News Archive
Kering shares slide as third-quarter Gucci sales fall
23rd Oct 2026 10:11
(Sharecast News) - Kering shares slid on Friday after it reported a fall in sales at luxury brand Gucci amid weak demand in Asia.
Read moreUK business activity growth picks up in October
23rd Oct 2026 09:54
(Sharecast News) - UK business activity growth picked up in October, according to a survey released on Friday.
Read moreUnite sells academy school at newly completed Hawthorne House development
23rd Oct 2026 09:02
(Sharecast News) - Student accommodation provider Unite Group said on Friday that it has exchanged contracts to sell the academy school at its newly completed Hawthorne House development in London for £40.7m, as part of its strategy to release value from non‑purpose built student accommodation assets.
Read moreEurowag tumbles as TA Associates sells entire stake in placing
23rd Oct 2026 08:49
(Sharecast News) - Eurowag tumbled on Friday after TA Associates sold its remaining stake in the payments processor in a placing.
Read moreLondon open: FTSE edges lower after US tech selloff; retail sales in focus
23rd Oct 2026 07:44
(Sharecast News) - London stocks edged lower in early trade on Friday following a tech selloff on Wall Street, as investors mulled a bigger-than-expected drop in UK retail sales and a plunge in consumer confidence.
Read moreUK retail sales fall more than expected in September
23rd Oct 2026 07:42
(Sharecast News) - UK retail sales fell more than expected in September, according to figures released on Friday by the Office for National Statistics.
Read moreLondon pre-open: Stocks to nudge up; retail sales fall more than expected
23rd Oct 2026 07:33
(Sharecast News) - London stocks were set to nudge ahead at the open on Friday despite a tech selloff on Wall Street, as investors mulled the latest UK retail sales data and consumer confidence reading.
Read moreEurope open: Shares fall as investor fears over AI spark tech sell-off
23rd Oct 2026 07:24
(Sharecast News) - European shares were lower at the open on Friday amid another sell-off in tech stocks as investor fears heightened over the reality of financial returns from artificial intelligence.
Read moreFriday newspaper round-up: Elon Musk/Skydance, North Sea wealth fund, retiring entrepreneurs
23rd Oct 2026 07:20
(Sharecast News) - Elon Musk has reportedly invested approximately $1bn in Skydance, the new media empire led by David Ellison. The deal comes alongside fresh equity infusions from existing investors, including board member Laurene Powell Jobs, Steve Jobs's widow. Semafor first reported the news. The investment follows Paramount's recent $111bn merger with Warner Bros Discovery, a huge acquisition that brought the media companies together under the Skydance name. At the head of the new media empire is David Ellison, the son of billionaire Oracle co-founder and Donald Trump ally Larry Ellison. - Guardian
Read moreRio Tinto to invest $1.9bn in Queensland bauxite expansion
23rd Oct 2026 07:19
(Sharecast News) - Rio Tinto will invest $1.9bn in the Kangwinan bauxite project in Queensland, Australia, adding 20m tonnes of annual production capacity as it looks to maintain its position as a leading global bauxite producer and replace ageing facilities.
Read moreUS open: Stocks mixed as AI spending fears hit tech, oil surge weighs on sentiment
22nd Oct 2026 23:18
(Sharecast News) - Major indices closed mostly lower on Thursday as renewed concerns over heavy AI spending weighed on sentiment and oil prices jumped amid rising geopolitical tensions.
Read moreEurope close: Banks, chip stocks pull markets lower
22nd Oct 2026 17:16
(Sharecast News) - European stocks fell sharply on Thursday as weakness in the banking and chip sectors provided a big drag on regional indices.
Read moreShares in Hermes slide as Q3 numbers underwhelm
22nd Oct 2026 15:32
(Sharecast News) - Shares in Birkin-maker Hermes International lost their sheen on Thursday, after challenging conditions in China weighed on quarterly sales growth.
Read moreDirector dealings: IQE director snaps up shares
22nd Oct 2026 14:42
(Sharecast News) - IQE revealed on Thursday that non-executive director Robert Dennehy had acquired 468,817 ordinary shares in the AIM-listed semiconductor wafers and materials solutions supplier.
Read moreQ3 sales beat forecasts at Nestle
22nd Oct 2026 14:41
(Sharecast News) - Sales at KitKat maker Nestle came in ahead of expectations on Thursday, as the Swiss food and drink giant's turnaround gathered pace.
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