News Archive

US new home sales rise more quickly than anticipated in March

23rd Apr 2024 15:45

(Sharecast News) - New home sales in the U.S. jumped last month, rising at their strongest clip since September 2023.

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Tesla announces plans to cut 400 jobs in Germany

23rd Apr 2024 15:30

(Sharecast News) - Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.

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UPS tops Q1 profit forecasts but misses on revenue

23rd Apr 2024 15:28

(Sharecast News) - American transport and logistics giant United Parcel Service saw shares rise on Tuesday after quarterly profits beat analysts' forecasts, even though revenues fell more than expected.

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US economic activity slows in April, PMIs show

23rd Apr 2024 15:20

(Sharecast News) - Economic activity in the U.S. slowed last month, the results of two closely followed surveys revealed.

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Getir investors said to fund European exit with new cash injection

23rd Apr 2024 15:19

(Sharecast News) - Investors in grocery delivery app Getir, which at one point attained a valuation of almost £10bn, are reportedly set to inject yet more money into the company to fund its exit from the UK and Europe.

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Europe close: Stocks rise as investors digest PMI data

23rd Apr 2024 15:19

(Sharecast News) - European markets closed above the waterline on Tuesday, propelled by positive survey data from the eurozone that bolstered investor sentiment.

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US open: Stocks higher as investors digest Q1 earnings

23rd Apr 2024 15:13

(Sharecast News) - Wall Street stocks were in the green early on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.

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Bushveld updates Vametco mineral resources

23rd Apr 2024 15:09

(Sharecast News) - Bushveld Minerals updated the market on mineral resources and reserves for the Vametco vanadium mine near Brits on the Western Limb of the Bushveld Complex on Tuesday.

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Power Metal Resources completes Molopo drillhole

23rd Apr 2024 15:06

(Sharecast News) - Power Metal Resources announced the completion of drillhole DDH1-14C at its Molopo Farms Complex project in southwestern Botswana on Tuesday.

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US new home sales jump in March

23rd Apr 2024 15:04

(Sharecast News) - New home sales in the United States bounced back strongly in March after a sharp downwards revision to numbers the month before.

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FTSE 250 movers: Ferrexpo surges; Jupiter disappoints

23rd Apr 2024 14:52

(Sharecast News) - FTSE 250 (MCX) 19,689.45 0.46%

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FTSE 100 movers: AB Foods rallies on results; miners slump

23rd Apr 2024 14:29

(Sharecast News) - London's FTSE 100 was up 0.1% at 8,033.08 in afternoon trade on Tuesday.

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BoE's Huw Pill says rate cuts still some way off

23rd Apr 2024 12:51

(Sharecast News) - The Bank of England's chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off".

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GM lifts full-year outlook after strong Q1

23rd Apr 2024 12:09

(Sharecast News) - US auto giant General Motors on Tuesday lifted its profit and cash flow guidance for the full year after a strong first quarter in which it beat market forecasts.

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Itim Group secures additional services contract with The Entertainer

23rd Apr 2024 12:02

(Sharecast News) - Software-as-a-service technology company Itim Group has inked an additional professional services contract with toy retailer The Entertainer.

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