News Archive

Europe open: Shares jump despite confusion over Iran, Lebanon

2nd Jun 2026 07:59

(Sharecast News) - European shares made a strong start on Tuesday despite continuing uncertainty about the US-Iran ceasefire, Israel's attacks on Lebanon and a heavy Russian bombardment on Ukraine overnight.

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UK mortgage approvals jump in April

2nd Jun 2026 07:54

(Sharecast News) - Mortgage approvals unexpectedly spiked in April, data from the Bank of England showed on Tuesday.

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British Land names Oxford Properties' Joanne McNamara chief executive

2nd Jun 2026 07:51

(Sharecast News) - British Land has named Joanne McNamara as its next chief executive, it was confirmed on Tuesday, the first woman to take up the role in the blue chip's 170-year history.

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Wednesday preview: B&M, Inditex, Broadcom results eyed

2nd Jun 2026 07:37

(Sharecast News) - Wednesday will bring the release of full-year results from discount retailer B&M European Value Retail, Discoverie and Ninety One, while first-quarter numbers from Zara owner Inditex will also be in focus.

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London pre-open: Stocks to rise amid conflicting Middle East messages

2nd Jun 2026 07:35

(Sharecast News) - London stocks were set to rise at the open on Tuesday following heavy losses in the previous session, as investors mulled conflicting messages on the status of US-Iran peace talks.

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Chemring hails record order book amid military ramp up

2nd Jun 2026 07:22

(Sharecast News) - UK defence company Chemring on Tuesday reported a record order book at the half-year stage and held full-year guidance as governments continued to ramp up military spending.

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Tuesday newspaper round-up: Anthropic, unemployment, business rates

2nd Jun 2026 07:20

(Sharecast News) - More than a million jobs, higher wages, nearly half a trillion pounds in investment in the pipeline - the UK's green economy is powering ahead, according to research by the country's leading business organisation. The net zero economy, which is worth more than £100bn a year, benefits all of the UK, according to the CBI Economics analysis commissioned by the Energy and Climate Intelligence Unit thinktank, despite critics who want to abolish the UK's net zero targets. - Guardian

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Alphabet plans $80bn raise to fund AI build-out

2nd Jun 2026 07:15

(Sharecast News) - Alphabet plans to raise $80bn through one of the largest equity offerings on record, it was reported early on Tuesday, as Google's parent company looked to fund a major expansion of its artificial intelligence infrastructure and computing capacity.

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British American Tobacco maintains guidance as US and new-category momentum strengthen

2nd Jun 2026 07:06

(Sharecast News) - Tobacco giant British American Tobacco said on Tuesday that it was firmly on track to deliver full-year guidance, driven by continued US delivery and new category momentum.

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US close: Indices hit new records, as tech rally offsets Middle East uncertainty

1st Jun 2026 22:58

(Sharecast News) - The ongoing AI trade pushed Wall Street's stock markets to new record highs on Monday, though gains were modest as oil prices rose amid heightened uncertainty regarding US-Iran relations.

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London close: Stocks sink, oil jumps as Iran suspends peace deal talks

1st Jun 2026 16:27

(Sharecast News) - A breakdown in talks between the US and Iran poured cold water on stocks on Monday afternoon, with blue chips in London sinking firmly into the red by the close of play as oil prices surged.

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Uber announces robotaxi launch in Munich

1st Jun 2026 15:45

(Sharecast News) - Ride-hailing group Uber has announced it is launching a robotaxi programme in Munich, partnering with Israeli AI firm Autobrains to scale a fully autonomous fleet of taxis across the city.

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Tuesday preview: British American Tobacco, Palo Alto in focus

1st Jun 2026 15:37

(Sharecast News) - Tuesday sees the release of a first-half pre-close trading update from British American Tobacco, half-year results from Paragon Banking and full-year results from GB Group.

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US construction spending up 0.4pc in April

1st Jun 2026 15:28

(Sharecast News) - US construction spending increased by 0.4% month-on-month to $2.17trn in April, according to the Census Bureau, ahead of March's $2.16trn figure and April 2025's $2.15trn print.

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Europe close: Stocks fall after fresh Middle East escalations

1st Jun 2026 15:15

(Sharecast News) - European shares closed lower on Monday after the US struck targets in Iran over the weekend and Kuwait came under attack, raising concerns over a fresh escalation in the Middle East.

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