International News
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Mallinckrodt and Endo to merge in $6.7bn deal
Thursday 13 Mar 2025
(Sharecast News) - Pharmaceutical firm Mallinckrodt said on Thursday that it has agreed to merge with Endo in a $6.7bn deal. Read More
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Trump threatens 200% tariff on EU alcohol imports
Thursday 13 Mar 2025
(Sharecast News) - Donald Trump's tariff saga continued on Thursday as the US President threatened to impose a 200% tariff on the European Union's alcohol imports if the bloc does not remove its tarif... Read More
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Asia close: Stocks slip amid US debt ceiling impasse, trade uncertainty
Thursday 13 Mar 2025
(Sharecast News) - Stocks in the Asia Pacific region traded slightly lower, pressured by news that the US congress might not meet the deadline to approve a Continuing Resolution and thus avoid a gover... Read More
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US pre-open: Futures lower ahead of February PPI reading
Thursday 13 Mar 2025
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Thursday as market participants looked ahead to yet another key inflation reading. Read More
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Eurozone industrial production rebounds in January
Thursday 13 Mar 2025
(Sharecast News) - Eurozone industrial production surprised on the upside in January, official data showed on Thursday, supported by expansion in Germany, the bloc's biggest economy. Read More
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US close: Stocks mixed following CPI reading, tariffs remain in focus
Wednesday 12 Mar 2025
(Sharecast News) - Major indices delivered a mixed performance on Wednesday as investors digested February's CPI reading and trade tensions between the US and a number of its major trading partners co... Read More
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Canada to launch reciprocal tariffs on $30bn of US imports
Wednesday 12 Mar 2025
(Sharecast News) - Canada is to impose 25% reciprocal tariffs on nearly $30bn-worth of US imports into the country in response to Donald Trump's "unjustified" trade war. Read More
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Rheinmetall posts record sales, order backlog as defence spending soars
Wednesday 12 Mar 2025
(Sharecast News) - Rheinmetall's share price surged on Wednesday after the German arms manufacturer reported record annual sales of nearly €10bn and a bumper order book of €55bn, saying th... Read More
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US open: Mixed start to trading as inflation, trade tensions remain in focus
Wednesday 12 Mar 2025
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as investors digested February's CPI reading and trade tensions between the US and a number of its major trading partners c... Read More
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Bank of Canada cuts rates again, but warns tariffs will ramp up inflation
Wednesday 12 Mar 2025
(Sharecast News) - The Bank of Canada has lowered interest rate for the seventh straight meeting but warned that its ongoing trade conflict with the US will likely increase price pressures. Read More
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Trade wars, political shocks a risk to eurozone inflation - Lagarde
Wednesday 12 Mar 2025
(Sharecast News) - Hitting the eurozone's inflation target would become more difficult due to shocks such as trade tariffs and climate change European Central Bank president Christine Lagarde said on ... Read More
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Northvolt files for bankruptcy in Sweden
Wednesday 12 Mar 2025
(Sharecast News) - Battery firm Northvolt has filed for bankruptcy in Sweden, it confirmed on Wednesday, effectively ending Europe's hopes of establishing a credible challenge to China. Read More
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US inflation slows more than expected
Wednesday 12 Mar 2025
(Sharecast News) - US inflation slowed more than expected in February, according to preliminary estimates released on Wednesday, with consumer prices rising just 0.2% - though cost pressures are likel... Read More
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US pre-open: Futures higher following February CPI reading
Wednesday 12 Mar 2025
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as investors digested February's better-than-expected CPI reading. Read More
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Puma warns of 'challenging' year ahead, shares plunge
Wednesday 12 Mar 2025
(Sharecast News) - Shares in Puma plunged on Wednesday, after the German fashion and sports brand warned that mounting geopolitical tensions would hit growth. Read More
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US mortgage applications start March with 11.2pc surge
Wednesday 12 Mar 2025
(Sharecast News) - US mortgage applications surged 11.2% in the week ended 7 March, according to the Mortgage Bankers Association of America. Read More
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Zealand Pharma shares surge on obesity drug tie-up with Roche
Wednesday 12 Mar 2025
(Sharecast News) - Zealand Pharma shares surged on Wednesday as it announced a collaboration with Roche on the sale of rights to an obesity therapy in a deal worth up to $5.3bn. Read More
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Shares in Inditex slide after current trading disappoints
Wednesday 12 Mar 2025
(Sharecast News) - Shares in Zara-owner Inditex fell sharply on Wednesday, after the Spanish giant saw sales growth slow. Read More
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Asia report: Markets mixed as investors brace for more volatility ahead
Wednesday 12 Mar 2025
(Sharecast News) - Asian stock markets finished in a mixed fashion on Wednesday as ongoing tariff-related uncertainty continued to weigh on risk appetite. Read More
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EU hits back as Trump's global steel tariffs take effect
Wednesday 12 Mar 2025
(Sharecast News) - Donald Trump's trade war escalated on Wednesday, after worldwide tariffs on steel and aluminium imports to the US came into effect. Read More
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