International News
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Lithium producers Allkem, Livent agree $10.6bn tie-up
Wednesday 10 May 2023
(Sharecast News) - Australian lithium miner Allkem has agreed to acquire US chemicals firm Livent in a deal worth $10.6bn, it was announced on Wednesday. Read More
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Asia report: Markets fall ahead of key US inflation print
Wednesday 10 May 2023
(Sharecast News) - Stock markets in the Asia-Pacific region mostly suffered losses on Wednesday, as investors awaited key inflation data out of the United States. Read More
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US pre-open: Stocks to nudge down as investors eye inflation reading
Wednesday 10 May 2023
(Sharecast News) - US stock futures pointed to a slightly lower open on Wall Street on Wednesday as investors eyed the latest inflation reading. Read More
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Ryanair Holdings vindicated by EU court decision on Lufthansa Covid rescue
Wednesday 10 May 2023
(Sharecast News) - A European Union court upheld Ryanair Holdings challenge of Berlin's 2020 €6.0bn recapitalisation of rival Lufthansa. Read More
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German inflation nudges lower in April
Wednesday 10 May 2023
(Sharecast News) - German inflation edged lower in April, official data confirmed on Wednesday, although high food prices kept it from falling further. Read More
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Cryptos await US CPI; Bitcoin at $27,600
Wednesday 10 May 2023
(Sharecast News) - There´s been little change in the cryptocurrency market. Bitcoin (BTC) has risen around 0.3% in the last 24 hours, although it has slowed its climb to $27,600. Ethereum (ETH), has s... Read More
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US close: Stocks fall ahead of key inflation reading
Tuesday 09 May 2023
(Sharecast News) - Wall Street's main market gauges closed in negative territory on Tuesday, as investors took profits before important economic data releases on both sides of the Atlantic. Read More
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US small business confidence dips a bit more than expected in April, NFIB says
Tuesday 09 May 2023
(Sharecast News) - A closely followed gauge of small business sentiment plumbed a 10-year low last month as confidence in the economic outlook, as well for sales and earnings waned. Read More
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Europe close: Stocks dip ahead of US CPI numbers
Tuesday 09 May 2023
(Sharecast News) - European stock markets drifted lower on Tuesday, as investors eyed US inflation data due out the next day, while shares in Swedish property company SBB slumped as it delayed its div... Read More
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US open: Stocks dip as investor eye CPI, debt ceiling talks
Tuesday 09 May 2023
(Sharecast News) - Wall Street's main stock market gauges were trading slightly lower as investors waited on the release of the Consumer Price Index for April due out on the following day. Read More
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Microsoft's LinkedIn to cut more than 700 workers
Tuesday 09 May 2023
(Sharecast News) - Microsoft subsidiary LinkedIn announced that it would be reducing its workforce by more than 700, becoming the latest US technology name to make layoffs. Read More
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Tempur Sealy to buy Mattress Firm in $4bn deal
Tuesday 09 May 2023
(Sharecast News) - Tempur Sealy International said on Tuesday that it has agreed to buy Mattress Firm in a cash and stock deal valued at around $4bn. Read More
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Novavax to cut global workforce by a quarter
Tuesday 09 May 2023
(Sharecast News) - Novavax is to cut a quarter of its workforce and slash spending, the US biotech said on Tuesday, as it looks to manage costs amid waning demand for its Covid vaccine. Read More
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Asia report: Markets mixed as China trade data surprises
Tuesday 09 May 2023
(Sharecast News) - Investors in the Asia-Pacific region reacted to stronger trade data out of China on Tuesday, resulting in a mixed performance for the region's stock markets. Read More
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UK regulator backs Viasat Inmarsat merger
Tuesday 09 May 2023
(Sharecast News) - The UK regulator has given the green light to the $7.3bn merger between rivals Viasat and Inmarsat, it was confirmed on Tuesday. Read More
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Lower oil prices dent profits at Saudi Aramco
Tuesday 09 May 2023
(Sharecast News) - Energy giant Saudi Aramco reported lower first-quarter earnings on Tuesday, after oil and gas prices fell back from historic highs. Read More
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US pre-open: Stocks seen down as investors eye inflation data
Tuesday 09 May 2023
(Sharecast News) - US stock futures pointed to a weaker open on Wall Street on Tuesday as investors eyed the latest inflation report due this week. Read More
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Cryptos continue to fall; Bitcoin loses $28,000
Tuesday 09 May 2023
(Sharecast News) - Cryptos post sharper declines and extend Monday's pullback. Bitcoin (BTC) has dropped another 2% in the last 24 hours and falls below $28,000 to the $27,500 level. Meanwhile, Ethere... Read More
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China April export growth slows, imports fall in mixed data
Tuesday 09 May 2023
(Sharecast News) - China reported better-than-expected exports in April, although growth slowed, while imports fell again, according to data released on Tuesday. Read More
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Bitcoin and Ethereum fall sharply after Binance scare
Monday 08 May 2023
(Sharecast News) - Cryptocurrencies face a major downward turn. Bitcoin (BTC) has fallen more than 2% in the last 24 hours to around $28,200, while Ethereum (ETH) has dropped another 2% and is close t... Read More
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