International News
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Eurozone economic sentiment weakens in September
Friday 27 Sep 2024
(Sharecast News) - Confidence eased across the eurozone in September, an official survey released on Friday showed, as the bloc's economic recovery struggled to take hold. Read More
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REA urges Rightmove board to engage with it over £6.2bn fourth offer
Friday 27 Sep 2024
(Sharecast News) - REA Group urged the board of Rightmove to engage with it on Friday, as it made a fourth non-binding proposal to acquire the company, valuing it at £6.2bn. Read More
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Asia report: Chinese markets finish bumper week in the green
Friday 27 Sep 2024
(Sharecast News) - Asian markets showed a strong weekly performance on Friday, driven largely by a rally in Chinese stocks, which posted their best weekly gains since 2008. Read More
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Chinese equities rally as Beijing moves to bolster economy
Friday 27 Sep 2024
(Sharecast News) - Chinese equities rallied on Friday following a series of moves by Beijing intended to bolster the country's ailing economy, including a further cut to a key interest rate. Read More
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Mutares hits back after short-seller attack
Friday 27 Sep 2024
(Sharecast News) - German private equity firm Mutares responded on Friday to allegations made by short-seller Gotham City Research, insisting that discrepancies in its cash balances were down to a tra... Read More
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German unemployment holds steady at three-year high
Friday 27 Sep 2024
(Sharecast News) - The jobless rate in German was unchanged in September for the fourth straight month, remaining at the highest levels since mid-2021. Read More
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Intel rejects approach from Arm Holdings - report
Friday 27 Sep 2024
(Sharecast News) - Intel has rebuffed an approach from Arm Holdings about buying the US chipmaker's product division, it was reported on Friday. Read More
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Moncler surges on LVMH deal
Friday 27 Sep 2024
(Sharecast News) - Moncler surged on Friday after LVMH bought a 10% stake in Double R, the investment vehicle controlled by the holding company owned by Moncler chief executive and chairman Remo Ruffi... Read More
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US close: Dow claws back majority of Wednesday's losses
Thursday 26 Sep 2024
(Sharecast News) - Wall Street stocks closed higher on Thursday as major indices reclaimed a significant chunk of the previous session's losses. Read More
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Europe close: Luxury sector lifts Stoxx 600 to new record
Thursday 26 Sep 2024
(Sharecast News) - Strong gains from the luxury sector on the back of Chinese stimulus measures gave European stock markets a big boost on Thursday, sending the Stoxx 600 to another record high. Read More
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Director dealings: New Hill & Smith CEO takes up stake
Thursday 26 Sep 2024
(Sharecast News) - Hill & Smith revealed on Thursday that chief executive Rutger Helbing had acquired 10,000 ordinary shares in the FTSE 250-listed construction products manufacturer. Read More
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Second-quarter US GDP growth confirmed, but historic numbers revised up
Thursday 26 Sep 2024
(Sharecast News) - US economic activity expanded by 3% year-on-year in the second quarter of 2024, with the US Bureau of Economic Analysis confirming an earlier estimate, though GDP growth calculation... Read More
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US open: Stocks sharply higher following GDP reading, jobless claims
Thursday 26 Sep 2024
(Sharecast News) - Wall Street stocks were in the green at the bell on Thursday as major indices looked set to reclaim a chunk of yesterday's losses. Read More
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US initial jobless claims hit four-month low
Thursday 26 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 21 September, according to the Department of Labor. Read More
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Mutares tumbles as Gotham City highlights accounting irregularities
Thursday 26 Sep 2024
(Sharecast News) - German private equity firm Mutares tumbled on Thursday after Gotham City Research put out a note pointing to accounting irregularities and suggesting that the company is "increasing... Read More
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US pre-open: Futures trade higher ahead of Fed speakers, GDP reading
Thursday 26 Sep 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as major indices looked set to reclaim some of yesterday's losses. Read More
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BASF to cut dividend, list agricultural unit in restructuring plan
Thursday 26 Sep 2024
(Sharecast News) - Multinational chemicals giant BASF saw shares fall on Thursday on the back of plans to slash its dividend and dispose of non-core assets, including the potential stock-market flotat... Read More
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Commerzbank lifts financial targets
Thursday 26 Sep 2024
(Sharecast News) - Germany's Commerzbank reiterated plans to continuing growing as an independent bank on Thursday, including upping its financial targets, as it confirmed a first meeting with potenti... Read More
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Asia report: Markets pop as Beijing pledges more economic support
Thursday 26 Sep 2024
(Sharecast News) - Asia-Pacific markets saw robust gains on Thursday, buoyed by a rally in Chinese stocks following positive signals from Beijing on stimulus measures. Read More
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German consumer confidence improves, but macro outlook worsens
Thursday 26 Sep 2024
(Sharecast News) - A survey gauging consumer sentiment in Germany improved more than expected this month, but confidence still remains well below the historic average as declining economic expectation... Read More
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