News Archive
London pre-open: Stocks to edge down as Hormuz impasse drags on
11th Aug 2026 07:38
(Sharecast News) - London stocks were set to edge down at the open on Tuesday as the impasse over the Strait of Hormuz dragged on after US President Donald Trump said he would be seeking compensation from Iran for "50 years" of damages.
Read moreTuesday newspaper round-up: consumer confidence, easyJet, Thames Water
11th Aug 2026 07:24
(Sharecast News) - Consumer confidence hit its highest level in almost two years in July, according to research that indicated the closing stages of the men's football World Cup and more people holidaying in the UK lifted summer spending. A truce in the Middle East conflict in June and the arrival of a new prime minister in No 10 also gave a lift to consumers after a long period of heightened uncertainty. A long-running monthly consumer spending survey by Barclays showed that 30% of those surveyed felt confident about the strength of the UK economy in July - representing a 21-month high and a six-percentage-point improvement on June. - Guardian
Read moreLondon close: FTSE dips amid conflicting messages about Hormuz
11th Aug 2026 07:20
(Sharecast News) - London stocks dipped on Tuesday, with oil prices up as investors mulled conflicting accounts of the progress being made to agree the reopening of the Strait of Hormuz.
Read moreIHG room revenues surge as US, China demand offset Iran war impact
11th Aug 2026 07:05
(Sharecast News) - InterContinental Hotels on Tuesday said it was on track to meet full-year earnings estimates as it reported a 10% jump in profits driven by better-than-expected demand globally.
Read moreUS close: Stocks end lower as fading Hormuz hopes weigh on sentiment
10th Aug 2026 21:59
(Sharecast News) - Major indices closed lower on Monday as optimism over a potential US‑Iran agreement to re-open the Strait of Hormuz faded.
Read moreGameStop considering partnership with eBay rather than takeover - report
10th Aug 2026 18:10
(Sharecast News) - GameStop is reportedly considering withdrawing its $56bn bid for eBay in favour of a partnership.
Read moreImperial Brands to cut thousands of jobs in US, Europe - report
10th Aug 2026 16:59
(Sharecast News) - Imperial Brands is reportedly preparing to cut thousands of jobs in critical markets, including the US and Europe, as part of a sweeping cost-cutting drive.
Read moreThruvision secures £3m contract in Asia
10th Aug 2026 16:04
(Sharecast News) - AIM-listed Thruvision said on Monday that its principal regional partner in Asia has been awarded a £3m contract to deploy the company technology across multiple major airports in South-East Asia.
Read moreLondon close: Stocks fall as oil rises amid growing doubts over Hormuz
10th Aug 2026 15:27
(Sharecast News) - London stocks ended lower on Monday as oil prices rose amid growing doubts the US and Iran will reach an agreement to reopen the Strait of Hormuz.
Read moreIntel to raise $15bn in share sale
10th Aug 2026 15:22
(Sharecast News) - Intel said on Monday that it was planning to raise $15bn in a share sale amid a rise in demand for AI computing.
Read moreEurope close: Shares mixed as Hormuz impasse weighs on sentiment
10th Aug 2026 15:17
(Sharecast News) - European shares closed marginally higher and oil prices surged on Monday as the US appeared no closer to resolving the Strait of Hormuz impasse after Iran demanded Washington lift sanctions on Tehran, pay reparations and meet a number of other conditions before the key waterway is reopened.
Read moreUS open: Stocks lower as Iran pushes back on Hormuz negotiations
10th Aug 2026 14:26
(Sharecast News) - Major indices were lower at the strart of trading on Monday as optimism over a potential US‑Iran agreement to reopen the Strait of Hormuz faded.
Read moreBroker tips: Persimmon, Shaftesbury Capital, Legal & General
10th Aug 2026 14:23
(Sharecast News) - Deutsche Bank lifted Persimmon to 'buy' on Monday, noting that the housebuilder was managing sector headwinds more effectively than peers and continued to deliver resilient returns.
Read moreDirector dealings: Halma CEO makes share sale
10th Aug 2026 14:23
(Sharecast News) - Halma revealed on Monday that chief executive Marc Ronchetti had disposed of 47,000 ordinary shares in the FTSE 100-listed safety equipment company.
Read moreFTSE 100 movers: Coca-Cola HBC hit by downgrade; Glencore gains
10th Aug 2026 13:59
(Sharecast News) - London's FTSE 100 was down 0.4% at 10,858.04 in afternoon trade on Monday.
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