News Archive
Nestle adds another SMA batch to its baby formula recall
4th Feb 2026 12:19
(Sharecast News) - Nestlé expanded a UK recall of its SMA infant formula range on Wednesday, after food safety investigators said another batch has been added to the withdrawal amid concerns over cereulide, a highly heat-stable toxin that can trigger rapid-onset nausea, vomiting and abdominal cramps.
Read moreRegulators, industry step up scrutiny on motor finance claims market
4th Feb 2026 12:02
(Sharecast News) - UK regulators and industry bodies stepped up scrutiny of the motor finance claims market on Wednesday, as preparations continued for a major consumer redress scheme, amid warnings about excessive fees, misleading marketing and risks to investment confidence.
Read moreInfineon to accelerate AI investment as auto slump continues
4th Feb 2026 11:42
(Sharecast News) - Infineon Technologies said on Wednesday that it would accelerate investment in artificial intelligence-related technology to offset a prolonged slump in automotive and industrial chip demand, as strong data-centre growth helped underpin its start to the financial year.
Read moreEurozone private sector growth slows in January - PMI
4th Feb 2026 11:21
(Sharecast News) - The Eurozone's economy continued to expand in January, a closely-watched survey showed on Wednesday, but the pace of growth slowed as demand faltered.
Read moreEurope midday: Stoxx rallies as EZ inflation comes in under target
4th Feb 2026 11:18
(Sharecast News) - European stocks rallied and nudged towards record territory on Wednesday as investors digested a fall in eurozone inflation to below the European Central Bank's target level of 2%.
Read moreAsia report: Most markets rise as gold surges further
4th Feb 2026 11:04
(Sharecast News) - Asia-Pacific equity markets mostly advanced on Wednesday, breaking ranks with losses on Wall Street after a sell-off in US technology stocks, while gold extended gains for a second day and pushed through the $5,000 mark.
Read moreSantander to bolster US presence in $12bn deal
4th Feb 2026 10:38
(Sharecast News) - Santander has agreed to buy America's Webster Bank in a $12.2bn deal, as the Spanish lender looks to expand its global reach and strengthen its presence Stateside.
Read moreUS pre-open: Futures mixed as tech weakness lingers
4th Feb 2026 10:29
(Sharecast News) - Wall Street futures were pointing a mixed open ahead of the bell on Wednesday after tech stocks dragged major indices into the red.
Read moreLondon midday: FTSE breaches 10,400 as Beazley, DCC surge
4th Feb 2026 10:22
(Sharecast News) - London stocks had extended gains by midday on Wednesday, with the top-flight index rising above 10,400 for the first time as Beazley surged on takeover news, although software stocks remained under pressure.
Read moreUK services sector grows in January but job losses continue
4th Feb 2026 10:17
(Sharecast News) - Activity in the UK services sector grew in January at the fastest pace since last August, but job losses continued, according to a survey released on Wednesday.
Read moreUS mortgage applications fall by 8.9pc
4th Feb 2026 10:07
(Sharecast News) - US mortgage applications fell by 8.9% in the week ended 30 January, according to the Mortgage Bankers Association of America, extending the previous week's 8.5% drop.
Read moreJPMorgan upgrades Berkeley Group to 'overweight', shares rise
4th Feb 2026 09:32
(Sharecast News) - Housebuilder Berkeley Group got a boost on Wednesday after JPMorgan lifted the stock to 'overweight' from 'neutral' and hiked the price target to 5,000p from 4,700p.
Read moreUBS posts sharp rise in profits, announces higher shareholder returns
4th Feb 2026 09:16
(Sharecast News) - UBS reported a sharp rise in fourth-quarter and full-year profits on Wednesday, underpinned by strong client activity, trading revenues and deepening cost savings from its takeover of Credit Suisse, while announcing higher shareholder returns and reaffirming its medium-term targets.
Read moreThursday preview: BoE, ECB to stand pat; Vodafone, Shell updates in focus
4th Feb 2026 09:11
(Sharecast News) - All eyes will be on policy announcements from the Bank of England and the European Central Bank on Thursday, with both expected to stand pat on rates.
Read moreCanaccord Genuity lowers Antofagasta to 'hold'
4th Feb 2026 09:10
(Sharecast News) - Analysts at Canaccord Genuity downgraded copper miner Antofagasta from 'buy' to 'hold' on Wednesday but hiked their target price on the stock from 3,165p to 4,100p, stating they now see "more limited upside" than they had in 2025.
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