News Archive
Tuesday newspaper round-up: P&O Ferries, National Grid, Heathrow, Mike Lynch
19th Mar 2024 07:23
(Sharecast News) - P&O Ferries, which controversially sacked about 800 workers in 2022, has paid some crew members less than half the UK minimum wage thanks to an ongoing legal loophole the British government promised to close two years ago. Agency workers at the company, which is owned by the Dubai-based DP World, have in some cases been earning about £4.87 an hour - even lower than the £5.15 an hour the company suggested was its lowest pay rate - an analysis of recent payslips conducted by the Guardian and ITV News suggests. - Guardian
Read moreUnilever announces plans to separate ice cream business
19th Mar 2024 07:23
(Sharecast News) - Unilever unveiled its latest move to expedite its growth action plan (GAP) on Tuesday, through the separation of its ice cream business and the introduction of a significant productivity programme.
Read moreSabre Insurance unveils special dividend after strong 2023 results
19th Mar 2024 07:19
(Sharecast News) - Shares in Sabre Insurance were rising on Tuesday after the motor insurance underwriter doubled its dividend payout for 2023, proposing a bumper special dividend after a huge surge in profits last year.
Read moreJapan lifts rates for first time in 17 years
19th Mar 2024 07:13
(Sharecast News) - Japan's central bank raised interest rates on Tuesday, ending an eight-year policy of keeping them in negative territory in an attempt to boost economic growth.
Read moreAstraZeneca to buy US-listed Fusion Phrama for $2bn
19th Mar 2024 07:05
(Sharecast News) - AstraZeneca said it had agreed to buy biopharmaceutical company Fusion Pharmaceuticals for up to $2bn.
Read moreDiageo names Sir John Manzoni as next chair
19th Mar 2024 07:04
(Sharecast News) - Diageo has announced that non-executive director and former Cabinet Office official Sir John Manzoni will step in as its new chair when Javier Ferrán retires from the head of the board next year.
Read moreWeek ahead: Bank of England, Fed rate decisions in the spotlight
18th Mar 2024 19:16
(Sharecast News) - Investors' focus over the coming week would be squarely on central bank policy decisions in the UK and U.S..
Read moreTuesday preview: Bank of Japan, Close Brothers's Group in focus
18th Mar 2024 17:27
(Sharecast News) - All eyes will be on the Bank of Japan with some traders banking on an end to its policy of negative interest rates and yield curve control.
Read moreEurope close: Stocks little changed ahead of raft of central bank decisions
18th Mar 2024 17:26
(Sharecast News) - European shares were softer on Monday, having started the session higher thanks to upbeat China data.
Read moreBerenberg nudges up target price on Team Internet Group
18th Mar 2024 16:58
(Sharecast News) - Analysts at Berenberg slightly raised their target price on global internet business Team Internet Group on Monday after the group's full-year results came in "marginally ahead" of numbers provided at the time of its trading update on 29 January.
Read moreBroker tips: Team Internet Group, Centrica, Beazley
18th Mar 2024 16:24
(Sharecast News) - Analysts at Berenberg slightly raised their target price on global internet company Team Internet Group on Monday after the group's full-year results came in "marginally ahead" of numbers provided at the time of its trading update on 29 January.
Read moreDirector dealings: Vodafone CFO makes share purchase
18th Mar 2024 16:23
(Sharecast News) - Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2.46m ordinary shares in the FTSE 100-listed telecommunications giant.
Read moreUS close: Stocks reclaim some of Friday's losses
18th Mar 2024 15:52
(Sharecast News) - Wall Street stocks closed higher on Monday as major indices clawed back some of the previous session's losses ahead of tomorrow's Federal Reserve meeting.
Read moreLondon close: Stocks slip ahead of central bank decisions
18th Mar 2024 15:33
(Sharecast News) - London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.
Read moreCelsius subsidiary granted permit for MCB project
18th Mar 2024 15:01
(Sharecast News) - Celsius Resources updated the market on its its flagship Maalinao-Caigutan-Biyog (MCB) mining project on Monday, reporting that the Philippine Department of Environment and Natural Resources granted its subsidiary Makilala Mining Company (MMCI) a mineral production sharing agreement (MPSA) on 15 March.
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