News Archive

Eurozone retail sales push higher

7th May 2024 11:17

(Sharecast News) - Eurozone retail sales pushed higher in March, official data showed on Tuesday, beating expectations.

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Solid State wins $5.1m contract with US customer

7th May 2024 11:16

(Sharecast News) - Value-added electronics group Solid State has secured a $5.1m order for an internet-of-things technology solution with a US customer supplied by Solsta, its components division.

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Zotefoams inks five-year deal with Chinese firm Shincell

7th May 2024 11:14

(Sharecast News) - Cellular materials specialist Zotefoams announced a strategic alliance agreement with Suzhou Shincell New Materials of Suzhou, China on Tuesday.

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Norcros subsidiary Triton Showers gets sustainable development award

7th May 2024 11:09

(Sharecast News) - Norcros announced on Tuesday that its electric shower specialist subsidiary Triton Showers has received the King's Award for Enterprise in the Sustainable Development category.

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MTI Wireless Edge secures orders with Israeli customers

7th May 2024 11:06

(Sharecast News) - Technology group MTI Wireless Edge has received three orders totalling approximately $3.0m, most of which will be supplied in the current financial year.

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London midday: Stocks rally as they play catch-up with US, European gains

7th May 2024 10:59

(Sharecast News) - London stocks were still firmly in the black by midday on Tuesday, with the FTSE 100 hitting record highs as markets played catch up with gains seen in the US and Europe a day earlier.

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Kosmos Energy Q1 net production grows

7th May 2024 10:45

(Sharecast News) - US oil firm Kosmos Energy said on Tuesday that net production had grown in Q1 as it had "an active start to the year", continuing operational and financial momentum seen in 2023.

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SEEIT sells UU Solar portfolio for £90.8m

7th May 2024 10:45

(Sharecast News) - SDCL Energy Efficiency Income Trust (SEEIT) announced the sale of its UK onsite solar portfolio, UU Solar, to UK Power Networks Services on Tuesday, for £90.8m.

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UBS reports first profit since Credit Suisse takeover

7th May 2024 10:32

(Sharecast News) - Swiss banking giant UBS announced its first quarterly profit since its takeover of Credit Suisse on Tuesday, sending its shares northward.

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IWG maintains FY guidance, mulls US listing

7th May 2024 10:16

(Sharecast News) - Flexible workspace provider IWG maintained its full-year guidance on Tuesday as it considers a US listing amid continuing margin growth and network expansion during Q1.

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Eurozone construction sector struggles as new orders fall

7th May 2024 10:15

(Sharecast News) - The eurozone construction sector remains in decline at the start of the second quarter of the year after a sharp fall in new orders, with Germany, Italy and France the major contributors, a survey published on Tuesday revealed.

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Asia report: Markets mixed as Australia stands pat on interest rates

7th May 2024 10:08

(Sharecast News) - Stock markets in the Asia-Pacific region finished in a mixed state on Tuesday, influenced by hopes for a potential interest rate cut by the US Federal Reserve.

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First-quarter income slides at Saudi Aramco

7th May 2024 09:30

(Sharecast News) - Oil giant Saudi Aramco has reiterated plans to pay out more than $120bn in dividends this year, despite a slide in first-quarter income.

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UK construction sector expands at fastest pace in more than a year

7th May 2024 09:13

(Sharecast News) - The UK construction sector expanded in April at its fastest pace in more than a year, according to a survey released on Tuesday.

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Three firms fined, sanctioned over LCF audits

7th May 2024 08:43

(Sharecast News) - The Financial Reporting Council (FRC) imposed sanctions on three audit firms on Tuesday, following an investigation into their audits of London Capital & Finance (LCF).

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