International News
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Activity in US services sector accelerates in May, but slips in manufacturing
Tuesday 23 May 2023
(Sharecast News) - Services sector activity in the US picked up by surprise last month, even as that in manufacturing shrank unexpectedly, the results of two surveys revealed. Read More
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Lowe's cuts outlook on weaker DIY demand
Tuesday 23 May 2023
(Sharecast News) - American hardware retailer Lowe's cut its full-year sales outlook on Tuesday on the back of weaker-than-expected DIY spending. Read More
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Shutterstock to buy Giphy from Meta for $53m
Tuesday 23 May 2023
(Sharecast News) - Shutterstock said on Tuesday that it has agreed to buy Giphy from Meta Platforms for $53m in cash. Read More
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Asia report: Most markets weaker as debt ceiling talks disappoint
Tuesday 23 May 2023
(Sharecast News) - Asia's financial markets largely closed in the red on Tuesday, as concerns over unsuccessful US debt ceiling talks overpowered investor sentiment. Read More
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US pre-open: Stocks seen touch lower ahead of more debt ceiling talks
Tuesday 23 May 2023
(Sharecast News) - US stock futures pointed to a marginally lower open on Tuesday as investors eyed further debt ceiling talks. Read More
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Cryptos rebound; Bitcoin, at $27,200 and worried about the debt ceiling
Tuesday 23 May 2023
(Sharecast News) - There´s been a rebound in the cryptocurrency market. Bitcoin (BTC) has currently dropped 0.3%, but has gained nearly 2% in the last 24 hours and is up above $27,200. For its part, E... Read More
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Eurozone growth slows in may - PMI survey
Tuesday 23 May 2023
(Sharecast News) - Eurozone business activity slowed more than expected in May as services slipped slightly and the manufacturing sector slowdown continued, according to initial survey results release... Read More
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Eurozone growth slows in may - PMI survey
Tuesday 23 May 2023
(Sharecast News) - Eurozone business activity slowed more than expected in May as services slipped slightly and the manufacturing sector slowdown continued, according to initial survey results release... Read More
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US close: Stocks mixed as debt ceiling talks restart
Monday 22 May 2023
(Sharecast News) - Wall Street's main stock gauges showed mixed results at the close of trading on Monday, as the Nasdaq Composite rose to its highest point in nine months. Read More
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Europe close: Stocks dip with US debt ceiling talks in focus
Monday 22 May 2023
(Sharecast News) - European shares ended the day with slight losses hovered as investors monitored the outcome of talks on the US debt ceiling. Read More
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Fed's Bullard calls for two more 25bp interest rate hikes in 2023
Monday 22 May 2023
(Sharecast News) - A top US central bank official made the case for two more 25 basis point interest rate hikes in 2023. Read More
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US open: Stocks slightly mixed ahead of fresh debt ceiling talks
Monday 22 May 2023
(Sharecast News) - Wall Street's main market gauges were trading mixed at the start of the week, as investors continued to eye debt ceiling talks. Read More
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Chevron to buy PDC Energy in $6.3bn stock deal
Monday 22 May 2023
(Sharecast News) - Chevron said on Monday that it has agreed to buy PDC Energy in an all-share transaction valued at $6.3bn, or $72 per share. Read More
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PacWest Bancorp to sell $2.6bn of loans to Kennedy Wilson
Monday 22 May 2023
(Sharecast News) - PacWest Bancorp said on Monday that it has agreed to sell a portfolio of 74 real estate construction loans with an aggregate principal balance of around $2.6bn currently outstanding... Read More
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Ironwood agrees to buy VectivBio in $1bn deal
Monday 22 May 2023
(Sharecast News) - Ironwood Pharmaceuticals has agreed to buy Swiss biotech VectivBio Holding in a deal worth $1.15bn. Read More
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JPMorgan ups forecasts on back of First Republic deal
Monday 22 May 2023
(Sharecast News) - JPMorgan Chase upped its annual forecast for net interest income on Monday, following its acquisition of failed lender First Republic Bank. Read More
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Meta fined record €1.2bn over data failures
Monday 22 May 2023
(Sharecast News) - Facebook owner Meta Platforms has been fined more than €1bn for breaching European Union rules on personal data, it was announced on Monday. Read More
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US pre-open: Stocks seen muted ahead of more debt ceiling talks
Monday 22 May 2023
(Sharecast News) - US stock futures pointed to a muted open on Monday as investors continued to eye debt ceiling talks. Read More
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EZ March construction output falls 2.4%
Monday 22 May 2023
(Sharecast News) - Construction output in the euro area fell by 2.4% month-on-month in March, compared with a revised 1.7% increase in February, according to official data released by the European Uni... Read More
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Asia report: Most markets rise ahead of debt ceiling talks restart
Monday 22 May 2023
(Sharecast News) - Asia-Pacific markets closed positively for the most part on Monday, driven by investor optimism ahead of the resumption of US debt ceiling talks. Read More
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