News Archive
Team17 taps industry veteran Varachia as its new CFO
30th Oct 2024 09:03
(Sharecast News) - Video game developer and publisher Team17 announced the appointment of Rashid Varachia as its new chief financial and chief operating officer on Wednesday.
Read more'No nuclear risk' from fire at BAE Systems shipyard
30th Oct 2024 08:59
(Sharecast News) - Shares in BAE Systems were in the red on Wednesday morning, as emergency services dealt with a fire at its Barrow-in-Furness nuclear submarine shipyard, briefly hospitalising two people and leading to the evacuation of the facility's main building, Devonshire Dock Hall.
Read moreJefferies initiates coverage on European airline stocks
30th Oct 2024 08:58
(Sharecast News) - Jefferies initiated coverage on a raft of European airline stocks on Wednesday as it argued that the market is overstating the risks.
Read moreGlencore holds full-year production guidance
30th Oct 2024 08:52
(Sharecast News) - Glencore reported a mixed production performance for the first three quarters of the year on Wednesday, with copper, cobalt, zinc, and nickel output generally lower year-on-year, while steelmaking coal saw a significant increase.
Read moreThird-quarter numbers smash expectations at UBS
30th Oct 2024 08:50
(Sharecast News) - UBS posted better-than-expected quarterly numbers on Wednesday, after the Swiss bank benefited from a strong performance in the Americas and Asia and an ongoing cost-cutting programme.
Read moreCiti downgrades Bridgepoint to 'neutral'
30th Oct 2024 08:39
(Sharecast News) - Citi downgraded its stance on alternative asset fund management group Bridgepoint on Wednesday to 'neutral' as it said there are limited near-term catalysts and the shares are up 80% over the past year.
Read moreMolten Ventures portfolio stable as new CEO takes reins
30th Oct 2024 08:27
(Sharecast News) - Molten Ventures announced a stable portfolio performance for its first half on Wednesday, tempered by currency headwinds and shifting leadership.
Read moreLondon open: Stocks fall ahead of Budget; StanChart bucks trend
30th Oct 2024 08:25
(Sharecast News) - London stocks fell in early trade on Wednesday as jitters crept in ahead of the Autumn Budget, with tax rises and spending cuts on the cards.
Read moreHochschild Mining buys Cerrado's Monte Do Carmo Project in Brazil
30th Oct 2024 08:21
(Sharecast News) - Hochschild Mining said on Wednesday that its subsidiary, Amarillo Mineração, had exercised the right buy the Monte Do Carmo Project in Brazil from Cerrado Gold for $60m.
Read moreProfits, sales plunge at Volkswagen
30th Oct 2024 08:14
(Sharecast News) - Profits tumbled at Volkswagen, the German manufacturer confirmed on Wednesday, dragged down by challenging market conditions and higher costs.
Read moreCAB Payments still in talks with StoneX about possible takeover
30th Oct 2024 08:03
(Sharecast News) - Fintech firm CAB Payments said on Wednesday that it is still in talks with US payments firm StoneX about a possible takeover, as it updated on its third-quarter performance.
Read moreEurozone GDP surprises on the upside
30th Oct 2024 07:38
(Sharecast News) - Eurozone economic growth accelerated in the third quarter, official data showed on Wednesday, beating expectations.
Read moreLondon pre-open: Stocks to fall as attention turns to Budget
30th Oct 2024 07:35
(Sharecast News) - London stocks were set to drop at the open on Wednesday ahead of the Autumn Budget.
Read moreEurope open: Stocks slip but UBS shines
30th Oct 2024 07:22
(Sharecast News) - European stocks are under pressure again at the start of the next-to-last session until month's end.
Read moreWednesday newspaper round-up: Starbucks, Santander, Alphabet
30th Oct 2024 07:22
(Sharecast News) - Starbucks office workers will risk losing their jobs if they fail to comply with the company's hybrid work requirement that employees are in the office three times a week. According to the Wall Street Journal an internal message sent to employees warns that an "accountability process" will start in January 2025. Consequences for non-compliance are "up to, and including, separation", according to the company message. - Guardian
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