International News
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Bronfman withdraws bid for Paramount, making way for Skydance deal
Tuesday 27 Aug 2024
(Sharecast News) - Edgar Bronfman Jr officially withdrew his bid to acquire Paramount Global on Tuesday, effectively clearing the way for Skydance Media to take control of the company. Read More
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Asia report: Most markets follow Wall Street lower
Tuesday 27 Aug 2024
(Sharecast News) - Asia-Pacific markets largely fell on Tuesday, mirroring losses in key US indices overnight and reflecting cautious investor sentiment as they assessed mixed economic data from China... Read More
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German economy stagnated in second quarter, revised data shows
Tuesday 27 Aug 2024
(Sharecast News) - Economic activity in Germany held steady in the second quarter, according to upwardly revised gross domestic product estimates released on Tuesday. Read More
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German consumer sentiment to deteriorate in September - GfK
Tuesday 27 Aug 2024
(Sharecast News) - German consumer sentiment is expected to deteriorate sharply in September, according to a survey released on Tuesday by GfK and the Nuremberg Institute for Market Decisions (NIM). Read More
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BHP beats forecasts as underlying profits rise
Tuesday 27 Aug 2024
(Sharecast News) - Mining titan BHP reported a bigger-than-expected increase in full-year underlying profits, helped by record volumes of iron ore and higher copper output, but warned of an "uneven" r... Read More
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US close: Dow sets new record but markets finish mixed
Tuesday 27 Aug 2024
(Sharecast News) - US stocks finished in mixed fashion on Monday, but that didn't stop the Dow Jones Industrial Average setting a new all-time closing high as sentiment continues to be lifted by expec... Read More
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US open: Stocks mixed following Powell's Jackson Hole comments
Monday 26 Aug 2024
(Sharecast News) - Wall Street stocks were mixed early on Monday as market participants continued to digest news that the Federal Reserve now appeared to be on the cusp of making interest rate cuts. Read More
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US pre-open: Powell's Jackson Hole speech continues to lift stocks
Monday 26 Aug 2024
(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Monday as market participants cheered news that the Federal Reserve appeared to be on the cusp of making interest rate ... Read More
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US close: Stocks surge as Powell signals impending rate cut
Friday 23 Aug 2024
(Sharecast News) - Wall Street's three equity benchmarks surged well over 1% each on Friday after the head of the Federal Reserve cemented expectations for an interest-rate cut next month, saying "the... Read More
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Europe close: Stocks extend gains as Fed chief signals rate cuts lie ahead
Friday 23 Aug 2024
(Sharecast News) - European stocks pushed higher still at the end of the week after the head of America's central bank clearly signalled that a first interest rate cut in the current cycle was coming ... Read More
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'The time has come', Fed's Powell says
Friday 23 Aug 2024
(Sharecast News) - "The time has come for policy to adjust" the head of America's central bank said, an unmistakable signal that interest rates were set to start being reduced. Read More
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US new home sales jump in July
Friday 23 Aug 2024
(Sharecast News) - Sales of newly-built homes jumped during the previous month. Read More
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US open: Stocks higher following Powell's Jackson Hole speech
Friday 23 Aug 2024
(Sharecast News) - Wall Street stocks were firmly in the green early on Friday as market participants turned their attention to Federal Reserve chairman Jerome Powell's remarks at the central bank's W... Read More
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US pre-open: Futures trade higher ahead of Jackson Hole
Friday 23 Aug 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers. Read More
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US pre-open: Futures trade higher ahead of Jackson Hole
Friday 23 Aug 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers. Read More
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Asia report: Markets mixed ahead of Jackson Hole symposium
Friday 23 Aug 2024
(Sharecast News) - Asia-Pacific markets showed a mixed performance on Friday, as investors awaited remarks from US Federal Reserve chairman Jerome Powell at the Jackson Hole economic symposium later i... Read More
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Nestle announces CEO departure, shares slump
Friday 23 Aug 2024
(Sharecast News) - Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe. Read More
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US close: Stocks pull back ahead of Jackson Hole event
Thursday 22 Aug 2024
(Sharecast News) - US stocks declined on Thursday as risk appetite was scaled back ahead of Federal Reserve chair Jerome Powell's hotly anticipated speech at the Jackson Hole economic symposium in Wyo... Read More
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Europe close: Stocks rise on rate-cut hopes after ECB minutes
Thursday 22 Aug 2024
(Sharecast News) - The Stoxx 600 gained on Thursday despite a barrage of mixed economic data, with the stocks resuming their recent rally on rising hopes that central banks in Europe and the US will m... Read More
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US existing home sales rebound, snap four months of declines
Thursday 22 Aug 2024
(Sharecast News) - Existing home sales in the US rebounded slightly in July after a sharp drop the previous month, according to data out on Thursday from the National Association of Realtors. Read More
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