News Archive
Sunday newspaper round-up: 30-year bond yields, France, BAE Systems
31st Aug 2025 20:03
(Sharecast News) - Thirty-year bond yields have notched multiple new record highs thus far in 2025 - for all the wrong reasons. That on the 30-year bond had stayed at around 5.6%, near a three-decade high. That is also the highest yield among G7 countries. Should a country's rate of economic growth not be set to exceed the average rate on its debt, then it is in trouble, as that is taken as a sign of future default. France's prime minister seems to be facing the impossible task of cutting spending and raising taxes to lower its deficit. In Britain, there is talk of a fiscal hole of as much as £40bn. The US deficit meanwhile could jump by over $2trn over the next 10 years as a result of President Trump's tax cuts. - The Sunday Times
Read moreUS close: Stocks lower following July CPI reading
29th Aug 2025 23:27
(Sharecast News) - Major indices traded lower on Friday as market participants digested news that inflation had ticked higher in July.
Read moreLondon close: Stocks fall on bank tax concerns, US inflation
29th Aug 2025 17:42
(Sharecast News) - London stocks ended lower on Friday as banking shares slumped after a think tank suggested a potential windfall tax on the sector, while investors assessed the latest US inflation data.
Read moreEurope close: Markets in the red on inflation concerns
29th Aug 2025 16:13
(Sharecast News) - European stocks fell across the board on Friday, closing out the week at their lowest level in 13 trading days, as an acceleration in inflation at home and abroad dampened sentiment.
Read moreUS trade deficit widens as imports jump before tariff deadline
29th Aug 2025 15:29
(Sharecast News) - America's trade deficit widened much more than expected in July to its highest in four months, as purchasing managers shipped products into the country to get ahead of the tariff deadline.
Read moreBroker tips: Chesnara, Rolls Royce
29th Aug 2025 14:55
(Sharecast News) - Analysts at Berenberg nudged up their target price on UK life and pension consolidator Chesnara from 328p to 333p on Friday following the group's first-half earnings a day earlier.
Read moreWood Group agrees £216m takeover by Dubai's Sidara
29th Aug 2025 14:42
(Sharecast News) - Wood Group said on Friday that it has agreed to be taken over by Sidara in a £216m deal that will see the Dubai-based engineering and consulting firm provide a cash injection of $450m.
Read moreDirector dealings: Convatec interim CEO snaps up shares
29th Aug 2025 14:41
(Sharecast News) - Convatec revealed on Friday that interim chief executive Jonny Mason had acquired 50,000 ordinary shares in the FTSE 100-listed medical products firm.
Read moreWeek ahead: US non-farm payrolls, Global PMIs in focus
29th Aug 2025 14:29
(Sharecast News) - Investors' focus over the coming week was expected to be on the official monthly US jobs tally.
Read moreUS incomes jump in July, prices slightly mixed
29th Aug 2025 14:18
(Sharecast News) - Americans' incomes and spending grew briskly in July, while price pressures picked up a tad.
Read moreChicago manufacturing drops more than expected
29th Aug 2025 14:14
(Sharecast News) - Business activity in the key Chicago manufacturing sector contracted at a much sharper rate than expected in August, according to a closely followed survey from the Institute for Supply Management on Friday.
Read moreFTSE 100 movers: Banks hit by windfall tax fears; Rolls-Royce boosted by Citi note
29th Aug 2025 14:12
(Sharecast News) - London's FTSE 100 was flat at 9,219.42 in afternoon trade on Friday.
Read morePetra Diamonds sees strong shareholder support for refinancing plan
29th Aug 2025 14:00
(Sharecast News) - Petra Diamonds has announced that its recently announced fundraising plan has received strong support from shareholders, though shares fell sharply after a strong surge earlier this month.
Read moreFTSE 250 movers: JTC surges as Permira looms; Banks under the cosh on tax threat
29th Aug 2025 13:09
(Sharecast News) - FTSE 250 (MCX) 21,672.61 -0.33%
Read moreUoM consumer sentiment index drops to 58.6 in August
29th Aug 2025 12:28
(Sharecast News) - The University of Michigan's final consumer sentiment index for August came in at 58.2, down from 58.6 in July and slightly below preliminary estimates of the same, reflecting renewed concerns over inflation and deteriorating buying conditions.
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