News Archive
Europe open: Shares lower ahead of ECB rate decision
4th Jun 2024 08:20
(Sharecast News) - European shares were lower at the open on Tuesday, following a weaker session in Asia as investors awaited a European central bank interest rate decision later in the week.
Read moreWhistleblower claims Standard Chartered broke more Iran sanctions
4th Jun 2024 08:08
(Sharecast News) - A former banker at Standard Chartered has accused the UK bank of carrying out more than $100bn of undetected transactions that breached sanctions against Iran.
Read moreLondon open: Stocks in the red as oil giants hit by falling prices
4th Jun 2024 08:01
(Sharecast News) - London stocks fell in early trade on Tuesday, with oil giants under the cosh as oil prices retreated.
Read moreChemring H1 profit hit by disruption in Countermeasures
4th Jun 2024 07:57
(Sharecast News) - Chemring hailed a record interim order book on Tuesday but posted a drop in underlying profit as its Tennessee countermeasures business was hit by adverse weather conditions.
Read moreLondonMetric ups divi as M&A drives solid profit growth
4th Jun 2024 07:43
(Sharecast News) - FTSE 250-listed real estate investment trust LondonMetric saw profits and rental income both rise by more than 20% in the year to 31 March, helping the company to increase its dividend by 7.4%.
Read moreAsia report: India sell-off as Modi landslide looks unlikely
4th Jun 2024 07:38
(Sharecast News) - Asian stock markets fell on Tuesday as investors digested a fall in US manufacturing and awaited results of the Indian election, with the widely-expected landslide win for Narendra Modi's right-wing BJP Party looking unlikely.
Read moreLondon pre-open: Stocks seen lower after mixed US session
4th Jun 2024 07:36
(Sharecast News) - London stocks were set for a weaker open on Tuesday following a mixed session on Wall Street.
Read moreBerenberg upgrades Future to 'buy', hikes price target
4th Jun 2024 07:20
(Sharecast News) - Berenberg upgraded Future on Tuesday to 'buy' from 'hold' and hiked the price target to 1,310p from 850p following "positive" first-half results, which indicated that organic growth has troughed.
Read moreCeres Power awarded further contract for collaboration with Shell
4th Jun 2024 07:19
(Sharecast News) - Fuel cell technology developer Ceres Power has been awarded a further contract for the second phase of its collaboration with Shell.
Read moreBritish American Tobacco retains guidance, eyes H2 improvement
4th Jun 2024 07:17
(Sharecast News) - Cigarettes, tobacco and vape manufacturer British American Tobacco said it remains on track to hit guidance this year despite first-half underlying revenues and adjusted profits falling by low-single digits.
Read moreVistry to build 1,750 homes in £580m deal with Blackstone, Regis
4th Jun 2024 07:17
(Sharecast News) - Vistry has agreed terms with private equity giant Blackstone and property investor Regis Group to buy a portfolio of new build homes in the south-east of England with a gross development value of £580m.
Read moreTuesday newspaper round-up: Consumer spending, Nick Train, Sam Altman
4th Jun 2024 07:16
(Sharecast News) - Consumer spending growth is at its weakest in more than three years as higher council tax bills and the rising cost of broadband and mobile phones eat into household budgets, a report has said. The monthly snapshot of credit and debit card activity from Barclays found an improvement in consumer confidence as a result of falling inflation was not leading to a pickup in spending. - Guardian
Read moreWizz Air May passenger numbers rise 2.1%
4th Jun 2024 07:02
(Sharecast News) - Budget carrier Wizz Air said May passenger numbers rose 2.1% although capacity was still impacted by the grounding of 45 Airbus aircraft due to issues with their Pratt & Whitney GTF engines.
Read moreUS close: Stocks mixed following Dow's big day
3rd Jun 2024 22:32
(Sharecast News) - Wall Street stocks delivered a mixed performance on Monday after a big day for the blue-chip Dow Jones in the previous session.
Read moreEurope close: Stocks pare gains as investors eye ECB meeting
3rd Jun 2024 16:20
(Sharecast News) - European stocks finished off their highs on Monday but still managed to eek out a positive performance with the Stoxx 600 index rising for the third straight day.
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