International News
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Europe close: Stocks notch solid gains as ECB cuts rates
Thursday 12 Sep 2024
(Sharecast News) - European stocks rose for the second straight day on Thursday after the European Central Bank kept to the script to cut interest rates for the second time this year. Read More
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Kroger shares pop on Q2 earnings beat, updated guidance
Thursday 12 Sep 2024
(Sharecast News) - Kroger shares were popping on Thursday, as investors digested the grocer's updated guidance following a mixed second-quarter performance. Read More
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General Mills offloads yoghurt operations in $2.1bn deal
Thursday 12 Sep 2024
(Sharecast News) - US food manufacturer General Mills has announced the split-up and sale of its North American yoghurt business to French dairy companies in a $2.1bn deal. Read More
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US open: Stocks mixed following PPI reading
Thursday 12 Sep 2024
(Sharecast News) - Wall Street trading got off to a mixed start early on Thursday as traders digested more inflation data following yesterday's consumer price index report. Read More
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Moderna to slash R&D budget, shares fall
Thursday 12 Sep 2024
(Sharecast News) - Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn. Read More
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ECB cuts rates by 25 basis points as expected
Thursday 12 Sep 2024
(Sharecast News) - The European Central Bank cut interest rates on Thursday by 25 basis points to 3.5%, as widely expected, pointing to a slowdown in inflation. Read More
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US producer prices rise a tad more quickly than expected, core ahead of forecasts
Thursday 12 Sep 2024
(Sharecast News) - Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level. Read More
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US jobless claims rise to 230,000
Thursday 12 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations. Read More
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Microsoft cuts 650 jobs in video game division
Thursday 12 Sep 2024
(Sharecast News) - Microsoft is cutting 650 jobs from its video game division, according to a company email seen by The Wall Street Journal on Thursday. Read More
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Mastercard to buy cyber defence firm Recorded Future for $2.65bn
Thursday 12 Sep 2024
(Sharecast News) - Mastercard said on Thursday that it has agreed to buy cyber defence company Recorded Future from Insight Partners for $2.65bn. Read More
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US pre-open: Futures higher ahead of PPI reading
Thursday 12 Sep 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as traders patiently awaited more inflation data following yesterday's consumer price index. Read More
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IEA trims forecasts as demand for oil slows
Thursday 12 Sep 2024
(Sharecast News) - Global demand for oil is slowing "sharply", the International Energy Agency said on Thursday, as it trimmed annual growth forecasts. Read More
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Asia report: Markets buoyant on global tech rally
Thursday 12 Sep 2024
(Sharecast News) - Asian markets experienced a broadly positive trading session today, with gains driven primarily by a tech rally that spread across the region following strong performances on Wall S... Read More
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US close: Stocks race higher as investors digest inflation figures
Thursday 12 Sep 2024
(Sharecast News) - Despite an earlier wobble, US equity markets raced into positive territory on Wednesday as investors assessed a key inflation report and what it means for interest rates ahead of th... Read More
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Europe close: Stocks little changed after mixed US CPI, bank M&A in focus
Wednesday 11 Sep 2024
(Sharecast News) - European equity markets put in a mixed showing on Wednesday following the release of a somewhat mixed report on US consumer prices. Read More
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Manchester United full-year losses widen
Wednesday 11 Sep 2024
(Sharecast News) - Manchester United reported a net loss of £113.2m for the year ended 30 June on Wednesday, although the football club maintained that it was in compliance with both the Premier Leagu... Read More
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US open: Stocks sharply lower following August CPI report
Wednesday 11 Sep 2024
(Sharecast News) - Wall Street stocks were firmly in the early on Wednesday as market participants digested last month's consumer inflation report. Read More
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US inflation undershoots forecasts in August, core CPI picks up
Wednesday 11 Sep 2024
(Sharecast News) - The rate of increase in the cost of living in the US slowed sharply last month, as food inflation slowed and energy prices fell. Read More
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Tata Steel secures £500m for Port Talbot; 2,500 jobs lost
Wednesday 11 Sep 2024
(Sharecast News) - The government has agreed to pay Tata Steel £500m to help redevelop the Port Talbot steelworks, it was announced on Wednesday, securing the site's future. Read More
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Inditex posts jump in sales, shares spark
Wednesday 11 Sep 2024
(Sharecast News) - Zara-owner Inditex posted a jump in autumn sales on Wednesday, as it flagged "very robust" trading during the first half. Read More
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