News Archive

Number of UK homes for sale at 8-year high - Zoopla

30th May 2024 08:56

(Sharecast News) - The number of homes coming to market has soared, industry research showed on Thursday, as the recovery in the UK housing market continued to gain pace.

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Endeavour starts wet commissioning at Lafigué project

30th May 2024 08:37

(Sharecast News) - Endeavour Mining said wet commissioning activities had started its Lafigué project in Côte d'Ivoire, adding that construction was 94% complete, and the first gold pour expected to take place in late-June, a quarter ahead of schedule.

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Berenberg upgrades Currys to 'buy'

30th May 2024 08:36

(Sharecast News) - Berenberg upgraded Currys on Thursday to 'buy' from 'hold' and lifted the price target to 90p from 67p as it said the electricals retailer was "a sound way to play the expected improvement in UK retail demand".

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Europe open: Shares downbeat as rising bond yields weigh; SAS slumps

30th May 2024 08:25

(Sharecast News) - European shares joined the global mood of misery on Thursday, following US and Asian markets into the red as rising bond yields weighed on equities and investors nervously eyed key US and eurozone inflation data on Friday.

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London open: Stocks edge down as investors eye US GDP, PCE

30th May 2024 08:20

(Sharecast News) - London stocks edged lower in early trade on Thursday as worries that rates will stay higher for longer continued to dent sentiment, with attention turning to upcoming US GDP and PCE figures.

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Nightcap abandons pursuit of Revolution Bars

30th May 2024 08:11

(Sharecast News) - Nightcap confirmed on Thursday that it does not plan to make an offer for Revolution Bars, which said earlier this week that it had rejected a takeover proposal from the Piano Works owner.

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LondonMetric shakes up portfolio, exits non-core assets

30th May 2024 07:59

(Sharecast News) - Real estate firm LondonMetric has raised £31m from selling seven properties and acquired six more assets for £45m, the company announced on Thursday.

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Asia report: Stocks follow Wall St into the red as rising bond yields weigh

30th May 2024 07:54

(Sharecast News) - Asian share markets tumbled on Thursday, following a weak showing on Wall Street as Shares retreated Thursday in Asia after U.S. stocks slumped in response to higher bond yields as investors bet on a delay in interest rate cuts due to sticky inflation.

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Renewi offloads 'unpredictable' UK municipal arm to Biffa

30th May 2024 07:49

(Sharecast News) - Renewi is to quit the UK market after it struck a deal with British waste management firm Biffa.

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Darktrace appoints non-exec director as new COO

30th May 2024 07:47

(Sharecast News) - Cybersecurity group Darktrace has appointed non-executive director Jill Popelka as its new chief operating officer following the resignation of Nick Trim from that role earlier this year.

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Coats appoints former GKN Aerospace boss as CEO

30th May 2024 07:43

(Sharecast News) - Industrial thread and global footwear parts maker Coats on Thursday said it had appointed former GKN Aerospace boss David Paja as its chief executive, replacing Rajiv Sharma who has decided to step down after eight years in the role.

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De La Rue in talks over potential sale of divisions

30th May 2024 07:37

(Sharecast News) - Banknote maker De La Rue said on Thursday that it was delaying the publication of its full-year results as it is currently in talks with a number of parties who have made proposals or expressed an interest in buying either of its divisions.

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London pre-open: Stocks seen down as investors eye US GDP, PCE

30th May 2024 07:37

(Sharecast News) - London stocks were set for more losses on Thursday following a downbeat session on Wall Street, after concerns that US rates will stay higher for longer led to a surge in bond yields.

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Thursday newspaper round-up: Sony Music, Royal Mail, house prices

30th May 2024 07:23

(Sharecast News) - A leading City lobby group is calling on the next government to bring in scams legislation that forces big tech and social media companies to cough up to £40m a year to reimburse customers and fight fraud on their platforms. The demand came in a 'financial services manifesto' released by UK Finance, which represents banks, payments companies and other financial firms. UK Finance and its 300 membershave long complained about having to shoulder the costs of fraud against their customers, despite a surge in the number of scammers targeting consumers through platforms such as Facebook and Google. - Guardian

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TSB customers hit by online banking outage

30th May 2024 07:19

(Sharecast News) - TSB Bank customers were left unable to access their accounts on Thursday after the lender's mobile banking app temporarily went down.

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