News Archive

Tuesday newspaper round-up: Vista/Mastercard alternative, KPMG, Boots/Morrisons

17th Feb 2026 07:19

(Sharecast News) - UK bank bosses will hold their first meeting to establish a national alternative to Visa and Mastercard, amid growing fears over Donald Trump's ability to turn off US-owned payment systems. The meeting, chaired by Barclays' UK chief executive, Vim Maru, will take place this Thursday and bring together a group of City funders that will front the costs of a new payments company to keep the UK economy running if problems were to occur. - Guardian

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BHP profit surges on pivot to copper

17th Feb 2026 07:17

(Sharecast News) - Mining giant BHP on Tuesday reported a sharp jump in first-half earnings and lifted its dividend by 46% as its pivot towards copper production from iron ore paid off.

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Raspberry Pi surges, traders point to X post about hoarding

17th Feb 2026 07:15

(Sharecast News) - Raspberry Pi surged on Tuesday, with traders highlighting optimism that the growing use of its computers with AI will boost demand.

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EU to step up scrutiny of Shein over sex dolls, app design

17th Feb 2026 07:14

(Sharecast News) - The European Commission opened a formal investigation into Shein under the bloc's Digital Services Act (DSA) on Tuesday, stepping up scrutiny of the online retailer over the alleged sale of illegal products, including child-like sex dolls, and concerns about addictive app design and algorithmic transparency.

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Chesnara buys Scottish Widows Europe from Lloyds for €110m

17th Feb 2026 07:13

(Sharecast News) - Chesnara on Tuesday said it had signed a deal to buy Scottish Widows Europe, a Luxembourg based closed life insurance business from Lloyds Banking Group for €110m in cash.

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Intertek acquires German drone-based inspection solutions firm

17th Feb 2026 07:07

(Sharecast News) - Quality assurance firm Intertek announced on Tuesday that it had acquired high-speed TEK-powered inspection and diagnostic solutions provider Aerial PV Inspection for an undisclosed sum.

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Europe close: Defence plays underpin regional gains

16th Feb 2026 16:43

(Sharecast News) - European shares finished higher on Monday as investors weighed a sharp fall in eurozone industrial production and digested a raft of economic data from the UK, Switzerland and Japan, while defence stocks were in focus on reports that the UK government could accelerate military spending.

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Mercia investee Tozaro raises £6m in funding round

16th Feb 2026 16:41

(Sharecast News) - Mercia Asset Management said on Monday that its portfolio company Tozaro had raised £6m in a funding round led by Mercia to support the commercialisation of its 'Smart Polymer' technology.

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London close: FTSE 100 ekes out new record after quiet session

16th Feb 2026 15:39

(Sharecast News) - The FTSE 100 held on to mild gains on Monday, finishing marginally above last week's record high after a quiet session with Wall Street closed for the day.

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Pentagon close to ending Anthropic partnership

16th Feb 2026 15:03

(Sharecast News) - The Pentagon is reportedly considering ending its use of AI startup Anthropic's AI model Claude after the relationship between the two sides has soured in recent months.

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United Oil completes first stage of Walton-Morant exploration

16th Feb 2026 14:53

(Sharecast News) - United Oil & Gas said on Monday that it has completed the first stage of its surface geochemical exploration programme on the Walton-Morant licence offshore Jamaica, marking an operational milestone in the basin-scale evaluation of the asset.

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Prospex resumes generation, sales at El Romeral

16th Feb 2026 14:40

(Sharecast News) - Prospex Energy said on Monday that electricity generation and sales had resumed at the El Romeral gas-to-power plant in Andalucía, Spain, following installation of a rental transformer, restoring revenue from the asset.

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FTSE 250 movers: Pinewood Tech plunges after Apax withdraws from deal

16th Feb 2026 14:37

(Sharecast News) - FTSE 250 (MCX) 23,452.46 0.11%

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FTSE 100 movers: Banks, defence firms rally; housebuilders fall

16th Feb 2026 14:10

(Sharecast News) - London's FTSE 100 was up 0.3% at 10,472.70 in afternoon trade on Monday.

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Broker tips: Fevertree, Schroders, Centrica

16th Feb 2026 13:59

(Sharecast News) - Analysts at Berenberg hiked their target price on drinks maker Fevertree from 790p to 920p on Monday as it put the spotlight on its US partnership with Molson Coors.

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