News Archive
Asia report: Stocks mixed but Seoul suffers steep chip sell-off
12th Oct 2026 10:11
(Sharecast News) - Asian stock markets were mixed on Monday, with small gains in Hong Kong, Sydney and Singapore met with losses in Shanghai and Mumbai and big sell-off in Seoul.
Read moreMetlen partners with Thales on Greek defence satellite programme
12th Oct 2026 09:22
(Sharecast News) - FTSE 100-listed Metlen Energy & Metals has signed a collaboration agreement with Thales Alenia Space and Thales Hellas to pursue opportunities in Greece's planned defence telecommunications satellite programme.
Read moreDeutsche Bank downgrades Pennon to 'hold', shares slide
12th Oct 2026 09:19
(Sharecast News) - Pennon tumbled on Monday after Deutsche Bank cut its stance on the stock to 'hold' from 'buy' and slashed the price target to 380p from 550p.
Read moreBerenberg lowers SSP target price to 225p following Q4 figures
12th Oct 2026 09:05
(Sharecast News) - Berenberg cut its price target on SSP to 225p from 245p on Monday, but reiterated its 'buy' rating on the stock, saying the group delivered resilient fourth‑quarter earnings despite softer free cash flow and a weaker performance in North America.
Read moreHays posts softer Q1 as permanent hiring weakens, net fees fall 3pc
12th Oct 2026 09:02
(Sharecast News) - Recruitment firm Hays said on Monday that first‑quarter trading remained soft, with group net fees down 3% like‑for‑like, as permanent hiring weakened and several country exits continued to weigh on reported numbers.
Read moreUK retail sales growth eases in September - BRC
12th Oct 2026 08:17
(Sharecast News) - UK retail sales growth eased in September as consumers remained cautious ahead of expected rises in household bills and taxes, according to industry data released on Tuesday.
Read moreLondon open: Stocks gain as oil prices ease; Hays slides after update
12th Oct 2026 07:44
(Sharecast News) - London stocks rose in early trade on Monday despite escalating Middle East tensions, as oil prices eased after US president Donald Trump declared an "energy ceasefire" between Russia and Ukraine.
Read moreUK public services could need £35bn spending boost by 2030-31, warns IFS
12th Oct 2026 07:38
(Sharecast News) - The UK government could need to increase public service spending by £35bn a year by 2030-31 to meet its defence and health ambitions while protecting other departmental budgets from cuts, according to the Institute for Fiscal Studies (IFS).
Read moreEurope open: Shares up on talk of Ukraine - Russia 'ceasefire'
12th Oct 2026 07:35
(Sharecast News) - European shares were higher at the open on Monday despite confusion around a "ceasefire" between Russia and Ukraine declared by US President Donald Trump.
Read moreLondon pre-open: Stocks seen up despite escalating MidEast tensions
12th Oct 2026 07:33
(Sharecast News) - London stocks were set to gain at the open on Monday despite escalating Middle East tensions.
Read moreMonday newspaper round-up: Budget, van drivers, Heathrow
12th Oct 2026 07:23
(Sharecast News) - John Healey has been warned by Britain's leading tax and spending experts that his budget risks being a "work of fiction" unless he sets out plans to cover £35bn in spending pressures. As the war in the Middle East rattles the public finances, the Institute for Fiscal Studies (IFS) said the damage from higher inflation meant the chancellor would need to either top up funds for his current government spending plans or impose deep real-terms cuts by the end of the decade. - Guardian
Read moreAEP Plantations sees palm oil prices supported in Q4 as production rises
12th Oct 2026 07:21
(Sharecast News) - Palm oil producer AEP Plantations said it expected prices to remain supported through the final quarter of 2026, underpinned by food demand, firm energy markets and Indonesia's B50 biodiesel rollout, which is expected to strengthen domestic consumption.
Read moreIP Group leads £4m funding round for AI materials spin‑out Matter Machine
12th Oct 2026 07:08
(Sharecast News) - Science and technology investor IP Group has led a £4m pre‑Series A funding round for Matter Machine, an AI‑driven materials discovery spin‑out from the University of Liverpool, marking the largest investment secured by a newly formed spin‑out from the institution.
Read moreSunday newspaper round-up: KPMG, gig economy, airlines, Nscale, Riyadh, Axel Springer
11th Oct 2026 09:29
(Sharecast News) - KPMG has moved back into restructuring five years after selling its insolvency arm, hiring Chris Hogg from Alvarez & Marsal to lead the renewed push. The Times reported that the firm, which sold its UK restructuring business to HIG Capital in 2021, is rebuilding capability as demand for turnaround advice rises. Hogg previously spent nearly nine years at FTI Consulting before joining A&M.
Read moreUS close: Wall Street ends higher as tech leads rebound after volatile week
9th Oct 2026 21:51
(Sharecast News) - Major indices closed higher on Friday, with tech leading a rebound as investors tried to shake off a volatile week marked by rising Treasury yields, firmer oil prices and a pullback in the AI trade.
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