International News
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US pre-open: Futures higher as investors await fresh batch of economic data
Thursday 17 Oct 2024
(Sharecast News) - Wall Street futures were pointing to a positive start to trading ahead of the bell on Thursday as market participants awaited a fresh batch of economic data. Read More
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AI boom fuels earnings surge at TSMC
Thursday 17 Oct 2024
(Sharecast News) - Shares in Taiwan Semiconductor Manufacturing Co rallied on Thursday, after the Taiwanese giant posted a forecast-beating 54% surge in earnings, fuelled by the boom in artificial int... Read More
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Uber exploring possible Expedia bid
Thursday 17 Oct 2024
(Sharecast News) - Uber has explored a possible bid for travel booking website operator Expedia, according to the Financial Times, a move that would easily mark the ridesharing giant's biggest acquisi... Read More
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Nestle cuts forecast, shakes up executive board after sales disappoint
Thursday 17 Oct 2024
(Sharecast News) - Nestle is to undergo a major organisational overhaul, the Swiss food giant confirmed on Thursday, as it cut sales targets in the face of persistently weak consumer demand. Read More
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Asia report: Chinese property sector leads regional losses
Thursday 17 Oct 2024
(Sharecast News) - Most Asia-Pacific markets declined on Thursday, with China's property sector leading the fall after a housing ministry briefing failed to reassure investors. Read More
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Publicis lifts full-year revenue outlook
Thursday 17 Oct 2024
(Sharecast News) - French advertising group Publicis lifted its full-year organic revenue forecast on Thursday despite a "challenging" macro environment, as it reported a jump in third-quarter revenue... Read More
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Eurozone inflation revised lower, reinforcing calls for ECB rate cut
Thursday 17 Oct 2024
(Sharecast News) - Eurozone inflation figures for September were revised lower on Thursday, falling further below the European Central Bank's target of 2% to levels not seen since April 2021. Read More
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Pernod Ricard reports 'slow start' as Chinese sales tank
Thursday 17 Oct 2024
(Sharecast News) - French wine and spirits group Pernod Ricard reported a "slow start" to the new financial year, with organic sales falling on the back of ongoing weakness in China as well as the US. Read More
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US close: Morgan Stanley leads markets higher, Dow hits new record
Wednesday 16 Oct 2024
(Sharecast News) - US equity markets rallied into the close on Wednesday with the Dow hitting a fresh record high as more forecast-beating earnings in the banking sector offset weakness among tech sto... Read More
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Europe close: Shares pare losses as tech stocks weigh; Tate & Lyle surges
Wednesday 16 Oct 2024
(Sharecast News) - European shares closed lower on Wednesday with luxury and tech stocks under pressure while investors also digested the latest UK inflation data showing a fall below 2% for the first... Read More
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US import price index undershoots forecasts in September
Wednesday 16 Oct 2024
(Sharecast News) - The cost in the US of goods purchased overseas undershot economists' forecasts last month as the fuel prices plummeted. Read More
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US open: Dow Jones claws back some of yesterday's losses
Wednesday 16 Oct 2024
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as the Dow Jones tried to claw back some of the heavy losses recorded in the previous session. Read More
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US mortgage applications plummet by 17pc
Wednesday 16 Oct 2024
(Sharecast News) - US mortgage applications fell by 17% in the week ended 11 October, according to the Mortgage Bankers Association of America, extending the prior week's 5.1% drop. Read More
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Ryanair braced for delivery delays as problems mount at Boeing - O'Leary
Wednesday 16 Oct 2024
(Sharecast News) - Ryanair could be forced to trim its 2025 traffic outlook, it was reported on Wednesday, on the back of mounting problems at key supplier Boeing. Read More
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US pre-open: Futures little changed following heavy losses
Wednesday 16 Oct 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday following heavy losses in the previous session. Read More
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Asia report: Tech stocks lead most markets lower
Wednesday 16 Oct 2024
(Sharecast News) - Asia-Pacific markets faced broad declines on Wednesday, with Japan's Nikkei 225 leading the losses amid heightened investor caution. Read More
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Shares fall after LVMH sales disappoint
Wednesday 16 Oct 2024
(Sharecast News) - Shares in Europe's luxury goods firms came under pressure on Wednesday, after third-quarter numbers from France's LVMH missed expectations. Read More
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Stellantis shipments tumble 20% in third quarter
Wednesday 16 Oct 2024
(Sharecast News) - Vehicle deliveries at Stellantis dropped by 20% in the third quarter due to inventory reduction in North America and delayed product launches in Europe - its two largest markets. Read More
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Third-quarter iron ore production ticks higher at Rio Tinto
Wednesday 16 Oct 2024
(Sharecast News) - Anglo-Australian miner Rio Tinto left its annual iron ore forecasts unchanged on Wednesday, after third quarter production edged higher. Read More
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US close: Dow retreats from record high as traders digest Q3 earnings
Tuesday 15 Oct 2024
(Sharecast News) - Wall Street stocks were in the red at the close of trading on Tuesday as Q3 earnings season kicked up a gear. Read More
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