International News
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Europe close: Stocks jump as ECB cuts rates, inflation falls
Thursday 17 Oct 2024
(Sharecast News) - European stocks finished with strong gains on Thursday after the European Central Bank cut interest rates for the third time this year and gave dovish comments about the policy outl... Read More
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US industrial production falls as strikes, hurricanes hit output
Thursday 17 Oct 2024
(Sharecast News) - Industrial production in the US retreated in September, falling more than expected, according to data from the Federal Reserve on Thursday. Read More
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US open: Stocks higher as traders digest data points
Thursday 17 Oct 2024
(Sharecast News) - Wall Street trading got off to a positive start on Thursday as market participants digested a fresh batch of economic data. Read More
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Philly Fed manufacturing index surges to 10.3 in October
Thursday 17 Oct 2024
(Sharecast News) - The Philadelphia Federal Reserve's manufacturing index surged to 10.3 in October, a marked increase when compared to the previous month's reading of 1.7 and significantly ahead of e... Read More
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US retail sales rise more than expected in September
Thursday 17 Oct 2024
(Sharecast News) - US retail sales rose more than expected in September, according to fresh data released on Thursday, driven by a broad-based increase across several sectors. Read More
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Turkish central bank holds rates at 50%
Thursday 17 Oct 2024
(Sharecast News) - Turkey's central bank said on Thursday that it was keeping interest rates steady at 50%, as widely expected. Read More
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US initial jobless claims fall from 14-month high
Thursday 17 Oct 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 12 October, according to the Labor Department, down from a 14-month high in the previous week. Read More
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ECB cuts rates to 3.25%, as expected
Thursday 17 Oct 2024
(Sharecast News) - The European Central Bank cut interest rates on Thursday for the third time this year, as expected. Read More
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Third-quarter earnings beat forecasts at Blackstone
Thursday 17 Oct 2024
(Sharecast News) - Blackstone's third-quarter numbers came in ahead of Wall Street forecasts on Thursday, after the alternative investment giant posting a jump in earnings and assets under management. Read More
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Nokia outlook disappoints as Q3 sales fall
Thursday 17 Oct 2024
(Sharecast News) - Shares in Nokia fell on Thursday after the Finnish telecoms giant disappointed with earnings guidance for the full year amid "ongoing market weakness". Read More
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US pre-open: Futures higher as investors await fresh batch of economic data
Thursday 17 Oct 2024
(Sharecast News) - Wall Street futures were pointing to a positive start to trading ahead of the bell on Thursday as market participants awaited a fresh batch of economic data. Read More
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AI boom fuels earnings surge at TSMC
Thursday 17 Oct 2024
(Sharecast News) - Shares in Taiwan Semiconductor Manufacturing Co rallied on Thursday, after the Taiwanese giant posted a forecast-beating 54% surge in earnings, fuelled by the boom in artificial int... Read More
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Uber exploring possible Expedia bid
Thursday 17 Oct 2024
(Sharecast News) - Uber has explored a possible bid for travel booking website operator Expedia, according to the Financial Times, a move that would easily mark the ridesharing giant's biggest acquisi... Read More
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Nestle cuts forecast, shakes up executive board after sales disappoint
Thursday 17 Oct 2024
(Sharecast News) - Nestle is to undergo a major organisational overhaul, the Swiss food giant confirmed on Thursday, as it cut sales targets in the face of persistently weak consumer demand. Read More
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Asia report: Chinese property sector leads regional losses
Thursday 17 Oct 2024
(Sharecast News) - Most Asia-Pacific markets declined on Thursday, with China's property sector leading the fall after a housing ministry briefing failed to reassure investors. Read More
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Publicis lifts full-year revenue outlook
Thursday 17 Oct 2024
(Sharecast News) - French advertising group Publicis lifted its full-year organic revenue forecast on Thursday despite a "challenging" macro environment, as it reported a jump in third-quarter revenue... Read More
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Eurozone inflation revised lower, reinforcing calls for ECB rate cut
Thursday 17 Oct 2024
(Sharecast News) - Eurozone inflation figures for September were revised lower on Thursday, falling further below the European Central Bank's target of 2% to levels not seen since April 2021. Read More
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Pernod Ricard reports 'slow start' as Chinese sales tank
Thursday 17 Oct 2024
(Sharecast News) - French wine and spirits group Pernod Ricard reported a "slow start" to the new financial year, with organic sales falling on the back of ongoing weakness in China as well as the US. Read More
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US close: Morgan Stanley leads markets higher, Dow hits new record
Wednesday 16 Oct 2024
(Sharecast News) - US equity markets rallied into the close on Wednesday with the Dow hitting a fresh record high as more forecast-beating earnings in the banking sector offset weakness among tech sto... Read More
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Europe close: Shares pare losses as tech stocks weigh; Tate & Lyle surges
Wednesday 16 Oct 2024
(Sharecast News) - European shares closed lower on Wednesday with luxury and tech stocks under pressure while investors also digested the latest UK inflation data showing a fall below 2% for the first... Read More
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