International News
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US consumer sentiment highest since May
Friday 13 Sep 2024
(Sharecast News) - US consumer sentiment improved in September to its highest level since May, according to a preliminary survey released on Friday. Read More
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PwC China fined over Evergrande auditing failures
Friday 13 Sep 2024
(Sharecast News) - PwC China has been fined nearly £50m for auditing failures relating to collapsed property developer Evergrande Group, it was announced on Friday. Read More
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Eurozone industrial production falls as expected
Friday 13 Sep 2024
(Sharecast News) - Industrial output in the eurozone fell as expected in July, with further weakness expected into the second half of the year as the manufacturing sector across the region continues t... Read More
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Asia report: ASX 200 nears all-time high on mixed day for region
Friday 13 Sep 2024
(Sharecast News) - Asia-Pacific markets closed mixed on Friday as mainland Chinese stocks fell to their lowest levels since 2019, while Australian shares edged closer to an all-time high. Read More
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Qatar sovereign wealth fund wants to raise stake in Iberdrola past 10%
Friday 13 Sep 2024
(Sharecast News) - Qatar's sovereign wealth fund has told authorities in Madrid that it wishes to raise its stake in Iberdrola past 10%. Read More
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US pre-open: Futures point to further gains as markets eye rate cuts
Friday 13 Sep 2024
(Sharecast News) - US stock futures were pointing to more gains on Wall Street on Friday, with the S&P 500 and Nasdaq set for their fifth straight session in positive territory ahead of next week's an... Read More
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Ex-NY Fed chief Dudley says he'd go for 50bp cut on 18 September
Friday 13 Sep 2024
(Sharecast News) - A former top US central bank official said the size of the Federal Reserve's first interest rate cut in the current cycle was still up in the air. Read More
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Boeing workers down tools in pay dispute
Friday 13 Sep 2024
(Sharecast News) - Workers at Boeing have gone on strike, it was confirmed on Friday, after voting overwhelmingly to reject a tentative 25% pay rise. Read More
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DSV buys Schenker from Deutsche Bahn for €14bn
Friday 13 Sep 2024
(Sharecast News) - Danish freight, sea freight, road transport services and logistics giant DSV has agreed to take over Deutsche Bahn's logistics arm Schenker for €14.3bn. Read More
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US close: Stocks rise as producer price inflation eases
Thursday 12 Sep 2024
(Sharecast News) - US stocks put in solid gains on Thursday as investors assessed how slowing producer-price inflation would affect the near-term outlook for interest rates ahead of the Federal Reserv... Read More
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Europe close: Stocks notch solid gains as ECB cuts rates
Thursday 12 Sep 2024
(Sharecast News) - European stocks rose for the second straight day on Thursday after the European Central Bank kept to the script to cut interest rates for the second time this year. Read More
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Kroger shares pop on Q2 earnings beat, updated guidance
Thursday 12 Sep 2024
(Sharecast News) - Kroger shares were popping on Thursday, as investors digested the grocer's updated guidance following a mixed second-quarter performance. Read More
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General Mills offloads yoghurt operations in $2.1bn deal
Thursday 12 Sep 2024
(Sharecast News) - US food manufacturer General Mills has announced the split-up and sale of its North American yoghurt business to French dairy companies in a $2.1bn deal. Read More
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US open: Stocks mixed following PPI reading
Thursday 12 Sep 2024
(Sharecast News) - Wall Street trading got off to a mixed start early on Thursday as traders digested more inflation data following yesterday's consumer price index report. Read More
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Moderna to slash R&D budget, shares fall
Thursday 12 Sep 2024
(Sharecast News) - Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn. Read More
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ECB cuts rates by 25 basis points as expected
Thursday 12 Sep 2024
(Sharecast News) - The European Central Bank cut interest rates on Thursday by 25 basis points to 3.5%, as widely expected, pointing to a slowdown in inflation. Read More
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US producer prices rise a tad more quickly than expected, core ahead of forecasts
Thursday 12 Sep 2024
(Sharecast News) - Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level. Read More
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US jobless claims rise to 230,000
Thursday 12 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations. Read More
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Microsoft cuts 650 jobs in video game division
Thursday 12 Sep 2024
(Sharecast News) - Microsoft is cutting 650 jobs from its video game division, according to a company email seen by The Wall Street Journal on Thursday. Read More
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Mastercard to buy cyber defence firm Recorded Future for $2.65bn
Thursday 12 Sep 2024
(Sharecast News) - Mastercard said on Thursday that it has agreed to buy cyber defence company Recorded Future from Insight Partners for $2.65bn. Read More
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