News Archive
Europe open: Shares fall as US, Iran exchange fire in Hormuz strait
8th May 2026 08:04
(Sharecast News) - European shares opened sharply lower on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising fears that the fragile ceasefire between the two may not hold.
Read moreIAG warns on profits, cites rising fuel costs
8th May 2026 07:54
(Sharecast News) - IAG warned on Friday that annual profit would be lower than previously expected as rising fuel costs due to the conflict in the Middle East start to bite.
Read moreBerenberg starts Zigup at 'buy'
8th May 2026 07:52
(Sharecast News) - Analysts at Berenberg initiated coverage on commercial vehicle rental provider Zigup with a 550p target price and a 'buy' rating, stating the group was "in the driving seat" as it approaches a "major" inflection point.
Read moreGerman industrial production falls 0.7pc in March, trade surplus narrows
8th May 2026 07:42
(Sharecast News) - German industry continued to struggle at the end of the first quarter, according to fresh data from the Federal Statistical Office, as higher costs and weak global demand again weighed on output.
Read moreEWIT confirms new chair after boardroom coup
8th May 2026 07:37
(Sharecast News) - Edinburgh Worldwide Investment Trust confirmed its new board on Friday, a week after the previous incumbents were ousted.
Read moreLondon pre-open: Stocks to fall, oil prices back above $100 after US-Iran trade missile fire
8th May 2026 07:37
(Sharecast News) - London stocks were set to slump at the open on Friday, while oil prices were back above $100 a barrel after the US and Iran opened fire in the vital Strait of Hormuz, and as investors eyed the latest US non-farm payrolls report.
Read moreLondon pre-open: Stocks to fall, oil prices back above $100 after US-Iran trade missile fire
8th May 2026 07:37
(Sharecast News) - London stocks were set to slump at the open on Friday, while oil prices were back above $100 a barrel after the US and Iran opened fire in the vital Strait of Hormuz, and as investors eyed the latest US non-farm payrolls report.
Read moreAirtel Africa FY revenues increase as customer numbers grow, data usage rises
8th May 2026 07:15
(Sharecast News) - Telecommunications provider Airtel Africa posted a strong set of full‑year results on Friday, with revenues, margins and earnings all rising sharply as the group benefited from robust customer growth, higher data usage and continued momentum in its mobile money business.
Read moreWeek Ahead: Vodafone, Burberry results due; UK GDP in focus
8th May 2026 07:15
(Sharecast News) - Next week sees the release of results from the likes Vodafone, Burberry and Imperial Brands, while on the macroeconomic front, US inflation and UK GDP figures will be in focus.
Read moreIntertek rejects EQT's sweetened £8.9bn offer
8th May 2026 07:13
(Sharecast News) - Intertek on Friday rejected Swedish private equity group EQT's sweetened £8.93bn offer saying it "significantly undervalues" the company, adding that it was still committed to a spinoff or demerger of its energy & infrastructure division.
Read moreFriday newspaper round-up: Meta, Modella Capital, Network Plus
8th May 2026 07:13
(Sharecast News) - Meta has launched a legal challenge against the UK's media regulator over the fees and fines regime it is enforcing under landmark digital safety legislation. The Facebook and Instagram owner is claiming that Ofcom's methodology for calculating the charges is flawed and should not be based on a company's global revenue. Breaches of the Online Safety Act can be punished by fines of up to 10% of qualifying worldwide revenue (QWR) or £18m - whichever is higher. - Guardian
Read moreHouse prices tick lower amid geopolitical uncertainty
8th May 2026 07:09
(Sharecast News) - House prices ticked lower in April, industry data showed on Friday, as mounting geopolitical uncertainty weighed on consumer sentiment at home.
Read moreCommerzbank raises targets, announces more job cuts as it fends off UniCredit
8th May 2026 07:05
(Sharecast News) - Commerzbank raised its profit targets and announced further job cuts on Friday, as chief executive Bettina Orlopp stepped up efforts to defend the German lender's independence against UniCredit's hostile takeover attempt.
Read moreLondon close: Stocks slump as US-Iran peace deal hopes fade
7th May 2026 17:10
(Sharecast News) - UK stocks fell sharply on Thursday as investors took profits following the recent rally, as optimism regarding a potential US-Iran peace deal began to fade.
Read moreEurope close: Stocks slide alongside oil prices
7th May 2026 17:08
(Sharecast News) - European shares closed lower on Thursday as investors reassessed hopes for a peace deal between Iran and the US, after conflicting messages from Tehran and Washington tempered the previous session's optimism.
Read more