News Archive
Week ahead: US Fed, US CPI in focus
7th Jun 2024 11:54
(Sharecast News) - Investors' focus over the coming week will be on the US central bank's policy meeting on Wednesday.
Read moreUS non-farm payrolls and hourly earnings outpace forecasts in May
7th Jun 2024 11:42
(Sharecast News) - Hiring and wage growth in the US outpaced forecasts by a very wide margin in May.
Read moreAsda co-owner Zuber Issa exits, sells stake to TDR Capital
7th Jun 2024 11:33
(Sharecast News) - Asda's co-owner Zuber Issa has sold his 22.5% stake in the company to TDR Capital, giving the private equity firm a majority shareholding in the supermarket group.
Read moreBody Shop administrators aiming to wrap up sale by end of June - report
7th Jun 2024 11:23
(Sharecast News) - Administrators to The Body Shop are reportedly aiming to clinch a sale of the stricken cosmetics retailer by the end of the month, even as its former owner veers away from making an offer for it.
Read moreEurope midday: Shares go red as ECB frets over inflation; Eyes on US data
7th Jun 2024 11:12
(Sharecast News) - European shares were lower on Friday after hitting record highs in the previous session after the European central Bank cut interest rates with attention turning to key US jobs data.
Read moreN4 Pharma shares tank after £0.6m fundraise
7th Jun 2024 11:06
(Sharecast News) - Shares in small-cap pharma group N4 Pharma sank on Friday after the company announced a share placing and subscription to raise £630,000.
Read moreRetail sales tick higher - BDO
7th Jun 2024 10:56
(Sharecast News) - UK retail sales nudged higher last week, industry data showed on Friday, helped by improving weather.
Read moreLondon midday: Stocks fall as investors eye payrolls report
7th Jun 2024 10:47
(Sharecast News) - London stocks had fallen into the red by midday on Friday as investors eyed the release of the latest US non-farm payrolls report.
Read moreGermany economy improving but inflation remains 'stubborn' - Bundesbank
7th Jun 2024 09:38
(Sharecast News) - The German economy is gaining momentum after two years of weakness, the Bundesbank said on Friday, despite "stubborn" inflation.
Read moreEurozone GDP and employment show moderate growth in Q1
7th Jun 2024 08:47
(Sharecast News) - Final estimates for first-quarter economic and jobs data in the eurozone were in line with preliminary estimates on Friday, with both showing a moderate expansion on the preceding three months.
Read moreSRT Marine Systems hit by contract delays
7th Jun 2024 08:47
(Sharecast News) - Marine tech group SRT Marine Systems said it expects to make a loss for the year ending 30 June after longer-than-expected administration processes pushed certain contracts into the next financial year.
Read moreFormer Autonomy boss Mike Lynch acquitted in US fraud trial
7th Jun 2024 08:35
(Sharecast News) - British tech veteran Mike Lynch has been acquitted of fraud by a US jury, drawing a line under years of bitter legal dispute.
Read moreEurope open: Share rally stalls as focus turns to US jobs data
7th Jun 2024 08:29
(Sharecast News) - European shares were in muted mood on Friday after hitting record highs in the previous session after the European central Bank cut interest rates and as investors awaited key US jobs data.
Read moreSafestay gives bright outlook as bookings surge
7th Jun 2024 07:45
(Sharecast News) - International hotels and hostels group Safestay saw losses widen in 2023 despite revenues rising by nearly a fifth, but gave an optimistic outlook with forward bookings up significantly so far this year.
Read moreLondon open: Stocks flat ahead of payrolls report
7th Jun 2024 07:37
(Sharecast News) - London stocks were steady in early trade on Friday as investors erred on the side of caution ahead of the latest US non-farm payrolls report.
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