International News
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Johnson Matthey inks long-term supply and development agreement with Plug Power
Tuesday 31 Jan 2023
(Sharecast News) - Johnson Matthey inked a long-term strategic partnership to supply Plug Power with the advanced materials necessary for its fuel cells and electrolysers from 2023. Read More
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Cryptocurrencies turn downward, worried about corporate earnings and the Fed
Tuesday 31 Jan 2023
(Sharecast News) - The cryptocurrency market turns downward. Bitcoin (BTC) shifts after coming close to $24,000 and loses $23,000 after dropping nearly 2.8% in the last 24 hours. Ethereum´s (ETH) fall... Read More
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French inflation rises to 7% in January as energy costs climb
Tuesday 31 Jan 2023
(Sharecast News) - French inflation rose in January, driven by higher energy prices after government support measures were withdrawn, according to preliminary figures released on Tuesday. Read More
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UK economic growth to lag behind Russia - IMF
Tuesday 31 Jan 2023
(Sharecast News) - The UK's economy will perform worse than any other advanced economy this year, including sanction-hit Russia, the International Monetary Fund has warned. Read More
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Asia report: Stocks close in the red despite China PMI rebound
Tuesday 31 Jan 2023
(Sharecast News) - Asian shares finished the Tuesday session lower after a selloff on Wall Street and ahead of a several central bank rate decisions this week, while data showing a rebound in Chinese ... Read More
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German retail sales plunge in December
Tuesday 31 Jan 2023
(Sharecast News) - Germans tightened their purse strings at the end of 2022 in response to the higher cost of food and energy. Read More
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US close: Stocks head south ahead of FOMC policy meeting
Tuesday 31 Jan 2023
(Sharecast News) - Major US indices were in the red at the end of trading on Monday as market participants gear up for a busy week of earnings season and await the Federal Reserve's latest policy deci... Read More
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US open: Stocks trade lower ahead of FOMC meeting, earnings deluge
Tuesday 31 Jan 2023
(Sharecast News) - Major US indices were in the red early on Monday as market participants gear up for a busy week of earnings season and await the Federal Reserve's latest policy decision. Read More
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Europe close: Stocks drift lower amid investor caution, mixed data
Monday 30 Jan 2023
(Sharecast News) - European shares trimmed morning losses but still finished slightly lower ahead of a week full of high-profile risk events, including central bank rate decisions in the US, UK and Eu... Read More
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Asia close: Investors cautious ahead of Federal Reserve meeting, multiple risk events
Monday 30 Jan 2023
(Sharecast News) - Investors in Asia appeared to pull in their horns ahead of a week replete with potential risk events to navigate, including the Federal Reserve's policy announcement on 1 February, ... Read More
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Facebook looks to block UK lawsuit
Monday 30 Jan 2023
(Sharecast News) - Facebook owner Meta Platforms is looking to have a collective lawsuit that was brought against it in London thrown out, it was reported on Monday. Read More
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Berenberg upgrades Tesla, says price cuts are 'investment in growth'
Monday 30 Jan 2023
(Sharecast News) - Berenberg has upgraded Tesla to 'buy' from 'hold', pointing to "misguided pricing concerns" and a share price collapse since the bank's last update. Read More
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Eurozone economic sentiment improves again in January
Monday 30 Jan 2023
(Sharecast News) - Eurozone economic sentiment improved in January for the third month in a row, according to a survey released on Monday by the European Commission. Read More
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US pre-open: Futures trade lower as investors prep for earnings heavy week
Monday 30 Jan 2023
(Sharecast News) - US stock futures were in the red ahead of the bell on Monday as market participants gear up for the busiest week of earnings season and await the Federal Reserve's latest policy dec... Read More
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Germany at risk of recession as economy weakens
Monday 30 Jan 2023
(Sharecast News) - The German economy unexpectedly shrank in the last quarter, official data showed on Monday, leaving the country facing a possible recession. Read More
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Lidl boosts spending on UK suppliers
Monday 30 Jan 2023
(Sharecast News) - Lidl is to invest a further £2bn in British food suppliers, the German discounter announced on Monday. Read More
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LVMH, L'Oreal mulling bids for Aesop - report
Monday 30 Jan 2023
(Sharecast News) - LVMH and L'Oréal are reportedly among the luxury consumer companies weighing offers for a stake in Aesop that may value the high-end cosmetics brand at $2bn or more. Read More
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Bitcoin tests $24,000 while focused on the Fed; will there be a correction?
Monday 30 Jan 2023
(Sharecast News) - Cryptocurrencies start the week on a good note. Bitcoin (BTC) is above $23,500, after rising 1.7% in the last 24 hours and touching $24,000, reaching its highest level since August ... Read More
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Philips to cut 6,000 jobs as it looks to restore profitability
Monday 30 Jan 2023
(Sharecast News) - Technology company Philips will cut as many as 6,000 jobs in an effort to restore profitability after its respiratory devices were recalled, wiping out roughly 70% of its market val... Read More
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Europe close: Stocks edge higher
Friday 27 Jan 2023
(Sharecast News) - European stocks were little changed for the most part on Friday although investor sentiment was boosted by news that German auto-supplier Bosch agreed to increase its shareholding i... Read More
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