International News
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US retail sales increase 0.4pc in October
Friday 15 Nov 2024
(Sharecast News) - US retail sales increased 0.4% month-on-month in October, according to the Census Bureau, following an upwardly revised 0.8% gain in September and beating consensus estimates of a 0... Read More
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Pharma stocks tank as Trump names RFK Jr health chief
Friday 15 Nov 2024
(Sharecast News) - Pharmaceutical and biotech stocks around the world slumped on Friday, after US president-elect Donald Trump appointed vaccine sceptic Robert F Kennedy Jr to his cabinet. Read More
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US pre-open: Futures mixed following Powell comments
Friday 15 Nov 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday, putting major indices on a course for a losing week following last week's solid post-election rally. Read More
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EU cuts eurozone GDP forecasts, says downside risks have increased
Friday 15 Nov 2024
(Sharecast News) - The European Commission has reduced its economic growth forecast for the eurozone next year, and warned that projections could be reduced further in the event of increased protectio... Read More
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Nissan shares jump as second activist buys stake
Friday 15 Nov 2024
(Sharecast News) - Shares in Nissan rose strongly in Tokyo on Friday after it was revealed that activist investor Oasis Management has taken a stake in the Japanese auto group, just days after another... Read More
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Asia report: Markets mixed as Trump rally fades
Friday 15 Nov 2024
(Sharecast News) - Markets in the Asia-Pacific region closed in a mixed state on Friday, after a weak session on Wall Street overnight as investors digested signals from the US Federal Reserve. Read More
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Chinese retail sales beat forecasts
Friday 15 Nov 2024
(Sharecast News) - Retail sales jumped in China last month, official data showed on Friday, in contrast to the ongoing gloom surrounding the under-pressure property sector. Read More
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Evotec surges on Halozyme takeover interest
Friday 15 Nov 2024
(Sharecast News) - Evotec surged on Friday after Halozyme Therapeutics confirmed it had submitted a non-binding proposal to buy the German biotech for €11.00 per share in cash, or about €2... Read More
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Europe close: Bargain-hunting helps markets rebound from three-month low
Thursday 14 Nov 2024
(Sharecast News) - European stocks jumped more than 1% on Thursday as a wave of corporate updates impressed the market, helping the Stoxx 600 to rebound from a three-month low. Read More
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Disney shares jump as blockbuster hits drive Q4 profits
Thursday 14 Nov 2024
(Sharecast News) - Disney's stock price jumped on Thursday morning after the media and entertainment giant impressed with its fourth-quarter earnings, helped by blockbuster releases Deadpool & Wolveri... Read More
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US open: Stocks mixed following PPI reading
Thursday 14 Nov 2024
(Sharecast News) - Wall Street trading got off to a mixed start early on Thursday as investors digested another batch of inflation data. Read More
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General Mills to buy Whitebridge Pet Brands for $1.45bn
Thursday 14 Nov 2024
(Sharecast News) - General Mills said on Thursday that it has agreed to buy Whitebridge Pet Brands' North American premium cat feeding and pet treating business for $1.45bn. Read More
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EU fines Meta EUR 798m over Facebook Marketplace competition concerns
Thursday 14 Nov 2024
(Sharecast News) - The European Union has imposed a €797.72m fine on Facebook's parent company Meta Platforms, it emerged on Thursday, after a detailed investigation into its Marketplace online ... Read More
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US initial jobless claims fall to 217,000
Thursday 14 Nov 2024
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 9 November, according to the Labor Department. Read More
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Tapestry and Capri scrap planned merger amid competition concerns
Thursday 14 Nov 2024
(Sharecast News) - Fashion giants Tapestry and Capri have scrapped their planned $8.5bn merger on the back of legal uncertainty after US regulators argued that the tie-up would eliminate head-to-head ... Read More
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US producer prices rise 0.2pc in October
Thursday 14 Nov 2024
(Sharecast News) - US producer prices increased in October, according to the Bureau of Labor Statistics. Read More
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US pre-open: Futures cautiously higher ahead of PPI figures
Thursday 14 Nov 2024
(Sharecast News) - Wall Street futures were cautiously higher ahead of the bell on Thursday as investors awaited another fresh inflation reading. Read More
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Eurozone employment grows in Q3, GDP at 0.4%
Thursday 14 Nov 2024
(Sharecast News) - Employment in the eurozone rose slightly more than expected in the third quarter, while the economy's growth rate was 0.4%, according to official flash estimates published on Thursd... Read More
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Asia report: Most markets fall after US inflation report
Thursday 14 Nov 2024
(Sharecast News) - Asia-Pacific markets mostly declined on Thursday following a US inflation report overnight that reinforced expectations of a Federal Reserve rate cut in December. Read More
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Data centre surge drives growth for Siemens
Thursday 14 Nov 2024
(Sharecast News) - Siemens reported significant gains in the past year on Thursday, driven by robust demand in energy and electrification sectors, despite ongoing challenges in its business divisions. Read More
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