International News
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Deutsche Bank looks to form 'bad bank' as part of serious overhaul
Monday 17 Jun 2019
(Sharecast News) - Deutsche Bank will form a "bad bank" as part of a serious overhaul of its operations as chief executive Christian Sewing looks to turn the German lender away from investment banking... Read More
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Terveystalo taking over operations of Finland's Welfare District of Forssa
Monday 17 Jun 2019
(Sharecast News) - Finnish healthcare provider Terveystalo announced on Monday that it would buy the occupational health operations of the Welfare District of Forssa via an agreement signed on 17 June... Read More
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Lufthansa warns on profits amid growing competition
Monday 17 Jun 2019
(Sharecast News) - Lufthansa cut its 2019 outlook on Monday as it warned that market-wide overcapacities and "aggressively" growing low-cost competitors are putting pressure on yields in the European ... Read More
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US close: Stocks end the week with losses as weak Chinese data weighs on sentiment
Friday 14 Jun 2019
(Sharecast News) - Stocks closed lower on Friday as investors reacted to economic data out of China and tensions between the US and Iran following an attack on two oil tankers in the Gulf of Oman a da... Read More
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Europe close: Stocks slip on geopolitical concerns
Friday 14 Jun 2019
(Sharecast News) - Stocks finished the week on a down note, weighed down by a spate of mixed readings on the Chinese economy for the month of May and amid heightened tensions in the Persian Gulf. Read More
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Facebook hires Standard Chartered executive ahead of crypto launch
Friday 14 Jun 2019
(Sharecast News) - Facebook has hired a senior Standard Chartered executive, Ed Bowles, ahead of the expected launch of its very own cryptocurrency and financial services business. Read More
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US open: Stocks head south following weak data out of China
Friday 14 Jun 2019
(Sharecast News) - Wall Street trading began with losses on Friday as investors reacted to economic data out of China and tensions between the US and Iran following an attack on two oil tankers in the... Read More
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US consumers' inflation expectations hit 40-year low in May, UofM says
Friday 14 Jun 2019
(Sharecast News) - Americans' outlook on the economy didn't worsen by as much as had been expected in June, according to the results of a closely-followed survey, but their expectations for inflation ... Read More
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Rouble strengthens after Russian central bank cuts rates, as expected
Friday 14 Jun 2019
(Sharecast News) - Russia's central bank took back its late 2018 pre-emptive interest rate hike as it revised its near-term forecasts for inflation and economic growth lower, leaving the door open to ... Read More
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US industrial production edges past forecasts in May
Friday 14 Jun 2019
(Sharecast News) - US industrial production rose more quickly than expected last month, led by a jump in utilities output. Read More
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US retail sales rise past forecasts in May thanks to revisions
Friday 14 Jun 2019
(Sharecast News) - US retail sales rose more quickly than expected last month, amid upwards revisions to readings for the previous month. Read More
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Pernod Ricard buys majority stake in Kentucky-based Rabbit Hole Whiskey
Friday 14 Jun 2019
(Sharecast News) - France's Pernod Ricard has added Bourbon to its portfolio with the acquisition of a majority share in Kentucky-based Rabbit Hole Whiskey. Read More
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Broadcom warns on impact of trade uncertainty, Huawei restrictions
Friday 14 Jun 2019
(Sharecast News) - US chip maker Broadcom turned cautious on the outlook for the back half of 2019 on Thursday, citing the "continued geopolitical uncertainties" and the impact of export restrictions ... Read More
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Spain's Indra may bid for majority stake in Rolls-Royce's ITP Aero
Friday 14 Jun 2019
(Sharecast News) - Spanish information technologies outfit Indra has expressed an interest in acquiring a majority stake in ITP Aero from Rolls Royce. Read More
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Bayer set to invest €5bn in research for new weedkillers
Friday 14 Jun 2019
(Sharecast News) - Pharmaceutical company Bayer is set to invest €5bn (£4.5 bn) in weedkiller research as if faces mounting litigation against its US arm over its Roundup pesticide which claimants all... Read More
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US pre-open: Stocks look set decline as White House blames Iran for tanker attacks
Friday 14 Jun 2019
(Sharecast News) - Wall Street futures were pointing to losses ahead of the weekend as investors reacted to economic data out of China and tensions between the US and Iran following an attack on two o... Read More
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Asia report: Markets mixed as investors hold their breath over Gulf tensions
Friday 14 Jun 2019
(Sharecast News) - Markets in Asia were in a mixed state as they closed on Friday, as Middle East tensions took a front seat following attacks on two tankers in the Gulf of Oman. Read More
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US releases footage 'showing Iran removing mine from tanker'
Friday 14 Jun 2019
(Sharecast News) - The US military released video footage it claimed showed an Iranian military patrol boat approach one of two tankers attacked in the Gulf of Oman on Thursday as tensions increased i... Read More
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Chinese industrial production drops to 17-year low in May
Friday 14 Jun 2019
(Sharecast News) - Chinese industrial production fell to its worst level in 17 years in May, according to figures released by the country's National Bureau of Statistics on Friday. Read More
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US close: Dow bounces back as energy stocks rally on news of tanker attacks
Thursday 13 Jun 2019
(Sharecast News) - Wall Street closed higher on Thursday after Donald Trump declined to set a deadline on slapping tariffs on a further $325bn-worth of Chinese imports and energy stocks rallied on the... Read More
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