afternoon trade on Wednesday.
Read moreUS open: Stocks trade higher following CPI reading
12th Jun 2024 14:14
(Sharecast News) - Wall Street stocks were in the green at the bell on Wednesday as investors look ahead to the outcome of the Federal Reserve's June policy meeting and another batch of inflation data.
Read moreFedEx to cut between 1,700 and 2,000 back office jobs in Europe
12th Jun 2024 13:30
(Sharecast News) - US parcel delivery firm FedEx said on Wednesday that it plans to axe between 1,700 and 2,000 back-office and commercial jobs in Europe as it looks to cut costs amid a slump in freight demand.
Read moreBank of England on track to start cutting rates in August - poll
12th Jun 2024 13:18
(Sharecast News) - The Bank of England is expected to start cutting the cost of borrowing this August, a Reuters poll found on Wednesday.
Read moreUS CPI undershoots forecasts in May
12th Jun 2024 13:16
(Sharecast News) - The cost of living in the States was unchanged last month, leading markets to price in higher odds of a rate cut in September.
Read moreEmpire Metals announces Pitfield exploration target
12th Jun 2024 13:14
(Sharecast News) - Resource exploration and development company Empire Metals announced a JORC exploration target for the Pitfield Titanium Project in Western Australia on Wednesday - a significant step towards developing a mineral resource estimate for the project.
Read moreGood Energy invests a further £1.7m in Zapmap
12th Jun 2024 13:06
(Sharecast News) - Renewable electricity supplier and energy services provider Good Energy Group announced a further £1.7m strategic investment in Zapmap on Wednesday, through a convertible loan note.
Read moreDistil returns to revenue growth, operating loss widens
12th Jun 2024 13:02
(Sharecast News) - Premium spirits company Distil reported a return to revenue growth in its final results for the year ended 31 March on Wednesday, although its operating loss widened.
Read moreDillistone still cautious despite trading ahead of forecasts
12th Jun 2024 12:56
(Sharecast News) - Recruitment software and service provider Dillistone Group said in an update on Wednesday that its trading performance for the first half was slightly ahead of management expectations.
Read moreProton Motor gets follow-up order from Switzerland's H2tec
12th Jun 2024 12:53
(Sharecast News) - Proton Motor Power Systems announced a follow-up order from Switzerland-based H2tec on Wednesday, for its HyCabinet S16 system.
Read moreMosman Oil farm-in partner gets funding grant for EP 145
12th Jun 2024 12:35
(Sharecast News) - Hydrocarbon, helium, and hydrogen exploration, development, and production company Mosman Oil & Gas updated the market on the EP 145 project in the Amadeus Basin of Central Australia on Wednesday, operated by its farm-in partner Greenvale Energy.
Read moreRWS Holdings confident despite weaker first-half
12th Jun 2024 12:12
(Sharecast News) - Language, content and intellectual property technology specialist RWS Holdings reported a shrinking of first-half revenue and profit on Wednesday, but said it expected its full-year performance to align with market expectations despite certain challenges.
Read moreEU to slap tariff of up to 38pc on Chinese EVs
12th Jun 2024 12:11
(Sharecast News) - The European Union (EU) is set to impose tariffs of up to 38% on Chinese electric vehicles (EVs), it was reported on Wednesday, initiating duties exceeding €2bn annually and risking a trade conflict with China.
Read moreCharles Stanley offloads 1.5m IQGeo shares
12th Jun 2024 12:03
(Sharecast News) - IQGeo Group updated the market on the recommended cash acquisition by Geologist Bidco (Bidco), a company wholly-owned by funds advised by Kohlberg Kravis Roberts (KKR), on Wednesday.
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