International News
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US jobless claims drop by 5,000
Thursday 05 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 31 August, according to the Department of Labor. Read More
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Verizon to buy Frontier Communications in $20bn cash deal
Thursday 05 Sep 2024
(Sharecast News) - Verizon Communications said on Thursday that it has agreed to buy Frontier Communications, the largest pure-play fibre internet provider in the US, for $20bn in cash. Read More
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US pre-open: Futures little changed ahead of jobs data
Thursday 05 Sep 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday as market participants looked ahead to a number of data points that should provide more insight into the curren... Read More
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US layoff announcements surge in August, hiring plans at record low
Thursday 05 Sep 2024
(Sharecast News) - There was a surge in layoff announcements at US companies last month, while hiring plans were at their lowest ebb ever recorded, the results of a survey revealed. Read More
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Eurozone retail sales struggle in July
Thursday 05 Sep 2024
(Sharecast News) - Eurozone retail sales edged only marginally higher in July, official data showed on Thursday, as a recovery struggled to take hold. Read More
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Asia report: Markets mixed as wage growth softens in Japan
Thursday 05 Sep 2024
(Sharecast News) - Asia-Pacific markets ended mixed on Thursday following a sharp sell-off in the previous session. Read More
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Eurozone construction new orders fall 'markedly' - PMI survey
Thursday 05 Sep 2024
(Sharecast News) - Construction activity in the eurozone remained in the doldrums during August with a sharp fall in new orders and rising prices causing concern as employers laid off staff, according... Read More
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German factory orders rise as large-scale orders grow
Thursday 05 Sep 2024
(Sharecast News) - German factory orders rose by 2.9% month-on-month in July, according to the Federal Statistical Office, beating market calls for a 1.5% drop and following June's upwardly revised 4.... Read More
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Europe close: Tech paces losses, French and Spanish politics in the headlines
Wednesday 04 Sep 2024
(Sharecast News) - European shares finished down again on Wednesday on the back of softer-than-expected readings for Chinese services sector activity and US job openings. Read More
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US close: Dow does little to reclaim Tuesday's heavy losses
Wednesday 04 Sep 2024
(Sharecast News) - Major indices turned in a mixed performance on Wednesday as the blue-chip Dow Jones managed to claw back some of yesterday's losses. Read More
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Sixth Street, Patron reportedly considering bid for L&G-owned housebuilder Cala
Wednesday 04 Sep 2024
(Sharecast News) - US investment firm Sixth Street has partnered with Patron Capital Partners to compete against FTSE 100 housebuilder Persimmon in the bid to acquire privately-held UK housebuilder Ca... Read More
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Bank of Canada cuts rates for third time in a row, to 4.25%
Wednesday 04 Sep 2024
(Sharecast News) - The Bank of Canada cut its benchmark rate on Wednesday to 4.25% from 4.5%, in line with economists' expectations, amid easing inflationary pressures. Read More
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US job openings fall short of forecasts in July, but hiring and quits rise
Wednesday 04 Sep 2024
(Sharecast News) - The number of open job positions in the US slipped in July, but Americans were a tad more confident when it came to risking trying to change employers. Read More
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US open: Stocks mixed as Dow attempts to claw back losses
Wednesday 04 Sep 2024
(Sharecast News) - Wall Street stocks were mixed early on Wednesday as the blue-chip Dow Jones attempted to claw back some of yesterday's losses. Read More
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CMA clears Microsoft acquisition of Inflection AI assets
Wednesday 04 Sep 2024
(Sharecast News) - The Competition and Markets Authority (CMA) has approved Microsoft's acquisition of key personnel and intellectual property from Inflection AI, it announced on Wednesday, determinin... Read More
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Nordstrom gets $23 a share buyout proposal from family founders, Liverpool
Wednesday 04 Sep 2024
(Sharecast News) - Nordstrom confirmed on Wednesday that it has received a buyout proposal from members of the Nordstrom family and Mexican retailer El Puerto de Liverpool (Liverpool) at $23 per share... Read More
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US trade deficit yawns wider in July amid jump in technology imports
Wednesday 04 Sep 2024
(Sharecast News) - America's shortfall on trade with the rest of the world worsened as expected in July as outlays on imports surged. Read More
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US pre-open: Futures trade lower following heavy losses in previous session
Wednesday 04 Sep 2024
(Sharecast News) - Wall Street futures were in the red again ahead of the bell on Wednesday as re-emerging recession fears led to heavy losses in the previous session. Read More
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Service activity boosts eurozone private sector in August
Wednesday 04 Sep 2024
(Sharecast News) - The eurozone's private sector experienced its fastest growth in three months during August, driven by a stronger services sector, according to the latest Hamburg Commercial Bank (HC... Read More
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Asia report: Markets fall on fresh US economic jitters
Wednesday 04 Sep 2024
(Sharecast News) - Asia-Pacific markets fell sharply on Wednesday, driven by Japan's worst single-day drop since early August amid growing recession fears following a sell-off in US tech stocks overni... Read More
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