News Archive

London close: FTSE 100 rises for second day as defensives shine

17th Jul 2026 17:06

(Sharecast News) - London's blue chips rose for the second day on Friday, settling above the 10,600 mark for the first time in eight sessions, though gains were modest as sell-offs across global equity markets dampened sentiment.

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Europe close: Markets close lower as tech rout continues

17th Jul 2026 17:05

(Sharecast News) - European stocks closed mostly lower on Friday as a sharp technology sell-off across Asian markets and rising oil prices fuelled risk-off sentiment.

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Aston Martin says it's in ongoing talks with potential financing providers

17th Jul 2026 15:24

(Sharecast News) - Aston Martin Lagonda said on Friday that it regularly considers its capital structure and strategic options "including ongoing discussions with potential financing providers" following a report it is in talks to raise new funding.

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Thalia Therapeutics enters new phase of development

17th Jul 2026 15:20

(Sharecast News) - Thalia Therapeutics said on Friday that it was entering a new phase of development ahead of its annual general meeting, with the proposed acquisition of Sanmirna Therapeutics and an oversubscribed £2.75m fundraising expected to accelerate its transition into a clinical-stage RNA therapeutics company.

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Metir inks water system deal with Portsmouth Aviation

17th Jul 2026 15:18

(Sharecast News) - Metir announced Friday that it has signed a memorandum of understanding with Portsmouth Aviation to evaluate integrated water treatment and monitoring systems combining Portsmouth's PaquaVida purification platform with Metir's Modern Water Microtox biological monitoring technology.

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US consumer confidence hits five-month high as oil pressures recede

17th Jul 2026 15:08

(Sharecast News) - Consumer sentiment across the United States hit a five-month high in July, according to a closely watched survey released Friday by the University of Michigan, rising for the second straight month after dropping to a record low in May.

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FTSE 100 movers: Defensives on the rise; Burberry out of fashion

17th Jul 2026 14:37

(Sharecast News) - London's FTSE 100 was flat at 10,574.09 in afternoon trade on Friday.

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US open: Stocks slip as US-Iran tensions, global chip rout hit sentiment

17th Jul 2026 14:37

(Sharecast News) - Major indices traded lower early on Friday after the US carried out a sixth straight night of strikes on Iran, while a sell‑off in semiconductor names weighed the tech-heavy Nasdaq.

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US industrial production edges higher in June

17th Jul 2026 13:57

(Sharecast News) - US industrial production edged higher in June, with output also strengthening over the second quarter, according to the Federal Reserve.

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US import prices rise in June, export prices fall

17th Jul 2026 13:54

(Sharecast News) - US import prices rose again in June, while export prices posted their first monthly decline in more than a year, according to figures from the Bureau of Labor Statistics.

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US housing starts surge, but building permits slump

17th Jul 2026 13:36

(Sharecast News) - Housing starts in the United States surged by almost a fifth in June, according to data from the Census Bureau on Friday, though permits to start building declined more than expected.

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System1 reiterates rejection of Brave Bison's revised offer

17th Jul 2026 12:51

(Sharecast News) - System1 reiterated its unanimous rejection of Brave Bison's revised cash-and-share proposal on Friday, saying feedback from major shareholders supported the board's view that the offer materially undervalued the company.

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Broker tips: Rotork, Auto Trader

17th Jul 2026 12:46

(Sharecast News) - Deutsche Bank downgraded Rotork on Friday to 'hold' from 'buy' and lifted its price target to 503p from 400p after it agreed to be bought by Swiss engineering firm ABB in a £4.1bn deal.

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ConocoPhillips to buy 42% stake in BP Iraq oil fields

17th Jul 2026 12:40

(Sharecast News) - BP said on Friday that it has agreed terms for ConocoPhillips to buy a 42% interest in BP Energy Company of Kirkuk (BP ECKL).

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