International News
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Big Lots shares dive as Q1 results miss forecasts
Thursday 06 Jun 2024
(Sharecast News) - The share price of Big Lots plunged by a fifth on Thursday after the American discount chain reported a big drop in sales and a wider-than-expected loss in its first quarter which i... Read More
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US jobless claims come in ahead of expectations
Thursday 06 Jun 2024
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 1 June, according to the Department of Labor. Read More
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ECB cuts rates for first time in five years
Thursday 06 Jun 2024
(Sharecast News) - The European Central Bank cut interest rates by 25 basis points on Thursday, as widely expected. Read More
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ECB cuts rates for first time in five years
Thursday 06 Jun 2024
(Sharecast News) - The European Central Bank cut interest rates by 25 basis points on Thursday, as widely expected. Read More
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US pre-open: Futures little changed following Nvidia's record-setting rally
Thursday 06 Jun 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday as market participants awaited the release of this week's jobless claims data from the Labor Department. Read More
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US regulators take aim at Big Tech's role in AI - report
Thursday 06 Jun 2024
(Sharecast News) - US antitrust regulators are to investigate Microsoft, OpenAI and Nvidia over their roles in the artificial intelligence industry, it was reported on Thursday. Read More
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Eurozone retail sales fall more than expected
Thursday 06 Jun 2024
(Sharecast News) - Retail sales in the eurozone fell more than expected in April declining across all major categories, according to data released on Thursday by Eurostat. Read More
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Eurozone construction sector continues to struggle
Thursday 06 Jun 2024
(Sharecast News) - The Eurozone's beleaguered construction sector saw another sharp fall in orders in May, official data showed on Thursday, weighing heavily on employment. Read More
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Commodity trader Trafigura sees profits drop as market normalises
Thursday 06 Jun 2024
(Sharecast News) - Singaporean commodity trading giant Trafigura saw profits slide in the first half of its financial year, with underlying earnings nearly halving as markets normalised following a pe... Read More
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Asia report: Markets rally as rate cut bets start to firm
Thursday 06 Jun 2024
(Sharecast News) - Asian shares were largely positive on Thursday on as investors awaited a widely forecast cut in interest rates from the European Central Bank, while hopes were also rising for a sim... Read More
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German factory orders decline for fourth straight month
Thursday 06 Jun 2024
(Sharecast News) - Factory orders in Germany registered an unexpected fall in April, declining for the fourth month in a row despite predictions of a slight rebound. Read More
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US close: S&P 500, Nasdaq hit new highs as Nvidia leads tech stocks higher
Wednesday 05 Jun 2024
(Sharecast News) - US stocks rose strongly on Wednesday with the S&P 500 and Nasdaq both finishing at new record highs on the back a big surge in the share price of chipmaker Nvidia, which topped a ne... Read More
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Europe close: Stocks bounce back
Wednesday 05 Jun 2024
(Sharecast News) - European shares extended gains on Wednesday as a softer US jobs market report increased hopes of a cut in US interest rates, while investors also looked ahead to a similar move from... Read More
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Bank of Canada cuts rates by 25 basis points, as expected
Wednesday 05 Jun 2024
(Sharecast News) - The Bank of Canada cut interest rates on Wednesday by 25 basis points, as widely expected. Read More
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US open: Stocks mixed as traders digest ADP reading
Wednesday 05 Jun 2024
(Sharecast News) - Wall Street stocks were mixed early on Wednesday as market participants digested a number of data points. Read More
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US services activity recovers in May, ISM says
Wednesday 05 Jun 2024
(Sharecast News) - Activity in the US services sector improved noticeably during the previous month, the results of a closely followed survey showed. Read More
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US services activity picks up in May, S&P says
Wednesday 05 Jun 2024
(Sharecast News) - Services sector activity in the States picked up noticeably midway through the second quarter of 2024, the results of a survey revealed. Read More
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HanesBrands to sell Champion to Authentic for up to $1.5bn
Wednesday 05 Jun 2024
(Sharecast News) - HanesBrands said on Wednesday that it has agreed to sell its Champion business to Authentic Brands Group for up to $1.5bn. Read More
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SAP to snap up WalkMe in $1.5bn deal
Wednesday 05 Jun 2024
(Sharecast News) - German software giant SAP has agreed to buy WalkMe in a $1.5bn deal, it was confirmed on Wednesday, sending shares in the Israel-based firm soaring. Read More
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US private sector adds fewer jobs than expected in May - ADP
Wednesday 05 Jun 2024
(Sharecast News) - Private sector employment in the US rose less than expected in May, according to figures released on Wednesday by ADP. Read More
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