News Archive
Nubank rules out multi-billion pound tie-up with Monzo
1st Oct 2026 07:43
(Sharecast News) - Brazil's Nubank has ruled out a possible tie-up with fellow digital bank Monzo, ending days of speculation about a potential multi-billion pound deal.
Read moreLondon pre-open: Stocks to fall as investors eye manufacturing data
1st Oct 2026 07:29
(Sharecast News) - London stocks were set to fall at the open on Thursday following an uninspiring session on Wall Street, as investors eyed the latest UK manufacturing PMI.
Read moreEurope open: Shares slump despite weaker US inflation data
1st Oct 2026 07:26
(Sharecast News) - European shares opened sharply lower on Thursday despite a weaker-than-expected US inflation readout that dampened expectations of another rate hike from the Federal Reserve.
Read moreArtisan calls on UBS to leave Switzerland over new capital funding rules
1st Oct 2026 07:25
(Sharecast News) - UBS came under renewed pressure on Thursday after major US investor Artisan Partners urged the Swiss lender to consider quitting Switzerland, arguing that proposed capital rules would impose punitive costs and destroy shareholder value.
Read moreLondon close: Stocks slide as inflation fears fuel bond selloff
1st Oct 2026 07:21
(Sharecast News) - London stocks fell sharply on Thursday as worries about inflation fuelled a selloff in bond markets, with UK long-term borrowing costs hitting their highest level in 28 years, and as oil prices rose.
Read moreBerenberg raises target price on Greggs
1st Oct 2026 07:19
(Sharecast News) - Analysts at Berenberg hiked their target price on bakery chain Greggs from 2,200p to 2,300p on Thursday, citing stronger‑than‑expected trading in the third quarter and a modestly improved full‑year outlook.
Read moreInchcape moves into Peru, Costa Rica
1st Oct 2026 07:18
(Sharecast News) - Auto distributor Inchcape said it had agreed to buy a Volvo business in Peru and Costa Rica, and a Jaguar Land Rover business in Peru, both from Automotores Gildemeister, for an undisclosed sum.
Read moreClarksons' Tim Miller to step down at 2027 AGM
1st Oct 2026 07:14
(Sharecast News) - Shipping services provider Clarksons announced a forthcoming board change on Thursday, with independent non‑executive director Tim Miller set to step down at the end of the group's 2027 annual general meeting, choosing not to stand for re‑election after nine years on the board.
Read moreOracle shares rise on reports of massive Tencent AI chip deal
1st Oct 2026 07:08
(Sharecast News) - Oracle shares were higher in pre-market trade on Thursday on the back of reports that Chinese tech conglomerate Tencent is to lease 100,000 Oracle chips as it ramps up its AI agenda.
Read moreThursday newspaper round-up: New oil and gas projects, Micron, ElevenLabs
1st Oct 2026 07:05
(Sharecast News) - An internal watchdog said the Federal Reserve mismanaged costs associated with a $2.4bn renovation of its Washington DC headquarters, but noted that no criminal violations occurred, according to a report released on Wednesday. For over a year, Donald Trump has centered his attacks against the Fed and former chair Jerome Powell around the renovations, including a months-long Department of Justice criminal investigation that was dropped in April. - Guardian
Read moreHouse price growth halves in September - Nationwide
1st Oct 2026 07:04
(Sharecast News) - House price growth slowed sharply in September, industry data showed on Thursday, as economic and geopolitical tensions mounted.
Read moreUS close: Stocks mixed as inflation picks up, trade deficit widens
30th Sep 2026 22:04
(Sharecast News) - Major indices delivered a mixed performance on Wednesday as traders digested a heavy slate of economic data, led by a firmer August PCE inflation print and further signs of cooling activity across housing, trade and inventories.
Read moreEurope close: Stocks fall as inflation accelerates, oil prices rise
30th Sep 2026 15:41
(Sharecast News) - European stocks were in the red on Wednesday as inflation accelerated strongly across the region's three largest economies, while oil prices rebounded due to ongoing supply concerns in the Middle East.
Read moreChicago PMI smashes forecasts to hit four-month high
30th Sep 2026 15:41
(Sharecast News) - Business activity across the greater Chicago metropolitan area increased at its fastest pace in four months in September, according to ISM-Chicago, rebounding after its first contraction of the year in August.
Read moreMattel chief executive to step down
30th Sep 2026 15:38
(Sharecast News) - The long-serving chief executive of Barbie-owner Mattel is stepping down, it was confirmed on Wednesday, to be replaced by Conde Nast head Roger Lynch.
Read more