News Archive
Qinetiq to sell Federal IT Services business to V2X for $31m
12th Aug 2025 08:08
(Sharecast News) - Defence and security firm Qinetiq said on Tuesday that as part of its US restructuring programme, it has agreed to sell its non-core Federal IT Services business to V2X for $31.
Read moreGenuit reports higher first-half revenue, profit
12th Aug 2025 08:06
(Sharecast News) - Genuit Group reported higher revenue and profit for the first half of 2025 on Tuesday, maintaining its full-year outlook despite ongoing weakness in market confidence and flat volumes.
Read morePageGroup H1 profits tumble as activity in France and Germany deteriorates
12th Aug 2025 08:01
(Sharecast News) - Recruiter PageGroup posted a slump in first-half profit on Tuesday as activity in its two biggest markets, France and Germany, deteriorated.
Read moreDerwent London reports strong H1 leasing activity, rising rental values
12th Aug 2025 08:00
(Sharecast News) - Property investor and developer Derwent London said on Tuesday that it had seen strong leasing activity and rising rental values throughout H1.
Read moreEurope open: Shares jump on US-China tariff truce
12th Aug 2025 07:52
(Sharecast News) - European shares were higher at the open on Tuesday after the US and China extended their tariff truce by another three months and traders eyed US inflation data later in the day.
Read moreUK unemployment remains at four-year high, vacancies fall
12th Aug 2025 07:50
(Sharecast News) - The UK unemployment rate was steady at a four-year high in three months to June, while vacancies fell, according to figures released on Tuesday by the Office for National Statistics.
Read moreLondon pre-open: Stocks to gain as US and China extend trade truce deadline
12th Aug 2025 07:40
(Sharecast News) - London stocks were set to gain at the open on Tuesday after the US and China extended their trade truce deadline by another 90 days.
Read moreTT Electronics taps Lakin for permanent CEO spot
12th Aug 2025 07:33
(Sharecast News) - Electronic components manufacturer TT Electronics said on Tuesday that Eric Lakin, who has been acting chief executive officer since April, had been tapped to take over the job on a permanent basis, with immediate effect.
Read moreTuesday newspaper round-up: Santander mortgages, nuclear regulation, Mercedes
12th Aug 2025 07:24
(Sharecast News) - Donald Trump has flagged allowing Nvidia to sell chips in China that are more advanced than currently allowed, in another "deal" that would loosen export restrictions despite deep-seated fears in Washington that Beijing could harness US tech to harm national security. At a briefing on Monday, Trump was questioned over recent revelations that he had struck an unprecedented deal with Nvidia and AMD to grant them export licenses to sell previously banned chips to China, in return for the companies giving the US government 15% of the sales revenue. The US president defended the deal, which analysts have likened to a "shakedown" payment, or unconstitutional export taxes, before adding that he was expecting further negotiations over another, more advanced Nvidia chip. - Guardian
Read moreZoo Digital returns to positive full-year adjusted EBITDA
12th Aug 2025 07:19
(Sharecast News) - Media localisation specialist Zoo Digital reported higher revenue and a return to positive adjusted EBITDA for the year ended 31 March, it reported on Tuesday, as restructuring measures reduced costs and positioned the business for a return to operating profit and cash generation in the 2026 financial year.
Read moreRBA cuts rates as inflation slows but still cautious on outlook
12th Aug 2025 07:16
(Sharecast News) - The Reserve Bank of Australia on Tuesday cut its main cash rate by 25 basis points to 3.60% - its lowest level in two years - as inflation slowed and the jobs market slackened.
Read moreEntain reports better-than-expected H1 performance
12th Aug 2025 07:10
(Sharecast News) - Bookmaker Entain reported a better-than-expected H1 performance on Tuesday, with strong momentum across its UK, US, and Brazilian operations prompting an upgrade to FY guidance.
Read moreBellway completions rise 14% in fiscal 2025
12th Aug 2025 07:03
(Sharecast News) - UK housing company Bellway said it expected to build 9.600 homes in fiscal 2026 after total completions in the year to July 31 rose 14.3% to 8,749, slightly ahead of guidance.
Read moreGerman business sentiment deteriorates more than expected in August - ZEW
12th Aug 2025 06:56
(Sharecast News) - German business sentiment deteriorated more than expected in August amid disappointment over the US-EU trade deal, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Read moreUS close: Stocks lower as Trump pauses China tariffs for another 90 days
11th Aug 2025 21:47
(Sharecast News) - Major indices closed lower on Monday as market participants looked ahead to key inflation data due out later in the week.
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