International News
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German consumer confidence improves, but macro outlook worsens
Thursday 26 Sep 2024
(Sharecast News) - A survey gauging consumer sentiment in Germany improved more than expected this month, but confidence still remains well below the historic average as declining economic expectation... Read More
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H&M cuts 2024 earnings target, shares fall
Thursday 26 Sep 2024
(Sharecast News) - Fashion giant Hennes & Mauritz cut its full-year margin target on Thursday, weighing on shares, after a "challenging" third quarter. Read More
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SNB cuts rates by 25 basis points to 1.0%
Thursday 26 Sep 2024
(Sharecast News) - The Swiss National Bank cut interest rates on Thursday to 1.0% from 1.25%, in line with expectations. Read More
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China pledges to step up economic support amid fears of slowdown
Thursday 26 Sep 2024
(Sharecast News) - China's leadership on Thursday pledges to increase support for the local economy, days after the country's central bank big stimulus measures amid nervousness over a slowdown. Read More
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US close: Indices retreat from record highs in quiet session
Wednesday 25 Sep 2024
(Sharecast News) - US stocks finished mostly lower on Wednesday as investors chose to take profits after the record highs seen on the Dow and S&P 500 the previous session, as optimism surrounding stim... Read More
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Europe close: Stocks inch lower as China optimism fades
Wednesday 25 Sep 2024
(Sharecast News) - Stocks across Europe finished Wednesday's session marginally lower with markets rangebound as optimism surrounding China's latest stimulus package quickly faded. Read More
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Google accuses Microsoft of anti-competitive tactics in EU cloud market
Wednesday 25 Sep 2024
(Sharecast News) - Google has accused Microsoft of using anti-competitive legacy licensing practices to lock European customers into its cloud platform. Read More
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US open: Stocks mixed following record close for Dow
Wednesday 25 Sep 2024
(Sharecast News) - Wall Street stocks were early on Wednesday following the Dow Jones and S&P 500's record close in the previous session. Read More
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Strikes warning as pay talks get underway at Volkswagen
Wednesday 25 Sep 2024
(Sharecast News) - Unions at Volkswagen warned on Wednesday of potential strikes at the carmaker's German factories, as annual pay negotiations got underway. Read More
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US pre-open: Futures mixed following Dow's record close
Wednesday 25 Sep 2024
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Wednesday following the Dow Jones' record close in the previous session. Read More
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SAP shares drop on probe into US federal price fixing
Wednesday 25 Sep 2024
(Sharecast News) - Shares in SAP were down nearly 4% on Wednesday on reports that the German enterprise software giant, among others, is being investigated for potential price-fixing on government con... Read More
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OECD raises UK growth forecast for 2024
Wednesday 25 Sep 2024
(Sharecast News) - The Organisation for Economic Cooperation and Development (OECD) revised its forecast for the UK economy on Wednesday, projecting faster growth than Japan, Italy, and Germany this y... Read More
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Asia report: Markets finish mixed in wake of PBoC easing
Wednesday 25 Sep 2024
(Sharecast News) - Asian markets experienced a mixed day of trading on Wednesday, with Chinese stocks leading gains in the region following Beijing's latest stimulus measures. Read More
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Sweden's Riksbank trims interest rates
Wednesday 25 Sep 2024
(Sharecast News) - Sweden's central bank trimmed interest rates on Wednesday, in line with expectations, and said it expected to cut further in the coming months. Read More
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China unveils another stimulus measure to stimulate demand
Wednesday 25 Sep 2024
(Sharecast News) - China's central bank on Wednesday slashed it medium-term lending facility from 2.3% to 2.0%, marking the largest reduction of interest rates for one-year loans to financial institut... Read More
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Europe close: China stimulus boosts markets, Stoxx 600 nears record high
Tuesday 24 Sep 2024
(Sharecast News) - European stocks rose for the second straight day on Tuesday, as investors shrugged off yet more disappointing economic data from Germany and instead focused on an encouraging stimul... Read More
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US consumer confidence drops sharply in September
Tuesday 24 Sep 2024
(Sharecast News) - Confidence levels among US consumers fell by the most in more than three years in September, with the outlook on business conditions turning negative. Read More
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US open: Stocks mixed following September consumer confidence reading
Tuesday 24 Sep 2024
(Sharecast News) - Wall Street stocks were mostly lower early on Tuesday following fresh consumer confidence data but the Dow Jones still looked set to build upon its record close. Read More
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US home prices hit record highs, but growth slows
Tuesday 24 Sep 2024
(Sharecast News) - House-price growth in the US slowed in July but still reached another all-time high, according to closely watched S&P CoreLogic Case-Shiller data on Tuesday. Read More
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Blackstone, Vista Equity to buy Smartsheet in $8.4bn deal
Tuesday 24 Sep 2024
(Sharecast News) - Collaboration software maker Smartsheet rallied on Tuesday after agreeing to be bought by alternative asset manager Blackstone and global investment firm Vista Equity Partners in an... Read More
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