International News
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Pfizer in talks to buy biotech Seagen - report
Monday 27 Feb 2023
(Sharecast News) - Pfizer is reportedly in talks to acquire biotech Seagen Inc, which focuses on developing and commercialising monoclonal antibody-based therapies for the treatment of cancer. Read More
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Fed's Mester says 'a little more' needs to be done on rates
Friday 24 Feb 2023
(Sharecast News) - A top US central bank official said a little more remained to be done with interest rates in order for inflation to be brought under control. Read More
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Europe close: Stocks hit by hot US inflation data
Friday 24 Feb 2023
(Sharecast News) - European shares fell into the red on Friday as hotter-than-expected readings on US inflation stoked a risk-off environment. Read More
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US new home sales rebound unexpectedly in January
Friday 24 Feb 2023
(Sharecast News) - New home selling activity in the US picked up at the start of 2023, but some economists believed the burst of activity would prove short-lived. Read More
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Belluscura oxygen concentrator launched on GoodRx platform
Friday 24 Feb 2023
(Sharecast News) - Belluscura announced on Friday that its 'X-PLOR' portable oxygen concentrator (POC) was now available in the US through GoodRx, making it the first medical device in its field marke... Read More
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US consumer confidence edges past forecasts in February, University of Michigan says
Friday 24 Feb 2023
(Sharecast News) - Consumer confidence in the US improved for a third consecutive month, boosted by an improved short-run outlook for the economy, the results of a closely followed survey revealed. Read More
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Americans splash out with abandon in January
Friday 24 Feb 2023
(Sharecast News) - American consumers splashed out with abandon at the start of 2023. Read More
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US pre-open: Stocks seen lower ahead of key inflation reading
Friday 24 Feb 2023
(Sharecast News) - Stocks on Wall Street looked set for a weaker open on Friday as investors eyed a key US inflation reading. Read More
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BASF cuts jobs, warns on earnings
Friday 24 Feb 2023
(Sharecast News) - BASF is to axe more than 2,000 jobs and shutter plants, the German chemicals giant said on Friday, sending the shares lower. Read More
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Asia report: Stocks mixed as Japan inflation reaches 41-year high
Friday 24 Feb 2023
(Sharecast News) - Stock markets in the Asia-Pacific region closed in a mixed state on Friday, February 24, as investors reacted to a record high inflation rate in Japan. Read More
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UK unveils fresh round of sanctions against Russia
Friday 24 Feb 2023
(Sharecast News) - The UK government has marked the first anniversary of war in Ukraine by announcing further sanctions against Russia. Read More
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Cryptos face more volatility; Bitcoin falls below $24,000 again
Friday 24 Feb 2023
(Sharecast News) - The volatility in the cryptocurrency market continues. As soon as it rose, Bitcoin (BTC) fell again by a remarkable 2% to stand again below $24,000. Ethereum (ETH), meanwhile, dropp... Read More
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German economy shrinks by more than expected
Friday 24 Feb 2023
(Sharecast News) - The German economy shrunk by more than expected in the last three months of 2022, official data showed on Friday, increasing the prospect of the country falling into recession. Read More
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US close: Stocks slightly higher after set of mixed data
Friday 24 Feb 2023
(Sharecast News) - Stocks on Wall Street finished slightly higher on Thursday, following the release of a mixed batch of economic data. Read More
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Europe close: Stocks finish higher
Thursday 23 Feb 2023
(Sharecast News) - European markets moved higher on Thursday even after the release of data showing that the US jobs market remained tight while inflation estimates for the fourth quarter were revised... Read More
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US open: Moderate gains on Wall Street
Thursday 23 Feb 2023
(Sharecast News) - Stocks on Wall Street were trading moderately higher early on Thursday following the release of a mixed batch of economic data. Read More
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US Q4 GDP growth revised a tad lower to 2.7%
Thursday 23 Feb 2023
(Sharecast News) - The US economy expanded at a slightly slower pace at the end of 2022 than previously thought, but price pressures were greater. Read More
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Weekly US jobless claims dip
Thursday 23 Feb 2023
(Sharecast News) - The US jobs market remained tight, the latest weekly jobless claims data showed. Read More
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US pre-open: Wall Street futures point higher with Nvidia in focus as AI play
Thursday 23 Feb 2023
(Sharecast News) - Wall Street looked set for a bounce as investors took the latest Fed meeting minutes released overnight in their stride. Read More
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Asia report: Stocks mixed as Bank of Korea pauses rate hikes
Thursday 23 Feb 2023
(Sharecast News) - Asia-Pacific stock markets have finished Thursday's trading in a mixed state, after the release of the latest minutes from the US Federal Reserve overnight indicated further interes... Read More
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