International News
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Biogen to axe 1,000 jobs as part of cost-cutting strategy
Tuesday 25 Jul 2023
(Sharecast News) - US biopharmaceutical firm Biogen announced that it would trim its workforce by 1,000 jobs on Tuesday, as part of a cost reduction strategy. Read More
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Amazon cuts price for iRobot to $51.75 a share
Tuesday 25 Jul 2023
(Sharecast News) - Amazon said on Tuesday that it will now pay less for Roomba vacuum maker iRobot after it entered into a $200m financing facility. Read More
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IMF lifts global growth forecasts; Sees softer landing for major economies
Tuesday 25 Jul 2023
(Sharecast News) - The global economy is heading for a softer landing than first feared after the International Monetary Fund on Tuesday upgraded its growth forecast for the year. Read More
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US pre-open: Stocks seen mostly higher ahead of Fed meeting, tech earnings
Tuesday 25 Jul 2023
(Sharecast News) - US futures pointed to a mostly higher open on Wall Street on Tuesday as investors eyed the start of the Federal Reserve's two-day policy meeting and earnings from the likes of Alpha... Read More
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Cryptos are showing signs of weakness; Bitcoin is close to losing $29,000
Tuesday 25 Jul 2023
(Sharecast News) - The cryptocurrency market continues to show signs of weakness. Bitcoin (BTC) has fallen nearly 2% in the last 24 hours and threatens to lose $29,000, while Ethereum (ETH) has droppe... Read More
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German business sentiment deteriorates further
Tuesday 25 Jul 2023
(Sharecast News) - German business sentiment deteriorated further in July, according to a survey released on Tuesday by the Ifo Institute. Read More
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Asia report: Chinese property stocks lead Hong Kong surge
Tuesday 25 Jul 2023
(Sharecast News) - Markets in the Asia-Pacific region closed Tuesday's trading session in a mixed state, with considerable gains registered in China and Hong Kong on the back of a fresh pledge of supp... Read More
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US close: Dow extends winning streak ahead of next Fed decision
Tuesday 25 Jul 2023
(Sharecast News) - Monday ended on a high note on Wall Street as major indices managed to secure positive finishes. Read More
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Europe close: Shares shrug PMIs as attention shifts to rate move implications
Monday 24 Jul 2023
(Sharecast News) - European stock markets shrugged off weak eurozone flash PMI data and looked ahead to see how it would impact the European Central Bank's future moves on interest rates when it meets... Read More
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US open: Stocks modestly higher despite soft PMIs
Monday 24 Jul 2023
(Sharecast News) - Trading on Wall Street got off to a positive start in a potentially eventful week. Read More
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US private sector output slows in July, S&P Global says
Monday 24 Jul 2023
(Sharecast News) - Private sector output in the States slowed further in July, even as price pressures remained 'sticky', survey results showed. Read More
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US pre-open: Higher start expected on the Street
Monday 24 Jul 2023
(Sharecast News) - Wall Street looked for set for a higher start at the beginning of a potentially eventful week. Read More
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Asia report: Markets mixed on back of fresh services, trade data
Monday 24 Jul 2023
(Sharecast News) - Stock markets in the Asia-Pacific region closed with mixed results on Monday, as investors digested a range of key economic releases across the region. Read More
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Cryptos fall; Bitcoin barely moves and looks ahead to Fed meeting
Monday 24 Jul 2023
(Sharecast News) - Cryptos fall. Bitcoin (BTC) drops 0.3% to around $29,800, while Ethereum (ETH) trades practically flat at $1,870. Read More
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Activity in euro area services and at factories slows further in July
Monday 24 Jul 2023
(Sharecast News) - Activity levels in the single currency bloc's factory and services sectors slowed further in July, closely followed survey results showed. Read More
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Europe close: Stocks end mostly higher despite drag from Tech
Friday 21 Jul 2023
(Sharecast News) - Stocks on the Continent traded mostly on the front foot at the end of the week, helped by the positive tone to trading on Wall Street. Read More
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US open: Stocks look set to end week on slightly positive note
Friday 21 Jul 2023
(Sharecast News) - Wall Street shares were trading slightly on the front foot following the selling seen on Thursday centred on shares of Netflix and Tesla. Read More
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US pre-open: Futures point to modest bounce
Friday 21 Jul 2023
(Sharecast News) - US equity futures were pointing to a moderately higher start to the session following the selling seen on Thursday centred on shares of Netflix and Tesla. Read More
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Safran strikes $1.8bn deal to buy flight control unit
Friday 21 Jul 2023
(Sharecast News) - Safran is to acquire Collins Aerospace's flight control business in a $1.8bn deal, it was announced on Friday. Read More
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Cryptos fall and Bitcoin loses $30,000; Ripple's momentum fizzles out
Friday 21 Jul 2023
(Sharecast News) - Moderate falls in the cryptocurrency market. Bitcoin (BTC) drops 0.7% in the last 24 hours and falls below $29,800, while Ethereum (ETH) is at $1,890 after losing 1% in the last day... Read More
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