International News
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China megacities ease curbs on home buying, PBoC acts again
Monday 30 Sep 2024
(Sharecast News) - Three Chinese megacities announced the relaxation of home buying rules in the latest round of measures aimed at boosting the country's ailing economy, while the central bank said it... Read More
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Rightmove tells shareholders to 'take no action' over £6.2bn REA offer
Friday 27 Sep 2024
(Sharecast News) - Rightmove responded to a fourth unsolicited and "highly conditional" acquisition proposal from REA Group on Friday afternoon, urging shareholders to take no action while it consider... Read More
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US open: Dow Jones records solid gains following PCE report
Friday 27 Sep 2024
(Sharecast News) - Wall Street stocks were higher early on Friday following a solid session for the Dow Jones on Thursday. Read More
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FTSE 250 movers: Burberry gains on China boost
Friday 27 Sep 2024
(Sharecast News) - FTSE 250 (MCX) 21,145.04 0.64% Read More
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CMA clears Amazon's partnership with Anthropic
Friday 27 Sep 2024
(Sharecast News) - The Competition and Markets Authority said on Friday that it had cleared Amazon's artificial intelligence partnership with San-Francisco based AI start-up Anthropic. Read More
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US PCE growth slows to 2.2pc in August
Friday 27 Sep 2024
(Sharecast News) - Inflation inched closer towards the Federal Reserve's target last month, according to the Commerce Department, paving the way for future interest rate cuts. Read More
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US pre-open: Futures slightly lower ahead of PCE reading
Friday 27 Sep 2024
(Sharecast News) - Wall Street futures were slightly lower ahead of the bell on Friday following a solid session for the Dow Jones on Thursday. Read More
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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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