International News
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Eurozone construction output sees tepid growth in March
Tuesday 20 May 2025
(Sharecast News) - Construction output in the eurozone inched higher in March, according to data from Eurostat, though the year-on-year rate of change showed the sharpest drop in activity in five mont... Read More
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US pre-open: Stocks retreat as caution sets in, Home Depot rises
Tuesday 20 May 2025
(Sharecast News) - US stock futures were pointing to a weaker start on Wall Street on Tuesday, with the S&P 500 poised to retreat after five days in positive territory. Read More
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PBOC trims benchmark rates to fresh low
Tuesday 20 May 2025
(Sharecast News) - China cut its key lending rates on Tuesday, as widely predicted, as the country looked to shore up the economy amid heightened trade tensions. Read More
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Australia cuts interest rates to two-year low, warns on US tariff hit
Tuesday 20 May 2025
(Sharecast News) - Australia's central bank on Tuesday cut its benchmark interest rate to a two-year low, citing the uncertainty caused by US tariffs and cooling domestic inflation. Read More
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US close: Stocks erase losses as bond yields ease
Monday 19 May 2025
(Sharecast News) - US stock markets shrugged off a shaky start to finish marginally higher on Monday despite concerns surrounding the impact of a downgrade of the creditworthiness of America's debt. Read More
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Europe close: Stocks erase earlier losses to finish flat
Monday 19 May 2025
(Sharecast News) - After being in the red for most of Monday's session, European stock markets rallied late on to finish flat, supported by a wide-ranging trade and defence deal between the UK and EU. Read More
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Blackstone Infrastructure to buy utility firm TXNM for $11.5bn
Monday 19 May 2025
(Sharecast News) - Shares in TXNM Energy were on the rise on Monday after Blackstone Infrastructure announced plans to buy the New Mexico-based electricity provider for $11.5bn. Read More
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US open: Stocks pull back from 12-week high as uncertainty builds
Monday 19 May 2025
(Sharecast News) - US stocks fell from the off on Monday as investors reacted to a downgrade of America's credit rating and concerning comments about potential tariff hikes from the head of the Treasu... Read More
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UK-EU agree Brexit reset
Monday 19 May 2025
(Sharecast News) - The UK and European Union have agreed a wide-ranging deal on trade and defence, it was confirmed on Monday, following months of negotiations. Read More
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European Commission slashes GDP forecasts on tariff impact
Monday 19 May 2025
(Sharecast News) - The European Commission has slashed its forecasts for economic growth across the EU and eurozone over the next two years as trade tariffs hit activity more than previously thought. Read More
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Eurozone inflation holds steady in April
Monday 19 May 2025
(Sharecast News) - Eurozone inflation was unchanged in April, official data confirmed on Monday, in line with expectations. Read More
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US pre-open: Stocks set to drop on tariff concerns, Moody's downgrade
Monday 19 May 2025
(Sharecast News) - Warnings from the Treasury secretary about potential tariff hikes and a downgrade of the US credit rating by Moody's was set to weigh heavily on stock markets on Monday, with Wall S... Read More
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Asia report: Markets fall on US credit downgrade, trade concerns
Monday 19 May 2025
(Sharecast News) - Asia-Pacific markets declined on Monday as investors reacted to fresh concerns over US fiscal stability and signs of continued softness in Chinese consumer spending. Read More
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Santander UK to freeze salaries, mulls further job cuts - report
Monday 19 May 2025
(Sharecast News) - Banco Santander's UK arm is freezing salaries and considering further job cuts, it was reported on Monday, as it continues to shake up the business. Read More
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US close: Stocks finish week off strong as investors shrug off weak data
Friday 16 May 2025
(Sharecast News) - US stock markets finished out a strong week in solid fashion, with all three Wall Street benchmarks putting in decent gains as investors shrugged off gloomy economic data to focus o... Read More
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Europe close: Stocks rise, notch fifth week of gains
Friday 16 May 2025
(Sharecast News) - European stocks pushed higher on Friday, registering their fifth consecutive week of gains, with decent gains in the luxury sector providing a boost after Richemont beat market fore... Read More
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US consumer confidence drops to three-year low on tariff jitters, inflation fears
Friday 16 May 2025
(Sharecast News) - Consumer confidence in the United States dropped this month to its lowest level in nearly three years, as tariff uncertainty and rising inflation expectations hammered sentiment. Read More
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US open: Markets rangebound as consumer confidence drops
Friday 16 May 2025
(Sharecast News) - US stock markets opened with marginal gains on Friday as investors refrained from taking on too much risk following the recent rally, with upside limited by a much worse-than-expect... Read More
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Novo Nordisk ousts chief executive
Friday 16 May 2025
(Sharecast News) - The chief executive of Ozempic-maker Novo Nordisk is to leave the company, it was announced on Friday, just days after the Danish biotech slashed its full-year forecasts. Read More
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US building permits fall as housing starts show tepid growth
Friday 16 May 2025
(Sharecast News) - Building permits in the United States fell more than expected in April to their lowest level in nearly a year, according to data out on Friday from the Census Bureau, while housing ... Read More
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