News Archive
Shein closes in on Asos amid record UK sales
15th Aug 2025 11:36
(Sharecast News) - Shein's UK business reported record sales for 2024, it emerged on Friday, with revenue rising 32.3% to £2.05bn, according to filings at Companies House.
Read moreUS pre-open: Futures mixed as July PPI reading remains in focus
15th Aug 2025 11:21
(Sharecast News) - Wall Street futures were pointing to a mixed open ahead of the bell on Friday after hotter-than-expected wholesale inflation numbers weighed on stocks in the previous session.
Read moreIntel shares pop on report US govt mulling investment
15th Aug 2025 11:07
(Sharecast News) - Intel shares jumped in pre-market trade after a report that the US government is mulling taking a stake in the chipmaker.
Read moreOcean Wilsons upbeat on investment performance, urges merger support
15th Aug 2025 11:00
(Sharecast News) - Ocean Wilsons reported a 6.2% return on its investment portfolio for the second quarter on Friday, taking year-to-date performance to 5.1%, despite what it described as a "challenging macroeconomic environment marked by trade uncertainties and ongoing geopolitical tensions".
Read moreLondon midday: Stocks flat ahead of Trump-Putin talks
15th Aug 2025 10:41
(Sharecast News) - London stocks had pared gains to trade flat by midday on Friday as investors eyed talks between Donald Trump and Russia's Vladimir Putin in Alaska, as the US president looks to put an end to the Ukraine war.
Read moreBerenberg raises target price on Antofagasta
15th Aug 2025 09:30
(Sharecast News) - Analysts at Berenberg raised their target price on Chilean multinational Antofagasta from 2,100p to 2,200p on Friday following the group's first-half results a day earlier.
Read moreAsia report: Markets mixed on Japan GDP growth, disappointing China data
15th Aug 2025 09:10
(Sharecast News) - Asia-Pacific equity markets mostly advanced on Friday, with Japanese shares hitting record highs after stronger-than-expected GDP data, while Chinese stocks gained on a wave of upbeat economic releases.
Read moreDrilling operations begin at Union Jack Oil's Sark well
15th Aug 2025 09:02
(Sharecast News) - Hydrocarbon development and exploration company Union Jack Oil said on Friday that it has been informed by the operator of its Sark well that it has now been spudded.
Read moreKingsmill owner AB Foods to buy Hovis from PE firm Endless
15th Aug 2025 07:58
(Sharecast News) - Kingsmill owner Associated British Foods said on Friday that it has agreed to buy Hovis Group from private equity firm Endless for an undisclosed sum.
Read moreMSQ rules out deal with Martin Sorrell's S4 Capital
15th Aug 2025 07:42
(Sharecast News) - MSQ Partners has poured cold water over the idea of a potential merger with Martin Sorrell's S4 Capital.
Read moreWeek ahead: UK inflation, retail sales in focus as earnings season slows
15th Aug 2025 07:42
(Sharecast News) - With the second-quarter earnings season coming to a close - fewer than 80 companies across the whole of Europe are scheduled to report results over the coming three weeks - next week's focus is likely to stay on economic data.
Read morePandora shares tank as July sales slow
15th Aug 2025 07:41
(Sharecast News) - Pandora delivered solid growth and profits in line with forecasts over the second quarter despite an "increasingly turbulent macroeconomic backdrop", though the Danish jewellery maker reported a slowdown in growth over July.
Read moreEurope open: Shares shrug off US PPI; All eyes on Alaska
15th Aug 2025 07:40
(Sharecast News) - European shares shrugged off a hot producer prices print from the US and made a strong start to Friday's session, with all eyes on the meeting between President Donald Trump and his Russian counterpart Vladimir Putin in Alaska for talks on the Ukraine war.
Read moreOxford Biomedica raises £60m to bolster US capacity
15th Aug 2025 07:36
(Sharecast News) - Oxford Biomedica has raised £60m via a share placing and subcription to expand its US operations, the gene and cell therapy company announced on Friday.
Read moreLondon pre-open: Stocks to rise as investors eye Trump-Putin summit
15th Aug 2025 07:30
(Sharecast News) - London stocks were set to gain at the open on Friday as investors eyed talks between Donald Trump and Russia's Vladimir Putin in Alaska as the US president attempts to put an end to the Ukraine conflict.
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