International News
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PepsiCo profits top expectations, revenue misses slightly
Thursday 11 Jul 2024
(Sharecast News) - PepsiCo has reported a significant increase in its second-quarter profits on Thursday, surpassing Wall Street expectations despite a continuous decline in consumer demand for its sn... Read More
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BHP suspending Western Australia nickel operations
Thursday 11 Jul 2024
(Sharecast News) - BHP announced the suspension of its Nickel West operations and the West Musgrave project in Western Australia on Thursday, starting from October. Read More
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Apple and Brussels settle antitrust dispute over 'tap and go'
Thursday 11 Jul 2024
(Sharecast News) - The European Commission has approved Apple's plans to open up its contactless payments system to rivals, it was announced on Thursday, drawing a line under a long-running antitrust ... Read More
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US pre-open: Futures dip before inflation data
Thursday 11 Jul 2024
(Sharecast News) - US stock futures were pointing to a negative start on Wall Street on Thursday ahead of the release of June's consumer price index, which is expected to show a slight slowdown in inf... Read More
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Asia report: Markets join global rally as BoK holds rates
Thursday 11 Jul 2024
(Sharecast News) - Asia-Pacific markets experienced a strong rally on Thursday, driven by optimism over potential Federal Reserve rate cuts and the positive performance of US big tech stocks overnight... Read More
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Asia close: Stocks rise, Chinese third plenum and geopolitics in focus
Thursday 11 Jul 2024
(Sharecast News) - Shares were higher across most of the Asia-Pacific region, albeit sometimes with a helping hand from authorities. Read More
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Frasers Group ups stake in Hugo Boss
Thursday 11 Jul 2024
(Sharecast News) - Frasers Group has increased its stake in German fashion brand Hugo Boss, the UK retailer confirmed on Thursday. Read More
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German June CPI confirmed at 2.2%
Thursday 11 Jul 2024
(Sharecast News) - German inflation was confirmed at 2.2% in June, down from 2.4% in May, the federal statistics agency said on Thursday. Read More
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US close: Stocks sharply higher as chip stocks rally
Wednesday 10 Jul 2024
(Sharecast News) - Wall Street closed sharply higher on Wednesday after chip stocks delivered solid gains. Read More
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Europe close: Stocks rebound ahead of US CPI data
Wednesday 10 Jul 2024
(Sharecast News) - European shares were higher on Wednesday as investors eyed the release of key consumer price data due out the next day in the States and following a downdraft during the previous se... Read More
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US open: Mixed start to trading ahead of Powell testimony
Wednesday 10 Jul 2024
(Sharecast News) - Wall Street trading got off to a mixed start early on Wednesday as Jerome Powell headed to Capitol Hill for a second straight day. Read More
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Honeywell to buy Air Products' LNG business for $1.81bn
Wednesday 10 Jul 2024
(Sharecast News) - Honeywell said on Wednesday that it has agreed to buy Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81bn in cash. Read More
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3M CFO Monish Patolawala resigns
Wednesday 10 Jul 2024
(Sharecast News) - 3M said on Wednesday that president and chief financial officer Monish Patolawala has resigned with effect from 31 July to pursue another opportunity. Read More
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US pre-open: Stocks mixed ahead of Powell's House testimony
Wednesday 10 Jul 2024
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Wednesday as Jerome Powell gets set to return to Capitol Hill for a second straight day. Read More
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Volkswagen deliveries fall on China weakness, margin guidance cut
Wednesday 10 Jul 2024
(Sharecast News) - German car giant Volkswagen said vehicle deliveries inched lower in the first half as growth was held back by declines in China and the rest of Asia, just one day after it lowered i... Read More
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Asia report: Markets mixed on inflation data, RBNZ holds rates
Wednesday 10 Jul 2024
(Sharecast News) - Asia-Pacific markets exhibited a mixed performance on Wednesday, with Japanese stocks achieving new peaks following the release of expected inflation data. Read More
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New Zealand holds rates steady but notes easing inflation pressures
Wednesday 10 Jul 2024
(Sharecast News) - New Zealand's central bank kept interest rates steady on Wednesday for the eight straight meeting, but said it was confident inflation would return to its target range over the next... Read More
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China inflation unexpectedly slows to 0.2%
Wednesday 10 Jul 2024
(Sharecast News) - Chinese inflation unexpectedly slowed in June, according to figures from the National Bureau of Statistics on Wednesday, adding to concerns that consumer demand is keeping a lid on ... Read More
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US close: Stocks mixed following Powell testimony
Tuesday 09 Jul 2024
(Sharecast News) - Major indices delivered a mixed performance on Tuesday as Federal Reserve chairman Jerome Powell headed to Washington DC to testify before the Senate Banking Committee. Read More
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Fed's Powell says 'greater confidence' on falling prices still needed
Tuesday 09 Jul 2024
(Sharecast News) - The head of US central bank told lawmakers again on Tuesday that policymakers needed "greater confidence" that inflation was headed permanently lower before they could interest rate... Read More
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