News Archive

London pre-open: Stocks seen up as investors mull GDP data

12th Apr 2024 07:37

(Sharecast News) - London stocks were set to rise at the open on Friday as investors mulled the latest UK GDP data and eyed the start of US earnings season.

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German inflation falls to lowest level since 2021

12th Apr 2024 07:34

(Sharecast News) - German inflation fell in March, matching the lowest level since mid-2021, according to secondary estimates released on Friday by the Federal Statistical Office, Destatis.

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Friday newspaper round-up: Everton, AstraZeneca, Amazon

12th Apr 2024 07:28

(Sharecast News) - Everton has paid about £30m in interest charges to an opaque lender associated with a tax exile, corporate records suggest. The charges appear to have reached about £438,000 a week, according to the troubled Premier League club's most recent set of accounts, a figure more than three times the reported wages of the Everton and England goalkeeper Jordan Pickford. - Guardian

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Petrofac in talks over finances as it seeks contract guarantees

12th Apr 2024 07:24

(Sharecast News) - Petrofac said in an update on Friday that negotiations over tis finances were ongoing, as it remained in discussions with its lenders to restructure its debt, aiming for a substantial portion of the debt to be converted into equity.

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UK GDP grows 0.1% in February

12th Apr 2024 07:21

(Sharecast News) - The UK economy grew a touch in February, according to figures released on Friday by the Office for National Statistics.

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China's trade surplus drops as exports sink more than expected

12th Apr 2024 07:20

(Sharecast News) - China's trade surplus in March was $20bn lower than last year as exports dropped more sharply than expected, according to figures released on Friday by the National Bureau Statistics of China.

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Mercantile Investment Trust reports solid returns in tough conditions

12th Apr 2024 07:19

(Sharecast News) - UK equity investment firm Mercantile Investment Trust said managed to grow returns in the year to 31 January despite "a generally unsupportive environment".

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US close: Mixed session as traders digest PPI numbers

11th Apr 2024 21:58

(Sharecast News) - Wall Street stocks turned a mostly positive performance on Thursday following the release of yet another key inflation report.

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Botswana Diamonds discovers second anomaly in Kalahari

11th Apr 2024 16:23

(Sharecast News) - Botswana Diamonds announced the discovery of a second anomaly on Thursday, close to another anomaly announced on 23 January.

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Mkango raises £0.75m to support HyProMag's first commercial sales

11th Apr 2024 16:18

(Sharecast News) - Mkango Resources closed a private placing on Thursday, raising £0.75m in gross proceeds to support HyProMag's first commercial sales, among other objectives.

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Great Western Mining begins new surveys in Mineral County

11th Apr 2024 16:11

(Sharecast News) - Great Western Mining announced the start of induced polarisation (IP) and resistivity surveys at its West Huntoon and M5 claims in Nevada's Mineral County on Thursday.

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Oracle Power upbeat on study findings at Jhimpir

11th Apr 2024 16:06

(Sharecast News) - Oracle Power announced the successful conclusion of the geotechnical study and electrical resistivity survey (ERS) for its planned renewable power plant in Jhimpir, Sindh Province, Pakistan on Thursday.

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European Metals reports success in Cinovec pilot lithium programme

11th Apr 2024 16:02

(Sharecast News) - European Metals announced a significant milestone on Thursday, with the successful production of lithium hydroxide monohydrate from pregnant leach solution generated during the recent larger-scale Cinovec pilot programme.

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Europe close: Stocks slip even after ECB opens door to June rate cut

11th Apr 2024 15:58

(Sharecast News) - European stock markets were in the red amid the ongoing uncertainty surrounding the interest-rate outlook in the U.S..

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Kibo Energy reports positive progress at MED subsidiary

11th Apr 2024 15:57

(Sharecast News) - Kibo Energy updated the market on its subsidiary Mast Energy Developments (MED) on Thursday, reporting the successful completion ahead of schedule of the initial first-phase work programme at its Pyebridge 9MW flexible power generation asset.

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