International News
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Eurozone industrial production falls less than expected
Monday 15 Jul 2024
(Sharecast News) - Industrial production in the eurozone fell for the first time in four months in May, according to data from Eurostat on Monday, though the decline wasn't as bad as economists had fe... Read More
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Swatch shares sink as profits plunge on weak Chinese demand
Monday 15 Jul 2024
(Sharecast News) - Swatch Group's share price plunged by more than a tenth on Monday morning after the high-end watch and jewellery maker reported a larger-than-expected drop in first-half profits as ... Read More
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Chinese economic outlook worsens as data flurry misses forecasts
Monday 15 Jul 2024
(Sharecast News) - A flurry of economic data from China pointed to weakening conditions in the world's second largest economy over the final month of the second quarter. Read More
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US close: Markets rise despite bank sell-off as rate-cut hopes increase
Friday 12 Jul 2024
(Sharecast News) - US stocks finished higher with the Dow topping the 40,000 mark for the first time in nearly two months despite a gloomy start to bank earnings season, as expectations of an interest... Read More
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Europe close: Stocks rise after US producer price data, French names lead
Friday 12 Jul 2024
(Sharecast News) - European shares were higher on Friday, with sentiment buoyed by inflation data that economists said presaged a further slowdown in price pressures, thus raising hopes of a rate cut ... Read More
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US inflation expectations ease a tad in July, University of Michigan says
Friday 12 Jul 2024
(Sharecast News) - Consumer sentiment in the US remained little changed in July, although expectations for price gains did ease a tad, the results of a closely followed survey showed. Read More
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FTSE 250 movers: Moonpig rebounds; Workspace slides
Friday 12 Jul 2024
(Sharecast News) - FTSE 250 (MCX) 21,151.31 -0.18% Read More
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US open: Stocks trade higher following bank earnings
Friday 12 Jul 2024
(Sharecast News) - Wall Street stocks were in the green early on Thursday as investors digested more key inflation data and a number of earnings from major US banks. Read More
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US PPI comes in hotter than expected in June
Friday 12 Jul 2024
(Sharecast News) - The US producer price index advanced 0.2% in June, according to the Bureau of Labor Statistics, slightly more than the 0.1% increase expected on the Street. Read More
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Citigroup posts higher Q2 revenues and profit, lifts dividend
Friday 12 Jul 2024
(Sharecast News) - Citigroup posted higher quarterly revenues and profit, alongside an increased dividend. Read More
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Wells Fargo shares down in pre-market as Q2 net interest income falls
Friday 12 Jul 2024
(Sharecast News) - Banking giant Wells Fargo revealed on Friday that Q2 net interest income was almost down double-digits year-on-year. Read More
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JP Morgan reports big jump in Q2 revenues and profit, but cautions on tail risks
Friday 12 Jul 2024
(Sharecast News) - JP Morgan posted big increases on both its top and bottom lines, even as its boss continued to call attention to the potential risks on the horizon. Read More
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US pre-open: Stocks little changed as traders await bank earnings
Friday 12 Jul 2024
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Thursday ahead of more key inflation data and a number of earnings from major US banks. Read More
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Months of AT&T call records exposed in data breach
Friday 12 Jul 2024
(Sharecast News) - American telecoms giant AT&T revealed on Friday that the call and text logs of its customers were hacked between May and October 2022, and said that at least one person has been arr... Read More
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Norwegian Air shares jump as airline swings to Q2 profit
Friday 12 Jul 2024
(Sharecast News) - Shares in Norwegian Air surged on Friday after the carrier swung to a profit in the second quarter on the back of strong passenger growth and an improved cost performance. Read More
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Rio Tinto eyeing up possible mega deal - report
Friday 12 Jul 2024
(Sharecast News) - Blue chip miner Rio Tinto is understood to be eyeing up a list of possible takeover targets, it was reported on Friday, including Canada's Teck Resources. Read More
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Asia report: Markets up on US data; Yen in focus on BoJ speculation
Friday 12 Jul 2024
(Sharecast News) - Asian share markets closed largely higher as a fall in US inflation boosted hopes of a rate cut in September by the Federal Reserve, but Japanese stocks fell sharply on speculation ... Read More
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Ericsson warns of 'challenging' conditions, but Q2 profits beat forecasts
Friday 12 Jul 2024
(Sharecast News) - Swedish telecoms giant Ericsson reported a decline in sales in its second quarter and warned that market conditions would remain "challenging" for the rest of the year, but still ma... Read More
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SoftBank snaps up UK chipmaker Graphcore
Friday 12 Jul 2024
(Sharecast News) - SoftBank Group has snapped up UK start-up Graphcore, it was confirmed on Friday, as the Japanese tech giant continues to expand into artificial intelligence. Read More
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US close: Stocks end mixed despite inflation slowdown, Daly comments
Thursday 11 Jul 2024
(Sharecast News) - US stocks finished mixed on Thursday, with the Dow edging higher but the S&P 500 and Nasdaq sinking sharply back from record highs, despite rising hopes that the Federal Reserve may... Read More
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