News Archive

Petro Matad to start production at Heron-1 well

22nd Oct 2024 14:25

(Sharecast News) - Mongolian oil company Petro Matad announced on Tuesday that production at its Heron-1 well in Block XX was set to start by 25 October.

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US open: Stocks lower as Q3 earnings, Treasury yields remain in focus

22nd Oct 2024 14:13

(Sharecast News) - Wall Street stocks were in the red early on Tuesday as Q3 earnings remained firmly in focus.

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Reeves considering tax hike on Amazon, online retailers - reports

22nd Oct 2024 14:09

(Sharecast News) - Chancellor of the Exchequer Rachel Reeves is considering a tax increase on large e-commerce companies like Amazon in her upcoming budget, according to reports on Tuesday, in a bid to support the UK's ailing high street.

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System1 pleased with second quarter trading

22nd Oct 2024 14:03

(Sharecast News) - System1 Group reported strong second-quarter growth in a trading update on Tuesday, driven by a significant increase in platform revenue.

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Genus CFO Alison Henriksen to retire

22nd Oct 2024 12:51

(Sharecast News) - Genus said on Tuesday that chief financial officer Alison Henriksen plans to retire after five years with the animal genetics company.

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FTSE 250 movers: Morgan Sindall surges, financial stocks fall

22nd Oct 2024 12:42

(Sharecast News) - Construction firm Morgan Sindall was the notable outperformer on the FTSE 250 on Tuesday after reporting that full-year profits would now be "significantly ahead" of previous expectations.

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Wednesday preview: Central bank activity to dominate

22nd Oct 2024 12:42

(Sharecast News) - In the absence of any major economic data, all eyes will be on the central banks on Wednesday as a number of key events are set to dominate headlines.

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Barclays in talks with Brookfield about sale of UK payments arm - report

22nd Oct 2024 12:30

(Sharecast News) - Barclays has reportedly re-entered talks about a heavily structured deal to offload a stake in a major division of its British operations to asset management firm Brookfield.

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Philip Morris raises FY profit guidance on strong Q3 sales

22nd Oct 2024 12:24

(Sharecast News) - Tobacco giant Philip Morris raised its full-year profit guidance on Tuesday on the back of strong Q3 sales of its Zyn and IQOS products in the US.

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LPA Group appoints new chief executive

22nd Oct 2024 12:02

(Sharecast News) - Electronic and electromechanical components and systems specialist LPA Group announced the appointment of Philo Daniel-Tran as its new chief executive officer on Tuesday.

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Sunda still working to secure Pacific LNG investment in Chuditch

22nd Oct 2024 11:48

(Sharecast News) - Southeast Asia-focussed gas explorer Sunda Energy updated the market on operations at its Chuditch production sharing contract (PSC) in Timor-Leste on Tuesday, and outlined its plans for new ventures in the region.

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Orosur Mining upbeat on recent progress in Colombia

22nd Oct 2024 11:43

(Sharecast News) - Orosur Mining updated the market on exploration activities at its Anzá Project in Colombia on Tuesday, reporting significant progress at the Pepas Prospect and promising results from historical sampling at the El Cedro and El Roble prospects.

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GM smashes Q3 forecasts, raises full-year guidance again

22nd Oct 2024 11:43

(Sharecast News) - General Motors comfortably beat market expectations with its third-quarter results on Tuesday and raised its annual profit guidance for the third time this year.

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GM smashes Q3 forecasts, raises full-year guidance again

22nd Oct 2024 11:43

(Sharecast News) - General Motors comfortably beat market expectations with its third-quarter results on Tuesday and raised its annual profit guidance for the third time this year.

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CleanTech extends Laguna Verde payment terms

22nd Oct 2024 11:39

(Sharecast News) - Chile-focussed sustainable lithium developer CleanTech Lithium announced an agreement to extend the payment terms for the second stage of its acquisition of the Laguna Verde licences on Tuesday.

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