International News
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ECB cuts rates by 25 basis points, as expected
Thursday 12 Dec 2024
(Sharecast News) - The European Central Bank cut interest rates on Thursday by 25 basis points, as expected, to 3%. Read More
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US pre-open: Futures lower following CPI reading
Thursday 12 Dec 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as traders looked ahead to additional inflation data. Read More
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Switzerland cuts interest rates more than expected
Thursday 12 Dec 2024
(Sharecast News) - Switzerland's central bank has slashed its benchmark interest rate by more than expected amid a strengthening franc and tepid economic growth with inflation running lower than expec... Read More
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Global oil supply to 'comfortably' meet demand in 2025 - IEA
Thursday 12 Dec 2024
(Sharecast News) - Global oil supply is likely to "comfortably" meet demand next year, a leading energy body predicted on Thursday, even after Opec voted to delay planned output increases. Read More
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Asia report: Most markets rise, Aussie unemployment surprisingly falls
Thursday 12 Dec 2024
(Sharecast News) - Most markets in the Asia-Pacific region advanced on Wednesday, buoyed by Wall Street's overnight rally after US consumer price index inflation met expectations in November. Read More
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US close: Nasdaq jumps to new high as tech stocks surge
Wednesday 11 Dec 2024
(Sharecast News) - US stocks mostly rose on Wednesday with the Nasdaq jumping to another all-time high on the back of strong gains in the tech sector, though the Dow continued its recent downward path... Read More
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Europe close: Stocks mostly higher despite US CPI data, ECB ahead
Wednesday 11 Dec 2024
(Sharecast News) - European shares rallied to be in positive territory after a weak start on Wednesday as traders brushed off a slightly stronger-than-expected print for consumer prices in the US. Read More
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US open: Stocks mixed following CPI reading
Wednesday 11 Dec 2024
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as investors digested last month's all-important CPI reading. Read More
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Sweden's Klarna fined SEK500m for money laundering failures
Wednesday 11 Dec 2024
(Sharecast News) - Buy now, pay later firm Klarna has been fined SEK500m (£35.7m) by Sweden's financial regulator for violating anti-money laundering rules. Read More
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Exxon Mobil to boost capital spending
Wednesday 11 Dec 2024
(Sharecast News) - Exxon Mobil said on Wednesday that it was planning to lift spending on oil production as it outlined the key elements of its 2030 plan. Read More
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Patient Capital to buy Patterson Companies in $4.1bn deal
Wednesday 11 Dec 2024
(Sharecast News) - Patterson Companies surged on Wednesday as the dental and animal health distributor agreed to be bought by healthcare investment firm Patient Square Capital in a $4.1bn deal. Read More
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US headline CPI picks up slightly in November
Wednesday 11 Dec 2024
(Sharecast News) - The cost of living in the States picked up slightly last month as food and vehicles became dearer, although increases in shelter prices eased. Read More
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US mortgage applications rise 5.4pc
Wednesday 11 Dec 2024
(Sharecast News) - US mortgage applications rose by 5.4% in the week ended 6 December, according to the Mortgage Bankers Association of America, up from the prior week's 2.8% increase. Read More
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US pre-open: Futures mixed ahead of CPI reading
Wednesday 11 Dec 2024
(Sharecast News) - Wall Street futures were pointing to a mixed open ahead of the bell on Wednesday as investors patiently await the publication of last month's all-important CPI reading. Read More
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HSBC eyes $3bn in potential cost savings - report
Wednesday 11 Dec 2024
(Sharecast News) - Banking giant HSBC Holdings is mulling plans that could trim costs by at least $3bn, it was reported on Wednesday, as it continues to overhaul its global operations. Read More
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Boots could be spun out if Walgreens buyout goes ahead - report
Wednesday 11 Dec 2024
(Sharecast News) - Chemist chain Boots could be put up for sale again should a possible takeover of its US parent go ahead, it was reported on Wednesday. Read More
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Asia report: Markets mixed as investors look to China policy summit
Wednesday 11 Dec 2024
(Sharecast News) - Asia-Pacific markets ended mixed on Wednesday, as investors awaited the outcome of China's annual economic work conference. Read More
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Inditex disappoints despite jump in sales, profits
Wednesday 11 Dec 2024
(Sharecast News) - Shares in Zara owner Inditex came under pressure on Wednesday, despite a solid start to the festive shopping season, after earnings narrowly missed expectations. Read More
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Zalando to buy rival About You in €1.1bn deal
Wednesday 11 Dec 2024
(Sharecast News) - German online fashion retailer Zalando said on Wednesday that it has agreed to buy About You in a deal that values its rival at around €1.1bn. Read More
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US close: Dow Jones delivers fourth-straight daily loss
Tuesday 10 Dec 2024
(Sharecast News) - Major indices closed lower on Tuesday as both the S&P 500 and Nasdaq Composite retreated from their record highs in the previous session. Read More
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