International News
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Crude prices gain as OPEC+ extends supply cuts
Thursday 05 Dec 2024
(Sharecast News) - Oil prices were up on Thursday as OPEC+ members agreed to extend supply cuts for three months to the end of March after their recent non-ministerial meeting. Read More
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US initial jobless claims rise to 224,000
Thursday 05 Dec 2024
(Sharecast News) - Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 30 November, according to the Labor Department, hitting 224,000, up from 213,000 in the... Read More
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Airbus to cut 2,000 jobs as defence and space unit struggles
Thursday 05 Dec 2024
(Sharecast News) - Airbus has announced plans to cut just over 2,000 jobs across its defence and space business, including nearly 500 in the UK, in an attempt to slash costs. Read More
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US pre-open: Futures slightly lower following S&P 500 and Nasdaq's record closes
Thursday 05 Dec 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday following solid gains in the previous session. Read More
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Eurozone retail sales fall more than expected
Thursday 05 Dec 2024
(Sharecast News) - Retail sales in the eurozone fell for the first time in four months in October, reversing gains made the month before, according to figures out on Thursday from Eurostat. Read More
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Asia report: Markets mixed as Korean political fallout continues
Thursday 05 Dec 2024
(Sharecast News) - Asia-Pacific markets ended Thursday with a mixed performance as investors digested global political uncertainties and monitored local developments. Read More
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New orders slide in Eurozone construction sector - PMI
Thursday 05 Dec 2024
(Sharecast News) - The Eurozone's construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc's faltering economy. Read More
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German factory orders fall less than expected
Thursday 05 Dec 2024
(Sharecast News) - Factory orders in Germany slipped back in October after an upwardly revised surge the previous month, according to figures out on Thursday from Destatis. Read More
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US close: S&P 500 and Nasdaq hit fresh record highs
Wednesday 04 Dec 2024
(Sharecast News) - Major indices closed higher on Wednesday, with both the S&P 500 and Nasdaq Composite notching yet another record close. Read More
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Europe close: Stocks gain despite political uncertainty
Wednesday 04 Dec 2024
(Sharecast News) - European shares shrugged off political turmoil in South Korea and France to post gains on Wednesday. Read More
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ISM services PMI declines in November
Wednesday 04 Dec 2024
(Sharecast News) - The Institute for Supply Management's November services PMI declined to 52.1 in November, down from 56 in October and well and truly short of expectations for a reading of 55.5. Read More
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US open: Dow reverses Tuesday's losses, S&P 500 continues record-setting advance
Wednesday 04 Dec 2024
(Sharecast News) - Major indices were in the green on Wednesday as the S&P 500 continued to build up another record close. Read More
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US private sector adds fewer jobs than expected in November - ADP
Wednesday 04 Dec 2024
(Sharecast News) - Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP. Read More
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GM takes $5bn loss on Chinese business
Wednesday 04 Dec 2024
(Sharecast News) - US automotive giant General Motors' Chinese business has taken a $5.0bn charge amid an ongoing slowdown in what was once its largest market. Read More
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Eli Lilly weight-loss drug Zepbound beats Wegovy in trial
Wednesday 04 Dec 2024
(Sharecast News) - Eli Lilly said on Wednesday that a clinical trial had shown that patients taking its weight-loss drug Zepbound (tirzepatide) lost 47% more weight than those taking Novo Nordisk's We... Read More
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US weekly mortgage applications rise 2.8pc
Wednesday 04 Dec 2024
(Sharecast News) - US mortgage applications rose 2.8% in the week ended 29 November, according to the Mortgage Bankers Association. Read More
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US pre-open: Futures mixed following S&P 500's record close
Wednesday 04 Dec 2024
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Wednesday after the S&P 500 notched up another fresh record close. Read More
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OECD ups growth forecast but warns of risks from protectionism, geopolitics
Wednesday 04 Dec 2024
(Sharecast News) - Global economic activity is expected to accelerate next year, according to the OECD, but geopolitical instability and protectionist moves by governments threaten to disrupt the path... Read More
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Faltering service sector weighs heavily on Eurozone
Wednesday 04 Dec 2024
(Sharecast News) - The Eurozone economy slipped into contraction in November, a closely-watched survey showed on Wednesday, after services output slumped. Read More
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Faltering service sector weighs heavily on Eurozone
Wednesday 04 Dec 2024
(Sharecast News) - The Eurozone economy slipped into contraction in November, a closely-watched survey showed on Wednesday, after services output slumped. Read More
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