News Archive

UK house prices push higher for first time since 2022

10th Oct 2024 09:24

(Sharecast News) - House prices have risen across the UK for the first time in two years, a closely-watched survey showed on Thursday, as the market was buoyed by lower interest rates.

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Gulf Marine Services secures new long-term contract in Europe

10th Oct 2024 09:04

(Sharecast News) - Gulf Marine Services announced a new long-term contract in Europe on Thursday and the extension of two existing contracts in the Middle East, adding a total of 25 months to the backlog, inclusive of optional extensions.

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SIG considering tender offer to refinance €300m bond

10th Oct 2024 08:53

(Sharecast News) - Europe-focused building products and specialist insulation supplier SIG has indicated that it is looking a potential tender offer for its existing bonds as it looks to refinance debt.

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Centaur Media shares slump on profit warning

10th Oct 2024 08:42

(Sharecast News) - Shares in events and marketing business Centaur Media were sharply lower early on Thursday after it said ongoing challenges in the marketing sector had weighed on earnings throughout H2.

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London open: Stocks gain ahead of US CPI; GSK surges on Zantac settlement

10th Oct 2024 08:06

(Sharecast News) - London stocks rose in early trade on Thursday, taking their cue from an upbeat session on Wall Street, as investors eyed the latest US inflation reading.

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Europe open: Shares lower ahead of US CPI; GSK boosted by Zantac deal

10th Oct 2024 08:02

(Sharecast News) - European shares were slightly lower on Thursday as investors turned their attention to US CPI data due later in the day.

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Liontrust assets under management fall in Q3

10th Oct 2024 08:02

(Sharecast News) - Asset manager Liontrust said on Thursday that assets under management had shrunk in the three months ended 30 September amid uncertainty around changes to taxation in the lead-up to the UK budget.

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Waitrose partners with Just Eat in new convenience partnership

10th Oct 2024 07:52

(Sharecast News) - Waitrose announced on Thursday it is partnering with Just Eat on a multi-year deal to bring rapid deliveries to customers across 229 UK locations in the coming weeks.

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Great Portland reaffirms ERV guidance after strong quarter

10th Oct 2024 07:47

(Sharecast News) - London real estate developer Great Portland Estates reaffirmed annual rental value guidance after a strong three months to the end of September, adding that an improving economy, falling interest rates and scarcity of supply would drive growth.

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Auction Technology Group lowers full-year guidance as CFO steps down

10th Oct 2024 07:40

(Sharecast News) - Auction Technology Group said it expects full-year revenues to be slightly shy of earlier guidance as it announced the resignation of its chief financial officer.

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GSK to pay $2.2bn to settle Zantac lawsuits

10th Oct 2024 07:37

(Sharecast News) - GSK has agreed to pay $2.2bn to settle about 80,000 Zantac lawsuits in the US.

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Profits spark at N Brown despite sales slide

10th Oct 2024 07:34

(Sharecast News) - Online retailer N Brown Group posted strengthened half-year profits and reiterated its full-year outlook on Thursday, despite a "soft" clothing market weighing on sales.

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London pre-open: Stocks seen up as investors eye US inflation

10th Oct 2024 07:33

(Sharecast News) - London stocks were set to gain at the open on Thursday following an upbeat session on Wall Street, as investors eyed the latest US inflation reading.

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Thursday newspaper round-up: Workers' rights, UK productivity, downsizers

10th Oct 2024 07:26

(Sharecast News) - Rogue employers will be targeted by a beefed-up new enforcement agency to protect sweeping changes to rights at work for millions of Britons, set to be outlined in a "watershed" bill published on Friday. The Fair Work Agency will be created as part of the government's employment rights legislation, which will include stronger protections against unfair dismissal and exploitative contracts. - Guardian

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German retail sales pick up as Destatis reporting resumes

10th Oct 2024 07:23

(Sharecast News) - Retail sales in Germany rose over the past two months, according to delayed data from the Federal Statistical Office on Thursday.

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