News Archive
Europe open: Shares fall ahead of US, European inflation data
29th Aug 2025 07:57
(Sharecast News) - European shares opened lower on Friday as investors awaited inflation data from a raft of continental countries and the US later in the day.
Read moreLondon open: Stocks nudge lower as banks slide; US PCE eyed
29th Aug 2025 07:50
(Sharecast News) - London stocks nudged lower in early trade on Friday, with banks under the cosh after a think tank raised the possibility of a potential windfall tax on the sector, as investors eyed the latest US PCE inflation numbers.
Read moreFrasers Group appoints Jon Thompson as new chair as Daly steps down
29th Aug 2025 07:49
(Sharecast News) - Frasers Group said on Friday that chair David Daly will step down from the board at the annual general meeting next month after eight years of service and will be succeeded by Sir Jon Thompson on 1 September.
Read moreAsiamet Resources posts $2.49m H1 net loss
29th Aug 2025 07:45
(Sharecast News) - Copper producer Asiamet Resources reported a net loss of $2.49m for the six months ended 30 June, broadly in line with the prior year's $2.44m deficit, as it continued to advance its flagship BKM Stage 1 copper project in Indonesia.
Read moreUK business trading prospects at 11-year high, Lloyds confidence survey shows
29th Aug 2025 07:40
(Sharecast News) - Business confidence in the UK edged higher this month as trading prospects hit their highest in more than a decade, though optimism about the economic outlook still declined.
Read moreRémy Cointreau lowers tariff hit estimates after US-EU trade deal
29th Aug 2025 07:37
(Sharecast News) - Rémy Cointreau has revised the estimated impact of US tariffs on business, cutting the estimated negative hit on profits by €15m, following the trade deal reached between the US and EU.
Read moreCiti hikes Rolls-Royce price target
29th Aug 2025 07:33
(Sharecast News) - Citi hiked its price target on Rolls-Royce on Friday to 1,101p from 641p, citing three main factors.
Read moreLondon pre-open: Stocks seen flat as investors eye US PCE inflation
29th Aug 2025 07:32
(Sharecast News) - London stocks were set for a steady open on Friday after three consecutive days of losses, as investors eyed the latest US PCE inflation numbers.
Read moreFriday newspaper round-up: Bank tax, package shipments, winter fuel raid
29th Aug 2025 07:24
(Sharecast News) - Rachel Reeves should levy a new bank tax and urge the Bank of England to halt bond sales to reduce the government's £22bn-a-year losses from quantitative easing, the IPPR thinktank has argued. In a report called Fixing the Leak, the IPPR's associate director for economic policy, Carsten Jung, says the Treasury should rein in the costs of QE as public finances are tight. - Guardian
Read moreGerman retail sales fall more than expected
29th Aug 2025 07:19
(Sharecast News) - Retail sales in Germany dropped more than expected in July, registering their sharpest rate of decline in nearly two years, according to data out on Friday from Destatis.
Read morePantheon International NAV increases in July
29th Aug 2025 07:12
(Sharecast News) - Private equity investor Pantheon International said on Friday that its net asset value had increased 3.7% in July to 510.4p per share, primarily by favourable foreign exchange movements and valuation gains, while total NAV grew to £2.3bn.
Read moreOcean Wilsons urges investors to approve Hansa merger
29th Aug 2025 07:12
(Sharecast News) - Ocean Wilsons has once again urged investors to back its £900m merger with Hansa after US investor Arnhold said it would vote against the deal, claiming it undervalued the UK maritime services and investment firm.
Read moreWood Group sells North American division for $110m
29th Aug 2025 07:07
(Sharecast News) - Engineering and consulting business Wood Group has sold its transmission and distribution division in North America as it sheds non-core businesses ahead of its possible takeover by Sidara.
Read moreUS close: Wall Street ends higher despite Nvidia data centre miss, Fed turmoil
28th Aug 2025 21:54
(Sharecast News) - Major indices closed higher on Thursday, as investors weighed Nvidia's latest quarterly update and its implications for the broader artificial intelligence trade.
Read moreLondon close: Stocks weaker in wake of Nvidia results
28th Aug 2025 17:31
(Sharecast News) - London stocks ended lower on Thursday as investors reacted to underwhelming second-quarter earnings from US chipmaker Nvidia, while a raft of UK-listed companies traded ex-dividend.
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