News Archive
US close: S&P 500, Nasdaq hit new records after jobs report
8th May 2026 22:59
(Sharecast News) - Stronger-than-expected jobs data and strong gains in the chip sector pushed the S&P 500 and Nasdaq to more record highs on Friday, with investors seemingly shrugging off ongoing uncertainty in the Middle East.
Read moreLondon close: Blue chips fall for second day as oil prices rise
8th May 2026 16:09
(Sharecast News) - Stocks in London fell again on Friday as oil prices rose for the first time in four days after the US and Iran exchanged fire in the vital Strait of Hormuz.
Read moreEurope close: Stocks lower as investors watch US-Iran ceasefire
8th May 2026 16:03
(Sharecast News) - European shares closed lower on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising concerns that the fragile ceasefire between the two countries may not hold.
Read moreEmpyrean partner signs subsea contract for Mako gas field development
8th May 2026 15:51
(Sharecast News) - Empyrean Energy said on Friday that the operator of the Duyung production sharing contract had signed a binding contract for subsea engineering, procurement, construction and installation work to support development of the Mako gas field in Indonesia.
Read moreEmpyrean partner signs subsea contract for Mako gas field development
8th May 2026 15:51
(Sharecast News) - Empyrean Energy said on Friday that the operator of the Duyung production sharing contract had signed a binding contract for subsea engineering, procurement, construction and installation work to support development of the Mako gas field in Indonesia.
Read moreTrellus Health shares suspended as it seeks long-term funding
8th May 2026 15:49
(Sharecast News) - Trellus Health said on Friday that its shares had been suspended from trading on AIM as it continued to seek long-term funding and evaluate options including the potential sale of its US subsidiary.
Read moreArrow upbeat as Tapir appraisal well enters production
8th May 2026 15:46
(Sharecast News) - Arrow Exploration said on Friday that its Mateguafa HZ12 appraisal well on the Tapir Block in Colombia had been successfully drilled and brought on production, while its first Icaco exploration well had now been spudded.
Read moreURU Metals startss electromagnetic survey at Zeb Nickel Project
8th May 2026 15:43
(Sharecast News) - URU Metals said on Friday that it had started a ground-based frequency-domain electromagnetic survey at its Zeb Nickel Project in South Africa, as part of its continuing geophysical programme to refine and prioritise drill targets.
Read morePorsche to cut more than 500 jobs, close three divisions
8th May 2026 15:32
(Sharecast News) - Luxury sports car maker Porsche has announced more than 500 job cuts and the discontinuation of three divisions as part of its sharpened focus on core businesses.
Read moreFTSE 250 movers: Zigup jumps, Workspace slips
8th May 2026 15:06
(Sharecast News) - FTSE 250 (MCX) 22,879.63 -0.01%
Read moreMichigan consumer sentiment index drops to record low in early May
8th May 2026 15:06
(Sharecast News) - US consumer sentiment dropped to a record low of 48.2 in early May, according to preliminary figures from the University of Michigan, down from April's 49.8 print and falling short of expectations of 49.5.
Read moreJPMorgan says BT entering next phase of re-rating, altnet threat receding
8th May 2026 14:37
(Sharecast News) - BT Group was the standout gainer on the FTSE 100 on Friday on the back bullish notes by JPMorgan and Goldman Sachs.
Read moreE.ON, Ovo to announce merger agreement next week - report
8th May 2026 14:18
(Sharecast News) - Household energy suppliers E.ON and Ovo are reportedly targeting a merger announcement next week.
Read moreFTSE 100 movers: Intertek slides on bid rejection; BT boosted by broker notes
8th May 2026 14:11
(Sharecast News) - London's FTSE 100 was down 0.2% at 10,254.09 in afternoon trade on Friday.
Read moreUS open: Stocks higher as April jobs surprise offsets geopolitical concerns
8th May 2026 13:30
(Sharecast News) - Major indices were in the green early on Friday as market participants monitored developments in the US and Israel's conflict with Iran and digested April's stronger-than-expected non‑farm payrolls report.
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