News Archive

Premier Foods considering £200m bid for Crosta Mollica - report

19th Mar 2026 12:40

(Sharecast News) - Mr Kipling and Bisto owner Premier Foods is reportedly considering a £200m swoop on Crosta Mollica.

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Investec flags 'resilient' full-year performance

19th Mar 2026 12:31

(Sharecast News) - Investec said in an update on Thursday that it expected to deliver a "resilient" performance for the year to 31 March, supported by diversified revenue streams, higher client activity and continued balance sheet growth, despite the impact of lower interest rates.

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Alibaba posts modest revenue growth, fall in profits

19th Mar 2026 12:25

(Sharecast News) - Alibaba Group reported modest revenue growth but a sharp drop in profits for its December quarter on Thursday, as heavy investment in artificial intelligence and intensifying competition in its core e-commerce business weighed on earnings while underpinning its long-term strategy.

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Samsung to spend $73bn on facilities, R&D this year in AI chip race

19th Mar 2026 11:47

(Sharecast News) - Samsung on Thursday unveiled details of its so-called 'corporate value enhancement' strategy, which includes plans to spend over $73bn on facilities and R&D this year in an effort to grab the market leader position in AI chips.

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London midday: FTSE extends losses amid jump in oil, gas prices; BoE stands pat

19th Mar 2026 11:19

(Sharecast News) - London stocks were a sea of red by midday on Thursday as a jump in oil and gas prices fuelled concerns that rising inflation will weigh on global growth, as the Bank of England stood pat on interest rates.

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US pre-open: Futures fall as oil surges on escalating Middle East conflict

19th Mar 2026 10:59

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as oil prices surged following a "dangerous escalation" in the war in the Middle East.

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Robinson completes sale of Walton Works surplus property

19th Mar 2026 10:16

(Sharecast News) - Robinson said on Thursday that it has completed the sale of part of its Walton Works surplus property, generating proceeds that would be used to reduce bank debt as the packaging group continued to monetise non-core assets.

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Asia report: Stocks fall as oil rises, BoJ holds rates

19th Mar 2026 10:15

(Sharecast News) - Asia-Pacific markets fell sharply on Thursday, tracking losses on Wall Street as escalating tensions in the Iran war drove a surge in energy prices and reinforced inflation concerns, while investors also assessed a steady policy decision from the Bank of Japan.

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Eurozone construction output slips in January

19th Mar 2026 10:12

(Sharecast News) - Construction output across the eurozone slipped over the month of January, according to Eurostat figures released on Thursday, falling by its most in year-on-year terms in 15 months.

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Amaroq delisting from TSX-V to take effect

19th Mar 2026 10:05

(Sharecast News) - Amaroq said on Thursday that its voluntary delisting from the TSX Venture Exchange would take effect at the close of trading on 19 March, as the Greenland-focused mining company continued to consolidate trading in its shares across other markets.

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BoJ holds rates but warns of inflation hit due to Iran war

19th Mar 2026 09:29

(Sharecast News) - The Bank of Japan held interest rates on Thursday but warned that the US-Israel war on Iran would push up inflation.

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US initial jobless claims unexpectedly fall by 8,000

19th Mar 2026 09:25

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 14 March, according to the Labor Department, with initial jobless claims falling by 8,000 to 205,000 - below expectations of an increase of 2,000.

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Mkango updates feasibility studies for Songwe Hill, Poland plant

19th Mar 2026 09:21

(Sharecast News) - Mkango Resources reported updated feasibility study results for its Songwe Hill rare earths project in Malawi and a pre-feasibility study for a proposed separation plant in Poland on Thursday, highlighting strong project economics and positioning the group to benefit from growing demand for critical minerals.

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JPMorgan Global Growth posts positive returns, underperforms benchmark

19th Mar 2026 09:08

(Sharecast News) - JPMorgan Global Growth & Income reported positive absolute returns in the first half of its financial year on Thursday, although performance lagged its benchmark amid a momentum-driven equity market environment.

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Europe open: Shares slump as oil, gas prices surge on Iran gas field attack

19th Mar 2026 09:07

(Sharecast News) - European markets slumped at the open on Thursday on the back of yet another surge in oil and gas prices after Israel bombed Iran's biggest gas facility and Tehran responded with attacks on facilities in Qatar and Kuwait.

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