International News
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FTC probing OpenAI over consumer protection concerns
Thursday 13 Jul 2023
(Sharecast News) - The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopa... Read More
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Delta Air Lines posts record quarterly profits, shares at 52-week high
Thursday 13 Jul 2023
(Sharecast News) - Delta Airlines reported record quarterly sales and profits on the back of booming travel demand following the Covid-19 pandemic. Read More
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PepsiCo lifts guidance after strong second quarter
Thursday 13 Jul 2023
(Sharecast News) - Drinks and snacks giant PepsiCo reported a solid second-quarter performance on Thursday, topping expectations and leading to an upward revision of its guidance for the second consec... Read More
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US open: Stocks extend gains after softer-than-expected producer price data
Thursday 13 Jul 2023
(Sharecast News) - Wall Street shares were again trading on the front foot thanks to another subdued reading on price pressures. Read More
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US initial jobless claims unexpectedly fall
Thursday 13 Jul 2023
(Sharecast News) - The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data released on Thursday by the Labor Department. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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ExxonMobil to buy Denbury in $4.9bn deal
Thursday 13 Jul 2023
(Sharecast News) - ExxonMobil said on Thursday that it has agreed to buy oil and gas producer Denbury in an all-stock deal valued at $4.9bn, or $89.45 per share. Read More
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IEA trims global oil demand forecasts
Thursday 13 Jul 2023
(Sharecast News) - The International Energy Agency trimmed its forecasts for global oil demand on Thursday, on the back of "persistent" macroeconomic headwinds. Read More
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Eurozone industrial production ticks higher
Thursday 13 Jul 2023
(Sharecast News) - Industrial production across the Eurozone nudged higher in May, official data showed on Thursday. Read More
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US pre-open: Stocks set for more gains ahead of PPI data
Thursday 13 Jul 2023
(Sharecast News) - US stock futures pointed to a firmer open on Wall Street on Thursday, as investors eyed the release of more inflation data following a softer-than-expected consumer price inflation ... Read More
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Cryptos ignore the US CPI; Bitcoin moves away from $31,000
Thursday 13 Jul 2023
(Sharecast News) - The cryptocurrency market falls on Thursday. Bitcoin (BTC) has dropped 1% and stands at $30,400, sensibly far from $31,000, while Ethereum (ETH) retreats 0.9% to $1,870 after touchi... Read More
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Asia report: Markets jump on slowing US inflation
Thursday 13 Jul 2023
(Sharecast News) - Stock markets across the Asia-Pacific region recorded significant gains on Thursday, following the release of a fresh inflation report in the US overnight that showed the smallest r... Read More
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CMA says Microsoft can table a restructured takeover offer for Activision
Thursday 13 Jul 2023
(Sharecast News) - The Competition and Markets Authority opened the door to a possible approval of Microsoft's takeover of videogame maker Activision Blizzard. Read More
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Chinese export growth undershoots in June, but import volumes hold up
Thursday 13 Jul 2023
(Sharecast News) - China's foreign trade surplus widened a tad last month, chiefly as a result of slower export growth, but the underlying picture was somewhat better, some economists judged. Read More
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US close: Stocks rise on back of softer-than-expected inflation
Thursday 13 Jul 2023
(Sharecast News) - Wall Street stocks ended in positive territory on Wednesday, spurred on by the release of a softer-than-anticipated inflation report, easing investor concerns over the cost of livin... Read More
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US CPI gains slow further in June
Wednesday 12 Jul 2023
(Sharecast News) - Cost of living increases in the States continued to ebb last month, including at the so-called 'core' level. Read More
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Europe close: Stocks extend advance on news out of China, U.S.
Wednesday 12 Jul 2023
(Sharecast News) - European shares pushed higher as Chinese President Xi Jinping for a greater opening up of the Asian giant's economy. Read More
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US open: Stocks gain after downside June CPI surprise
Wednesday 12 Jul 2023
(Sharecast News) - Wall Street got a boost in the middle of the week from a softer-than-expected reading on the cost of living in the US. Read More
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Bank of Canada hikes rates by 25 basis points
Wednesday 12 Jul 2023
(Sharecast News) - The Bank of Canada lifted interest rates on Wednesday by 25 basis points to 5% - the highest level in 22 years. Read More
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