International News
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German business sentiment improves 'considerably' - Ifo
Monday 19 Dec 2022
(Sharecast News) - German business sentiment improved "considerably" in December, according to a survey released on Monday by the Ifo Institute. Read More
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Elon Musk asks Twitter if he should stand down as CEO
Monday 19 Dec 2022
(Sharecast News) - Twitter chief executive Elon Musk has asked users of the social media platform whether or not he should remain in the top job. Read More
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Uniper warns of 'possible insolvency'
Monday 19 Dec 2022
(Sharecast News) - Embattled German gas trader Uniper warned on Monday that it faces "possible insolvency" unless shareholders support an additional government bailout of more than €50.0bn. Read More
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Uniper warns of 'possible insolvency'
Monday 19 Dec 2022
(Sharecast News) - Embattled German gas trader Uniper warned on Monday that it faces "possible insolvency" unless shareholders support an additional government bailout of more than €50.0bn. Read More
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Europe close: Stocks end week on a down note, despite upbeat economic data
Friday 16 Dec 2022
(Sharecast News) - European shares ended the last full trading week of 2022 on a down note as the prospect of continuing rate rises to stymie inflation fuelled fears of slowdown and recession. Read More
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US open: Stocks lower as investors remain fearful of looming recession
Friday 16 Dec 2022
(Sharecast News) - Wall Street stocks were in the red early on Friday, putting major indices on track for a second consecutive week of losses as investors remain fearful of a coming recession. Read More
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Goldman Sachs may cut as many as 4,000 jobs - report
Friday 16 Dec 2022
(Sharecast News) - Goldman Sachs could reportedly cut as many as 4,000 jobs, or roughly 8% of the workforce, as chief executive officer David Solomon battles to contain a slump in profit and revenue. Read More
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US economic activity slows sharply in December, S&P Global says
Friday 16 Dec 2022
(Sharecast News) - Economic activity in the US slowed sharply further at the end of 2022, according to the results of two surveys. Read More
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Mazars quits work with crypto firms including Binance
Friday 16 Dec 2022
(Sharecast News) - Paris-based global auditor Mazars has suspended all of its work with cryptocurrency firms, it was reported on Friday, as the fallout from the collapse of FTX continued. Read More
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Eurozone trade deficit hits €26.5bn in October
Friday 16 Dec 2022
(Sharecast News) - The Euro Area's trade deficit narrowed to €26.5bn in October, according to Eurostat, down from €37.7bn in September as rising energy prices continued to weigh on the blo... Read More
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Asia report: Most markets weaker on renewed recession fears
Friday 16 Dec 2022
(Sharecast News) - Stock markets were broadly lower across the Asia-Pacific region on Friday, after a trifecta of interest rate rises in the UK, US and Europe earlier in the week led to growing fears ... Read More
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US pre-open: Futures have stocks extending yesterday's heavy losses
Friday 16 Dec 2022
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday, putting major indices on track for a second consecutive week of losses. Read More
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EZ Dec PMI shows fall at slower rate
Friday 16 Dec 2022
(Sharecast News) - The fall in Eurozone business activity slowed in December, indicating that any recession in the single currency bloc could be milder than expected, a survey showed on Friday. Read More
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Cryptos extend losses after central banks rate hikes
Friday 16 Dec 2022
(Sharecast News) - Cryptocurrencies extend their losses. Bitcoin (BTC), the world's largest digital currency, has dropped more than 1% on Friday and is moving away from $18,000, while Ethereum (ETH), ... Read More
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US close: Stocks sharply lower as Fed's rate decision remains in focus
Thursday 15 Dec 2022
(Sharecast News) - Wall Street stocks closed sharply lower on Thursday as market participants continued to process the Federal Reserve's latest policy update. Read More
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Europe close: Stocks drop as ECB sounds hawkish note
Thursday 15 Dec 2022
(Sharecast News) - European stock markets finished sharply lower on Thursday as interest rates were lifted in Switzerland, Norway, the UK and in the euro area even as investors were digesting hawkish ... Read More
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US industrial production dips amid drag from manufacturing
Thursday 15 Dec 2022
(Sharecast News) - Industrial production growth in the US fell short of forecasts last month due to the drag from factory and mining activity. Read More
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US open: Stocks sharply lower following Fed rate decision
Thursday 15 Dec 2022
(Sharecast News) - Wall Street stocks were sharply lower early on Thursday as market participants continued to process the Federal Reserve's latest policy update. Read More
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ECB will continue 50bp hikes for 'a period of time'
Thursday 15 Dec 2022
(Sharecast News) - The European Central Bank will continue hiking interest rates by 50 basis points per meeting for "a period of time", President Christine Lagarde said. Read More
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Americans rein in their spending a bit in November
Thursday 15 Dec 2022
(Sharecast News) - Americans unexpectedly reined in their spending a bit in November. Read More
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