International News
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US open: Stocks jump on the back of slightly better-than-expected data
Friday 31 Jan 2025
(Sharecast News) - Wall Street was moving higher still shortly after the open, on the back of slightly better-than-expected readings for US consumption and on the outlook for inflation. Read More
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Exxon Q4 beats estimates on higher Permian, Guyana output
Friday 31 Jan 2025
(Sharecast News) - US oil giant Exxon Mobil fourth quarter profits beat estimates, despite weaker oil prices and refining margins, driven by increased production in the Permian basin at home, and in G... Read More
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Offshore wind developer Orsted CEO Mads Nipper to step down
Friday 31 Jan 2025
(Sharecast News) - Offshore wind developer Orsted said on Friday that Mads Nipper was stepping down from his position as president and chief executive, to be replaced by Rasmus Errboe, who is currentl... Read More
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US consumer spending accelerates in December, price gains ebb
Friday 31 Jan 2025
(Sharecast News) - Americans spent more freely at the tail-end of 2024, while price pressures ebbed as forecast. Read More
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German CPI posts surprise fall in January
Friday 31 Jan 2025
(Sharecast News) - German inflation has unexpectedly fallen to 2.3% this month, according to official flash estimates published on Friday. Read More
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Chevron adjusted earnings fall short of estimates
Friday 31 Jan 2025
(Sharecast News) - Texas-based energy giant Chevron reported fourth-quarter earnings of $3.2bn on Friday, an increase from $2.3bn a year earlier, although adjusted earnings of $3.6bn fell short of ana... Read More
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US pre-open: Stocks seen up ahead of inflation reading; Apple gains
Friday 31 Jan 2025
(Sharecast News) - US futures pointed to a firmer open on Wall Street on Friday as investors eyed the latest inflation reading. Read More
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Novartis impresses with Q4 beat, 2025 outlook
Friday 31 Jan 2025
(Sharecast News) - Pharma giant Novartis comfortably beat market forecasts with its fourth-quarter results on Friday, with the Swiss firm pointing to further growth in sales and profits in 2025. Read More
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Asia report: SK Hynix drags Kospi down on return from holiday
Friday 31 Jan 2025
(Sharecast News) - Asian markets mostly advanced on Friday, following gains in US equities as investors assessed Big Tech earnings. Read More
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German unemployment rate hits four-year high
Friday 31 Jan 2025
(Sharecast News) - The unemployment rate in Germany has risen to its highest in more than four years with manufacturing layoffs partly to blame, according to government statistics on Friday. Read More
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German retail sales see sharpest decline in two years
Friday 31 Jan 2025
(Sharecast News) - Retail sales in Germany unexpectedly dropped by their most in more than two years in December, according to the Federal Statistical Office (Destatis) on Friday. Read More
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US close: Stocks higher as tech earnings remain in focus
Thursday 30 Jan 2025
(Sharecast News) - Major indices turned in a positive session on Thursday as market participants digested quarterly earnings from several big-name tech firms. Read More
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US Q1 GDP growth slips but details stronger
Thursday 30 Jan 2025
(Sharecast News) - Economic activity in the US slowed at the end of 2024, but the underlying trends were much stronger. Read More
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Europe close: Stoxx 600 hits another record after ECB rate cut
Thursday 30 Jan 2025
(Sharecast News) - The Stoxx 600 index rose for the third straight day on Thursday to close at another record high after the European Central Bank cut interest rates and data showed that the eurozone ... Read More
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US open: Stocks mostly higher as tech earnings take centre stage
Thursday 30 Jan 2025
(Sharecast News) - Major indices were mostly higher early on Thursday as market participants digested quarterly earnings from several big-name tech firms. Read More
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US pending home sales unexpectedly drop
Thursday 30 Jan 2025
(Sharecast News) - US pending home sales unexpectedly slumped in December, pulling back after four straight months of growth, according to figures from the National Association of Realtors of Thursday... Read More
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Quarterly earnings charge ahead at Blackstone
Thursday 30 Jan 2025
(Sharecast News) - Fourth-quarter profits at Blackstone smashed expectations on Thursday, as assets under management at the alternative investment giant reached a record $1.13trn. Read More
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UPS shares dive on plans to scale back Amazon deliveries
Thursday 30 Jan 2025
(Sharecast News) - Shares in UPS tanked on Thursday after the delivery giant announced it is planning to lower volumes with its largest customer, Amazon.com, by at least a half by the end of next year... Read More
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US jobless claims fall sharply
Thursday 30 Jan 2025
(Sharecast News) - US jobless claims fell more than expected in the week ended 25 January, according to the Labor Department, marking a sharp pull-back from the previous week's two-month high. Read More
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ECB cuts rates, says that disinflation is 'well on track'
Thursday 30 Jan 2025
(Sharecast News) - The European Central Bank cut rates again and expressed confidence that inflation would continue to head lower. Read More
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