News Archive

Me Group delivers 'record' H1 profitability

2nd Jun 2025 07:05

(Sharecast News) - Instant-service equipment business Me Group told investors on Monday that it had delivered record profitability in the six months ended 30 April and said it was on track to deliver FY25 profits in line with expectations for another record year.

Read more

US close: Stocks mixed as Trump accuses China of violating trade agreement

2nd Jun 2025 05:51

(Sharecast News) - Major indices delivered a mixed performance on Friday after Donald Trump claimed that China had violated their preliminary trade agreement, reviving fears that the US may be on the brink of a protracted trade war.

Read more

Sunday newspaper round-up: Steel tariffs, IAG, NatWest

1st Jun 2025 14:22

(Sharecast News) - UK trade secretary Jonathan Reynolds will meet with his opposite number in the US during the coming week to negotiate a timeline for exempting the UK from America's steel and aluminium tariffs. Last Friday, Donald Trump said that they would be doubled from 25% to 50% starting from 4 June. Hopes on this side of the Pond are that the deal will be in place within weeks. - Guardian

Read more

Europe close: Indices mostly higher at month's end

31st May 2025 14:56

(Sharecast News) - European shares were mostly higher on Friday despite US President Donald Trump winning a reprieve against a court ruling blocking his tariff plan.

Read more

FTSE 100 movers: M&G, Beazley in the black

30th May 2025 14:30

(Sharecast News) - London's FTSE 100 was up 0.6% at 8,771.21 in afternoon trade on Friday.

Read more

FTSE 250 movers: Drax, Alpha Group in favour

30th May 2025 14:14

(Sharecast News) - FTSE 250 (MCX) 21,090.98 0.44%

Read more

US wholesale inventories flat in April

30th May 2025 14:12

(Sharecast News) - US wholesale inventories were flat month-on-month in April, according to the Census Bureau, coming in at $907.0bn after a downwardly revised 0.3% uptick in March, missing consensus estimates of 0.4% increase.

Read more

US goods trade deficit narrows sharply in April

30th May 2025 14:06

(Sharecast News) - The US trade deficit in goods narrowed sharply in April, according to the Census Bureau, dropping from a record high of $162.3bn in March to $87.6bn, marking the smallest monthly trade gap in 18 months.

Read more

Week ahead: US non-farm payrolls, ECB in the spotlight

30th May 2025 13:50

(Sharecast News) - The market spotlight over the coming week will be on the US non-farm payrolls report again, this time for the month of May.

Read more

US personal incomes jump, PCE inflation continues to ease

30th May 2025 13:47

(Sharecast News) - Personal incomes in the US grew strongly in April, even as spending slowed following a jump during the previous month.

Read more

German May CPI comes in slightly hotter than forecast

30th May 2025 13:37

(Sharecast News) - German inflation eased to 2.1% in May, slightly above forecasts, according to flash official figures from the federal statistics agency released on Friday.

Read more

US open: Stocks mixed after Trump accuses China of violating trade agreement

30th May 2025 13:34

(Sharecast News) - Wall Street trading got off to a mixed start on Friday after Donald Trump claimed that China had violated their preliminary trade agreement, reviving fears that the US may be on the brink of a protracted trade war.

Read more

Business confidence bounces back - survey

30th May 2025 12:25

(Sharecast News) - Business confidence has recovered to a nine-month high, a survey of UK companies showed on Friday, as global trade tensions eased and markets rebounded.

Read more

Petro Matad awaiting payment for Heron 1 production

30th May 2025 12:12

(Sharecast News) - Petro Matad confirmed in an update on Friday that invoices covering oil production from the Heron 1 well in Mongolia's Block XX, from October 2024 to April 2025, had been processed by PetroChina and were awaiting payment.

Read more

Tungsten West releases plan to restart mining at Hemerdon

30th May 2025 12:04

(Sharecast News) - Tungsten West released a development and economic plan for the restart of mining operations at its Hemerdon tungsten and tin project in Devon on Friday, ahead of a full feasibility study, which was currently underway.

Read more