News Archive

UK retail downturn eases in July - CBI

27th Jul 2026 11:47

(Sharecast News) - The downturn in the UK retail sector eased in the six months to July, according to the latest survey released by the Confederation of British Industry on Monday.

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London midday: stocks spark as oil prices continue to tumble

27th Jul 2026 11:28

(Sharecast News) - London stocks continued to push higher at midday on Monday, as oil prices tumbled on renewed hopes for a lasting peace deal in the Middle East and investors digested a slew of corporate updates.

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Pinewood minded to recommend £545m Ridgeview offer, shares surge

27th Jul 2026 11:21

(Sharecast News) - Shares of Pinewood Technologies surged on Monday after the software company said it was minded to recommend a £545m takeover proposal from technology investor Ridgeview Partners.

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FTSE 250 movers: Trainline tops risers, Vesuvius and energy stocks drop

27th Jul 2026 10:47

(Sharecast News) - Trainline was topping the risers list on the FTSE 250 on Monday, while Vesuvius and a handful of energy stocks were falling sharply.

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Europe midday: Stocks surge as oil prices sink, German sentiment rises

27th Jul 2026 10:47

(Sharecast News) - European markets were a sea of green on Monday morning as oil prices retreated on the back of an agreement between the US and Iran to pause their attacks, easing the geopolitical risk that has dampened sentiment in recent weeks.

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US pre-open: Futures higher on easing crude prices, lull in Middle East tensions

27th Jul 2026 10:32

(Sharecast News) - Wall Street futures pushed higher ahead of the open on Monday as oil prices retreated, helped by a weekend pause in hostilities between the US and Iran.

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China's CXMT surges nearly 500% on market debut

27th Jul 2026 10:18

(Sharecast News) - Shares in ChangXin Memory Technologies soared on their market debut on Monday, making the chip maker the most valuable listed company in mainland China.

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Audi cuts sales outlook as challenges continue

27th Jul 2026 09:45

(Sharecast News) - Audi has lowered its full-year sales and profit outlook following a challenging first half, as the European car industry continues to be affected by geopolitical uncertainties, US tariffs and intense competition in the Chinese market.

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Asia report: Stocks risea s oil prices fall back

27th Jul 2026 09:23

(Sharecast News) - Asia-Pacific markets rallied on Monday as oil prices fell sharply following a weekend pause in fighting between the US and Iran.

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Yellow Cake reports increase in uranium holding value

27th Jul 2026 09:22

(Sharecast News) - Yellow Cake said on Monday that the value of its uranium holdings increased 1.5% during the quarter ended 30 June to $1.97bn, as its inventory rose to 23.21m pounds of uranium oxide and the spot price increased to $84.85 per pound from $83.95.

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AstraZeneca reports first-half growth, disappointment in Ultomiris trial

27th Jul 2026 09:10

(Sharecast News) - AstraZeneca reported first-half total revenue of $30.7bn on Monday, up 9%, while core earnings per share increased 12% to $5.21 as double-digit growth in its Oncology and Rare Disease businesses offset headwinds from Farxiga's US loss of exclusivity and China's volume-based procurement programme.

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Shein swings to loss as US tariffs bite

27th Jul 2026 08:47

(Sharecast News) - Shein swung to a $99m net loss in the first quarter of 2026 from a $395m profit a year earlier, it revealed on Monday, as revenue growth slowed to 1.1% to $9.05bn following the removal of the US de minimis tariff exemption.

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Berenberg upgrades Hochschild Mining to 'buy'

27th Jul 2026 08:31

(Sharecast News) - Analysts at Berenberg lifted Hochschild Mining from 'hold' to 'buy' on Monday, pointing to what it called a compelling medium‑term growth profile, a strengthened balance sheet and an undemanding valuation offering around 28%.

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Cranswick reveunes grow amid 'positive start' to year

27th Jul 2026 08:20

(Sharecast News) - Food producer Cranswick said on Monday that it had made "a positive start to the current financial year, with both reported and like-for-like revenues improving in the 13 weeks ended 27 June.

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Shop price inflation eases in July - BRC

27th Jul 2026 08:01

(Sharecast News) - Shop price inflation cooled in July, industry research showed on Tuesday, giving consumers some respite from mounting cost of living pressures.

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