Archive

BT mulls launch of low-cost mobile service - report

Tue 28 October 2025 14:24

(Sharecast News) - BT is reportedly mulling the launch of new a low-cost mobile brand, as it looks to compete with new rivals in the market including the fintech companies Revolut and Monzo.

Microsoft agrees sweeping restructure of OpenAI partnership

Tue 28 October 2025 14:21

(Sharecast News) - Microsoft and OpenAI announced the signing of a sweeping new agreement marking the next phase of their six-year partnership on Tuesday, as the ChatGPT developer completes a long-anticipated restructuring into a public benefit corporatio

PayPal surges on guidance upgrade, OpenAI deal

Tue 28 October 2025 13:10

(Sharecast News) - PayPal surged on Tuesday as it upgraded full-year guidance and announced a payments wallet deal with OpenAI's ChatGPT.

UPS tops Q3 profit forecasts, guides above consensus for holiday quarter

Tue 28 October 2025 11:53

(Sharecast News) - United Parcel Service beat Wall Street expectations for third-quarter earnings and revenue on Tuesday, and guided above consensus for the fourth quarter as it looked to offset softer B2B demand with price increases.

C&C Group profits improve despite lower revenue

Tue 28 October 2025 10:39

(Sharecast News) - C&C Group reported higher first-half profit and margins on Tuesday, as strong cash generation and tight cost control helped offset lower revenues caused by the transfer of Budweiser Brewing Group distribution in Ireland and softer marke

Pimco reportedly offloads majority of Thames Water debt

Tue 28 October 2025 10:20

(Sharecast News) - Bond fund manager Pimco has reportedly offloaded hundreds of millions of pounds of Thames Water debt as the beleaguered utility tries to avert temporary nationalisation by securing a private sector rescue deal.

Wednesday preview: Fed rate cut, US tech earnings eyed

Tue 28 October 2025 09:22

(Sharecast News) - All eyes will be on the latest policy announcement from the US Federal Reserve on Wednesday, as well as a raft of earnings from US tech giants.

Barclays to buy US personal loan platform Best Egg for $800m

Tue 28 October 2025 09:19

(Sharecast News) - Barclays said on Tuesday that it has agreed to buy US direct-to-consumer personal loan origination platform Best Egg for $800m.

Ultimate Products profits fall as air fryer sales slump

Tue 28 October 2025 08:49

(Sharecast News) - Ultimate Products reported a decline in annual profit on Tuesday, as softer consumer demand and elevated shipping costs weighed on margins, though the owner of Salter and Beldray said trading remained in line with expectations and reaff

Auction Technology sees FY performance in line with market views

Tue 28 October 2025 07:47

(Sharecast News) - Auction Technology Group said on Tuesday that its full-year revenue and adjusted EBITDA performance was set to be in line with recently-revised market expectations of $186.3m and $75.8m, respectively.