International News
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Eurozone jobless rate unchanged for fifth straight month
Friday 03 May 2024
(Sharecast News) - The jobless rate in the eurozone held steady at a record low for the fifth straight month in March, according to figures released on Friday by Eurostat. Read More
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Credit Agricole Q1 earnings grow, corporate and investment units outperform rivals
Friday 03 May 2024
(Sharecast News) - French banking group Credit Agricole said on Friday that first-quarter earnings had grown as its corporate and investment banking units outperformed rivals. Read More
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Societe Generale maintains targets after Q1 profit beat
Friday 03 May 2024
(Sharecast News) - Shares in French banking giant Société Générale surged on Friday after the company reiterated its full-year guidance despite a sharp drop in profits in the first quarter as it beat ... Read More
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Asia report: Stocks mixed as yen strengthens further
Friday 03 May 2024
(Sharecast News) - Hong Kong emerged as a frontrunner in the Asia-Pacific markets on Friday, buoyed by overnight gains on Wall Street. Read More
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US close: Tech stocks lead the surge
Thursday 02 May 2024
(Sharecast News) - US stocks rose strongly on Thursday with tech names leading the surge as investors continued to absorb comments from the Federal Reserve the previous session, who reassured that int... Read More
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Europe close: Stocks finish mostly lower as data disappoints
Thursday 02 May 2024
(Sharecast News) - European stock markets finished in mixed fashion on Thursday with the regional Stoxx 600 slipping into the red by the close as investors were met with weak economic data as they ret... Read More
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Goldman Sachs to scrap bonus cap for UK dealmakers
Thursday 02 May 2024
(Sharecast News) - Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performin... Read More
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Gazprom swings to $6.9bn loss as Europe sales plunge
Thursday 02 May 2024
(Sharecast News) - Russia's natural gas heavyweight Gazprom swung to huge loss in 2023 after sales to Europe dropped due to Western sanctions on Moscow. Read More
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Peloton announces CEO departure; to cut 15% of workforce
Thursday 02 May 2024
(Sharecast News) - Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expens... Read More
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Moderna bets big on RSV vaccine as full-year guidance unchanged
Thursday 02 May 2024
(Sharecast News) - Moderna saw its share price surge on Thursday after posting a smaller-than-expected quarterly loss as the Covid vaccine maker sets its sights on regulatory approvals of its second p... Read More
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US open: Stocks higher following FOMC decision
Thursday 02 May 2024
(Sharecast News) - Wall Street trading got off to a positive start on Thursday as investors continued to feast on corporate earnings and another slew of data points. Read More
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London cabbies launch £250m legal action against Uber
Thursday 02 May 2024
(Sharecast News) - Uber Technologies is facing legal action on behalf of more than 10,500 London black cab drivers, it was confirmed on Thursday. Read More
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ArcelorMittal smashes profit forecasts in first quarter
Thursday 02 May 2024
(Sharecast News) - Luxembourg-based steel titan ArcelorMittal beat forecasts with its first-quarter profits on Thursday as it painted a positive outlook for global steel demand. Read More
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US jobless claims hold steady in week ended 26 April
Thursday 02 May 2024
(Sharecast News) - The number of Americans lining up for unemployment benefits was unchanged at 208,000 in the week ended 27 April, according to the Labor Department, remaining at the lowest level in ... Read More
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U.S. foreign trade deficit little changed in March, consumer goods imports strong
Thursday 02 May 2024
(Sharecast News) - America's shortfall on trade with the rest of the world was little changed in March, as both exports and imports suffered large declines. Read More
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US unit labour cost growth exceeds forecasts in Q1
Thursday 02 May 2024
(Sharecast News) - Workers' productivity in the U.S. slowed more sharply than anticipated at the start of 2024, pushing labour costs much higher. Read More
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German manufacturing downturn eases slightly - PMI
Thursday 02 May 2024
(Sharecast News) - The downturn in Germany's hard-pressed manufacturing sector eased marginally last month, a closely-watched survey showed on Thursday, although it remained in contraction. Read More
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US pre-open: Futures higher following Fed rate decision
Thursday 02 May 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as investors continued to feast on corporate earnings. Read More
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Hugo Boss shares tank as APAC sales miss forecasts
Thursday 02 May 2024
(Sharecast News) - Shares in Hugo Boss tanked on Thursday despite first-quarter results beating forecasts, as the German fashion group reported falling sales in the key market of China. Read More
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Maersk lifts profit guidance, expects Red Sea disruption to continue
Thursday 02 May 2024
(Sharecast News) - Danish shipping and logistics giant A.P. Møller - Mærsk has lifted its 2024 profit guidance, saying that Red Sea disruptions are likely to continue for the rest of the year. Read More
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