News Archive
US jobless claims hold near historically low levels
21st Mar 2024 13:40
(Sharecast News) - Unemployment claims in the U.S. continued to hold near historically low levels during the latest week.
Read moreMercia Asset Management secures two new BBB mandates
21st Mar 2024 13:38
(Sharecast News) - Mercia Asset Management announced an expanded role in bolstering regional business growth on Thursday, with the acquisition of two new fund mandates from the British Business Bank (BBB).
Read moreFriday preview: UK retail sales, Phoenix Group in the spotlight
21st Mar 2024 13:33
(Sharecast News) - Financial markets' focus at the end of the week would be on the UK consumer.
Read morePetroTal ends year in line with guidance
21st Mar 2024 13:16
(Sharecast News) - PetroTal said in an update on Thursday that in the fourth quarter, it saw average sales and production of 15,033 and 14,865 barrels of oil per day, respectively.
Read moreAvacta reaches milestone in AVA6000 dose escalation
21st Mar 2024 13:10
(Sharecast News) - Avacta Group announced a significant milestone in its phase 1a dose escalation study of AVA6000, its lead 'preCISION' drug, on Thursday.
Read moreTrading in Reddit gets underway on Wall Street
21st Mar 2024 13:00
(Sharecast News) - Trading in social media platform Reddit got under way on the New York Stock Exchange on Thursday, in one of the most high- profile tech debuts of recent years.
Read moreBerenberg ups targets for Vistry but risks remain
21st Mar 2024 12:23
(Sharecast News) - Berenberg has hiked its target price for partnerships-focused affordable-housing builder Vistry by 15% but kept a 'hold' rating on the stock, saying the company is "well positioned, but delivery risk remains".
Read moreCiti, Barclays set to trim investment banking headcounts
21st Mar 2024 11:45
(Sharecast News) - Banking giants Barclays and Citigroup were reportedly gearing up to trim their investment banking workforce, it emerged on Thursday, amid a slowdown in dealmaking activity within the sector.
Read moreVictoria promotes Roberto Moreno to group strategy chief
21st Mar 2024 11:44
(Sharecast News) - Flooring specialist Victoria announced the appointment of Roberto Moreno as its new group chief strategy officer and principal duty manager on Thursday.
Read moreUK consumer confidence stalls - GfK
21st Mar 2024 11:18
(Sharecast News) - UK consumer confidence stalled in March, a long-running survey showed on Friday.
Read moreTurkish central bank lifts interest rates to 50%
21st Mar 2024 11:14
(Sharecast News) - The Turkish central bank announced on Thursday that it was lifting its policy rate to 50% from 45% in a surprise move.
Read moreUS pre-open: Stocks to extend gains on rate-cut hopes
21st Mar 2024 10:57
(Sharecast News) - US stock futures were on the rise on Thursday, extending gains from the previous session, after dovish comments from the head of the Federal Reserve raised hopes that rate cuts are on the cards in the coming months.
Read moreUS pre-open: Stocks to extend gains on rate-cut hopes
21st Mar 2024 10:57
(Sharecast News) - US stock futures were on the rise on Thursday, extending gains from the previous session, after dovish comments from the head of the Federal Reserve raised hopes that rate cuts are on the cards in the coming months.
Read moreEurope midday: Stoxx slips from record highs as investors mull rate calls
21st Mar 2024 10:37
(Sharecast News) - European stocks fell back from record highs on Thursday as investors cheered dovish comments from US central bankers overnight and digested a surprise cut in Swiss interest rates along with positive business survey data from the eurozone.
Read moreLondon midday: Stocks maintain gains as BoE stands pat
21st Mar 2024 10:33
(Sharecast News) - London stocks maintained gains just after midday on Thursday after the Bank of England held rates at a 16-year high, as expected.
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