International News
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Axel Springer to split classifieds business from media assets
Thursday 19 Sep 2024
(Sharecast News) - Politico owner Axel Springer said on Thursday that it had struck a deal with its largest shareholder KKR to split its classifieds business from its media assets. Read More
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Philly Fed manufacturing index unexpectedly turns positive
Thursday 19 Sep 2024
(Sharecast News) - Manufacturing activity in the Philadelphia region unexpectedly expanded in September after contracting sharply the previous month, though current indicators for the industry still r... Read More
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US initial jobless claims fall to four-month low
Thursday 19 Sep 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 14 September, according to the Labor Department, beating market expectations. Read More
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US pre-open: Futures sharply higher following Fed's big rate cute
Thursday 19 Sep 2024
(Sharecast News) - Wall Street futures were firmly in the green ahead of the bell on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point. Read More
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EU competition regulator launches compliance proceedings with Apple
Thursday 19 Sep 2024
(Sharecast News) - European Union competition authorities started proceedings against Apple on Thursday, in a bid to enforce compliance with regulations that mandate the company to open its proprietar... Read More
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EU court rules in UK's favour over alleged illegal tax breaks
Thursday 19 Sep 2024
(Sharecast News) - The European Union has overturned a court ruling against the UK relating to alleged tax breaks for multinational companies, it was confirmed on Thursday. Read More
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EU auto industry calls for 'urgent relief measures' as electric car sales plummet
Thursday 19 Sep 2024
(Sharecast News) - European automakers have called on governments for "urgent relief measures" before new emissions targets for cars and vans come into effect next year, as sales of battery-electric v... Read More
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Asia report: Markets buoyed by outsized Fed rate cut
Thursday 19 Sep 2024
(Sharecast News) - Asia-Pacific markets saw notable gains on Thursday as investors responded to the US Federal Reserve's decision to cut interest rates by an outsized half-percentage point overnight. Read More
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Norway's central bank holds interest rates steady
Thursday 19 Sep 2024
(Sharecast News) - Norway's central bank kept interest rates unchanged at a 16-year high of 4.5% on Thursday but said it intends to launch a rate cutting programme during the first quarter of 2025. Read More
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US close: Stocks fall, markets choppy as Fed slashes interest rates by 50bp
Wednesday 18 Sep 2024
(Sharecast News) - US stock markets finished a memorable day in the red on Wednesday as the Federal Reserve made its biggest cut to interest rates in 16 years. Read More
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Federal Reserve cuts rates by 'timely' 50bp, Bowman dissents
Wednesday 18 Sep 2024
(Sharecast News) - The US central bank surprised markets with a half percentage point interest rate cut. Read More
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Europe close: Investors trim positions ahead of pivotal Fed decision
Wednesday 18 Sep 2024
(Sharecast News) - European stocks pulled back on Wednesday as investors scaled back their positions with just hours to go before the Federal Reserve's policy decision, which is set to see the US cent... Read More
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US open: Stocks mixed as traders await FOMC decision
Wednesday 18 Sep 2024
(Sharecast News) - Wall Street stocks were mixed early on Wednesday as market participants looked ahead to the outcome of the Federal Reserve's two-day policy meeting. Read More
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Meyer Burger to slash workforce, shares fall
Wednesday 18 Sep 2024
(Sharecast News) - Shares in Meyer Burger fell sharply on Wednesday after the solar panel manufacturer announced plans to axe around a fifth of its workforce and shake up management, including replaci... Read More
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US housing starts surge in August
Wednesday 18 Sep 2024
(Sharecast News) - US housing starts surged 9.6% month-on-month in August to an annualised rate of 1.35m, according to the Census Bureau, beating market expectations for a reading of 1.31m. Read More
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General Mills underwhelms with Q1 results as profits fall
Wednesday 18 Sep 2024
(Sharecast News) - Shares in General Mills were falling in pre-market trade on Wednesday despite the American processed foods giant reiterating its full-year targets, as the company reported a decline... Read More
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US pre-open: Stocks cautiously higher ahead of FOMC decision
Wednesday 18 Sep 2024
(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Wednesday as market participants looked ahead to the outcome of the Federal Reserve's two-day policy meeting. Read More
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Eurozone inflation confirmed at 2.2% in August
Wednesday 18 Sep 2024
(Sharecast News) - Inflation in the eurozone fell to 2.2% in August from 2.6% a month earlier and confirming a flash estimate two weeks ago, according to official data published by the European Union ... Read More
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EU overturns €1.5bn antitrust fine for Google
Wednesday 18 Sep 2024
(Sharecast News) - The European Union has overturned a five-year-old €1.5bn antitrust fine for Google after a challenge from the American tech giant, the region's second-highest court announced ... Read More
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Campari head steps down after less than six months in charge
Wednesday 18 Sep 2024
(Sharecast News) - The chief executive of Italy's Davide Campari-Milano has resigned, it was announced on Wednesday, less than six months after he took up the role. Read More
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