International News
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Target surges after Q2 beat, profit upgrade
Wednesday 21 Aug 2024
(Sharecast News) - Target shares surged on Wednesday after the US retailer posted better-than-expected second-quarter earnings and lifted its annual profit outlook. Read More
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JT Group to buy Vector Group in $2.4bn deal
Wednesday 21 Aug 2024
(Sharecast News) - US tobacco maker Vector Group said on Wednesday that it has agreed to be bought JT Group in a $2.4bn deal. Read More
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Macy's lowers full-year sales guidance despite Q2 earnings beat
Wednesday 21 Aug 2024
(Sharecast News) - Shares in US department store retailer Macy's were sliding early on Wednesday, after it reported better-than-expected second-quarter earnings despite a drop in sales, and revised it... Read More
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CMA cans Apple, Google app market probes ahead of new regulation
Wednesday 21 Aug 2024
(Sharecast News) - The Competition and Markets Authority (CMA) has closed its investigations into Google's Play Store and Apple's App Store, it announced on Wednesday, shifting its focus to the forthc... Read More
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US pre-open: Stock futures higher ahead of Fed minutes
Wednesday 21 Aug 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as market participants looked ahead to minutes from the Federal Reserve's July policy meeting and a key speech f... Read More
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China launches probe into EU dairy subsidies
Wednesday 21 Aug 2024
(Sharecast News) - China launched an anti-subsidy investigation into dairy products imported from the European Union on Wednesday, intensifying trade tensions between Beijing and Brussels. Read More
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Asia report: Most markets fall as Japan's trade deficit widens
Wednesday 21 Aug 2024
(Sharecast News) - Asia-Pacific markets were mostly lower on Wednesday, following a pullback in US markets overnight, where the S&P 500 and Nasdaq Composite ended their eight-day winning streak. Read More
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Japanese trade deficit higher than expected as imports jump
Wednesday 21 Aug 2024
(Sharecast News) - Japan recorded a wider-than-expected trade deficit for July as imports surged on the back of rising prices, according to data released by the Finance Ministry on Wednesday. Read More
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Walmart to sell entire $3.7bn stake in JD.com
Wednesday 21 Aug 2024
(Sharecast News) - Shares in JD.com tanked in Hong Kong on Wednesday after American retail titan Walmart signalled its intention to dispose of its stake in the Chinese ecommerce giant worth $3.7bn. Read More
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US close: Stocks snap eight-day win streak as investors await Powell speech
Tuesday 20 Aug 2024
(Sharecast News) - US stocks inched lower on Tuesday, bringing Wall Street's longest winning streak of 2024 to a close with investors taking profits after eight straight days of gains for the S&P 500 ... Read More
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Europe close: Investors take profits after five days of gains
Tuesday 20 Aug 2024
(Sharecast News) - After an initial positive start, European stock markets dropped into the red on Tuesday afternoon as the five-day winning streak for the Stoxx 600 came to an abrupt end ahead of a p... Read More
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German economy will avoid recession in Q3, Bundesbank predicts
Tuesday 20 Aug 2024
(Sharecast News) - The Bundesbank said on Tuesday that it expects the German economy to avoid a technical recession and return to growth in the third quarter of 2024, according to the central bank's m... Read More
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US open: Stocks lower as attention turns to Federal Reserve
Tuesday 20 Aug 2024
(Sharecast News) - Wall Street stocks were in the red early on Tuesday as investors turned their attention towards the Federal Reserve Bank. Read More
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Johnson & Johnson to buy V-Wave for up to $1.7bn
Tuesday 20 Aug 2024
(Sharecast News) - Johnson & Johnson said on Tuesday that it has agreed to buy V-Wave, a privately-held company focused on developing treatment options for patients with heart failure, for up to $1.7b... Read More
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EU lowers planned tariffs on Chinese made Teslas
Tuesday 20 Aug 2024
(Sharecast News) - The European Union said on Tuesday that it will lower planned tariffs for Tesla vehicles imported to the bloc from China from 20.8% to 9% as it announced a number of reductions to p... Read More
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US pre-open: Stocks futures mixed as traders await Fed comments
Tuesday 20 Aug 2024
(Sharecast News) - Wall Street futures were mixed ahead of the opening bell on Tuesday as investors turned their attention firmly towards the Federal Reserve Bank. Read More
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Eurozone construction output growth hits 17-month high
Tuesday 20 Aug 2024
(Sharecast News) - Construction output in the eurozone bounced back strongly in June after contracting the previous three months, according to figures released on Tuesday by Eurostat. Read More
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Eurozone CPI inflation unchanged for third straight month
Tuesday 20 Aug 2024
(Sharecast News) - Core inflation in the eurozone officially held steady for the third straight month in July, according to final estimates published on Tuesday by Eurostat. Read More
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Sweden's Riksbank cuts rates by 25 basis points
Tuesday 20 Aug 2024
(Sharecast News) - Sweden's Riksbank cut its benchmark rate by 25 basis points on Tuesday to 3.5%, as widely expected. Read More
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Asia report: Markets mixed as China keeps loan prime rates steady
Tuesday 20 Aug 2024
(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Tuesday, following a strong rally on Wall Street overnight. Read More
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