News Archive
Europe close: Markets rise, oil prices plunge on news Hormuz is 'open'
17th Apr 2026 16:45
(Sharecast News) - European equities closed sharply higher on Friday as easing geopolitical tensions in the Middle East lifted investor sentiment, with markets buoyed by a ceasefire between Israel and Lebanon and prospects for renewed US-Iran negotiations.
Read moreMetals One associate firm moves closer to buying Barbrook assets
17th Apr 2026 16:42
(Sharecast News) - Metals One said on Friday that the creditors of Barbrook Mines had approved a business rescue plan that paved the way for its associate company Lions Bay Resources to acquire key gold assets in South Africa, although completion remained subject to multiple conditions and potential legal challenges.
Read moreLondon close: Stocks jump on opening of Strait of Hormuz as oil prices slide
17th Apr 2026 16:19
(Sharecast News) - A plunge in the price of oil pushed UK stocks firmly higher in afternoon trade on Friday, with the FTSE 100 hitting its highest level since early March after Tehran said the Strait of Hormuz was now "completely open" to commercial ships.
Read moreHuw Pull against BoE's 'wait and see' approach to inflation risks
17th Apr 2026 15:55
(Sharecast News) - The chief economist at the Bank of England has suggested that interest rates may have to rise to battle rising inflationary pressures caused by elevated oil prices.
Read moreUS could release $20bn in frozen funds if Iran gives up uranium stockpile - report
17th Apr 2026 15:55
(Sharecast News) - The US is reportedly considering the release of $20bn in frozen Iranian funds in return for Iran giving up its stockpile of enriched uranium as part of negotiations over a three-page plan to end the war.
Read moreCAB Payments shares drop as Helios won't support StoneX bid
17th Apr 2026 15:07
(Sharecast News) - Shares in CAB Payments dropped on Friday after major shareholder Helios Investment Partners said it would not support a takeover offer from rival bidder StoneX despite the recommendation from the board of British payment processing and foreign exchange business.
Read moreFTSE 100 movers: Oil majors tumble in tandem with oil prices; Rolls-Royce, IAG gain
17th Apr 2026 15:02
(Sharecast News) - London's FTSE 100 was up 0.6% at 10,650.97 in afternoon trade on Friday.
Read moreFTSE 250 movers: Hormuz reopening sees cyclicals surge, slump
17th Apr 2026 14:53
(Sharecast News) - FTSE 250 (MCX) 23,186.41 1.79%
Read moreQuantum Helium raises £5m to strengthen balance sheet
17th Apr 2026 14:44
(Sharecast News) - Quantum Helium said on Friday that it has raised £5m through an institutional placing, strengthening its balance sheet as it advances development across its US helium projects.
Read moreQuantum Helium raises £5m to strengthen balance sheet
17th Apr 2026 14:44
(Sharecast News) - Quantum Helium said on Friday that it has raised £5m through an institutional placing, strengthening its balance sheet as it advances development across its US helium projects.
Read moreBroker tips: EasyJet, Dunelm, Intertek
17th Apr 2026 14:35
(Sharecast News) - Analysts at RBC Capital Markets lowered their target price on budget carrier EasyJet from 440p to 415p on Friday as a result of lower expected revenues and a further 6% increase in fuel costs.
Read moreOil prices tumble as Iran says Strait of Hormuz 'completely open'
17th Apr 2026 14:34
(Sharecast News) - Oil prices tumbled on Friday after Iran said the Strait of Hormuz is now "completely open" to commercial ships.
Read moreUS open: Stocks surge after Tehran declares Hormuz 'completely open'
17th Apr 2026 14:07
(Sharecast News) - Major indices were in the green early on Friday after Tehran said the Strait of Hormuz was "completely open" following a ceasefire announcement between Israel and Lebanon.
Read moreFirstRand lining up advisers for sale of Aldermore - report
17th Apr 2026 13:26
(Sharecast News) - South Africa's FirstRand is reportedly lining up advisers to oversee a sale of challenger bank Aldermore after expressing outrage at the terms of a compensation scheme for car finance mis-selling.
Read moreFord to recall 1.4m F-Series pickups over gearbox issue
17th Apr 2026 13:08
(Sharecast News) - US auto giant Ford is to recall nearly 1.4m of its F-Series pickups, according to a ruling by the National Highway Traffic Safety Administration, over a gearbox issue that has led to vehicles unintentionally downshifting.
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