Press round-up from ShareCast
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Friday newspaper round-up: Paramount Global, Apple, Coutts
Fri 03 May 2024 07:25
(Sharecast News) - Paramount Global's share price soared on Thursday following a report that Sony Pictures and Apollo Global Management had made a $26bn offer for the troubled media giant. According to the Wall Street Journal, the offer was made on Wednes
Thursday newspaper round-up: Online gamblers, PwC, London taxi drivers
Thu 02 May 2024 07:20
(Sharecast News) - Online gamblers who lose £500 or more a month are to face extra checks from August, the regulator has confirmed, as part of a large package of measures aimed at protecting the most vulnerable customers. The extra checks come in from 30
Wednesday newspaper round-up: Amazon, dividends, Weardale Lithium
Wed 01 May 2024 07:18
(Sharecast News) - Amazon profits soared once again in the first quarter of 2024, the company announced on Tuesday - the latest in a series of robust earnings reports for the retail giant. The company attributed the boost to artificial intelligence and ad
Tuesday newspaper round-up: Meta, ExxonMobil, Very Group
Tue 30 April 2024 07:23
(Sharecast News) - The Federal Communications Commission on Monday fined the largest US wireless carriers nearly $200m for illegally sharing access to customers' location information. The FCC is finalizing fines first proposed in February 2020, including
Monday newspaper round-up: Thames Water, Brexit, Babylon
Mon 29 April 2024 07:21
(Sharecast News) - Senior Whitehall officials fear Thames Water's financial collapse could trigger a rise in government borrowing costs not seen since the chaos of the Liz Truss mini-budget, the Guardian can reveal. Such is their concern about the impact
Sunday newspaper round-up: Royal Mail, Shein, Canary Wharf
Sun 28 April 2024 13:20
(Sharecast News) - The heads of the Communication Workers Union have acquiesced to Royal Mail's demand to end six-day-a-week letter deliveries, paving the way for historic cuts to postal services. Royal Mail wants to amend its universal service obligation
Friday newspaper round-up: Microsoft, mortgage rates, Boeing, Alphabet, Trump
Fri 26 April 2024 07:16
(Sharecast News) - Microsoft beat Wall Street estimates for its third-quarter revenue last night, driven by gains from artificial intelligence adoption across its cloud services and business software products. The company said its revenues had risen to $6
Thursday newspaper round-up: Matchesfashion, Burberry, Boeing
Thu 25 April 2024 06:44
(Sharecast News) - The UK competition watchdog has stepped up its scrutiny of big tech involvement in artificial intelligence startups, asking for comment on three deals by Microsoft and Amazon. The Competition and Markets Authority (CMA) announced that i
Wednesday newspaper round-up: UK banks, Tesla, KPMG
Wed 24 April 2024 06:48
(Sharecast News) - UK banks are leaving themselves open to "severe, unexpected losses", by failing to properly measure how exposed they are to the $8tn private equity industry, the Bank of England has warned. In a speech on Tuesday, Rebecca Jackson, a sen
Tuesday newspaper round-up: P&O Ferries, TikTok, CVC
Tue 23 April 2024 06:43
(Sharecast News) - P&O Ferries seafarers have been told they will benefit from new French legislation that could double their pay, in what appears to be a significant U-turn by the controversial ferry operator. The move comes more than two years after P&O