International News
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Silvergate to cut 40% of workforce as digital asset deposits tumble
Thursday 05 Jan 2023
(Sharecast News) - Cryptocurrency bank Silvergate Capital announced job cuts on Thursday as it said customers withdrew just over $8bn of digital asset deposits in the fourth quarter in the aftermath o... Read More
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Bed Bath & Beyond considers bankruptcy, shares tumble
Thursday 05 Jan 2023
(Sharecast News) - Shares in Bed Bath & Beyond tanked on Thursday after the retailer said it was considering bankruptcy. Read More
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US job cut announcements fall back in December, Challenger says
Thursday 05 Jan 2023
(Sharecast News) - US job cut announcements fell at the end of 2022 closing off a year that saw the second-lowest total tally since 1993, the results of a closely followed survey showed. Read More
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UK govt reverses plan to sell Channel 4
Thursday 05 Jan 2023
(Sharecast News) - The UK government has performed yet another u-turn and formally abandoned controversial and unpopular plans to privatise the broadcaster Channel 4. Read More
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US private sector adds more jobs than expected in December
Thursday 05 Jan 2023
(Sharecast News) - Private sector employment in the US rose more than expected in December, according to the latest data from ADP. Read More
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US foreign trade deficit plunges in November as imports shrink sharply
Thursday 05 Jan 2023
(Sharecast News) - America's shortfall on trade with the rest of the world narrowed sharply in November. Read More
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Weekly US jobless claims come in below forecasts
Thursday 05 Jan 2023
(Sharecast News) - Unemployment claims were stronger than expected during the final week of 2022, reflecting lower layoffs and only slightly decreased hiring over holidays. Read More
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EZ construction showing 'sustained contraction' - survey
Thursday 05 Jan 2023
(Sharecast News) - The eurozone's construction sector is suffering a "sustained contraction", according to the latest PMI survey by S&P Global. Read More
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Walgreens Boots beats first quarter expectations on sales, earnings
Thursday 05 Jan 2023
(Sharecast News) - Transatlantic pharmacy giant Walgreens Boots Alliance reported a first quarter loss of $4.31 on Thursday, swinging from earnings of $4.13 per share year-on-year. Read More
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Asia report: Stocks rise as China's service sector improves
Thursday 05 Jan 2023
(Sharecast News) - Stocks in Asia were in the green at the close on Thursday, as investors digested a fresh batch of service sector data from China's private sector. Read More
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IMF's Gopinath tells FT Fed should stay the course
Thursday 05 Jan 2023
(Sharecast News) - Inflation has not turned the corner yet in the world's largest economy, the International Monetary Fund's number two official said. Read More
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IMF's Gopinath tells FT Fed should stay the course
Thursday 05 Jan 2023
(Sharecast News) - Inflation has not turned the corner yet in the world's largest economy, the International Monetary Fund's number two official said. Read More
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German exports fall in November
Thursday 05 Jan 2023
(Sharecast News) - German exports fell in November as trade with its biggest commercial partners, including China, slowed, according to official data released on Thursday. Read More
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US pre-open: Stocks seen down ahead of jobs reports
Thursday 05 Jan 2023
(Sharecast News) - US stocks looked set for a weaker open on Thursday as investors continue to digest hawkish minutes from the Federal Reserve and look to the release of the ADP report and jobless cla... Read More
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China Caixin services PMI rises in December but remains in contraction
Thursday 05 Jan 2023
(Sharecast News) - Activity in China's services sector improved in December, but remained in contraction territory. Read More
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US close: Stocks rise as investors sift through Fed minutes
Wednesday 04 Jan 2023
(Sharecast News) - Wall Street finished above the waterline on Wednesday, as market participants digested a set of Federal Reserve meeting minutes that put the prospect of interest rate cuts well and ... Read More
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Europe close: Stocks boosted by drop in energy prices, data
Wednesday 04 Jan 2023
(Sharecast News) - Ongoing and wholly unexpected declines in energy quotes globally buoyed stocks towards their first half 2022 levels, in part as unusually mild weather continued across the Continent... Read More
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US factory sector activity cools a bit more in December, ISM says
Wednesday 04 Jan 2023
(Sharecast News) - Activity in the US manufacturing sector cooled a bit more but roughly as expected during the last month of 2022, the results of a closely-followed survey showed. Read More
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Fed's Kashkari lays out case for Fed funds rate at 5.4%, sounds hawkish note
Wednesday 04 Jan 2023
(Sharecast News) - A top US central bank official laid out on Wednesday his reasoning for the need to raise interest rates by more than financial markets were currently anticipating. Read More
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US job openings remain near cycle highs in November, quits tick higher
Wednesday 04 Jan 2023
(Sharecast News) - A key gauge of labour market tightness in the US was little changed towards the end of 2022, contrary to expectations, the results of a closely-followed survey revealed. Read More
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