News Archive

US pre-open: Futures higher as Trump softens stance on China and Powell

23rd Apr 2025 11:34

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday after Donald Trump revealed he did not intend to try to oust "major loser" Jerome Powell from his role as Federal Reserve chairman and said Chinese tariffs would "come down substantially".

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Supreme trades 'strongly' across FY25

23rd Apr 2025 10:57

(Sharecast News) - Consumer goods business Supreme said on Wednesday that it had "traded strongly" across FY25, delivering a record financial performance, supported by the positive impact of strategic acquisitions and continued management of its cost base.

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Europe midday: Stoxx powers ahead on Trump Powell U-turn

23rd Apr 2025 10:56

(Sharecast News) - European shares powered ahead on Wednesday, led by German software giant SAP, after President Donald Trump performed another U-turn and pulled back from his threat to fire Federal Reserve chair Jerome Powell while also hinting at possible lower tariffs for China.

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London midday: Easing trade tensions push stocks higher

23rd Apr 2025 10:48

(Sharecast News) - Rising hopes that the US and China may some day agree to a new trade deal saw the return of risk appetite on London's equity markets on Wednesday, pushing the FTSE 100 to its highest level in three weeks.

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System1 cautious of 'downside' risk from current market volatility

23rd Apr 2025 10:45

(Sharecast News) - Market research firm System1 warned on Wednesday that there was currently more downside risk presented by the current volatility in global markets than there was upside, despite coming off its best monthly performance in terms of revenue in March.

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Oracle Power announces encouraging assay results from Northern Zone

23rd Apr 2025 09:54

(Sharecast News) - Oracle Power announced further encouraging assay results from its ongoing drilling programme at the Northern Zone Intrusive Hosted Gold Project on Wednesday, located near Kalgoorlie in Western Australia.

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Metals Exploration reports solid first quarter

23rd Apr 2025 09:42

(Sharecast News) - Metals Exploration reported a solid operational and financial performance in the first quarter of 2025 on Wednesday, with free cash flow rising to $23.5m, up from $22.5m in the prior quarter.

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Nichols revenue rises as it shifts to concentrate model

23rd Apr 2025 09:36

(Sharecast News) - Nichols reported a 1.2% year-on-year increase in group revenue to £39.3m for the first quarter of 2025 on Wednesday, in line with board expectations.

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UK private sector contracts as tariffs send PMI to 27-month low

23rd Apr 2025 09:25

(Sharecast News) - Private sector activity in the UK declined in April for the first time in 18 months, as the downturn in manufacturing worsened and the services sector unexpectedly contracted.

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Aeorema Communications partners with Stagwell

23rd Apr 2025 09:21

(Sharecast News) - Aeorema Communications revealed on Wednesday that its brand experience agency, Cheerful Twentyfirst, has been reappointed by Stagwell to produce SPORT BEACH at the Cannes Lions International Festival of Creativity in June 2025.

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Asia report: Markets climb as Trump reassures on Powell, China

23rd Apr 2025 09:12

(Sharecast News) - Markets across the Asia-Pacific region climbed on Wednesday, buoyed by optimism that US-China trade tensions could ease following remarks from US president Donald Trump.

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AB Dynamics reports strong first-half revenue growth

23rd Apr 2025 09:12

(Sharecast News) - AB Dynamics reported an 11% increase in revenue to £58m for the six months ended 28 February on Wednesday, reflecting robust demand across its global transport testing and simulation markets.

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First Property FY pre-tax profits to 'significantly exceed' expectations

23rd Apr 2025 09:12

(Sharecast News) - Property investor First Property said on Wednesday that full-year pre-tax profits were expected to "significantly exceed" market expectations.

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Euro area factory activity holds up in April, but services softens

23rd Apr 2025 09:10

(Sharecast News) - Economic activity in the single currency bloc continued to cool in April, as new orders fell more rapidly and weaker confidence in the outlook, preliminary survey results revealed.

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Hollywood Bowl posts record half-year revenue

23rd Apr 2025 09:04

(Sharecast News) - Hollywood Bowl posted record group revenue of £129.2m for the six months ended 31 March on Wednesday, marking an 8.4% increase on the prior year, as continued investment in estate quality and customer experience drove strong performances across both the UK and Canadian markets.

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