News Archive

Europe open: Shares up slightly ahead of expected ECB rate cut

5th Jun 2025 08:40

(Sharecast News) - European shares edged ahead at the open as investors waited for a widely expected interest rate cut by the European Central Bank.

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London open: Stocks nudge up; ECB expected to cut rates

5th Jun 2025 08:38

(Sharecast News) - London stocks nudged just a touch higher in early trade on Thursday as investors eyed an expected rate cut by the European Central Bank.

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Fevertree trades in line, makes 'good progress' in the US

5th Jun 2025 08:38

(Sharecast News) - Carbonated mixers business Fevertree said on Thursday that it was currently trading in line with expectations, with "good progress" being made in the US following the announcement of its strategic partnership with Molson Coors.

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Workspace Group hikes rents as occupancy falls

5th Jun 2025 08:33

(Sharecast News) - Office owner and operator Workspace Group met expectations with its full-year results, with a small increase in income as higher rents made up for falling occupancy levels.

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Mitie to buy Marlowe in £366m deal

5th Jun 2025 08:31

(Sharecast News) - Outsourcer Mitie said on Thursday that it has agreed to buy AIM-listed Marlowe in a £366m deal.

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London pre-open: Stocks to edge down ahead of expected ECB rate cut

5th Jun 2025 08:28

(Sharecast News) - London stocks were set to edge lower at the open on Thursday following a positive close a day earlier, as investors eyed an expected rate cut by the European Central Bank.

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German factory orders unexpectedly rise in April

5th Jun 2025 07:29

(Sharecast News) - German factory orders rose 0.6% month-on-month in April, according to the Federal Statistical Office, defying expectations of a 1.0% drop following March's downwardly revised 3.6% gain.

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Thursday newspaper round-up: Shein, HMRC, Tesla

5th Jun 2025 07:25

(Sharecast News) - Consumer watchdogs from 21 countries have filed a formal complaint to EU authorities about alleged "dark" practices by the Chinese fast fashion firm Shein including the "shaming" of customers into buying more than they can afford. The European Consumer Organisation (BEUC) has submitted a 29-page dossier to the European Commission citing multiple examples of "dark patterns", or deceptive techniques designed to encourage purchases. - Guardian

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Alphawave still in takeover talks with Qualcomm, extends PUSU deadline for fifth time

5th Jun 2025 07:21

(Sharecast News) - Alphawave IP has extended its takeover deadline for Qualcomm for the fifth time in as many weeks, giving the American chip giant another four days to decide whether or not to pursue an acquisition.

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Wise shares surge on plans to shift to US listing as FY profits jump

5th Jun 2025 07:12

(Sharecast News) - Fintech giant Wise has announced its intention to shift its primary listing from the UK to US, saying the move would help accelerate growth and bring "substantial" strategic benefits to the business and its shareholders.

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Unite disposes of nine properties, exits Aberdeen market

5th Jun 2025 07:04

(Sharecast News) - Student accommodation provider Unite Group exchanged contracts for the disposal of a portfolio of nine properties on Thursday to an affiliate of Lone Star Funds.

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Dr Martens sees 2026 in line as discounting to be reduced

5th Jun 2025 07:03

(Sharecast News) - Shares in UK footwear company Dr Martens surged by more than 20% on Thursday as the firm said it expected 2026 earnings to be in line with guidance and would cut discounts in the Americas and EMEA regions under a turnaround plan led by new boss Ije Nwokorie.

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US close: Macro fears spark rate-cut hopes, but stocks finish mixed

4th Jun 2025 22:30

(Sharecast News) - US stock markets finished mixed on Wednesday as investors digested a flurry of disappointing economic data, ongoing trade uncertainty and concerns about the fiscal outlook.

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London close: Stocks higher on service data, tariff reprieve

4th Jun 2025 18:04

(Sharecast News) - London equities closed modestly higher on Wednesday, supported by a rebound in the UK services sector and relief that the country avoided increased US tariffs on steel and aluminium.

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FTSE 100 movers: Brokers boost Babcock, Antofagasta

4th Jun 2025 17:49

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,817.09 in afternoon trade on Wednesday.

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