News Archive
Genus sees FY 'moderately ahead' of expectations
14th Jul 2026 07:36
(Sharecast News) - Animal genetics company Genus on Tuesday said it expected annual earnings to be moderately above expectations after a strong second half in Asia and Latin America that more than offset weaker conditions in North America, sending shares in the firm 5% higher.
Read moreLondon pre-open: FTSE seen flat, Brent breaches $80 as US reinstates Iranian port blockade
14th Jul 2026 07:31
(Sharecast News) - London stocks were set for a flat open on Tuesday as Brent breached $80 a barrel after Donald Trump said the US had reinstated the naval blockade on the Strait of Hormuz and that all commercial vessels would be charged "at the rate of 20%" on all cargo shipped.
Read moreTuesday newspaper round-up: North Sea oil, Anthropic, EV owners
14th Jul 2026 07:13
(Sharecast News) - The US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday. Tariffs - taxes on imported goods - have been a key part of president Donald Trump's game economic plan since he took office again last year. But in February, the supreme court shut down a big chunk of the extra tariffs Trump ordered, forcing the government to return money to the companies that had paid them. - Guardian
Read moreLondon close: FTSE ends up as US inflation print cuts odds of Fed hike
14th Jul 2026 07:11
(Sharecast News) - London stocks ended up on Tuesday, reversing earlier losses as softer-than-expected US inflation data reduced the odds of a rate hike, and as oil prices eased back after Donald Trump abandoned plans to impose a 20% charge on cargo shipments through the Strait of Hormuz.
Read moreAstrazeneca strikes exclusive licensing deal with Dizal Pharmaceutical
14th Jul 2026 07:09
(Sharecast News) - Drugmaker Astrazeneca said on Tuesday that it has signed an exclusive licensing deal with Dizal Pharmaceutical for Zegfrovy, its non‑small cell lung cancer treatment, securing global rights to develop and commercialise the drug.
Read moreHigher commodity prices boost BP despite production dip
14th Jul 2026 07:07
(Sharecast News) - BP confirmed on Tuesday that higher commodity prices were set to boost second-quarter earnings, despite a fall in upstream production.
Read moreUS close: Stocks lower as oil spikes on Trump's Hormuz blockade claim
13th Jul 2026 22:56
(Sharecast News) - Major indices closed lower on Monday after Donald Trump said he was reinstating what he described as a blockade on Iranian shipping through the Strait of Hormuz, sending oil prices sharply higher.
Read moreWatches of Switzerland said to have held talks over potential takeover offers
13th Jul 2026 19:23
(Sharecast News) - Watches of Switzerland Group has reportedly held talks in recent months over potential offers to take the luxury watch retailer private.
Read moreLondon close: Stocks flat as US-Iran uncertainty caps gains
13th Jul 2026 17:11
(Sharecast News) - UK stocks finished flat on Monday after a relatively subdued session, as investors focused on developments in the Middle East and another surge in oil prices.
Read moreEurope close: Stocks mixed as oil prices rise on fresh Hormuz strikes
13th Jul 2026 16:24
(Sharecast News) - European shares were mixed at the close on Monday and oil prices remained higher as the US military launched fresh strikes on Iran amid rising tensions over the Strait of Hormuz.
Read moreTrump reinstates Strait of Hormuz blockade, announces toll
13th Jul 2026 16:11
(Sharecast News) - Donald Trump said on Monday that the US was reinstating the naval blockade on the Strait of Hormuz with immediate effect and that all commercial vessels will be charged "at the rate of 20%" on all cargo shipped.
Read moreShell to sell Sprng Energy to Aditya Birla Renewables for $1.8bn
13th Jul 2026 15:47
(Sharecast News) - Shell said on Monday that it has agreed to sell Solenergi Power Private Limited, which includes the Sprng Energy group of companies, to Aditya Birla Renewables Limited (ABRen) for $1.8bn.
Read moreMeta's Louisiana data centre investment balloons to $50bn
13th Jul 2026 15:29
(Sharecast News) - Facebook owner Meta Platforms has reported that an expansion to its enormous data centre in Richland Parish, Louisiana, is now costing nearly double its original estimate.
Read moreBroker tips: Boku, RWS Holdings
13th Jul 2026 15:05
(Sharecast News) - Analysts at Berenberg cut their target price on software firm Boku from 300p to 200p on Monday as they reduced their forecasts following a weaker‑than‑expected first‑half update, though they also said their investment thesis remained intact and reiterated their 'buy' recommendation.
Read moreUS open: Stocks mixed amid fresh Middle East tensions, rising crude prices
13th Jul 2026 15:00
(Sharecast News) - Wall Street trading got off to a mixed start on Monday after Iran and the US exchanged airstrikes again over the weekend, with Tehran targeting American facilities in several Gulf states and declaring the Strait of Hormuz closed.
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