News Archive
UK inflation falls to 3% in January
18th Feb 2026 07:51
(Sharecast News) - UK inflation fell to its lowest level in nearly a year in January, according to figures released on Wednesday by the Office for National Statistics, making a rate cut in March more likely.
Read moreBlackstone, EQT and CVC bid for VW's Everllence unit - report
18th Feb 2026 07:41
(Sharecast News) - Volkswagen has reportedly attracted bids from private equity funds including Blackstone, EQT and CVC for its Everllence shipping engines division.
Read moreLondon pre-open: Stocks to rise as inflation print adds weight to rate cut expectations
18th Feb 2026 07:38
(Sharecast News) - London stocks were set to gain at the open on Wednesday as the latest UK inflation reading added weight to expectations of a March rate cut.
Read morePan African Resources posts record H1 profits as prices soar
18th Feb 2026 07:31
(Sharecast News) - First-half profits at Pan African Resources more than trebled to a record high, the gold miner announced on Wednesday, as both production volumes and the gold price jumped more than 50% year on year.
Read moreWednesday newspaper round-up: British Steel, Japan/US, net zero
18th Feb 2026 07:20
(Sharecast News) - British Steel has secured an order worth tens of millions of pounds to supply rail for a high-speed electric railway in Turkey, amid continuing uncertainty over the long-term future of the government-controlled steelworks in Scunthorpe. The site will supply 36,000 tonnes of rail to ERG International Group, the company announced, in what it called an "eight-figure agreement". - Guardian
Read moreMeta ramps up AI build‑out with major Nvidia chip deployment
18th Feb 2026 07:15
(Sharecast News) - Social media giant Meta said late on Tuesday that it will deploy millions of Nvidia chips across its artificial intelligence data‑centre network as part of an expanded partnership between the two companies.
Read moreLondon close: FTSE hits record high as miners, defence firms gain
18th Feb 2026 07:14
(Sharecast News) - London stocks rose to a record high on Wednesday, with miners and defence firms on the front foot, as the latest UK inflation reading increased the likelihood of a March rate cut.
Read morePPHE Hotel sells NYC development site for $33m
18th Feb 2026 07:11
(Sharecast News) - Hotel and resorts group PPHE Hotel has sold a longstanding development site in Manhattan to an unnamed US real estate developer for $33.5m.
Read moreBAE sales hit new record amid new arms race
18th Feb 2026 07:03
(Sharecast News) - Weapons maker BAE Systems on Wednesday reported a better-than-expected rise in annual profits after sales soared to a new record as it cashed in on higher government defence spending amid rising geopolitical tensions.
Read moreGlencore FY profits decline as coal weakness offsets metals strength
18th Feb 2026 07:01
(Sharecast News) - Mining giant Glencore posted a decline in full‑year profits on Wednesday, as record copper prices were unable to offset weaker earnings from its coal division.
Read moreUS close: Stocks erase losses, but gains limited in cautious trade
17th Feb 2026 21:16
(Sharecast News) - US stocks posted meagre gains on Tuesday as investors returned to their desks after the Presidents' Day holiday in a cautious mood following recent falls.
Read moreLondon close: UK stocks hit new highs on BoE rate-cut hopes
17th Feb 2026 15:54
(Sharecast News) - London's FTSE 100 powered to a new record high on Tuesday as the export-oriented stocks were boosted by a weaker pound following the latest UK labour market data.
Read moreEurope close: Stocks maintain gains as US-Iran talks begin
17th Feb 2026 15:53
(Sharecast News) - European shares closed firmly higher on Tuesday as investors monitored nuclear talks between the US and Iran in Geneva and digested a raft of economic data from Germany and the UK.
Read moreEmpire State manufacturing expands modestly in February
17th Feb 2026 14:52
(Sharecast News) - Manufacturing activity growth across New York eased slightly in February but recorded its second straight expansion, with a closely watched economic indicator from the region's Federal Reserve coming in ahead of analysts' forecasts.
Read moreBroker tips: Pinewood Tecchnologies, NatWest, SSP Group
17th Feb 2026 14:36
(Sharecast News) - Analysts at Berenberg reinstated coverage on software-as-a-service outfit Pinewood Technologies with a 'buy' rating and a 725p target price on Tuesday, stating the stock's current price "significantly underpriced growth".
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