News Archive
Asia report: Markets retreat as oil hovers near $100
24th Jul 2026 09:05
(Sharecast News) - Asia-Pacific markets closed lower on Friday, led by steep losses in South Korea, as investors weighed escalating US-Iran tensions and the prospect of fresh American tariffs.
Read moreOil price eases after Brent tops $100, but inflationary risks mount
24th Jul 2026 08:58
(Sharecast News) - Oil prices pulled back slightly on Friday after hitting their highest in two months, as Brent crude briefly topped the $100 mark amid an escalation of conflict in the Middle East.
Read moreDiscoverie experiences 'continued strong momentum' in Q1
24th Jul 2026 08:10
(Sharecast News) - Electronics manufacturer Discoverie said on Friday that it had seen "continued strong momentum in orders and sales" during the first quarter of its trading year, following on from trading momentum experienced in the fourth quarter of last year.
Read moreEurope open: Shares rally despite new MEast tensions, Trump tariff tantrum
24th Jul 2026 08:03
(Sharecast News) - European shares rallied on Friday as investors assessed US President Donald Trump's latest round of tariffs and the threat to global oil supplies from Houthi rebels in Yemen as tensions in the Gulf ramped up.
Read moreLondon open: FTSE ticks up as investors shrug off US tariffs
24th Jul 2026 08:01
(Sharecast News) - London stocks edged higher in early trade on Friday as investors shrugged off fresh US tariffs on more than 60 countries, while Brent crude breached $100 a barrel for the first time since May.
Read moreUK retail sales unexpectedly rise in June
24th Jul 2026 07:50
(Sharecast News) - UK retail sales unexpectedly rose in June thanks in part to warm weather and discounting, according to figures released on Friday by the Office for National Statistics.
Read moreRenishaw to beat own guidance after record fourth quarter
24th Jul 2026 07:39
(Sharecast News) - Shares in Renishaw surged on Friday after the measurement and manufacturing systems company reported a strong end to the year, with annual profits expected to rise 31%.
Read moreLondon pre-open: Stocks to fall as Brent breaches $100 a barrel, US announces fresh tariffs
24th Jul 2026 07:34
(Sharecast News) - London stocks were set to fall at the open on Friday as Brent crude breached $100 a barrel and after the US slapped fresh tariffs on more than 60 countries.
Read moreTrump slaps new tariffs on more than 80 countries to swerve court ruling
24th Jul 2026 07:26
(Sharecast News) - US President Donald Trump restarted his global trade war on more than 80 nations, using anti forced labour laws to get around a Supreme Court ruling that found his previous package of levies illegal.
Read moreHSBC sells Singapore life and health insurance unit to Allianz for $2.1bn
24th Jul 2026 07:24
(Sharecast News) - HSBC on Friday said it had agreed to sell its Singapore life and health insurance business to Allianz for $2.1bn in cash.
Read moreFriday newspaper round-up: Tariffs, regional mayors, Leon boss
24th Jul 2026 07:16
(Sharecast News) - Donald Trump has imposed a fresh round of sweeping tariffs on more than 80 countries to replace a 10% global duty that was due to expire, setting off a wave of criticism and protests from US allies and major trading partners. In its latest attempt to instate aggressive trade policies despite challenges from the America's highest court, the US has imposed a tariff of between a 10% or 12.5% on dozens of countries, including the United Kingdom, Mexico, Canada, Australia, India, China and the 27 countries that make up the European Union. It effectively replaces the blanket 10% tariff that Trump imposed in February, right after the US supreme court declared that many of his earlier tariffs were illegal. - Guardian
Read moreReckitt to divest Russian Hygiene business
24th Jul 2026 07:12
(Sharecast News) - Consumer goods giant Reckitt Benckiser said on Friday that it had agreed to divest its Russian Hygiene business to Arnest Management for an undisclosed sum.
Read moreWeek ahead: Fed and BoE policy announcements due
24th Jul 2026 07:11
(Sharecast News) - Among the highlights next week will be policy announcements from the US Federal Reserve and the Bank of England, as well as results from pharma giants AstraZeneca and GSK, and US tech firms Microsoft and Meta.
Read moreVolkswagen slashes sales guidance as Q2 profits sink
24th Jul 2026 07:10
(Sharecast News) - Volkswagen Group has lowered its sales forecasts for the year, saying that it must take "swift and consistent" action to cut costs as industry challenges mount.
Read moreAntofagasta guidance unchanged despite Los Pelambres shutdown
24th Jul 2026 07:04
(Sharecast News) - Operations have resumed at Antofagasta's Los Pelambres copper mine in Chile following a temporary stoppage due to heavy rainfall, the mining group announced on Friday.
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