News Archive

Monday newspaper round-up: Regional divide, retailers, NatWest, Pfizer

4th Mar 2024 07:24

(Sharecast News) - Britain's sharp regional divide is on track to deepen with London's economy pulling further ahead despite the government's levelling up promises, according to a report. Ahead of Chancellor Jeremy Hunt's budget on Wednesday, the accountancy firm EY said it was forecasting stronger economic growth in London and the wider south-east of England than for the rest of the country. - Guardian

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Intertek inks deal to acquire Base Met Labs

4th Mar 2024 07:21

(Sharecast News) - Intertek announced an agreement to acquire Base Metallurgical Laboratories and Base Met Labs US on Monday, which provide metallurgical testing services within the minerals sector in North America, for an undisclosed sum.

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Ryanair traffic jumps 5% in February

4th Mar 2024 07:18

(Sharecast News) - Budget airline Ryanair reported a 5% jump in February passenger numbers on Monday.

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AstraZeneca's chemo replacement treatment moves closer to EU approval

4th Mar 2024 07:18

(Sharecast News) - European regulators have validated two marketing authorisation applications (MMAs) for AstraZeneca, as the biopharma giant's datopotamab deruxtecan chemotherapy replacement treatment comes one step closer to receiving the green light to treat two types of cancer.

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UK retail sales subdued in February as wet weather provides a drag

4th Mar 2024 07:18

(Sharecast News) - UK retail sales growth slowed last month as volumes were dampened by the wettest February on record, according to the British Retail Consortium-KPMG Retail Sales Monitor released on Tuesday.

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Aviva enters Lloyd's market with £242m Probitas purchase

4th Mar 2024 07:15

(Sharecast News) - Aviva has returned to the Lloyd's insurance market after an absence of two decades with the £242m purchase of underwriting syndicate Probitas.

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Halma buys Rovers Medical for €85m

4th Mar 2024 07:09

(Sharecast News) - Health tech company Halma on Monday said it had bought Netherlands-based Rovers Medical Devices for €85m (£73m).

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Sunday share tips: Elixirr, Shoe Zone

3rd Mar 2024 15:16

(Sharecast News) - Management consultants can talk the talk, but can they walk the walk?

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Sunday newspaper round-up: EasyJet, Direct Line, Cairo

3rd Mar 2024 15:16

(Sharecast News) - EasyJet founder Sir Stelios Haji.Ioannou has called time on his long-running feud with the "scoundrels" running the carrier. Haji-Ioannou has admitted that his war with easyJet boss Johan Lundgren was motivated by his fear that it would not get through Covid-19. His latest remarks come as the company is preparing to re-enter the ranks of the FTSE 100. They also come after attempts by easyJet to fill the gap in the market left by the collapse of Monarch and Thomas Cook, with Lundgren and chairman Stephen Hester having tried to shift focus towards selling holidays instead of just flights. - The Sunday Times

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Europe close: Stocks keep pushing higher

1st Mar 2024 20:17

(Sharecast News) - European shares were all higher at the end of the week with German and French issues at or above all-time highs.

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Broker tips: Hunting, Burberry, Relx

1st Mar 2024 16:30

(Sharecast News) - Analysts at Canaccord Genuity hiked their target price on energy supplier Hunting from 400.0p to 450.0p on Friday following the publication of the group's full-year results a day earlier.

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Week ahead: US jobs report, Fed's Powell in the spotlight

1st Mar 2024 16:19

(Sharecast News) - Investors' attention over the coming week will be trained on two key risk events in the U.S..

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US factory activity slips further in February, ISM says

1st Mar 2024 15:45

(Sharecast News) - Manufacturing sector activity in the U.S. shrank at a slightly quicker pace in February than during the prior month, the results of a closely-followed survey revealed.

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FTSE 250 movers: ITV surges on Britbox sale; Spectris slips

1st Mar 2024 15:16

(Sharecast News) - FTSE 250 (MCX) 19,270.19 1.13%

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Consumer confidence near long-term average in February, U Michigan says

1st Mar 2024 15:07

(Sharecast News) - Consumer confidence held near its long-term average last month, the results of a closely-followed survey showed.

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