News Archive
London open: Stocks gain amid tariff uncertainty; M&G surges
30th May 2025 08:04
(Sharecast News) - London stocks rose in early trade on Friday as investors mulled the latest twists and turns in the Trump tariff saga.
Read moreDrax lets proposed HEIT acquisition lapse
30th May 2025 08:02
(Sharecast News) - Drax Group's proposed acquisition of Harmony Energy Income Trust (HEIT) lapsed on Friday, after key conditions were not met by the agreed deadline.
Read moreHvivo client cancels 'significant' HCT trial contract
30th May 2025 08:02
(Sharecast News) - Contract research organisation Hvivo has received notification that "a significant human challenge trial" contract has been cancelled, alongside a postponement and the cancellation of a smaller study.
Read moreAlpha to continue takeover talks with Corpay
30th May 2025 07:52
(Sharecast News) - Alpha Group International has extended possible takeover discussions with Corpay just weeks after the fintech rebuffed an initial offer from the US business payments giant.
Read moreLondon pre-open: Stocks seen higher amid tariff uncertainty
30th May 2025 07:37
(Sharecast News) - London stocks were set to edge up at the open on Friday as investors mulled the latest twists and turns in the Trump tariff saga.
Read moreGerman retail sales fall unexpectedly in April
30th May 2025 07:32
(Sharecast News) - German retail sales fell by an unexpected 1.1% in April compared with the previous month, according to official data published on Friday.
Read moreFriday newspaper round-up: Andrew Bailey, The Telegraph, pensions, Michael O'Leary
30th May 2025 07:31
(Sharecast News) - The UK is on the brink of signing a £1.6bn trade agreement with Gulf states, amid warnings from rights groups that the deal makes no concrete provisions on human rights, modern slavery or the environment. The deal with the Gulf Cooperation Council - which includes the countries Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates - is within touching distance, making it a fourth trading agreement by Keir Starmer after pacts were struck with the US, India and the EU. - Guardian
Read moreSirius in asset deals worth €43m
30th May 2025 07:05
(Sharecast News) - Business park owner Sirius Real Estate said it had agreed a €43m of deals in Germany.
Read moreJapan's Dai-ichi Life to take 15% stake in M&G
30th May 2025 07:03
(Sharecast News) - Japan's Dai-ichi Life Holdings is to take a major stake in investment manager M&G, it was announced on Friday, after the two firms struck a long-term strategic partnership.
Read moreUS close: Stocks higher despite appeals court temporarily reinstating Trump's tariffs
29th May 2025 21:28
(Sharecast News) - Major indices traded higher on Thursday as market participants digested news that while a federal court struck down Donald Trump's so-called "reciprocal" tariffs, an appeals court later allowed them to be temporarily reinstated as it heard the White House's argument.
Read moreEurope close: Stocks end on mixed note
29th May 2025 16:56
(Sharecast News) - European shares finished on a mixed note on Thursday after a US court blocked President Donald trump's swingeing reciprocal tariffs while quarterly results from tech darling Nvidia boosted semiconductor makers.
Read moreBroker tips: Phoenix Group, Johnson Matthey
29th May 2025 16:25
(Sharecast News) - Bank of America Merrill Lynch downgraded Phoenix Group on Thursday to 'neutral' from 'buy', stating it now only sees 13% total return potential.
Read moreFriday preview: US PCE prices, inflation expectations in focus
29th May 2025 16:03
(Sharecast News) - The market spotlight at the end of the week will be on a couple of key inflation reports due out in the States.
Read moreUS economy contracted 0.2% in first quarter
29th May 2025 15:22
(Sharecast News) - The US economy shrank in the first three months of the year quarter of the year, according to revised official data that confirmed the first contraction since 2022.
Read moreDirector dealings: RS Group director raises stake
29th May 2025 15:08
(Sharecast News) - RS Group revealed on Thursday that non-executive director David Sleath had acquired 4,883 ordinary shares in the FTSE 250-listed industrial and electrical products distributor.
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