News Archive

Asia report: Markets rise, yen falls after Japan general election

28th Oct 2024 09:31

(Sharecast News) - Asia-Pacific markets posted gains on Monday, led by a strong performance in Japan's stock indices following the country's general election.

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UK business confidence slips ahead of autumn budget

28th Oct 2024 09:04

(Sharecast News) - Business confidence in the UK fell to a four-month low this month ahead of chancellor Rachel Reeve's first budget statement this week.

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Good Energy evaluating takeover proposal from Dubai's Esyasoft

28th Oct 2024 08:44

(Sharecast News) - Good Energy surged on Monday as the renewable electricity and energy services provider said it was considering a takeover proposal from Dubai's Esyasoft.

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Gulf Marine Services lifts forecasts after solid third quarter

28th Oct 2024 08:22

(Sharecast News) - Gulf Marine Services, a provider of self-propelled, self-elevating support vessels for the offshore oil, gas, and renewables sectors, revised its adjusted EBITDA guidance on Monday after reporting solid growth through the third quarter.

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Lords Group acquires majority stake in Ultimate Renewables

28th Oct 2024 08:06

(Sharecast News) - Building materials distributor Lords Group said on Monday that it has acquired a majority stake in Bicester-based business Ultimate Renewables.

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London open: FTSE little changed as BP, Shell gush lower; Budget eyed

28th Oct 2024 07:59

(Sharecast News) - London stocks were little changed in early trade on Monday, with energy issues under the cosh, as investors eyed key earnings releases this week and the Autumn Budget.

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Europe open: Markets rise but rangebound ahead of risk events

28th Oct 2024 07:57

(Sharecast News) - European stock markets rose on Monday but gains were only mild ahead of a number of key risk events from the US over the coming week, including tech earnings, jobs data and the presidential election.

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Computacenter warns on profits after softer end to Q3

28th Oct 2024 07:55

(Sharecast News) - Computacenter downgraded its full-year profit guidance on Monday after a softer-than-expected end to the third quarter.

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Assura applies for secondary listing in South Africa

28th Oct 2024 07:42

(Sharecast News) - Healthcare-focused property investor Assura is to apply for a secondary listing on the Johannesburg Stock Exchange, which it believes will be beneficial to the company and its shareholders.

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BT said to explore sale of Radianz unit

28th Oct 2024 07:37

(Sharecast News) - BT Group is reportedly working with investment bankers on a possible sale of its Radianz unit as part of chief executive Allison Kirkby's plan to simplify the UK telecoms group.

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Customer growth lifts Q3 revenues at Plus500, but margins fall

28th Oct 2024 07:25

(Sharecast News) - Online CFD trading platform Plus500 said it benefited from continued investments to attract new customers in the third quarter, as it reported a double-digit increase in revenue, though falling margins kept a lid on profit growth.

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London pre-open: Stocks seen up ahead of earnings slew, Budget

28th Oct 2024 07:25

(Sharecast News) - London stocks were set to gain at the open on Monday following losses at the end of last week, as investors eyed a slew of key earnings releases this week and the Autumn Budget.

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Monday newspaper round-up: Sellafield, HBOS, retail investors

28th Oct 2024 07:16

(Sharecast News) - Rachel Reeves has been urged not to carry out mooted funding cuts for nuclear sites including Sellafield amid safety concerns, as it emerged that the number of incidents where workers narrowly avoided harm had increased at the Cumbrian site. The GMB union has written to Reeves, the chancellor, before Wednesday's budget to raise safety concerns after rumours emerged that the budget for the taxpayer-owned Nuclear Decommissioning Authority (NDA) could be reduced, which could result in cuts at nuclear sites including Sellafield and Dounreay in Scotland. - Guardian

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Lloyds assessing implications of motor finance court rulings

28th Oct 2024 07:16

(Sharecast News) - Lloyds Banking Group updated the market on recent Court of Appeal rulings concerning motor commission arrangements on Monday, which set a new standard for motor dealers acting as credit brokers, requiring them to disclose commissions paid by lenders more comprehensively to customers.

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Philips lowers sales outlook amid China weakness

28th Oct 2024 07:12

(Sharecast News) - Philips reported flat comparable sales of €4.4bn for its third quarter on Monday, as the Dutch medical devices maker faced a significant decline in demand from China.

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