News Archive
Europe open: Shares up as UK enters recession; Fortnox surges
15th Feb 2024 08:16
(Sharecast News) - European stock markets were higher at the open, despite the UK entering a technical recession on the day the beleaguered ruling Conservative Party faced two by-elections.
Read moreAO World buys IP rights from mobile phone retailer A1 Comms for £2.2m
15th Feb 2024 08:13
(Sharecast News) - AO World jumped on Thursday, having announced after the close of markets on Thursday that it had the bought intellectual property rights of mobile phone retailer A1 Comms from administration for £2.2m in cash.
Read moreWoodside Energy flags $1.5bn of one-off charges
15th Feb 2024 08:05
(Sharecast News) - Woodside Energy Group flagged $1.5bn of exceptional charges on Thursday, the bulk of which relate to its Shenzi oil and gas field.
Read moreJet2 'pleased' 'encouraged' by early bookings for Summer
15th Feb 2024 08:03
(Sharecast News) - Leisure travel group Jet2 said on Thursday that it was "encouraged" by early bookings for Summer 2024, leading it to "tighten and slightly raise" full-year profit guidance.
Read moreLondon open: FTSE gains as investors mull GDP data
15th Feb 2024 08:00
(Sharecast News) - London stocks rose in early trade on Thursday, taking their cue from gains in the US and Asia, as investors mulled news that the UK fell into recession at the end of 2023.
Read moreIthaca Energy sees FY results, production in line with guidance
15th Feb 2024 07:49
(Sharecast News) - Independent North Sea oil and gas explorer Ithaca Energy said full year earnings would be in line with guidance.
Read moreLondon pre-open: Stocks seen up; UK falls into recession
15th Feb 2024 07:29
(Sharecast News) - London stocks were set for a firmer open on Thursday following gains in the US and Asia, as data showed the UK fell into recession at the end of 2023.
Read moreBarclays eyes SocGen's UK private bank - report
15th Feb 2024 07:24
(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.
Read moreCiti upgrades Kingfisher to 'buy' from 'neutral'
15th Feb 2024 07:22
(Sharecast News) - Citi upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'neutral' as it argued the UK housing recovery supports a re-rating.
Read moreRelx hikes dividend after robust full-year performance
15th Feb 2024 07:22
(Sharecast News) - Business information and analytics firm Relx reported a robust full-year performance in its results on Thursday, with revenue rising an underlying 8% to £9.16bn.
Read moreThursday newspaper round-up: Rate cuts, Virgin Money, NatWest, Lyft
15th Feb 2024 07:22
(Sharecast News) - The Bank of England governor has doused hopes that better-than-expected inflation news last month will accelerate cuts in interest rates, stressing the need for further evidence of wage moderation before Threadneedle Street moves. Appearing before the House of Lords economics committee on Wednesday, Andrew Bailey said it was "encouraging" that inflation had remained unchanged at 4% in January but the previous month's figure for the cost of living had been higher than predicted. - Guardian
Read moreCommerzbank posts strongest performance in 15 years
15th Feb 2024 07:14
(Sharecast News) - German banking giant Commerzbank reported its strongest financial performance in 15 years on Thursday, buoyed by a significant increase in net profit driven by high interest rates.
Read moreCentrica posts fall in annual profit on lower energy prices
15th Feb 2024 07:02
(Sharecast News) - British Gas owner Centrica posted a fall in annual profits on the back of "sharply lower" commodity prices.
Read moreUK falls into technical recession - ONS
15th Feb 2024 06:59
(Sharecast News) - The UK fell into recession at the end of 2023, official data showed on Thursday, after a bigger-than-expected contraction in GDP in the fourth quarter.
Read moreUS close: Stocks regain some of yesterday's CPI-fuelled losses
14th Feb 2024 21:10
(Sharecast News) - US stocks closed higher on Wednesday as major indices attempted to bounce back from yesterday's CPI-fuelled heavy sell-off.
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