International News
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Rio Tinto eyeing up possible mega deal - report
Friday 12 Jul 2024
(Sharecast News) - Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada's Teck Resources. Read More
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Asia report: Markets up on US data; Yen in focus on BoJ speculation
Friday 12 Jul 2024
(Sharecast News) - Asian share markets closed largely higher as a fall in US inflation boosted hopes of a rate cut in September by the Federal Reserve, but Japanese stocks fell sharply on speculation ... Read More
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Ericsson warns of 'challenging' conditions, but Q2 profits beat forecasts
Friday 12 Jul 2024
(Sharecast News) - Swedish telecoms giant Ericsson reported a decline in sales in its second quarter and warned that market conditions would remain "challenging" for the rest of the year, but still ma... Read More
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SoftBank snaps up UK chipmaker Graphcore
Friday 12 Jul 2024
(Sharecast News) - SoftBank Group has snapped up UK start-up Graphcore, it was confirmed on Friday, as the Japanese tech giant continues to expand into artificial intelligence. Read More
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US close: Stocks end mixed despite inflation slowdown, Daly comments
Thursday 11 Jul 2024
(Sharecast News) - US stocks finished mixed on Thursday, with the Dow edging higher but the S&P 500 and Nasdaq sinking sharply back from record highs, despite rising hopes that the Federal Reserve may... Read More
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Europe close: Stoxx 600 hits one-month high as data lifts the mood
Thursday 11 Jul 2024
(Sharecast News) - European stocks closed at their highest levels in a month on Thursday as improving economic data lifted sentiment across the continent. Read More
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Bain Capital to buy Envestnet in $4.5bn deal
Thursday 11 Jul 2024
(Sharecast News) - Envestnet said on Thursday that it has agreed to be bought by Bain Capital in a $4.5bn deal. Read More
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US open: Markets rangebound but rate-cut hopes rise after CPI data
Thursday 11 Jul 2024
(Sharecast News) - US stocks opened broadly flat on Thursday, with futures erasing earlier losses, as investors digested better-than-expected inflation and labour-market data and pondered over how th... Read More
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US jobless claims fall more than forecast to five-week low
Thursday 11 Jul 2024
(Sharecast News) - US jobless claims fell more than forecast last week, with the four-week moving average pulling back for the first time in five weeks. Read More
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US inflation drops to 12-month low in June
Thursday 11 Jul 2024
(Sharecast News) - US inflation dropped to its lowest level in a year in June, tying the smallest rate of price growth since early 2021, according to figures released on Thursday from the Department o... Read More
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PepsiCo profits top expectations, revenue misses slightly
Thursday 11 Jul 2024
(Sharecast News) - PepsiCo has reported a significant increase in its second-quarter profits on Thursday, surpassing Wall Street expectations despite a continuous decline in consumer demand for its sn... Read More
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BHP suspending Western Australia nickel operations
Thursday 11 Jul 2024
(Sharecast News) - BHP announced the suspension of its Nickel West operations and the West Musgrave project in Western Australia on Thursday, starting from October. Read More
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Apple and Brussels settle antitrust dispute over 'tap and go'
Thursday 11 Jul 2024
(Sharecast News) - The European Commission has approved Apple's plans to open up its contactless payments system to rivals, it was announced on Thursday, drawing a line under a long-running antitrust ... Read More
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US pre-open: Futures dip before inflation data
Thursday 11 Jul 2024
(Sharecast News) - US stock futures were pointing to a negative start on Wall Street on Thursday ahead of the release of June's consumer price index, which is expected to show a slight slowdown in inf... Read More
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Asia report: Markets join global rally as BoK holds rates
Thursday 11 Jul 2024
(Sharecast News) - Asia-Pacific markets experienced a strong rally on Thursday, driven by optimism over potential Federal Reserve rate cuts and the positive performance of US big tech stocks overnight... Read More
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Asia close: Stocks rise, Chinese third plenum and geopolitics in focus
Thursday 11 Jul 2024
(Sharecast News) - Shares were higher across most of the Asia-Pacific region, albeit sometimes with a helping hand from authorities. Read More
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Frasers Group ups stake in Hugo Boss
Thursday 11 Jul 2024
(Sharecast News) - Frasers Group has increased its stake in German fashion brand Hugo Boss, the UK retailer confirmed on Thursday. Read More
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German June CPI confirmed at 2.2%
Thursday 11 Jul 2024
(Sharecast News) - German inflation was confirmed at 2.2% in June, down from 2.4% in May, the federal statistics agency said on Thursday. Read More
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US close: Stocks sharply higher as chip stocks rally
Wednesday 10 Jul 2024
(Sharecast News) - Wall Street closed sharply higher on Wednesday after chip stocks delivered solid gains. Read More
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Europe close: Stocks rebound ahead of US CPI data
Wednesday 10 Jul 2024
(Sharecast News) - European shares were higher on Wednesday as investors eyed the release of key consumer price data due out the next day in the States and following a downdraft during the previous se... Read More
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