News Archive

Prudential sells stake in Indian venture ahead of IPO

11th Dec 2025 12:29

(Sharecast News) - British insurer Prudential has sold a stake in its Indian joint venture for around £400m, the British insurer said on Thursday.

Read more

London midday: FTSE turns up as investors digest Fed decision, Oracle numbers

11th Dec 2025 11:42

(Sharecast News) - London stocks had popped higher by midday on Thursday as investors mulled disappointing earnings from US software giant Oracle and the latest policy announcement from the Federal Reserve, which cut rates as expected but signalled a long pause ahead.

Read more

Thyssenkrupp to shut electrical steel plants in Germany, France

11th Dec 2025 11:36

(Sharecast News) - German steel giant Thyssenkrupp has announced plans to close certain plants across Germany and France as cheap imports flood the European market, would could results in up to 1,200 job losses.

Read more

PE firm Bridgepoint injects millions into Burger King UK - report

11th Dec 2025 11:01

(Sharecast News) - Bridgepoint - the private equity backer of Burger King UK - has reportedly injected millions of pounds of new funding as part of a deal which paves the way for their partnership to be extended into the 2040s.

Read more

Europe midday: Shares rally after Fed cut; Oracle, politics in focus

11th Dec 2025 10:58

(Sharecast News) - European shares rallied from morning lows on Thursday after the US Federal Reserve cut interest rates and pencilled in only one reduction in 2026, while geopolitical tensions were also in focus as US forces seized an oil tanker off the coast of Venezuela.

Read more

Heathrow names former BT boss Philip Jansen chair

11th Dec 2025 10:50

(Sharecast News) - Heathrow Airport has named corporate veteran Philip Jansen as its new chair, the west London transport hub confirmed on Thursday.

Read more

Asia report: Most markets slide after Fed rate cut

11th Dec 2025 10:41

(Sharecast News) - Asia-Pacific equities gave up early gains and traded mostly lower on Thursday after the US Federal Reserve delivered its third rate cut of the year and signalled a pause in further easing.

Read more

US pre-open: Futures head south after Wednesday's rate cut-fuelled rally

11th Dec 2025 10:31

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday after major indices chalked up solid gains in the previous session on the back of the Federal Reserve's move to cut interest rates by 0.25%.

Read more

CBI raises UK GDP estimates but warns of sluggish demand

11th Dec 2025 10:10

(Sharecast News) - The Confederation of British Industry (CBI) has raised its UK economic growth forecasts for 2025 and 2026 as a result of government spending upgrades following the Autumn Budget, but warned that "persistent weakness" in private sector demand is continuing to hold the economy back.

Read more

Power Probe raises £11m as shares rise on AIM debut

11th Dec 2025 09:30

(Sharecast News) - Shares in Power Probe were putting in solid gains on the company's first day of trading in London, as the automotive diagnostic specialist raised £11.2m in proceeds from the placing of new shares.

Read more

US initial jobless claims increase by 44,000

11th Dec 2025 09:23

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 6 December, according to the Department of Labor, more than reversing the prior week's decline.

Read more

UK government inks wide-ranging AI deal with Google DeepMind

11th Dec 2025 09:20

(Sharecast News) - The UK government has announced a wide-ranging partnership with Alphabet subsidiary Google DeepMind aimed at accelerating scientific discovery, modernising public services and supporting the country's long-term clean-energy ambitions, in what ministers described as a central pillar of Britain's "national renewal".

Read more

Profits tumble as RWS refocuses on AI

11th Dec 2025 09:10

(Sharecast News) - RWS Holdings posted a slump in profits on Thursday, weighed down by weaker margins and foreign exchange headwinds, as it pivoted to become a pure-play artificial intelligence company.

Read more

Berenberg trims RWS target price on weaker FY results, eyes AI-led turnaround

11th Dec 2025 09:05

(Sharecast News) - Berenberg lowered its target price on RWS Holdings from 210p to 170p on Thursday following the content solutions firm's full-year results.

Read more

Oracle shares tumble on disappointing Q2 numbers

11th Dec 2025 08:46

(Sharecast News) - Shares in Oracle Corporation fell sharply in after-hours trading on Thursday, after second-quarter numbers from the US tech giant disappointed.

Read more