International News
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Moncler surges on LVMH deal
Friday 27 Sep 2024
(Sharecast News) - Moncler surged on Friday after LVMH bought a 10% stake in Double R, the investment vehicle controlled by the holding company owned by Moncler chief executive and chairman Remo Ruffi... Read More
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US close: Dow claws back majority of Wednesday's losses
Thursday 26 Sep 2024
(Sharecast News) - Wall Street stocks closed higher on Thursday as major indices reclaimed a significant chunk of the previous session's losses. Read More
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Europe close: Luxury sector lifts Stoxx 600 to new record
Thursday 26 Sep 2024
(Sharecast News) - Strong gains from the luxury sector on the back of Chinese stimulus measures gave European stock markets a big boost on Thursday, sending the Stoxx 600 to another record high. Read More
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Director dealings: New Hill & Smith CEO takes up stake
Thursday 26 Sep 2024
(Sharecast News) - Hill & Smith revealed on Thursday that chief executive Rutger Helbing had acquired 10,000 ordinary shares in the FTSE 250-listed construction products manufacturer. Read More
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Second-quarter US GDP growth confirmed, but historic numbers revised up
Thursday 26 Sep 2024
(Sharecast News) - US economic activity expanded by 3% year-on-year in the second quarter of 2024, with the US Bureau of Economic Analysis confirming an earlier estimate, though GDP growth calculation... Read More
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US open: Stocks sharply higher following GDP reading, jobless claims
Thursday 26 Sep 2024
(Sharecast News) - Wall Street stocks were in the green at the bell on Thursday as major indices looked set to reclaim a chunk of yesterday's losses. Read More
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US initial jobless claims hit four-month low
Thursday 26 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 21 September, according to the Department of Labor. Read More
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Mutares tumbles as Gotham City highlights accounting irregularities
Thursday 26 Sep 2024
(Sharecast News) - German private equity firm Mutares tumbled on Thursday after Gotham City Research put out a note pointing to accounting irregularities and suggesting that the company is "increasing... Read More
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US pre-open: Futures trade higher ahead of Fed speakers, GDP reading
Thursday 26 Sep 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as major indices looked set to reclaim some of yesterday's losses. Read More
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BASF to cut dividend, list agricultural unit in restructuring plan
Thursday 26 Sep 2024
(Sharecast News) - Multinational chemicals giant BASF saw shares fall on Thursday on the back of plans to slash its dividend and dispose of non-core assets, including the potential stock-market flotat... Read More
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Commerzbank lifts financial targets
Thursday 26 Sep 2024
(Sharecast News) - Germany's Commerzbank reiterated plans to continuing growing as an independent bank on Thursday, including upping its financial targets, as it confirmed a first meeting with potenti... Read More
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Asia report: Markets pop as Beijing pledges more economic support
Thursday 26 Sep 2024
(Sharecast News) - Asia-Pacific markets saw robust gains on Thursday, buoyed by a rally in Chinese stocks following positive signals from Beijing on stimulus measures. Read More
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German consumer confidence improves, but macro outlook worsens
Thursday 26 Sep 2024
(Sharecast News) - A survey gauging consumer sentiment in Germany improved more than expected this month, but confidence still remains well below the historic average as declining economic expectation... Read More
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H&M cuts 2024 earnings target, shares fall
Thursday 26 Sep 2024
(Sharecast News) - Fashion giant Hennes & Mauritz cut its full-year margin target on Thursday, weighing on shares, after a "challenging" third quarter. Read More
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SNB cuts rates by 25 basis points to 1.0%
Thursday 26 Sep 2024
(Sharecast News) - The Swiss National Bank cut interest rates on Thursday to 1.0% from 1.25%, in line with expectations. Read More
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China pledges to step up economic support amid fears of slowdown
Thursday 26 Sep 2024
(Sharecast News) - China's leadership on Thursday pledges to increase support for the local economy, days after the country's central bank big stimulus measures amid nervousness over a slowdown. Read More
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US close: Indices retreat from record highs in quiet session
Wednesday 25 Sep 2024
(Sharecast News) - US stocks finished mostly lower on Wednesday as investors chose to take profits after the record highs seen on the Dow and S&P 500 the previous session, as optimism surrounding stim... Read More
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Europe close: Stocks inch lower as China optimism fades
Wednesday 25 Sep 2024
(Sharecast News) - Stocks across Europe finished Wednesday's session marginally lower with markets rangebound as optimism surrounding China's latest stimulus package quickly faded. Read More
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Google accuses Microsoft of anti-competitive tactics in EU cloud market
Wednesday 25 Sep 2024
(Sharecast News) - Google has accused Microsoft of using anti-competitive legacy licensing practices to lock European customers into its cloud platform. Read More
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US open: Stocks mixed following record close for Dow
Wednesday 25 Sep 2024
(Sharecast News) - Wall Street stocks were early on Wednesday following the Dow Jones and S&P 500's record close in the previous session. Read More
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