International News
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FedEx to cut between 1,700 and 2,000 back office jobs in Europe
Wednesday 12 Jun 2024
(Sharecast News) - US parcel delivery firm FedEx said on Wednesday that it plans to axe between 1,700 and 2,000 back-office and commercial jobs in Europe as it looks to cut costs amid a slump in freig... Read More
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Starling sees profits surge, flags rise in bad loans
Wednesday 12 Jun 2024
(Sharecast News) - Challenger Starling Bank posted a jump in annual profits on Wednesday and reiterated its commitment to a possible stock market debut, despite a jump in bad loan provisions Read More
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US mortgage applications surge as Treasury yields fall
Wednesday 12 Jun 2024
(Sharecast News) - US mortgage applications soared 15.6% in the week ended 7 June, according to the Mortgage Bankers Association of America, rebounding from a 5.2% drop in the previous week and erasin... Read More
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EU to slap tariff of up to 38pc on Chinese EVs
Wednesday 12 Jun 2024
(Sharecast News) - The European Union (EU) is set to impose tariffs of up to 38% on Chinese electric vehicles (EVs), it was reported on Wednesday, initiating duties exceeding €2bn annually and r... Read More
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US pre-open: Futures cautiously higher ahead of FOMC decision
Wednesday 12 Jun 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as investors look ahead to the outcome of the Federal Reserve's June policy meeting and another batch of inflati... Read More
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Asia report: Markets mixed as investors digest regional inflation data
Wednesday 12 Jun 2024
(Sharecast News) - Markets across the Asia-Pacific region showed mixed performances on Wednesday, reflecting investor responses to varying inflation data from around the continent. Read More
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China inflation nudges higher, narrowly misses forecasts
Wednesday 12 Jun 2024
(Sharecast News) - Inflation in China nudged marginally higher in May, official data showed on Wednesday, while producer prices eased. Read More
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German annual inflation confirmed at 2.8% in May
Wednesday 12 Jun 2024
(Sharecast News) - The final reading of Germany inflation for May confirmed that annual price growth had picked up to a four-month high, with numbers in line with the preliminary estimate released two... Read More
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Euro 2024 expected to give retailers a big boost, BRC poll shows
Wednesday 12 Jun 2024
(Sharecast News) - This summer's EUFA European Championship is expected to give UK retailers a big boost, according to a poll released on Wednesday by the British Retail Consortium. Read More
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US close: Markets mixed ahead of FOMC and CPI, but Apple surges
Tuesday 11 Jun 2024
(Sharecast News) - US stocks finished in a mixed fashion on Tuesday with the Dow falling but the Nasdaq putting in decent gains, helped by a strong performance from tech heavyweight Apple. Read More
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Europe close: Political uncertainty weighs heavily on stocks
Tuesday 11 Jun 2024
(Sharecast News) - European stocks dropped sharply on Tuesday as ongoing political uncertainty weighed heavily on market sentiment in the aftermath of European Parliament elections which saw the advan... Read More
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US open: Stocks mixed as FOMC meeting begins
Tuesday 11 Jun 2024
(Sharecast News) - Wall Street stocks were mixed early on Tuesday as market participants prepared for the outcome of the Federal Reserve's two-day policy meeting. Read More
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OPEC keeps global oil demand forecasts unchanged
Tuesday 11 Jun 2024
(Sharecast News) - The Organisation of the Petroleum Exporting Countries kept its short-term global oil demand forecasts unchanged. Read More
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Senior Hamas official says UN ceasefire proposal has been accepted
Tuesday 11 Jun 2024
(Sharecast News) - A senior official from Palestinian terrorist group Hamas reportedly said the organisation had accepted the ceasefire resolution that had been approved the night before by the UN Sec... Read More
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US small business optimism rises, but so does uncertainty
Tuesday 11 Jun 2024
(Sharecast News) - Small business optimism in the United States rose to a five-month peak in May, but uncertainty was at its highest levels in three and a half years, according to the National Federat... Read More
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Covestro close to granting Adnoc in-depth due diligence - report
Tuesday 11 Jun 2024
(Sharecast News) - Covestro is reportedly close to granting Abu Dhabi National Oil Co. access to in-depth due diligence in expectation of an improved takeover bid, signalling fresh impetus for the tal... Read More
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US pre-open: Futures lower ahead of FOMC decision
Tuesday 11 Jun 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants prepared for the Federal Reserve's two-day policy meeting to kick off. Read More
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French snap elections are 'credit negative', warns Moody's
Tuesday 11 Jun 2024
(Sharecast News) - Credit ratings agency Moody's has said that president Emmanuel Macron's decision to call for a snap election is credit negative for the French economy and increases upside risks to ... Read More
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Asia report: Markets mixed as investors look to Fed decision
Tuesday 11 Jun 2024
(Sharecast News) - Asia-Pacific markets presented a mixed performance on Tuesday, reflecting a cautious sentiment as traders awaited the US Federal Reserve's decision on Wednesday. Read More
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Atos shares slide as it agrees to dilutive restructure
Tuesday 11 Jun 2024
(Sharecast News) - Shares in French IT giant Atos were sliding on Tuesday morning, after it announced that its board had decided to proceed with a restructuring plan that would seriously dilute the eq... Read More
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