News Archive
Ethernity inks investment deal with New Tech Capital
17th May 2024 14:15
(Sharecast News) - Network processing semiconductor technology specialist Ethernity Networks announced a structured investment agreement with New Technology Capital Group (New Tech) on Friday.
Read moreCMA drops investigation into Microsoft-Mistral AI partnership
17th May 2024 14:08
(Sharecast News) - The Competition and Markets Authority (CMA) announced on Friday that the partnership between Microsoft and Mistral AI did not qualify for a full investigation under the merger provisions of the Enterprise Act.
Read morePetra Diamonds reports mixed results from latest tender
17th May 2024 13:43
(Sharecast News) - Petra Diamonds announced the results of its sixth tender for the 2024 financial year on Friday, revealing a mixed performance in its rough diamond sales.
Read moreWeek ahead: Fedspeak, UK CPI, global PMIs in focus
17th May 2024 13:32
(Sharecast News) - Investors' focus over the coming week will be on the US central bank amid a continuing heavy calendar of Fed speakers, especially during the first half of the week.
Read moreChrysalis confident in Wefox despite reports of insolvency risk
17th May 2024 11:59
(Sharecast News) - Chrysalis Investments addressed recent media coverage concerning its portfolio company, Wefox on Friday, after Sky News reported that the European insurer had warned of an insolvency risk.
Read moreEurope midday: Shares lower as investors mull EZ inflation data
17th May 2024 11:39
(Sharecast News) - European shares continued in downbeat mood on Friday as investors digested eurozone inflation data, while luxury goods maker Richemont surged despite a fall in fourth-quarter sales.
Read moreUS pre-open: Futures mixed after Dow hits new intraday high
17th May 2024 11:28
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Friday after the blue-chip index briefly crossed the psychologically important 40,000-point mark for the first time in its history.
Read moreThe Body Shop administrators to put retailer up for auction
17th May 2024 10:58
(Sharecast News) - The Body Shop administrators will put the chain up for auction after concluding that an alternative restructuring of the high-street retailer would not be viable.
Read moreLondon midday: FTSE stays down; Auto Trader hit by downgrade
17th May 2024 10:57
(Sharecast News) - London stocks were still in the red by midday on Friday, having taken their opening cue from a downbeat close on Wall Street.
Read moreMorgan Stanley downgrades Auto Trader to 'underweight'
17th May 2024 10:56
(Sharecast News) - Morgan Stanley downgraded Auto Trader on Friday 'underweight' from 'equalweight' and cut the price target to 600p from 625p.
Read moreAsia report: Chinese property shares jump on fresh policy
17th May 2024 10:31
(Sharecast News) - Stocks in the Asia-Pacific region ended mixed on Friday, driven by significant developments in China's property market.
Read moreAsia report: Chinese property shares jump on fresh policy
17th May 2024 10:31
(Sharecast News) - Stocks in the Asia-Pacific region ended mixed on Friday, driven by significant developments in China's property market.
Read moreRichemont names Nicholas Bos as CEO
17th May 2024 10:16
(Sharecast News) - Luxury goods business Richemont re-established the role of chief executive officer on Friday as the Swiss group continues to navigate a market downturn.
Read moreForeign bid for Royal Mail would face security review - Hunt
17th May 2024 10:06
(Sharecast News) - Any takeover bid for the Royal Mail owner International Distributions Services would be subject to routine national security scrutiny but it would not be opposed in principle, British Finance Minister Jeremy Hunt said on Friday.
Read moreFRP Advisory FY profits seen ahead of expectations
17th May 2024 09:58
(Sharecast News) - Business advisory firm FRP Advisory said on Friday that both full-year revenue and profits were set to come in ahead of expectations, leaving the group confident for the year ahead.
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