International News
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BASF to cut costs by a further €1bn
Friday 23 Feb 2024
(Sharecast News) - Germany's BASF Group is to slash costs by a further €1bn, the chemicals giant confirmed on Friday, as it battles higher expenses and falling earnings. Read More
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Asia report: Most markets rise as China property prices slip
Friday 23 Feb 2024
(Sharecast News) - Asia-Pacific markets saw mixed performances on Friday, as Chinese stocks saw their ninth consecutive session of gains amid fresh property prices data. Read More
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Business sentiment in Germany strengthens slightly
Friday 23 Feb 2024
(Sharecast News) - Investor sentiment brightened modestly in Germany this month, a closely-watched survey showed on Friday, despite the economy continuing to falter. Read More
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Deutsche Telekom hits targets, points to further growth in 2024
Friday 23 Feb 2024
(Sharecast News) - Deutsche Telekom met guidance with its results for 2023 and forecast an slight acceleration in profit growth this year. Read More
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German economy shrinks by 0.3% in Q4, as expected
Friday 23 Feb 2024
(Sharecast News) - The German economy contracted by 0.3% on the quarter in the fourth quarter, according to data released on Friday by Destatis, in line with the initial estimate and consensus. Read More
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US close: Stocks rise amid Nvidia-led tech rally
Thursday 22 Feb 2024
(Sharecast News) - Wall Street saw a surge in stock performances on Thursday, buoyed by robust earnings reports from chipmaker Nvidia and positive data trends. Read More
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Europe close: Pharma and tech stocks help Stoxx 600 to new record
Thursday 22 Feb 2024
(Sharecast News) - European equity markets put in a decent performance on Thursday with a small rise in London outweighed by gains of more than 1% in Frankfurt, Paris and Milan, pushing the continent'... Read More
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US existing home sales rise 3.1% in January
Thursday 22 Feb 2024
(Sharecast News) - US existing home sales rose 3.1% month-on-month in January, according to the National Association of Realtors. Read More
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US open: Stocks trade higher as investors thumb over data points
Thursday 22 Feb 2024
(Sharecast News) - Wall Street stocks were in the green early on Thursday as traders digested blockbuster earnings from chipmaker Nvidia and thumbed over a number of data points. Read More
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US composite PMI eases as service-sector growth slows
Thursday 22 Feb 2024
(Sharecast News) - Private-sector activity growth in the US eased slightly in February, according to figures released on Thursday by S&P Global, as a slight slowdown in the services sector outweighed ... Read More
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US initial jobless claims hit lowest level in five weeks
Thursday 22 Feb 2024
(Sharecast News) - Americans lined up for state benefits at a decelerated pace in the week ended 17 February, according to the Labor Department, hitting the lowest level for new claims in five weeks. Read More
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Moderna posts surprise profit, shares spark
Thursday 22 Feb 2024
(Sharecast News) - Moderna posted a surprise quarterly profit on Thursday, despite sales of its Covid vaccine continuing to slide. Read More
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Nestlé shares fall as food giant warns of sales slowdown
Thursday 22 Feb 2024
(Sharecast News) - Shares in Nestlé dropped on Thursday after the food and drink giant said that organic growth would slow this year Read More
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US pre-open: Futures trade higher following Nvidia earnings beat
Thursday 22 Feb 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as traders digested blockbuster earnings from chipmaker Nvidia and thumbed over minutes from the Federal Open Mar... Read More
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AI boom sees earnings rocket at Nvidia
Thursday 22 Feb 2024
(Sharecast News) - Shares in Nvidia sparked on Thursday, after the US chipmaker saw sales surge on booming demand for artificial intelligence. Read More
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Danone confident after reporting rise in full-year sales
Thursday 22 Feb 2024
(Sharecast News) - French food multinational Danone reported a 7% jump in full-year net sales on a like-for-like basis in its 2023 results on Thursday, to €27.62bn. Read More
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Asia report: Nikkei reaches record high amid strong regional gains
Thursday 22 Feb 2024
(Sharecast News) - Stock markets across the Asia-Pacific region surged on Thursday, buoyed by Japan's Nikkei hitting a record high, despite concerning business activity data from the country. Read More
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Eurozone inflation edges lower in January
Thursday 22 Feb 2024
(Sharecast News) - Eurozone inflation edged lower last month, official data showed on Thursday, as widely expected. Read More
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Eurozone activity downturn easing as services recover - PMI
Thursday 22 Feb 2024
(Sharecast News) - The downturn in the eurozone services sector showed signs of easing, although manufacturing was still in the doldrums, according to a widely-watched survey published on Thursday. Read More
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US close: Stocks mixed following FOMC minutes, Nvidia earnings in focus
Wednesday 21 Feb 2024
(Sharecast News) - Wall Street stocks delivered a mixed performance on Wednesday as attention turned to earnings from chipmaker Nvidia and minutes from the FOMC's latest policy meeting. Read More
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