News Archive

US pre-open: Futures fall as US-Iran strikes rattle markets

13th Jul 2026 10:40

(Sharecast News) - Wall Street futures were in the red ahead of the opening bell 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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Former Virgin Money boss Jayne-Anne Gadhia preferred candidate for FRC chair

13th Jul 2026 10:35

(Sharecast News) - The government announced on Monday that it has selected former Virgin Money boss Jayne-Anne Gadhia as its preferred candidate for chair of the Financial Reporting Council, succeeding Jan du Plessis, who is due to step down at the end of September.

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SK Hynix logs biggest single-day decline on record

13th Jul 2026 10:07

(Sharecast News) - Shares in chipmaker SK Hynix slumped on Monday as investors took profits following the South Korean firm's strong Nasdaq debut last week.

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Grafton reiterates guidance on robust international sales

13th Jul 2026 10:00

(Sharecast News) - British distributor Grafton Group reiterated full-year guidance on Monday, after strong international sales helped offset weakness in its home market.

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Nichols to launch Myprotein range under THG deal

13th Jul 2026 09:49

(Sharecast News) - Nichols announced the September launch of Myprotein Clear Whey Protein on Monday under a multi-year brand licensing agreement with THG, expanding its functional drinks portfolio into protein-fortified beverages.

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Asia report: Markets mixed as chip stocks tumble, oil prices rise

13th Jul 2026 09:47

(Sharecast News) - Asia-Pacific markets closed mixed on Monday, with chipmakers sharply lower as investors weighed the latest developments in the Middle East and looked ahead to a series of US corporate earnings reports due later in the week.

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UK retail sales rise as online shopping booms in heatwave

13th Jul 2026 09:40

(Sharecast News) - Retail sales across the UK improved year-on-year in June despite strong comparators, with a jump in online sales outweighing declines in-store as customer footfall was affected by the heatwave.

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Nippon Paint makes €7.5bn offer for AkzoNobel's decorative paints business

13th Jul 2026 09:08

(Sharecast News) - AkzoNobel confirmed on Monday that it has received multiple conditional and non-binding proposals from Japan's Nippon Paint for the acquisition of its decorative paints business which value the segment at €7.5bn.

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System1 rejects possible offer from Brave Bison

13th Jul 2026 08:51

(Sharecast News) - Brave Bison confirmed on Monday it was considering a cash-and-share offer for System1 valuing the company at about £43.1m, although System1's board has unanimously rejected the proposal as materially undervaluing the business.

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Oxford Nanopore warns on half-year trading, shares plunge

13th Jul 2026 08:43

(Sharecast News) - Oxford Nanopore Technologies warned on Monday that half-year trading had missed expectations, sending shares in the biotech sharply lower, on the back of difficult conditions in China and the Middle East.

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Plus500 reports record H1 performance, reiterates FY guidance

13th Jul 2026 08:32

(Sharecast News) - Fintech group Plus500 slipped in early trade on Monday despite the group posting record first‑half revenues and customer income, with limited profit growth, heavier acquisition spending and FX headwinds weighing on margins.

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Rank Group appoints Richard Harris as CEO

13th Jul 2026 08:03

(Sharecast News) - Rank Group said on Monday that it has appointed Richard Harris as chief executive officer with immediate effect.

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London open: FTSE rises as BP, Shell boosted by higher oil prices

13th Jul 2026 07:55

(Sharecast News) - London stocks edged up in early trade on Monday as oil giants BP and Shell were boosted by rising oil prices amid escalating tensions between the US and Iran, with US earnings season due to kick off this week.

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Europe open: Shares fall, oil rises as US launches fresh strikes on Iran

13th Jul 2026 07:49

(Sharecast News) - European shares opened lower and oil prices gained on Monday as the US military launched fresh attacks on Iran amid increasing tensions over the Strait of Hormuz.

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Oil prices rise as US-Iran tensions escalate

13th Jul 2026 07:45

(Sharecast News) - Oil prices rose on Monday as the US insisted the Strait of Hormuz was open, despite Iran claiming it had closed the vital waterway following further military exchanges.

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