International News
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Europe close: Stoxx 600 snaps nine-day win streak
Thursday 16 May 2024
(Sharecast News) - After a tentative start, European stock markets were firmly in the red on Thursday as investors chose to take profits following a nine-day winning streak that sent the Stoxx 600 ind... Read More
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AIG sells $3.8bn stake in Corebridge to Nippon Life
Thursday 16 May 2024
(Sharecast News) - American insurance giant AIG on Thursday announced the sale of a 20% stake in retirement and insurance firm Corebridge Financial to Japanese peer Nippon Life for $3.8bn. Read More
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US open: Stocks trade higher, Dow briefly crosses 40,000
Thursday 16 May 2024
(Sharecast News) - Wall Street stocks were higher early on Thursday as cooler-than-expected inflation data helped push major indices to fresh record highs. Read More
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US April import prices jump past forecasts on fuel costs
Thursday 16 May 2024
(Sharecast News) - The cost of goods purchased overseas jumped last month amid dearer prices for fuel imports. Read More
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Weekly US unemployment claims drop
Thursday 16 May 2024
(Sharecast News) - US firms continued to hold onto their workers during the latest week. Read More
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Philly Fed index declines amid drop in new orders
Thursday 16 May 2024
(Sharecast News) - Factory activity in the US mid-Atlantic region slowed a tad more than expected in May, the results of a closely-followed survey revealed. Read More
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Chevron preparing to sell UK North Sea oil and gas assets - report
Thursday 16 May 2024
(Sharecast News) - Chevron is reportedly set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the US energy firm's exit from the ageing basin after more t... Read More
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EC launches formal probe into how Meta protects minors
Thursday 16 May 2024
(Sharecast News) - The European Commission has launched formal proceedings to investigate whether Meta may have breached the Digital Services Act (DSA) through how it treats and protects minors on Fac... Read More
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US pre-open: Futures little changed as major indices hit record highs
Thursday 16 May 2024
(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Thursday as cooler-than-expected inflation data helped push major indices to fresh record highs. Read More
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Japan GDP contracts more than expected, clouds BoJ rate plans
Thursday 16 May 2024
(Sharecast News) - Japan's economy unexpectedly shrank in the first quarter as consumers tightened their belts in response to stagnant wage growth, companies cut spending and exports fell. Read More
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Roche sees positive results from weight-loss trials
Thursday 16 May 2024
(Sharecast News) - Roche reported positive trial results for its experimental weight loss treatment on Thursday, sending shares in the Swiss drugs group higher. Read More
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Asia report: Markets rise despite deeper Japan GDP contraction
Thursday 16 May 2024
(Sharecast News) - Asia-Pacific markets saw gains on Thursday, buoyed by Wall Street's record performance overnight driven by lower-than-expected inflation data in the US. Read More
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Siemens revenue stable despite fall in orders
Thursday 16 May 2024
(Sharecast News) - Siemens reported relatively stable revenue in its second quarter on Thursday, despite a 12% decline in comparable orders, reflecting a high volume of large orders in the mobility se... Read More
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US close: Stocks higher following CPI reading
Wednesday 15 May 2024
(Sharecast News) - Wall Street stocks closed higher on Wednesday as market participants digested April's all-important consumer price index report. Read More
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Europe close: Stocks at fresh highs as Eurozone exits recession, US CPI pleases
Wednesday 15 May 2024
(Sharecast News) - European shares pushed through to fresh record highs on Wednesday as the eurozone exited recession and US consumer prices dipped in year-on-year terms in April, as expected. Read More
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US open: Stocks higher following CPI reading
Wednesday 15 May 2024
(Sharecast News) - Wall Street stocks were in the green early on Wednesday as market participants digested April's all-important consumer price index report. Read More
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April US retail sales undershoot forecasts
Wednesday 15 May 2024
(Sharecast News) - American consumers reined in their spending last month, especially on motor vehicles and parts, as well as online. Read More
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US CPI increases 0.3% in April
Wednesday 15 May 2024
(Sharecast News) - Consumer goods and services prices increased 0.3% in April, according to the Bureau of Labor Statistics, principally due to higher oil prices and housing costs. Read More
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Commerzbank ups NII guidance after stellar Q1
Wednesday 15 May 2024
(Sharecast News) - German banking group Commerzbank has raised its forecast for net interest income by €200m after a strong performance in the first three months of the year - its best quarter i... Read More
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US mortgage applications rise 0.5%
Wednesday 15 May 2024
(Sharecast News) - US mortgage applications rose 0.5% in the week ended 10 May, according to the Mortgage Bankers Association of America, following on from a 2.6% jump in the previous week. Read More
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