News Archive

Boohoo secures sublease for unused US distribution centre

12th Jun 2026 11:20

(Sharecast News) - Boohoo said on Friday that it has completed the sublease of a distribution centre in the US that it no longer uses to ID Logistics, mitigating a "material future liability".

Read more

London midday: FTSE extends gains, oil falls further amid Mideast peace hopes

12th Jun 2026 11:17

(Sharecast News) - London stocks had extended gains by midday on Friday as oil prices fell further after Donald Trump said a deal with Iran was close to being agreed, and as investors mulled the latest UK GDP data and eyed the hotly-anticipated SpaceX IPO.

Read more

Europe midday: Shares hold gains on Trump peace deal claims

12th Jun 2026 11:13

(Sharecast News) - European sharemarkets rallied and oil prices fell on Friday after US President Donald Trump paused threatened air strikes against Iran and once again claimed a deal on ending his war of choice with Tehran was close.

Read more

MP Evans crop, production volumes rise strongly

12th Jun 2026 11:12

(Sharecast News) - MP Evans said on Friday that crop and production volumes rose strongly in the first five months of 2026, while palm-oil pricing remained firm and production costs were expected to remain broadly stable.

Read more

Asia report: Kospi leads gains as oil prices slide

12th Jun 2026 11:11

(Sharecast News) - Asia-Pacific markets closed higher on Friday as investors welcomed signs of progress toward a US-Iran peace agreement and looked ahead to SpaceX's historic stock market debut.

Read more

US pre-open: Futures higher as traders eye Middle East tensions, SpaceX IPO

12th Jun 2026 10:34

(Sharecast News) - Wall Street future were in the green ahead of the open on Friday as traders turned their attention to Middle East developments and SpaceX's landmark initial public offering.

Read more

McBride warns FY profits will miss expectations, shares slide

12th Jun 2026 10:05

(Sharecast News) - McBride tumbled on Friday as the maker of own brand household products warned that full-year profit for this year and the next would fall short of analysts' expectations, citing cost increases due to the Iran war.

Read more

Shore Capital says 'buy' Tesco despite challenging Q1 comparatives

12th Jun 2026 09:55

(Sharecast News) - Shore Capital has reiterated its 'buy' rating on Tesco ahead of the supermarket's first-quarter results next week, though it doesn't expect any big positive surprises with the company facing tough comparatives with last year.

Read more

Virgin Wines says FY profit and revenue will miss market views, shares slide

12th Jun 2026 09:24

(Sharecast News) - Virgin Wines tumbled on Friday as it said full-year profit and revenue were set to miss analysts' expectations as it cited higher costs and weaker consumer confidence due to the Iran war.

Read more

UK inflation expectations rise as consumers outlook weakens

12th Jun 2026 09:17

(Sharecast News) - Inflation expectations in the UK picked up sharply in May, according to a closely watched Bank of England survey, with consumer perceptions about the current environment and future outlook pointing to rising price pressures at the till.

Read more

Flutter to delist from London exchange

12th Jun 2026 08:48

(Sharecast News) - FanDuel owner Flutter Entertainment is delisting from the London Stock Exchange in August and keeping its primary listing in New York, the company said on Friday.

Read more

Barclays acquires children's money platform GoHenry

12th Jun 2026 08:37

(Sharecast News) - Barclays has agreed to acquire children's money management platform GoHenry from US fintech group Acorns, it announced on Friday, as the bank looked to strengthen its youth banking proposition and deepen relationships with families and mass-affluent households.

Read more

GSK's momelotinib receives orphan drug designation from US and EU watchdogs

12th Jun 2026 08:17

(Sharecast News) - Drugmaker GSK said on Friday that its JAK inhibitor momelotinib has been granted orphan drug designation by both the US Food and Drug Administration and the European Medicines Agency for the treatment of VEXAS syndrome, a rare and severe autoinflammatory condition with no approved therapies.

Read more

London open: Stocks rally, oil drops as Trump says peace deal is close

12th Jun 2026 07:50

(Sharecast News) - London stocks rallied in early trade on Friday as oil prices fell after Donald Trump said a deal with Iran was close to being agreed, and as investors mulled the latest UK GDP data and eyed the hotly-anticipated SpaceX IPO.

Read more

Europe open: Shares rally, oil falls as Trump again claims peace deal is near

12th Jun 2026 07:50

(Sharecast News) - European sharemarkets rallied and oil prices fell on Friday after US President Donald Trump paused threatened air strikes against Iran and once again claimed a deal on ending his war of choice with Tehran was close.

Read more