International News
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Europe close: Stocks end mixed despite in-line CPI data Stateside
Wednesday 13 Nov 2024
(Sharecast News) - European shares finished on a mixed note on Wednesday after a weak session in Asia as investors worried about the possible imposition of tariffs by the new US administration. Read More
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BioNTech to acquire China's Biotheus in $800m deal
Wednesday 13 Nov 2024
(Sharecast News) - German biotechnology company BioNTech announced the $800m acquisition of Chinese biotech firm Biotheus on Wednesday, in a bid to further strengthen its oncology pipeline. Read More
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Charter Communications to buy Liberty Broadband in all-share deal
Wednesday 13 Nov 2024
(Sharecast News) - Cable operator Charter Communications said on Wednesday that it has agreed to buy Liberty Broadband, which is controlled by US cable pioneer John Malone, in an all-share deal. Read More
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US open: Stocks mixed following October CPI reading
Wednesday 13 Nov 2024
(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as market participants digested fresh inflation data. Read More
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US CPI rises by 0.2pc in October
Wednesday 13 Nov 2024
(Sharecast News) - The US consumer price index increased to 315.66 points in October, according to the Bureau of Labor Statistics, up from 315.30 points in September. Read More
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Sweden's Klarna files for US IPO
Wednesday 13 Nov 2024
(Sharecast News) - Swedish buy-now-pay-later firm Klarna has filed paperwork with the US Securities and Exchange Commission as it looks to list in the US. Read More
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US mortgage applications rise just 0.5pc
Wednesday 13 Nov 2024
(Sharecast News) - US mortgage applications rose 0.5% in the week ended 8 November, according to the Mortgage Bankers Association of America, principally due to a 72 basis point surge in benchmark int... Read More
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US pre-open: Futures trade lower ahead of CPI reading
Wednesday 13 Nov 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday as market participants awaited fresh inflation data. Read More
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Asia report: Regional stocks follow Wall Street lower
Wednesday 13 Nov 2024
(Sharecast News) - Asia-Pacific markets largely declined on Wednesday, mirroring Wall Street's post-election rally, which lost momentum overnight. Read More
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Siemens Energy ups mid-term targets after stellar results, shares soar
Wednesday 13 Nov 2024
(Sharecast News) - Shares in German energy giant Siemens Energy surged by almost a fifth on Wednesday after the company upped its medium-term financial forecasts after hitting all of its annual goals ... Read More
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US close: Stocks retreat from record highs as post-election rally stalls
Wednesday 13 Nov 2024
(Sharecast News) - US stocks snapped a five-day winning streak on Tuesday, pulling back from record levels as the post-election rally ran out of steam with bond yields at a four-month high. Read More
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Europe close: Stoxx 600 hits three-month low on China, US tariff fears
Tuesday 12 Nov 2024
(Sharecast News) - European stocks fell sharply on Tuesday to a three-month low as a gloomy German sentiment survey and ongoing concerns about US tariff concerns triggered a sell-off. Read More
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OPEC cuts oil demand forecasts for fourth straight month
Tuesday 12 Nov 2024
(Sharecast News) - The Organization of Petroleum Exporting Countries has lowered its outlook for oil demand this year for the fourth straight month after pushing back a scheduled production increase a... Read More
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SoftBank smashes forecasts with big Q2 profit
Tuesday 12 Nov 2024
(Sharecast News) - Japanese investment giant SoftBank smashed forecasts with results for its second fiscal quarter, as big gains in its tech investments helped it swing to a massive $7.7bn net profit. Read More
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SoftBank smashes forecasts with big Q2 profit
Tuesday 12 Nov 2024
(Sharecast News) - Japanese investment giant SoftBank smashed forecasts with results for its second fiscal quarter, as big gains in its tech investments helped it swing to a massive $7.7bn net profit. Read More
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Elliott takes $5bn stake in Honeywell, urges split into two businesses
Tuesday 12 Nov 2024
(Sharecast News) - Activist investor Elliott Investment Management called on Honeywell International to break itself up on Tuesday, as it said it had taken a $5bn stake in the company. Read More
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US open: Stocks build on record highs
Tuesday 12 Nov 2024
(Sharecast News) - Wall Street trading got off to a positive start on Tuesday after closing at fresh record highs in the previous session. Read More
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Schrödinger surges on Novartis collaboration agreement
Tuesday 12 Nov 2024
(Sharecast News) - Schrödinger surged on Tuesday after it announced a $2.5bn research collaboration and license agreement with Novartis to advance multiple development candidates into the Swiss pharma... Read More
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Home Depot ups full-year outlook after Q3 beat
Tuesday 12 Nov 2024
(Sharecast News) - Home improvement retailer Home Depot reported a small increase in profits in the third quarter as lower margins were offset by higher sales, with results coming in ahead of market e... Read More
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US pre-open: Futures lower following Monday's record close
Tuesday 12 Nov 2024
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday after closing at fresh record highs in the previous session. Read More
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