News Archive

Europe midday: Shares look for direction ahead of US payrolls

6th Jun 2025 12:17

(Sharecast News) - European shares were flat at as investors eyed the very public breakup of the Donald Trump-Elon Musk bromance, which quickly descended into personal insult and threats over the US President's planned tax and spending Bill.

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Former McKinsey boss sounded out over HSBC chair - report

6th Jun 2025 12:15

(Sharecast News) - The former head of McKinsey & Company has been sounded out about becoming the new chair of HSBC Holdings, it was reported on Friday.

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N4 Pharma reports narrower full-year operating loss

6th Jun 2025 12:14

(Sharecast News) - N4 Pharma reported a reduced operating loss of £1.22m for 2024 on Friday, down from £1.42m the prior year, as the biotech company continued to develop its proprietary Nuvec gene delivery platform.

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Renewi chief steps down as £700m takeover closes

6th Jun 2025 12:14

(Sharecast News) - Renewi's long-standing chief executive has left the recycling specialist, it was confirmed on Friday, following the completion of Macquarie's £707m takeover.

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Anexo Group confident despite fall in profit

6th Jun 2025 12:12

(Sharecast News) - Anexo Group reported a 35.7% fall in pre-tax profit to £14.8m for 2024 on Friday, reflecting the absence of a one-off settlement with Volkswagen in the prior year and continued investment in its legal services division.

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Andrada tin concentrate production rises

6th Jun 2025 12:11

(Sharecast News) - Andrada Mining reported an 11% year-on-year increase in tin concentrate production to 405 tonnes for the quarter ended 31 May on Friday, alongside a continued reduction in operating costs as it strengthened its performance at the Uis mine in Namibia.

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London midday: FTSE flat ahead of payrolls report

6th Jun 2025 10:48

(Sharecast News) - London stocks had pared earlier small gains to trade flat by midday on Friday as investors eyed the latest US non-farm payrolls report.

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Rosebank to buy US firm in $1.9bn deal

6th Jun 2025 10:37

(Sharecast News) - Rosebank is to raise more than £1bn to acquire US-based Electrical Components International, the British investment firm said on Friday.

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US pre-open: Futures higher ahead of NFP report

6th Jun 2025 10:15

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday , as market participants awaited the release of May's all-important non-farm payrolls report.

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Berenberg bullish on Dr Martens' new growth strategy

6th Jun 2025 09:58

(Sharecast News) - Berenberg has hiked its target price for Dr Martens by a tenth and kept a 'buy' rating on the stock following the bootmaker's stronger-than-expected annual results this week.

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Eurozone GDP revised higher for first quarter

6th Jun 2025 09:57

(Sharecast News) - The eurozone economy expanded at a much stronger rate than initially expected in the first quarter, registering the steepest rate of growth in two and a half years.

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Apax Global Alpha to invest further in WSGN

6th Jun 2025 09:20

(Sharecast News) - Apax Global Alpha said in an update on Friday that it expects to invest a further €3m indirectly in WGSN, following the consumer trend forecaster's acquisition of IWSR, a provider of data and analytics for the alcoholic beverage industry.

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Executive bonuses banned at six water companies under new powers

6th Jun 2025 08:45

(Sharecast News) - A raft of water companies have been banned from paying out executive bonuses, including Thames Water, as new rules came into force on Friday.

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Pinewood to acquire remaining Lithia joint venture stake

6th Jun 2025 08:28

(Sharecast News) - Pinewood Technologies Group announced on Friday that it has agreed to acquire the 51% stake it does not already own in its North American joint venture from Lithia Motors for $76.5m, to be satisfied entirely in new shares.

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Asia report: Markets mixed after Trump-Xi phone call

6th Jun 2025 08:25

(Sharecast News) - Asia-Pacific markets ended mixed on Friday as investors weighed a positive phone call between US president Donald Trump and his Chinese counterpart Xi Jinping, in which the two leaders agreed to resume trade negotiations.

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