International News
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US open: Stocks trade higher following April retail sales data
Tuesday 17 May 2022
(Sharecast News) - Wall Street stocks were firmly in the green early on Tuesday as market participants digested last month's retail sales data. Read More
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Uber UK boss to step down - report
Tuesday 17 May 2022
(Sharecast News) - Uber Technologies' general manager for Northern Europe is to step down, it was reported on Tuesday. Read More
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US retail sales jump past forecasts in April
Tuesday 17 May 2022
(Sharecast News) - Americans continued splashing out much more than expected last month, especially on automobiles. Read More
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Eurozone economy strengthens despite Ukraine war
Tuesday 17 May 2022
(Sharecast News) - The Eurozone economy strengthened in the first quarter, official data showed on Tuesday, despite the impact of the war in Ukraine. Read More
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ECB's Knot opens door to possible 50bp interest rate hike
Tuesday 17 May 2022
(Sharecast News) - One of the European Central Bank's most hawkish officials opened the door to a possible 50bp interest rate hike if needed. Read More
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Walmart Q1 earnings fall short of expectations
Tuesday 17 May 2022
(Sharecast News) - US department store and grocery giant Walmart posted quarterly earnings that fell considerably short of estimates on Tuesday as rising costs of food and fuel weighed on the retailer... Read More
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Elon Musk warns Twitter takeover could fail over fake accounts
Tuesday 17 May 2022
(Sharecast News) - Elon Musk has warned that his $44bn takeover approach for Twitter could fail if the social media platform is unable to prove how many accounts are fake. Read More
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US pre-open: Futures in the green ahead of April retail sales figures
Tuesday 17 May 2022
(Sharecast News) - Wall Street futures were firmly in the green ahead of the bell on Tuesday as market participants awaited last month's retail sales data and digested news that Shanghai will look to ... Read More
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Asia report: Hang Seng leads bounce for region's markets
Tuesday 17 May 2022
(Sharecast News) - Stock markets closed in the green in Asia on Tuesday, with Hong Kong's bourse leading the gains, while Australia's central bank warned of further interest rate rises in its latest m... Read More
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Cryptos look for a direction to sustain the rebound; Bitcoin struggles at $30,000
Tuesday 17 May 2022
(Sharecast News) - The cryptocurrency market is swayed by what appears to be a consolidation after last week's brutal swings. A quiet Monday followed a weekend in which Bitcoin (BTC) settled into the ... Read More
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Europe close: Stocks end on mixed note amid recession concerns
Monday 16 May 2022
(Sharecast News) - European shares recovered from early selling but nevertheless finished on a mixed note following very weak industrial production and retail sales figures from China spooked investor... Read More
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US close: Dow Jones narrowly extends gains
Monday 16 May 2022
(Sharecast News) - Wall Street stocks closed mostly lower on Monday ahead of some key retail data and earnings slated for later in the week. Read More
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US open: Major indices trade lower at the bell
Monday 16 May 2022
(Sharecast News) - Wall Street stocks opened lower on Monday ahead of some key retail data and earnings slated for later in the week. Read More
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EU Commission slashes GDP growth forecasts, blames war, says worse possible
Monday 16 May 2022
(Sharecast News) - Brussels axed its short-term growth forecasts for both the European Union and the single currency area, not least as a result of the energy price shock triggered by the war in Ukrai... Read More
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EU Commission slashes GDP growth forecasts, blames war, says worse possible
Monday 16 May 2022
(Sharecast News) - Brussels axed its short-term growth forecasts for both the European Union and the single currency area, not least as a result of the energy price shock triggered by the war in Ukrai... Read More
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New York Empire State manufacturing index unexpectedly falls
Monday 16 May 2022
(Sharecast News) - The New York Empire State manufacturing index surprisingly fell to -11.6 in May, down from 24.6 in April to miss market expectations for a reading of 17. Read More
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Carlyle to buy ManTech in $4.2bn deal
Monday 16 May 2022
(Sharecast News) - US buyout firm Carlyle has agreed to buy ManTech, a provider of technologies and solutions for national security programs, in a $4.2bn deal. Read More
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JetBlue Airways launches hostile takeover bid for Spirit Airlines.
Monday 16 May 2022
(Sharecast News) - US carrier JetBlue Airways has launched a hostile all-cash takeover bid for rival Spirit Airlines. Read More
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US pre-open: Futures trade lower ahead of week of retail earnings, data
Monday 16 May 2022
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Monday ahead of some key retail data and earnings slated for later in the week. Read More
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Asia report: Stocks mixed after disappointing data from China
Monday 16 May 2022
(Sharecast News) - Stocks were mixed in Asia on Monday, with fresh data out of China missing expectations for April as the country's 'zero-Covid' policy pummelled its economic activity. Read More
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