International News
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Citigroup announces closure of China consumer business
Thursday 15 Dec 2022
(Sharecast News) - Citigroup announced the winding-down of its consumer operations in China on Thursday, in a move that would see the jobs of 1,200 of its staff in the country affected. Read More
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EU new car registrations rise again in November
Thursday 15 Dec 2022
(Sharecast News) - Europe's passenger car market saw another "strong uplift" in November, according to industry data released on Thursday, with passenger car registrations rising for the fourth consec... Read More
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Industrial action to go ahead at Heathrow
Thursday 15 Dec 2022
(Sharecast News) - A planned 72-hour strike by ground handlers at Heathrow airport will go ahead on Friday, after the latest round of pay talks broke down. Read More
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H&M net sales little changed in Q4
Thursday 15 Dec 2022
(Sharecast News) - H&M posted a modest increase in fourth-quarter net sales for the three months ended 30 November on Thursday, just two weeks after the fast fashion giant announced plans to cut 1,500... Read More
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Cryptocurrencies turn downward after Fed meeting; Bitcoin loses $18,000
Thursday 15 Dec 2022
(Sharecast News) - There´s been a downward turn for cryptocurrencies. Bitcoin (BTC) falls about 0.5% in the last 24 hours and abandons the $18,000 level once again, while Ethereum (ETH) also fails to ... Read More
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Norway central bank lifts rates by 25 basis points
Thursday 15 Dec 2022
(Sharecast News) - Norway's central bank lifted its benchmark interest rate on Thursday by 25 basis points to 2.75%, as expected. Read More
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SNB hikes rates by 50 basis points
Thursday 15 Dec 2022
(Sharecast News) - The Swiss National Bank lifted its key policy rate on Thursday by 50 basis points to 1.00%, in line with expectations. Read More
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Elon Musk sells 22m Tesla shares
Thursday 15 Dec 2022
(Sharecast News) - Eccentric billionaire Elon Musk has offloaded 22.0m shares in electric carmaker Tesla, bringing the total value of stock sold by the group's chief executive over the past year to al... Read More
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China's economy falters as factory output, retail sales fall
Thursday 15 Dec 2022
(Sharecast News) - China's economy continued to struggle in November, official data showed on Thursday, with both industrial production and retail sales missing estimates. Read More
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US close: Stocks turn southwards after Fed rate hike
Thursday 15 Dec 2022
(Sharecast News) - Wall Street stocks reversed their earlier gains to close weaker on Wednesday, as market participants digested a 50-basis point interest rate hike from the Federal Reserve. Read More
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Federal Reserve hikes rates by 50bp, raises inflation forecasts
Wednesday 14 Dec 2022
(Sharecast News) - Rate-setters in Washington shifted down their pace of interest rate hikes as expected, even as they pushed back on expectations that monetary policy could start to be loosened in th... Read More
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Europe close: Stocks mixed ahead of Fed announcement
Wednesday 14 Dec 2022
(Sharecast News) - European stocks drifted lower for the most part on Wednesday as investor attention turned to the US Federal Reserve interest rate announcement later in the day. Read More
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US open: Stocks trade higher as investors await Fed decision
Wednesday 14 Dec 2022
(Sharecast News) - Wall Street stocks opened higher early on Wednesday as market participants awaited the Federal Reserve's latest interest rate decision with bated breath. Read More
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Oil demand set to grow with price spike possible - IEA
Wednesday 14 Dec 2022
(Sharecast News) - Oil-demand was forecast to grow with possible price rises on supply disruption, the International Energy Agency (IEA) said on Wednesday. Read More
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US import prices fall by more than expected in November
Wednesday 14 Dec 2022
(Sharecast News) - The cost of imported goods in America fell by more than expected last month led by a drop in fuel import prices. Read More
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Asia report: Most markets rise as US inflation cools
Wednesday 14 Dec 2022
(Sharecast News) - Stock markets in Asia were mostly in the green as they closed on Wednesday, as investors cheered a cooler-than-expected consumer inflation print out of the United States overnight. Read More
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Von der Leyen calls for looser EU state aid rules
Wednesday 14 Dec 2022
(Sharecast News) - The president of the European Commission has called for a relaxation in state aid rules for green tech in response to the US Inflation Reduction Act. Read More
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US mortgage applications rise 3.2%
Wednesday 14 Dec 2022
(Sharecast News) - US mortgage applications rose 3.2% in the week ended 9 December, the first gain in three weeks and the highest increase since September. Read More
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US pre-open: Futures slightly higher ahead of Fed decision
Wednesday 14 Dec 2022
(Sharecast News) - Wall Street futures had stocks opening slightly higher ahead of the bell on Wednesday as market participants awaited the Federal Reserve's latest interest rate decision with bated b... Read More
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Industrial production falls across Eurozone
Wednesday 14 Dec 2022
(Sharecast News) - Industrial production fell sharply across the Eurozone in October, official data showed on Wednesday. Read More
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