News Archive
London pre-open: Stocks seen up after Friday's losses
8th Apr 2024 07:34
(Sharecast News) - London stocks were set to gain at the open on Monday following heavy losses at the end of last week.
Read moreGerman industrial production growth at 13-month high
8th Apr 2024 07:31
(Sharecast News) - Industrial production increased at the fastest rate in more than a year in February after an impressive performance from the construction industry, according to figures released on Monday by the Federal Statistical Office Destatis.
Read moreMonday newspaper round-up: Boeing, rent rises, e-scooters, Santander UK
8th Apr 2024 07:23
(Sharecast News) - US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap. The Southwest Airlines flight 3695 rose to about 10,300ft (3,140 metres) before returning safely 25 minutes after takeoff to Denver international airport at about 8.15am local time on Sunday. It was towed to the gate after landing. The Boeing aircraft with 135 passengers and six crew members aboard had been headed to Houston. No one was injured. - Guardian
Read moreRio Tinto appoints new chief commercial officer
8th Apr 2024 07:22
(Sharecast News) - Mining giant Rio Tinto announced the appointment of Bold Baatar to the position of chief commercial officer on Monday, responsible for overseeing its commercial and business development operations globally.
Read moreCaledonia Investments grows NAV by 7.4%
8th Apr 2024 07:16
(Sharecast News) - FTSE 250-listed investment firm Caledonia Investments saw a solid increase in net asset value in the year ended 31 March, with all three investment pools contributing to growth.
Read moreCake Box sees FY profits 'slightly ahead' of market views
8th Apr 2024 07:16
(Sharecast News) - Cake Box said on Monday that full-year profits were set to be "slightly ahead" of market expectations following strong growth across the business.
Read moreAstraZeneca's Enhurtu cancer gets US green light for adult patients
8th Apr 2024 07:02
(Sharecast News) - AstraZeneca and Daiichi Sankyo's Enhertu cancer drug has been approved in the US for adult patients with unresectable or metastatic solid tumours who have received prior systemic treatment and have no satisfactory alternative options.
Read moreSunday newspaper round-up: Investment trusts, LSE Group, Thames Water
7th Apr 2024 14:45
(Sharecast News) - Some of London's biggest investment trusts are looking at the possibility of moving to Switzerland in order to dodge rules that make them overstate how much they charge clients. Under leftover EU rules, UK-listed investment trusts disclose charges that are far higher than what investors pay in reality. The news follows enormous drops in value since 2022, when the rules came into effect, according to data from AJ Bell. - Financial Mail on Sunday
Read moreEurope close: Stocks end week on a down note
5th Apr 2024 18:29
(Sharecast News) - Jitters about the Federal Reserve's short-term path for monetary policy alongside further gains in crude caused a sell-off across European stock markets on Friday, pushing the Stoxx 600 index to a two-week low.
Read moreLondon close: Stocks finish lower as US payrolls top forecasts
5th Apr 2024 15:22
(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.
Read moreWeek ahead: US and Chinese CPI, ECB decision in focus
5th Apr 2024 15:00
(Sharecast News) - Investors' attention around the world will be on the latest inflation readings out of two of the largest economies in the world, the U.S. and China.
Read moreDirector dealings: Petrofac chairman ups stake
5th Apr 2024 14:44
(Sharecast News) - Petrofac revealed on Friday that chairman René Médori had acquired 75,820 ordinary shares in the London-listed energy services company.
Read moreUS open: Stocks trade higher following better-than-expected NFP report
5th Apr 2024 14:43
(Sharecast News) - Wall Street futures were in the green early on Friday as market participants digested a non-farm payrolls report that came in stronger-than-expected.
Read moreFTSE 100 movers: Admiral in the black; Ocado slumps
5th Apr 2024 14:23
(Sharecast News) - London's FTSE 100 was down 1.1% at 7,891.49 in afternoon trade on Friday.
Read moreFTSE 250 movers: Aston Martin, travel shares fall
5th Apr 2024 13:48
(Sharecast News) - London's FTSE 250 was down 1% at 19,679.63 in afternoon trade on Friday.
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