News Archive

London pre-open: FTSE to edge up ahead of services data

4th Apr 2024 07:36

(Sharecast News) - London stocks were set to edge up at the open on Thursday following a mostly firmer US session, as investors eyed the latest reading on the UK services sector.

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Thursday newspaper round-up: Elon Musk, Dr Martens, HSBC

4th Apr 2024 07:29

(Sharecast News) - Delivery app riders pedalling through cities and tailbacks at drive-throughs were familiar signs of Britain's hunger for takeaway food at the peak of the Covid pandemic. Now a study suggests it became an enduring habit. After a boom in orders on Deliveroo, Just Eat and other platforms by locked-down consumers, research by the Institute for Fiscal Studies (IFS) suggests the popularity of takeaways, meal deliveries and food-on-the-go bought from retailer such as sandwiches and crisps has remained above pre-pandemic levels after the removal of Covid restrictions. - Guardian

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Thames Water at loggerheads with lenders over £190m loan

4th Apr 2024 07:23

(Sharecast News) - Chinese state-owned banks will play a pivotal role in the future of Thames Water as the utility provider remains at loggerheads with lenders in a stand-off over debt at its parent company.

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Future returns to organic revenue growth in second quarter

4th Apr 2024 07:22

(Sharecast News) - Future reported a return to organic revenue growth in its second quarter on Thursday, largely attributed to robust performances in Go.Compare, B2B sectors, and resilient magazine sales.

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Entain chair steps down while CEO search continues

4th Apr 2024 07:16

(Sharecast News) - Entain, the sports betting and gambling group currently without a permanent chief executive, has announced that chair Barry Gibson will also step down later this year following a four-year tenure.

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Sector movers: Miners and oil producers pace gains

3rd Apr 2024 23:26

(Sharecast News) - Miners and the oil patch were again the strongest areas of the stock market on Wednesday.

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US close: Stocks mixed as investors weigh data, Powell comments

3rd Apr 2024 21:23

(Sharecast News) - US stocks finished mixed on Wednesday and were rangebound for most of the session as investors continued to pour over economic data and assess its impact on monetary policy.

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Europe close: Stocks edge higher as euro area inflation ebbs further

3rd Apr 2024 16:58

(Sharecast News) - European stocks edged higher on Wednesday, as investors assessed how a surprise drop in inflation might affect the short-term outlook for interest rates.

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Director dealings: Airtel Africa non-exec keeps buying shares

3rd Apr 2024 16:46

(Sharecast News) - Indian Continent Investment, a firm linked to Airtel Africa non-executive director Shravin Bharti Mittal, added to its stake in the telecommunications group ahead of the Easter break.

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Broker tips: Segro, GSK

3rd Apr 2024 16:17

(Sharecast News) - Barclays has upgraded its rating on industrial real estate group Segro by two notches from 'underweight' to 'overweight' as part of its review of the European warehouse sector.

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London close: Stocks reverse losses to finish slightly higher

3rd Apr 2024 16:07

(Sharecast News) - London markets saw modest gains by the close on Wednesday, following Wall Street higher in afternoon trading.

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US services activity dips in March, alongside slower price gains, ISM says

3rd Apr 2024 15:48

(Sharecast News) - Activity levels in U.S. services failed to pick up last month as anticipated by economists, the results of a closely-followed survey showed.

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US services activity dips in March, alongside slower price gains, ISM says

3rd Apr 2024 15:48

(Sharecast News) - Activity levels in U.S. services failed to pick up last month as anticipated by economists, the results of a closely-followed survey showed.

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Duke Capital makes follow-on investment in New Path

3rd Apr 2024 14:57

(Sharecast News) - Duke Capital announced a follow-on investment of £3.85m into its existing capital partner, New Path Fire and Security, on Wednesday.

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FTSE 100 movers: Banks and miners gain; RS Group retreats

3rd Apr 2024 14:51

(Sharecast News) - London's FTSE 100 was down 0.1% at 7,926.24 in afternoon trade on Wednesday.

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