News Archive
UK consumers more pessimistic as job insecurity persists
17th Mar 2025 09:31
(Sharecast News) - UK consumers grew a little more pessimistic about their finances in March as job insecurity persisted, according to a survey released on Monday.
Read moreChina unveils stimulus measures as economic data beats forecasts
17th Mar 2025 09:14
(Sharecast News) - China unveiled a major stimulus plan on Sunday aimed at boosting domestic consumption, while a barrage of economic data from the government came in better than analysts' forecasts.
Read moreRBC Capital upgrades CVS Group to 'outperform', shares surge
17th Mar 2025 08:40
(Sharecast News) - CVS Group surged on Monday after RBC Capital Markets upgraded the shares to 'outperform' from 'sector perform' on forthcoming clarity from the Competition and Markets Authority and Australian margins, and hiked the price target to 1,500p from 940p.
Read morePhoenix Group lifts financial guidance after strong 2024
17th Mar 2025 08:38
(Sharecast News) - Phoenix Group impressed shareholders on Monday by reporting strong strategic and financial progress for 2024, helping the savings and retirement business to lift its cash generation and earnings targets for the next two years.
Read moreTrump says tariffs to go ahead on April 2 with no exemptions
17th Mar 2025 08:25
(Sharecast News) - US President Donald Trump said he would go ahead with reciprocal and additional sector-specific tariffs on April 2 with no exemptions for the steel and aluminium sectors.
Read moreEurope open: Stoxx up as traders eye global rate calls; Qinetiq slumps
17th Mar 2025 08:04
(Sharecast News) - European shares opened higher on Monday as investors eyed interest rate decisions from around the globe this week in the first assessment of the impact of trade policies from the new US administration.
Read moreVictoria replaces CFO with investment banking vet
17th Mar 2025 08:02
(Sharecast News) - Flooring products manufacturer Victoria has announced that chief financial officer Brian Morgan is to leave the company after three years of service, causing shares to rise strongly on Monday.
Read moreUS pre-open: Futures fall as investors brace for central bank decisions
17th Mar 2025 07:57
(Sharecast News) - US stock futures were pointing to small declines across Wall Street on Monday ahead of a busy week for economic data and central bank policy decisions.
Read moreLondon open: FTSE nudges up ahead of busy policy week; Phoenix surges
17th Mar 2025 07:57
(Sharecast News) - London stocks nudged higher in early trade on Monday ahead of a week packed with central bank policy announcements, as investors mulled the latest developments in Donald Trump's trade war.
Read moreAsia close: Stocks rise on better-than-expected Chinese data
17th Mar 2025 07:51
(Sharecast News) - Stock market indices in the Far East were mostly higher at the start of the week benefitting from a spate of largely better-than-expected data out in China.
Read moreEnergean remains committed to sale of Egypt, Italy and Croatia assets
17th Mar 2025 07:38
(Sharecast News) - Energean remains committed to the sale of its portfolio in Egypt, Italy and Croatia to an outfit controlled by Carlyle International Energy Partners.
Read moreLondon pre-open: Stocks to nudge up ahead of busy week of central bank announcements
17th Mar 2025 07:33
(Sharecast News) - London stocks were set to nudge up at the open on Monday at the start of a busy week that includes a slew of central bank policy announcements, including the Bank of England, Bank of Japan and the US Federal Reserve.
Read moreMonday newspaper round-up: Construction vacancies, Tesla, UK manufacturing
17th Mar 2025 07:23
(Sharecast News) - Rachel Reeves will meet UK regulators on Monday after calling for more action to restrict red tape and spur economic growth. The chancellor argued that government plans would reduce costly delays and disputes, saving businesses billions, and said regulators must accept a more streamlined decision-making process. Reeves is expected to use the meeting to announce more detail on how the government will cut the cost of regulation by a quarter and set out plans to slim down or abolish regulators themselves. - Guardian
Read moreAstraZeneca buys biotech firm Esobiotec for up to $1bn
17th Mar 2025 07:21
(Sharecast News) - AstraZeneca announced on Monday that it is spending up to $1bn to acquire Belgian biotech firm EsoBiotec, which it says has the potential to "transform" cell therapy.
Read moreHouse prices rise in March; decade-high choice to benefit Spring buyers
17th Mar 2025 07:18
(Sharecast News) - The average price of a home coming to market rose in March in line with the long-term average increase for that month, as many new sellers priced sensibly amid decade-high competition to sell, according to Rightmove.
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