News Archive
Ryanair cuts back schedule amid Boeing 737 MAX delays
1st Mar 2024 09:32
(Sharecast News) - Ryanair confirmed further setbacks in its aircraft delivery schedule on Friday, after Boeing announced a reduced number of 737 MAX-8200 deliveries.
Read moreDeadline for Superdry takeover bid extended
1st Mar 2024 09:16
(Sharecast News) - Superdry said on Friday that the Takeover Panel has agreed to extend the "put up or shut up" deadline for co-founder and chief executive Julian Dunkerton to either announce a firm intention to make an offer for the company or walk away.
Read moreJP Morgan places Burberry on 'negative catalyst watch'
1st Mar 2024 08:51
(Sharecast News) - JP Morgan has added Burberry to its 'negative catalyst watch' list ahead of the British high fashion brand's annual results as the wider luxury sector continues to contend with a major slowdown in growth.
Read moreEZ manufacturing activity eases slightly in Feb - PMI
1st Mar 2024 08:45
(Sharecast News) - Eurozone manufacturing activity slowed slightly in February, but signs continued that contraction in the sector was easing, according to flash estimates from a survey published on Friday.
Read moreUK manufacturing downturn continues amid Red Sea disruption
1st Mar 2024 08:37
(Sharecast News) - The downturn in the UK manufacturing sector continued in February amid disruption from the Red Sea crisis, according to a survey released on Friday.
Read moreAsia report: Stocks higher across region as Nikkei nears 40k
1st Mar 2024 08:24
(Sharecast News) - Markets in the Asia-Pacific region were in the green on Friday, with Japan's Nikkei 225 leading gains as it neared the psychologically-significant 40,000 level.
Read moreEurope open: US data boosts shares; Embracer surges on Saber report
1st Mar 2024 08:02
(Sharecast News) - European shares opened strongly on Friday on the back of falling inflation in the US, while investors turned their attention to eurozone CPI and survey data.
Read moreRightmove FY profits grow, customer numbers to ease
1st Mar 2024 08:00
(Sharecast News) - Real estate property portal operator Rightmove said on Friday that profits had risen in 2023 and guided for further revenue growth in 2024 despite warning that customer numbers were likely to ease this year.
Read moreWincanton board backs £762m takeover approach from GXO
1st Mar 2024 07:58
(Sharecast News) - Wincanton said on Friday that its board is now backing a £762m takeover approach by Clipper Logistics owner GXO Logistics, withdrawing previous support for an offer by CEVA Logistics, a unit of French shipping firm CMA CGM.
Read moreLondon open: Stocks rise on US inflation cheer; house prices, retail data in focus
1st Mar 2024 07:56
(Sharecast News) - London stocks rose in early trade on Friday following solid gains on Wall Street, as investors continued to cheer an easing in US inflation.
Read moreHouse prices return to growth for first time in more than a year
1st Mar 2024 07:47
(Sharecast News) - Annual house prices in the UK returned to growth in February for the first time in more than a year following a dip in borrowing costs, according to figures released by Nationwide on Friday.
Read moreLondon pre-open: Stocks seen up on Wall St gains; house prices return to growth
1st Mar 2024 07:41
(Sharecast News) - London stocks were set to rise at the open on Friday following solid gains in the US and Asia, as investors mulled the latest UK house price and retail sales data.
Read morePearson FY profits jump on strong demand for English courses
1st Mar 2024 07:39
(Sharecast News) - UK educational publisher Pearson said it expected 2024 earnings to be in line with expectations after reporting a rise in annual profits driven by strong demand for its English language courses and extending its share buyback by £200m.
Read moreChinese manufacturing PMIs show small improvements in February
1st Mar 2024 07:32
(Sharecast News) - Two separate readings of manufacturing activity in China showed little change in February, but still managed to come in ahead of economists' expectations.
Read moreFriday newspaper round-up: Boeing, mortgages, ISAs
1st Mar 2024 07:30
(Sharecast News) - Boeing said on Thursday it had reached a $51m settlement with the US state department for numerous export violations including Chinese employees in China improperly downloading documents related to US Pentagon programs. The state department said from 2013 through 2017 three Chinese employees at Boeing facilities in China downloaded technical data involving programs including the F-18, F-15 and F-22 fighter jets, the E-3 airborne warning and control system, the AH-64 Apache attack helicopter and the AGM84E cruise missile. - Guardian
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