News Archive

Update

13th Mar 2026 07:33

Norway's Blastr in talks over funding for Speciality Steels bid - report

13th Mar 2026 07:31

(Sharecast News) - Norwegian green steel group Blastr has reportedly approached investors to help it clinch a takeover of Britain's third-biggest steel producer, Speciality Steels UK (SSUK).

UK economy unexpectedly flatlines ahead of Iran shock

13th Mar 2026 07:00

(Sharecast News) - The UK economy stalled in January, official data showed on Friday, just weeks before war in the Middle East sent global energy prices soaring.

Europe close: Stocks slide amid oil price rally

12th Mar 2026 16:32

(Sharecast News) - European stocks fell on Thursday as surging oil prices and escalating tensions in the Middle East fuelled fresh inflation concerns and weighed on investor sentiment, with analysts warning that markets remain under pressure as the conflict intensifies.

London close: Banks, travel stocks drag markets lower on macro fears

12th Mar 2026 15:45

(Sharecast News) - London's blue chips finished the day lower again on Thursday as another surge in the price of crude hammered risk appetite, dampening prospects for the global economy, as ongoing disruptions to oil trade worsened the outlook for inflation.

Broker tips: Rentokil Initial, Breedon, Bodycote

12th Mar 2026 15:02

(Sharecast News) - UBS upgraded Rentokil Initial to 'buy' from 'neutral' on Thursday and lifted its price target on the stock to 540p from 430p.

Iran's new supreme leader vows to keep Strait of Hormuz blocked

12th Mar 2026 13:50

(Sharecast News) - Iran's new supreme leader Mojtaba Khamenei said on Thursday that the Strait of Hormuz should stay closed as a way to keep up pressure on the West.

US building permits fall in January, housing starts climb

12th Mar 2026 13:46

(Sharecast News) - US construction data was mixed in January, with building permits falling even as housing starts picked up.

US open: Stocks sink as oil surges, Middle East tensions escalate

12th Mar 2026 13:44

(Sharecast News) - Major indices were firmly in the red early on Thursday as oil prices continued to trend upward despite the International Energy Agency's move to release 400m barrels of oil amid supply disruption stemming from the US and Israel's ongoing conflict with Iran.

Director dealings: Supermarket Income REIT's Sapna Shah raises stake

12th Mar 2026 13:37

(Sharecast News) - Supermarket Income REIT revealed on Thursday that non-executive director Sapna Shah had acquired 17,900 ordinary shares in the FTSE 250-listed real estate investment trust.

Trading momentum continues into first half for AB Dynamics

12th Mar 2026 13:24

(Sharecast News) -

UBS upgrades Rentokil to 'buy', shares spark

12th Mar 2026 12:50

(Sharecast News) - UBS upgraded Rentokil Initial on Thursday to 'buy' from 'neutral' and lifted the price target to 540p from 430p.

RWE to ramp up US business with €17bn investment

12th Mar 2026 12:10

(Sharecast News) - Germany's RWE unveiled plans to invest billions in its US business on Thursday, as it looked to cash in on the booming data centre sector and navigate tariff risks.

Europe midday: Shares down as Iran attacks Gulf shipping; Oil spikes

12th Mar 2026 11:42

(Sharecast News) - European stocks were lower on Thursday on the back of inflationary fears as the oil price hit $100 a barrel in early trade as Iran continued to attack commercial shipping and energy infrastructure in the Gulf.

US jobless claims fall to 213,000 in first week of March

12th Mar 2026 11:18

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated clip in the week ended 7 March, according to the Labor Department, contrasting with weak signals in the Bureau of Labor Statistics' latest jobs report.