News Archive

Asia report: Markets mixed ahead of Japan's general election

25th Oct 2024 09:22

(Sharecast News) - Asia-Pacific markets presented a mixed picture on Friday as investors remained cautious ahead of Japan's general election, set to take place over the weekend.

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Kooth refutes reports of slow uptake for its mental health service

25th Oct 2024 09:17

(Sharecast News) - Kooth issued a statement addressing recent share price movement on Friday, following an article on 24 October that it said contained outdated information on its California operations.

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German business sentiment rebounds as outlook brightens

25th Oct 2024 08:58

(Sharecast News) - Business sentiment in Germany has improved for the first time in six months, with confidence around current conditions and future expectations turning brighter.

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Thames Water secures £3bn loan to see it through the next year

25th Oct 2024 08:53

(Sharecast News) - Thames Water secured a critical £3bn loan on Friday, to sustain operations through to October next year.

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Mercedes-Benz scales back sales targets after weak Q3 results

25th Oct 2024 08:45

(Sharecast News) - Mercedes-Benz became the latest in a string of automakers to issue a cautious outlook on Friday as profits in its car division slumped due to macro challenges and heightened competition, particular in China.

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Record assets under management grow in Q2

25th Oct 2024 08:45

(Sharecast News) - Currency and asset manager Record said on Friday that assets under management had grown in the three months ended 30 September.

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Europe open: Stocks open lower on mixed earnings

25th Oct 2024 08:44

(Sharecast News) - Europe's Stoxx 600 opened lower on Friday morning, rounding off the week with its fourth loss in five sessions amid ongoing macro and political uncertainty.

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Van Elle secures 'strategically important contracts' with ONxpress

25th Oct 2024 07:59

(Sharecast News) - Ground engineering contractor Van Elle's Canadian rail subsidiary has been awarded two "strategically important contracts" by ONxpress.

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Learning Technologies extends takeover talks with General Atlantic

25th Oct 2024 07:51

(Sharecast News) - Learning Technologies Group announced an extension of the 'put up or shut up' (PUSU) deadline in its ongoing discussions with General Atlantic on Friday, after the latter recently made a conditional approach to acquire it for 100p per share in cash.

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London open: FTSE dips as wariness sets in ahead of Budget

25th Oct 2024 07:50

(Sharecast News) - London stocks dipped in early trade on Friday as investors mulled a decline in consumer confidence and as wariness set in ahead of next week's Budget.

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Boohoo hits back at "unfair" criticism from Frasers, quashes Ashley appointment

25th Oct 2024 07:43

(Sharecast News) - Fast fashion brand Boohoo has hit back at part-owner Frasers Group over its demands to urgently replace its outgoing chief executive with boss Mike Ashley, suggesting that any such appointment could be a conflict of interest.

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London pre-open: Stocks to nudge lower; consumer confidence dips

25th Oct 2024 07:29

(Sharecast News) - London stocks were set to nudge lower at the open on Friday as investors mulled a decline in consumer confidence and as wariness set in ahead of next week's Budget.

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Remy Cointreau downgrades FY sales outlook

25th Oct 2024 07:25

(Sharecast News) - Remy Cointreau downgraded its full-year sales outlook on Friday as it posted a drop in first-half sales amid continued destocking in the Americas.

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NatWest ups targets as Q3 profits jump by a third

25th Oct 2024 07:19

(Sharecast News) - NatWest has raised its full-year income forecasts after a strong third quarter, in which profits jumped by 35.3% on last year.

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Friday newspaper round-up: Tax rises, WiseTech Global, heat network zones

25th Oct 2024 07:17

(Sharecast News) - City firms are only rarely docking pay and bonuses in cases of bad behaviour including sexual harassment, bullying and drug use, according to the industry's watchdog, which recorded a 40% rise in complaints about non-financial misconduct last year. The findings are the result of the City regulator's first survey looking at the issue, which was launched in the wake of high-profile allegations of sexual harassment, including those against individuals at the Confederation of British Industry (CBI) lobby group. - Guardian

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