News Archive
London close: Stocks sink, oil jumps as Iran suspends peace deal talks
1st Jun 2026 16:27
(Sharecast News) - A breakdown in talks between the US and Iran poured cold water on stocks on Monday afternoon, with blue chips in London sinking firmly into the red by the close of play as oil prices surged.
Read moreUber announces robotaxi launch in Munich
1st Jun 2026 15:45
(Sharecast News) - Ride-hailing group Uber has announced it is launching a robotaxi programme in Munich, partnering with Israeli AI firm Autobrains to scale a fully autonomous fleet of taxis across the city.
Read moreTuesday preview: British American Tobacco, Palo Alto in focus
1st Jun 2026 15:37
(Sharecast News) - Tuesday sees the release of a first-half pre-close trading update from British American Tobacco, half-year results from Paragon Banking and full-year results from GB Group.
Read moreUS construction spending up 0.4pc in April
1st Jun 2026 15:28
(Sharecast News) - US construction spending increased by 0.4% month-on-month to $2.17trn in April, according to the Census Bureau, ahead of March's $2.16trn figure and April 2025's $2.15trn print.
Read moreEurope close: Stocks fall after fresh Middle East escalations
1st Jun 2026 15:15
(Sharecast News) - European shares closed lower on Monday after the US struck targets in Iran over the weekend and Kuwait came under attack, raising concerns over a fresh escalation in the Middle East.
Read moreUS manufacturing PMIs strengthen in May
1st Jun 2026 15:13
(Sharecast News) - US factory activity strengthened in May, according to two separate surveys on Monday, with both the Institute for Supply Management and S&P Global manufacturing PMIs pointing to the sector's fastest expansion in nearly two years.
Read moreOil prices extend gains as Iran said to suspend peace talks with US
1st Jun 2026 15:00
(Sharecast News) - Oil prices rose further in afternoon trade on Monday following a report that Iran has suspended peace talks with the US until Israel ends its operations in Lebanon.
Read moreFTSE 250 movers: easyJet, Bluefield up on bid talk; Pan African slumps on outlook
1st Jun 2026 14:52
(Sharecast News) - FTSE 250 (MCX) 23,378.13 -0.20%
Read morePeople Inc. said to be preparing $18bn bid for MGM Resorts, shares surge
1st Jun 2026 14:30
(Sharecast News) - Shares of MGM Resorts surged on Monday after Barry Diller's People Inc. said it has submitted a non-binding proposal to buy the casino giant for $48.30 per share in cash.
Read moreTiton acquires G-Pack Manufacturing for £1m
1st Jun 2026 14:25
(Sharecast News) - Titon Holdings said on Monday that it had acquired G-Pack Manufacturing, a designer and seller of injection moulded components for the UK window and door hardware sector, for £1m.
Read moreLPA Group returns to profit in first half
1st Jun 2026 14:22
(Sharecast News) - LPA Group reported a return to profit in its first half on Monday as revenue rose sharply, with the engineering group saying it expected full-year results to be in line with market expectations.
Read moreBroker tips: Easyjet, Hollywood Bowl, Whitbread, Cerillion, AJ Bell
1st Jun 2026 14:20
(Sharecast News) - JPMorgan said in a research note on Monday that Castlelake was "credible" after the US investment firm confirmed it was in the early stages of considering a takeover offer for Easyjet, but that no approach had been made.
Read moreSafestay agrees £5.1m sale of Glasgow Charing Cross hostel
1st Jun 2026 14:18
(Sharecast News) - Safestay said on Monday that it had exchanged conditional contracts to sell its Safestay Glasgow Charing Cross freehold property and hostel to an independent third-party investor for £5.1m in cash.
Read moreGreat Western completes initial exploration on Defender-Pine Crow corridor
1st Jun 2026 14:15
(Sharecast News) - Great Western Mining said on Monday that it had completed initial exploration work across the three-kilometre corridor between its Defender-Pine Crow tungsten project and existing M2 copper resource in Mineral County, Nevada, ahead of a planned drilling campaign in July.
Read moreCheckit appoints joint adviser as it explores sale options
1st Jun 2026 14:12
(Sharecast News) - Checkit said on Monday that it had appointed EC M&A as joint financial adviser as it continues its formal sale process.
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