Ashtead Technology Holdings, a leading provider of subsea equipment rentals, announced a significant increase in pretax profit and revenue for the first half of the year. The company attributes this growth to continued high demand in the offshore renewables and oil and gas sectors. Financial Performance Pretax profit surged to £13.2 million, a considerable improvement compared … [Read more...] about Ashtead Technology Holdings Sees Strong Growth in First Half
Forex News
Leo Lithium Shares Plummet as Mali Government Suspends Lithium Ore Export Operations
Leo Lithium, an Australia-listed mining company, experienced a sharp decline in its shares, dropping by 50% on Monday. The decline came after the announcement that the government of Mali has suspended the export operations of lithium ore from Leo Lithium's Goulamina mine. In response to this development, Leo Lithium has provided information to the government regarding its … [Read more...] about Leo Lithium Shares Plummet as Mali Government Suspends Lithium Ore Export Operations
Partners Group Reports 19% Increase in Revenue for First Half of 2021
Partners Group, a private equity firm, saw its shares soar on Tuesday following the release of its interim financial results. The company reported a strong 19% increase in revenue for the first half of the year, surpassing market expectations. Impressive Revenue Growth Partners Group's revenue reached 1.05 billion Swiss francs ($1.1 billion) for the period, up from CHF 881 … [Read more...] about Partners Group Reports 19% Increase in Revenue for First Half of 2021
Stock Futures Lower after Labor Day Holiday
Stock futures began the shortened week on a downward trend following the Labor Day holiday. The futures for the Dow Jones Industrial Average were down by 70 points or 0.2% after the index gained 115 points on Friday to finish at 34,837. Similarly, S&P 500 futures fell by 0.3%, while the tech-heavy Nasdaq saw a decline of 0.5%. Potential Market Movers on Tuesday Here are … [Read more...] about Stock Futures Lower after Labor Day Holiday
Gold Futures Tumble as Dollar Strengthens and Bond Yields Rise
Gold futures experienced a decline in early trading on Tuesday, as they felt the pressure from a stronger U.S. dollar and rising bond yields. This downward trend was in response to downbeat economic data from both China and Europe. Price Action Gold for December delivery (GC00, -0.59% GCZ23, -0.59%) fell by $11.20, or 0.6%, to reach $1,955.20 per ounce on Comex. December … [Read more...] about Gold Futures Tumble as Dollar Strengthens and Bond Yields Rise
