News Archive
Europe close: Stocks slide amid oil price rally
12th Mar 2026 16:32
(Sharecast News) - European stocks fell on Thursday as surging oil prices and escalating tensions in the Middle East fuelled fresh inflation concerns and weighed on investor sentiment, with analysts warning that markets remain under pressure as the conflict intensifies.
Read moreLondon close: Banks, travel stocks drag markets lower on macro fears
12th Mar 2026 15:45
(Sharecast News) - London's blue chips finished the day lower again on Thursday as another surge in the price of crude hammered risk appetite, dampening prospects for the global economy, as ongoing disruptions to oil trade worsened the outlook for inflation.
Read moreBroker tips: Rentokil Initial, Breedon, Bodycote
12th Mar 2026 15:02
(Sharecast News) - UBS upgraded Rentokil Initial to 'buy' from 'neutral' on Thursday and lifted its price target on the stock to 540p from 430p.
Read moreIran's new supreme leader vows to keep Strait of Hormuz blocked
12th Mar 2026 13:50
(Sharecast News) - Iran's new supreme leader Mojtaba Khamenei said on Thursday that the Strait of Hormuz should stay closed as a way to keep up pressure on the West.
Read moreUS building permits fall in January, housing starts climb
12th Mar 2026 13:46
(Sharecast News) - US construction data was mixed in January, with building permits falling even as housing starts picked up.
Read moreUS open: Stocks sink as oil surges, Middle East tensions escalate
12th Mar 2026 13:44
(Sharecast News) - Major indices were firmly in the red early on Thursday as oil prices continued to trend upward despite the International Energy Agency's move to release 400m barrels of oil amid supply disruption stemming from the US and Israel's ongoing conflict with Iran.
Read moreDirector dealings: Supermarket Income REIT's Sapna Shah raises stake
12th Mar 2026 13:37
(Sharecast News) - Supermarket Income REIT revealed on Thursday that non-executive director Sapna Shah had acquired 17,900 ordinary shares in the FTSE 250-listed real estate investment trust.
Read moreTrading momentum continues into first half for AB Dynamics
12th Mar 2026 13:24
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Read moreUBS upgrades Rentokil to 'buy', shares spark
12th Mar 2026 12:50
(Sharecast News) - UBS upgraded Rentokil Initial on Thursday to 'buy' from 'neutral' and lifted the price target to 540p from 430p.
Read moreRWE to ramp up US business with €17bn investment
12th Mar 2026 12:10
(Sharecast News) - Germany's RWE unveiled plans to invest billions in its US business on Thursday, as it looked to cash in on the booming data centre sector and navigate tariff risks.
Read moreEurope midday: Shares down as Iran attacks Gulf shipping; Oil spikes
12th Mar 2026 11:42
(Sharecast News) - European stocks were lower on Thursday on the back of inflationary fears as the oil price hit $100 a barrel in early trade as Iran continued to attack commercial shipping and energy infrastructure in the Gulf.
Read moreUS jobless claims fall to 213,000 in first week of March
12th Mar 2026 11:18
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated clip in the week ended 7 March, according to the Labor Department, contrasting with weak signals in the Bureau of Labor Statistics' latest jobs report.
Read moreDollar General underwhelms with FY guidance as stock pulls back
12th Mar 2026 11:17
(Sharecast News) - Dollar General underwhelmed the market on Thursday with in-line guidance for the current year, with futures falling sharply in pre-market trading as investors booked profits following a strong rally in the stock over the past year.
Read moreUS pre-open: Futures in the red as crude climbs, Middle East tension persists
12th Mar 2026 11:17
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as oil prices continued to trend upward despite the International Energy Agency's move to release 400m barrels of oil amid supply disruption stemming from the US and Israel's ongoing conflict with Iran.
Read moreLloyds, Bank of Scotland and Halifax customers report app glitches
12th Mar 2026 11:08
(Sharecast News) - Customers of Lloyd's, Halifax and Bank of Scotland reported issues using their mobile banking apps on Thursday, including some claiming being able to view details of other customers' accounts.
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