News Archive
UK 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.
Read moreNorway keeps interest rates unchanged, signals only one cut in 2024
21st Mar 2024 10:33
(Sharecast News) - Norway's central bank kept its main interest rate unchanged, as expected, but indicated it would only make one cut this year.
Read moreSwiss National Bank cuts rates in surprise move
21st Mar 2024 10:32
(Sharecast News) - The Swiss National Bank surprised markets on Thursday after it trimmed interest rates for the first time in nearly a decade.
Read moreGulf Keystone swings to loss in 2023
21st Mar 2024 10:10
(Sharecast News) - Kurdistan-focused oil group Gulf Keystone Petroleum (GKP) swung to a small loss in 2023 as the suspension of exports and continued delays to payments from the regional government had a material impact on its financial performance.
Read more'Glimmer of hope' for Eurozone economy as PMIs edge higher
21st Mar 2024 09:55
(Sharecast News) - Business activity across the Eurozone showed early signs of stabilising in March, according to closely-watched research published on Thursday.
Read moreRBC Capital downgrades Redrow to 'sector perform'
21st Mar 2024 09:50
(Sharecast News) - RBC Capital Markets downgraded Redrow on Thursday to 'sector perform' from 'outperform' following a period of outperformance and the fact the share price is now linked to that of Barratt Developments.
Read moreGKN spin-off Dowlais points to flat revenues in 2024
21st Mar 2024 09:24
(Sharecast News) - Shares in automotive engineering group Dowlais dropped on Thursday despite the announcement of a £50m share buyback, as the company pointed to stable revenues in 2024.
Read moreRBC Capital upgrades IAG to 'outperform'
21st Mar 2024 09:09
(Sharecast News) - RBC Capital Markets upgraded BA and Iberia owner IAG on Thursday to 'outperform' from 'sector perform' and lifted the price target to 220p from 200p.
Read moreEnergean hails 'transformational' year as profits, revenues surge
21st Mar 2024 09:09
(Sharecast News) - Energean posted a surge in annual sales and earnings on Thursday, after the successful ramp-up of production from the Karish offshore gas field.
Read more3i Group reports strong growth at Action
21st Mar 2024 09:09
(Sharecast News) - 3i Group said in its third-quarter update on Thursday that its largest portfolio company, the Benelux discount retailer Action, recorded notable growth in its 2023 financial year, with net sales reaching €11.32bn and operating EBITDA hitting €1.62bn, marking a 28% and 34% increase, respectively, compared to 2022.
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