International News
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Sixth Street, Patron reportedly considering bid for L&G-owned housebuilder Cala
Wednesday 04 Sep 2024
(Sharecast News) - US investment firm Sixth Street has partnered with Patron Capital Partners to compete against FTSE 100 housebuilder Persimmon in the bid to acquire privately-held UK housebuilder Ca... Read More
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Bank of Canada cuts rates for third time in a row, to 4.25%
Wednesday 04 Sep 2024
(Sharecast News) - The Bank of Canada cut its benchmark rate on Wednesday to 4.25% from 4.5%, in line with economists' expectations, amid easing inflationary pressures. Read More
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US job openings fall short of forecasts in July, but hiring and quits rise
Wednesday 04 Sep 2024
(Sharecast News) - The number of open job positions in the US slipped in July, but Americans were a tad more confident when it came to risking trying to change employers. Read More
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US open: Stocks mixed as Dow attempts to claw back losses
Wednesday 04 Sep 2024
(Sharecast News) - Wall Street stocks were mixed early on Wednesday as the blue-chip Dow Jones attempted to claw back some of yesterday's losses. Read More
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CMA clears Microsoft acquisition of Inflection AI assets
Wednesday 04 Sep 2024
(Sharecast News) - The Competition and Markets Authority (CMA) has approved Microsoft's acquisition of key personnel and intellectual property from Inflection AI, it announced on Wednesday, determinin... Read More
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Nordstrom gets $23 a share buyout proposal from family founders, Liverpool
Wednesday 04 Sep 2024
(Sharecast News) - Nordstrom confirmed on Wednesday that it has received a buyout proposal from members of the Nordstrom family and Mexican retailer El Puerto de Liverpool (Liverpool) at $23 per share... Read More
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US trade deficit yawns wider in July amid jump in technology imports
Wednesday 04 Sep 2024
(Sharecast News) - America's shortfall on trade with the rest of the world worsened as expected in July as outlays on imports surged. Read More
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US pre-open: Futures trade lower following heavy losses in previous session
Wednesday 04 Sep 2024
(Sharecast News) - Wall Street futures were in the red again ahead of the bell on Wednesday as re-emerging recession fears led to heavy losses in the previous session. Read More
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Service activity boosts eurozone private sector in August
Wednesday 04 Sep 2024
(Sharecast News) - The eurozone's private sector experienced its fastest growth in three months during August, driven by a stronger services sector, according to the latest Hamburg Commercial Bank (HC... Read More
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Asia report: Markets fall on fresh US economic jitters
Wednesday 04 Sep 2024
(Sharecast News) - Asia-Pacific markets fell sharply on Wednesday, driven by Japan's worst single-day drop since early August amid growing recession fears following a sell-off in US tech stocks overni... Read More
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China services activity slows as firms fret about costs - Caixin survey
Wednesday 04 Sep 2024
(Sharecast News) - China services sector activity showed slower growth last month as firms cut staffing in response to concerns about higher costs, according to a private survey published on Wednesday... Read More
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US close: Stocks sharply lower following August manufacturing PMIs
Tuesday 03 Sep 2024
(Sharecast News) - Wall Street stocks closed firmly lower on Tuesday as traders returned from the Labor Day long weekend to fresh manufacturing data. Read More
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ISM factory PMI edges up by less than expected in August
Tuesday 03 Sep 2024
(Sharecast News) - Factory sector activity in the States shrank at a slightly lower pace in August, the results of a closely followed survey showed. Read More
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US open: Stocks sharply lower following manufacturing PMIs
Tuesday 03 Sep 2024
(Sharecast News) - Wall Street stocks were firmly in the red early on Tuesday as traders returned from the Labor Day long weekend to fresh manufacturing data. Read More
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US pre-open: Stocks seen lower ahead of key data releases
Tuesday 03 Sep 2024
(Sharecast News) - US futures pointed to a weaker open on Wall Street on Tuesday as investors eyed key manufacturing data releases, as well as jobs data later in the week. Read More
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Asia report: Markets mixed as consumer inflation slows in Korea
Tuesday 03 Sep 2024
(Sharecast News) - Asia-Pacific markets mostly declined on Tuesday as investors reacted to South Korea's August inflation rate, which dropped to the lowest annual level since March 2021. Read More
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Cathay Pacific inspects all A350 jets after engine issue
Tuesday 03 Sep 2024
(Sharecast News) - Hong Kong's flag carrier was planning to axe an additional 10 return flights on Wednesday, following the discovery on Monday of a technical issue with a component of the Rolls-Royce... Read More
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Europe close: Stocks end mixed amid holiday Stateside
Monday 02 Sep 2024
(Sharecast News) - European shares finished on a mixed note on Monday as investors bid their time ahead of the release of a key monthly jobs report due out at the end of the week. Read More
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Volkswagen no longer ruling out plant closures, scraps job security agreement
Monday 02 Sep 2024
(Sharecast News) - German automotive giant Volkswagen warned on Monday that it would no longer be able to rule out plant closures across the country amid major cost-cutting efforts to "future-proof" t... Read More
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HPE to pursue up to $4bn from Mike Lynch estate - reports
Monday 02 Sep 2024
(Sharecast News) - Hewlett Packard Enterprise (HPE) will continue its pursuit of up to $4bn in damages from the estate of the late Autonomy founder Mike Lynch, it emerged on Monday, despite his recent... Read More
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