News Archive

Journeo secures £3.5m variation to deal with First Bus UK

1st Sep 2025 10:54

(Sharecast News) - Journeo said on Monday that it has secured a £3.5m variation to its existing framework agreement with First Bus UK, expanding its technology and engineering services to cover the operator's recently acquired London bus fleet.

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Supreme buys 1001 carpet care brand from WD-40

1st Sep 2025 10:48

(Sharecast News) - Supreme announced the acquisition of the trade and intellectual property of the 1001 carpet care brand from the WD-40 Company for £1.65m on Monday, including £0.35m of deferred consideration, as it looked to expand its portfolio of household consumer goods.

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McLaren valued at over £3bn as majority owners eye full control

1st Sep 2025 10:46

(Sharecast News) - McLaren Racing's majority shareholders are set to purchase the remaining 30% stake they don't already own in a deal that values the Formula One team at over £3bn, according to Sky News.

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CMA launches initial probe into Greencore's acquisition of Bakkavor

1st Sep 2025 10:37

(Sharecast News) - The UK's competition watchdog said on Monday that it was launching an investigation into convenience food manufacturer Greencore's £1.2bn acquisition of rival Bakkavor.

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Europe midday: Stocks rise, but upside limited amid data barrage

1st Sep 2025 10:19

(Sharecast News) - European stocks were rangebound on Monday morning, with markets quiet in the absence of Wall Street trading, as investors digested a flurry of economic data.

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Royal Mail parent IDS swings to profit under new ownership

1st Sep 2025 10:08

(Sharecast News) - Royal Mail parent company International Distribution Services posted a profit in its first results since Czech billionaire Daniel Křetínský's EP Group acquired a controlling stake in the firm, marking a sharp turnaround from last year's losses.

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UK mortgage approvals edge up in July - BoE

1st Sep 2025 10:06

(Sharecast News) - UK mortgage approvals edged higher in July, according to data released on Monday by the Bank of England.

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UK manufacturing downturn continues in August

1st Sep 2025 09:55

(Sharecast News) - The downturn in the UK manufacturing sector continued in August, according to a survey released on Monday.

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MTI Wireless Edge subsidiary secures $1.1m order from existing customer

1st Sep 2025 09:53

(Sharecast News) - Communication and radio frequency solutions firm MTI Wireless Edge said on Monday that its PSK Wind Technologies subsidiary had secured a new order from an existing customer.

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BYD shares down on fall in quarterly profit

1st Sep 2025 09:28

(Sharecast News) - BYD shares fell sharply on Monday after the Chinese electric vehicle maker reported its first quarterly profit decline in more than three years, underscoring the impact of an industry-wide price war and regulatory scrutiny on China's car sector.

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China manufacturing PMI unexpectedly improves in August

1st Sep 2025 09:21

(Sharecast News) - Activity in China's manufacturing sector unexpectedly improved in August, according to a survey released on Monday.

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China manufacturing PMI unexpectedly improves in August

1st Sep 2025 09:21

(Sharecast News) - Activity in China's manufacturing sector unexpectedly improved in August, according to a survey released on Monday.

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Berenberg raises target price on Boku

1st Sep 2025 09:19

(Sharecast News) - Analysts at Berenberg raised their target price on mobile payments company Boku from 280p to 300p on Monday as it said the firm was a "high-quality and differentiated offering" in the "increasingly commoditised" payment-processing industry.

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Team Internet reports loss amid transformation programme

1st Sep 2025 09:05

(Sharecast News) - Team Internet reported a first-half loss on Monday, as it pushed ahead with a major transformation programme, but said its core businesses were gaining resilience and laying the groundwork for a recovery in the second half of 2025.

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Asia report: Markets waver on mixed China manufacturing data

1st Sep 2025 09:03

(Sharecast News) - Asia-Pacific markets ended mixed on Monday as investors weighed fresh Chinese manufacturing data and regional political developments.

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