International News
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Eurozone construction downturn worsens further in July due to housing
Tuesday 06 Aug 2024
(Sharecast News) - An already deep downturn in euro area construction intensified slightly more last month, the results of a survey revealed. Read More
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Saudi Aramco to return $124bn to shareholders in FY24
Tuesday 06 Aug 2024
(Sharecast News) - State-owned petroleum and natural gas company Saudi Aramco will return more than $120.0bn to shareholders in FY24 following a "market-leading performance" during H1. Read More
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Euro area retail sales dip a tad more than expected in June
Tuesday 06 Aug 2024
(Sharecast News) - Retail sales inside the single currency bloc slipped by a tad more than expected in June. Read More
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German factory orders rise for first time this year
Tuesday 06 Aug 2024
(Sharecast News) - Factory orders in Germany in June rose for this year, smashing forecasts following a decline the previous months, according to data from the Federal Statistical Office on Tuesday. Read More
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RBA keeps rates unchanged but says inflation 'too high'
Tuesday 06 Aug 2024
(Sharecast News) - Rate-setters Down Under kept policy unchanged but sounded a hawkish note on the outlook for rates. Read More
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US close: Dow Jones sheds more than a thousand points amid recession fears
Monday 05 Aug 2024
(Sharecast News) - Wall Street stocks closed sharply lower on Monday amid fears that a potential US recession may be on the horizon. Read More
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Europe close: Stocks pummeled as global carry trade continues to unwind
Monday 05 Aug 2024
(Sharecast News) - European shares were sharply lower again at the start of the week, although the selling did abate a bit and appeared to be centred on some of the most popular 'carry trades' globall... Read More
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US services PMI rises to 51.4 in July
Monday 05 Aug 2024
(Sharecast News) - The Institute for Supply Management's services purchasing managers index rose to 51.4 in July, up from the more than four-year low of 48.8 recorded in June and ahead of market expec... Read More
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US open: Stocks sharply lower amid recession fears
Monday 05 Aug 2024
(Sharecast News) - Wall Street stocks were firmly in the red early on Monday amid fears that a potential US recession may be on the horizon. Read More
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BioNTech losses more-than-quadruple in second quarter
Monday 05 Aug 2024
(Sharecast News) - German pharmaceutical company BioNTech reported a sharp increase in losses for its second quarter on Monday, as it pivoted away from its Covid-19 vaccine business towards cancer dru... Read More
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US pre-open: Futures sharply lower amid recession fears, tech sell-off
Monday 05 Aug 2024
(Sharecast News) - Wall Street futures were firmly in the red ahead of the bell on Monday amid fears that a potential US recession may be on the horizon. Read More
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Mars exploring acquisition of Pringles owner Kellanova - report
Monday 05 Aug 2024
(Sharecast News) - Food giant Mars is reportedly exploring a potential acquisition of snack maker and Pringles owner Kellanova. Read More
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Asia report: Japanese crash leads big slide for region's markets
Monday 05 Aug 2024
(Sharecast News) - Asia-Pacific markets experienced a significant downturn on Monday, led by a crash in Japan's stock indices. Read More
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Kosmos Energy reports strong second-quarter production
Monday 05 Aug 2024
(Sharecast News) - Kosmos Energy reported net income of $60m for its second quarter on Monday, translating to 12 cents per diluted share, while on an adjusted basis, its net income reached $80m, or 17... Read More
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Eurozone economy stalls in July
Monday 05 Aug 2024
(Sharecast News) - The eurozone economy stalled in July as demand for goods and services deteriorated, according to a survey released on Monday. Read More
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SocGen to sell Swiss, UK private banking arms to UBP in €900m deal
Monday 05 Aug 2024
(Sharecast News) - Societe Generale said on Monday that it has agreed to sell its Swiss and UK private banking arms to Union Bancaire Privée (UBP), a Swiss bank specialised in wealth and asset managem... Read More
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China services sector growth picks up in July - Caixin
Monday 05 Aug 2024
(Sharecast News) - Activity in China's services sector picked up in July, according to a survey released on Monday. Read More
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US close: Stocks sharply lower for second-straight session
Friday 02 Aug 2024
(Sharecast News) - Wall Street stocks closed sharply on Friday amid resurgent fears of a potentially oncoming recession. Read More
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Europe close: Another soft US jobs report stokes volatility and losses
Friday 02 Aug 2024
(Sharecast News) - European equities extended the previous session's sharp falls as another weak reading on US non-farm payrolls sparked talk - rightly or wrongly - of a 'policy error' by that country... Read More
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Iberdrola to buy 88% stake in Electricity North West for £2.1bn
Friday 02 Aug 2024
(Sharecast News) - Iberdrola said on Friday that it has agreed to buy an 88% stake in Electricity North West (ENW) in the UK for £2.1bn. Read More
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