Facebook starts taking food orders, hitting Just Eat
Fri 13 October 2017 14:14
(ShareCast News) - Facebook users can now order takeaway food directly from the social media app, adding a big name into an increasingly crowded market for the likes of Just Eat, UberEats and Deliveroo.
Kobe Steel admits fabrication scandal now affects 500 clients
Fri 13 October 2017 13:51
(ShareCast News) - Embattled Japanese steel manufacturer Kobe Steel has admitted its fabrication scandal now affects 500 clients as opposed to the 200 figure divulged on Tuesday, prompting fears about its future if legal claims mounted.
Bank of America posts mixed Q3 results as Global Markets drag
Fri 13 October 2017 13:04
(ShareCast News) - Bank of America posted weaker than expected top line growth for the third quarter due to a sharp fall in sales and trading revenues at its Global Markets arm.
Uber to begin London operations appeal process
Fri 13 October 2017 11:01
(ShareCast News) - Ride-hailing service Uber has started an appeal process against the London authorities' decision to discontinue the car service's operations in London.
Treasury select committee demands FCA reveal findings of RBS-GRG report
Fri 13 October 2017 09:52
(ShareCast News) - Nicky Morgan, chairperson of the Treasury select committee warned the Financial Conduct Authority (FCA) that it would invoke rarely-used powers to compel the regulator into disclosing the details of its report on the Royal Bank of Scotl
Samsung Electronics chief resigns amid 'unprecedented crisis'
Fri 13 October 2017 09:32
(ShareCast News) - Kwon Oh-hyun, one of the chief executives of Samsung Electronics, has resigned due to an "unprecedented crisis", on the same day the technology giant flagged record quarterly profits.
Ryanair to take Lufthansa-Air Berlin deal to EU court
Fri 13 October 2017 08:25
(ShareCast News) - Irish budget airline Ryanair is planning to challenge Lufthansa's deal to buy part of another German carrier, Air Berlin.
Emerging markets performance pushes Ashmore higher in first quarter
Fri 13 October 2017 07:44
(ShareCast News) - Ashmore Group updated the market on its assets under management for the first quarter on Friday, confirming the figure increased $6.3bn during the period, including positive investment performance of $2.3bn and net inflows of $4.3bn.
Man Group reports another quarter of solid FUM growth
Fri 13 October 2017 07:20
(ShareCast News) - Man Group reported solid growth in its funds under management on Friday, with the total standing at $103.5bn as at 30 September compared to $95.9bn on 30 June, and the board claiming rises of 28% in the year to date.
Aviva to sell out of Taiwan joint venture
Fri 13 October 2017 07:18
(ShareCast News) - Aviva has agreed to sell its entire 49% shareholding in its joint venture in Taiwan, First Aviva Life, to its joint venture partner First Financial Holding Company, it announced on Friday.