International News
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Bristol Myers Squibb to buy Karuna Therapeutics for $14bn
Friday 22 Dec 2023
(Sharecast News) - Biopharmaceuticals giant Bristol Myers Squibb has announced it is spending $14bn to purchase Karuna Therapeutics, which develops treatments for people living with psychiatric and ne... Read More
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Gaming stocks tank as China restricts spending and time incentives
Friday 22 Dec 2023
(Sharecast News) - Shares in global gaming developers tumbled on Friday after the government unveiled new proposals to restrict incentives used by companies to encourage in-game spending and more freq... Read More
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Asia report: Markets mixed as Japan inflation slows
Friday 22 Dec 2023
(Sharecast News) - Asia-Pacific markets showed a mixed performance on Friday, as investors digested the minutes of the last Bank of Japan meeting. Read More
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US close: Stocks resume December rally
Thursday 21 Dec 2023
(Sharecast News) - Wall Street stocks resumed their recent rally on Thursday after registering some heavy losses in the previous session. Read More
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Europe close: Shares lower despite US jobless data as UK numbers hit sentiment
Thursday 21 Dec 2023
(Sharecast News) - European shares closed lower on Thursday, despite better-than-expected US jobless data, as UK government borrowing numbers and weak retail sales figures hit sentiment. Read More
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US open: Dow Jones reclaims some of yesterday's losses
Thursday 21 Dec 2023
(Sharecast News) - Wall Street stocks were in the green early on Thursday after registering some heavy losses in the previous session. Read More
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Angola set to leave OPEC, oil minister confirms
Thursday 21 Dec 2023
(Sharecast News) - Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) which is thought to be in response to the cartel's demands to cut output to ensure price stability. Read More
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Philly Fed manufacturing index drops sharply in December
Thursday 21 Dec 2023
(Sharecast News) - The downturn in manufacturing activity in the Philadelphia region worsened more than expected in December, according to the Philly Federal Reserve on Thursday. Read More
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US third-quarter GDP revised down to 4.9%
Thursday 21 Dec 2023
(Sharecast News) - The US economy grew less than previously estimated in the third quarter, according to figures released on Thursday by the Commerce Department. Read More
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US jobless claims rise by 2,000, remain near two-month low
Thursday 21 Dec 2023
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 16 December but remained near the previous week's two-month low. Read More
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US pre-open: Futures trade higher following yesterday's losses
Thursday 21 Dec 2023
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday after registering some heavy losses in the previous session. Read More
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Asia report: Most markets fall after Wall Street sell-off
Thursday 21 Dec 2023
(Sharecast News) - Asia-Pacific markets saw a mixed performance on Thursday, influenced by Wall Street's decline overnight. Read More
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Swisscom weighing offer for Vodafone's Italian business
Thursday 21 Dec 2023
(Sharecast News) - Swiss telecommunications firm Swisscom has been mulling over an offer for Vodafone's Italian operations early next year, according to Bloomberg, potentially countering a rival bid f... Read More
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Warner Bros and Paramount in early merger talks
Thursday 21 Dec 2023
(Sharecast News) - Warner Bros Discovery and Paramount Global were said to be in early merger talks, a deal that would ring together two of Hollywood's 'Big Five' studios. Read More
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US close: Stocks sharply lower as investors look to take profits
Wednesday 20 Dec 2023
(Sharecast News) - Wall Street stocks closed sharply lower on Wednesday, snapping major averages' recent positive run as investors took some profits. Read More
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Europe close: Stoxx 600 edges higher, but London stocks outperform
Wednesday 20 Dec 2023
(Sharecast News) - European stock markets finished in a mixed fashion on Wednesday, with only mild gains for the Stoxx 600, though the FTSE 100 outperformed the rest of the continent after data showed... Read More
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US open: Dow Jones flat following ninth-straight winning session
Wednesday 20 Dec 2023
(Sharecast News) - Wall Street stocks were slightly higher at the bell on Wednesday, narrowly extending major averages' positive run of late. Read More
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US existing home sales register first increase in five months
Wednesday 20 Dec 2023
(Sharecast News) - US existing home sales increased month-on-month in November for their first increase in five months. Read More
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US consumer confidence jumps in December as outlook improves
Wednesday 20 Dec 2023
(Sharecast News) - Consumer confidence in the US jumped in December, according to the Conference Board, as perceptions of current and future conditions turned more optimistic. Read More
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FedEx cuts FY revenue forecasts amid weak demand
Wednesday 20 Dec 2023
(Sharecast News) - Logistics firm FedEx was in the red early on Wednesday after it cut revenue forecasts amid weaker demand. Read More
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