International News
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Citigroup considering at least 10% job cuts in major businesses - report
Monday 06 Nov 2023
(Sharecast News) - Citigroup's managers and consultants working on chief executive Jane Fraser's reorganisation have reportedly discussed job cuts of at least 10% in several major businesses. Read More
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US pre-open: Futures point to modest gains following banner week
Monday 06 Nov 2023
(Sharecast News) - US stocks were being called to open slightly firmer ahead of the bell on Monday as major indices come off their best week so far this year. Read More
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Eurozone services PMI contracts as expected in October
Monday 06 Nov 2023
(Sharecast News) - The Eurozone's services sector contracted for the third straight month in October as expected, with final figures released on Monday confirming earlier 'flash' estimates. Read More
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Korean markets surge on reinstatement of short-selling ban
Monday 06 Nov 2023
(Sharecast News) - South Korean stocks surged on Monday in response to a reinstated ban on short-selling from financial authorities. Read More
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Asia report: Kospi leads gains as Seoul re-bans short-selling
Monday 06 Nov 2023
(Sharecast News) - South Korean stocks surged on Monday, leading gains in the Asia-Pacific region after the country re-imposed a ban on short selling. Read More
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German factory orders rise, but revisions paint gloomy outlook
Monday 06 Nov 2023
(Sharecast News) - Factory orders in Germany unexpectedly rose in September, figures from the Deutsche Bundesbank revealed on Monday, though downward revisions to previous data point to a bleak outloo... Read More
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Europe close: Stocks end bumper week with fifth day of gains
Saturday 04 Nov 2023
(Sharecast News) - European stocks capped a bumper week with a fifth straight session of gains as optimism continued to rise that central banks may be done with monetary tightening. Read More
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US close: Stocks higher despite weaker-than-expected jobs report
Saturday 04 Nov 2023
(Sharecast News) - US stocks closed higher on Friday following the release of a weaker-than-expected non-farm payrolls report for last month. Read More
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US open: Stocks modestly higher after softer-than-expected jobs data
Friday 03 Nov 2023
(Sharecast News) - Stocks in the US were trading on the front foot following the release of a weaker-than-expected non-farm payrolls report for last month. Read More
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US economy adds fewer jobs than expected in October
Friday 03 Nov 2023
(Sharecast News) - The US economy added fewer jobs than expected in October, according to data released on Friday by the Bureau of Labor Statistics. Read More
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CMA secures data commitments from Amazon and Meta
Friday 03 Nov 2023
(Sharecast News) - The Competition and Markets Authority announced on Friday that it has separately secured commitments from two major tech giants, Amazon and Meta Platforms, to promote fair competiti... Read More
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BMW Group upbeat after robust third quarter
Friday 03 Nov 2023
(Sharecast News) - Automaker BMW Group reported a robust third-quarter performance on Friday, with a higher margin in its core cars business as it remained optimistic about its annual forecasts. Read More
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Asia report: Markets finish higher after wave of economic data
Friday 03 Nov 2023
(Sharecast News) - Asia-Pacific markets experienced gains at the week's close, driven by fresh data insights into the region's business activity. Read More
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US pre-open: Futures pull back before jobs report, Apple underwhelms
Friday 03 Nov 2023
(Sharecast News) - US stocks were expected to pull back slightly on Friday after strong gains over recent sessions, with nerves setting in ahead of a potentially market-moving monthly jobs report. Read More
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Third-quarter profits tumble at SocGen
Friday 03 Nov 2023
(Sharecast News) - Societe Generale reported a slide in quarterly revenues and profits on Friday, dragged lower by a weaker performance at its retail bank. Read More
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German exports and imports both weaken in September
Friday 03 Nov 2023
(Sharecast News) - Fresh data on German trade released on Friday underscored the ongoing fragility faced by Europe's top economy, coming in worse than expected. Read More
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Maersk to cut 10,000 jobs; lowers profit guidance
Friday 03 Nov 2023
(Sharecast News) - AP Moller-Maersk is to cut more than 10,000 jobs worldwide, the shipping group confirmed on Friday, after demand and prices both fell sharply. Read More
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China services PMI picks up less than expected
Friday 03 Nov 2023
(Sharecast News) - Activity in China's services sector picked up less than expected in October, according to figures released on Friday. Read More
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Sam Bankman-Fried found guilty of FTX fraud
Friday 03 Nov 2023
(Sharecast News) - Former crypto tycoon Sam Bankman-Fried has been convicted of fraud and money laundering by a court in New York. Read More
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US close: Stocks buoyant as central banks pause rates
Friday 03 Nov 2023
(Sharecast News) - Wall Street trading saw a surge in US stock values on Thursday, driven by investor optimism surrounding the Federal Reserve's monetary policies. Read More
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