International News
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SoftBank unveils share buyback as losses narrow
Wednesday 07 Aug 2024
(Sharecast News) - Technology investing giant SoftBank Group reported a significant reduction in losses for its fiscal first quarter on Wednesday, alongside a bold plan to repurchase up to $3.4bn wort... Read More
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Asia report: Most markets rise as global rebound continues
Wednesday 07 Aug 2024
(Sharecast News) - Asia-Pacific markets extended their rally on Wednesday, buoyed by Wall Street's recovery after a three-day losing streak. Read More
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Siemens Energy posts Q3 profit, hikes FY free cash flow guidance
Wednesday 07 Aug 2024
(Sharecast News) - German gas and power business Siemens Energy upped its free cash flow guidance for the second time in three months on Wednesday amid stronger demand for its power grid technology an... Read More
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Puma narrows full-year profit guidance, shares tank
Wednesday 07 Aug 2024
(Sharecast News) - Puma tanked on Wednesday as the sportswear maker narrowed its full-year core profit forecast, noting that macroeconomic and geopolitical challenges were weighing on consumer sentime... Read More
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Commerzbank plans big share buyback despite profit dip
Wednesday 07 Aug 2024
(Sharecast News) - Commerzbank, Germany's second-largest listed bank, announced a 4.8% decline in second-quarter net profit on Wednesday, reporting earnings of €538m compared to €565m in t... Read More
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Maersk upgrades guidance after strong second quarter
Wednesday 07 Aug 2024
(Sharecast News) - Maersk reported a significant improvement in its second-quarter financial performance on Wednesday, driven by strong volume growth across all of its business segments. Read More
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Novo Nordisk lifts sales outlook but Q2 profits miss the mark
Wednesday 07 Aug 2024
(Sharecast News) - Shares in Novo Nordisk slumped in Copenhagen on Wednesday after the Danish pharma group missed forecasts with its second-quarter profits and cut its earnings guidance for the full y... Read More
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German industrial production jumps more than expected in June on auto output
Wednesday 07 Aug 2024
(Sharecast News) - Industrial production in Germany jumped in June, led by a partial rebound in output from the auto sector. Read More
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BoJ's Uchida says rates won't rise when markets unstable
Wednesday 07 Aug 2024
(Sharecast News) - Bank of Japan deputy governor Shinichi Uchida said the central bank would not lift interest rates when the markets are unstable, in response to this week's volatility that saw a mas... Read More
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US close: Stocks rebound from Monday's sell-off
Tuesday 06 Aug 2024
(Sharecast News) - Wall Street stocks closed higher on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier. Read More
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Europe close: Stocks stage small rebound after global sell-off
Tuesday 06 Aug 2024
(Sharecast News) - European stocks edged higher on Tuesday after dropping to a six-month low the previous session, though the rebound was relatively mild with investor confidence still dampened by the... Read More
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US open: Stocks higher following Monday's sell-off
Tuesday 06 Aug 2024
(Sharecast News) - Wall Street stocks were in the green early on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier. Read More
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US trade deficit shrinks less than expected
Tuesday 06 Aug 2024
(Sharecast News) - The US trade deficit narrowed in June, pulling back from its highest level in 20 months, according to the Bureau of Economic Analysis, but still came in above market forecasts. Read More
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Caterpillar beats profit forecasts despite revenue fall
Tuesday 06 Aug 2024
(Sharecast News) - Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin. Read More
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Uber beats expectations with strong second-quarter growth
Tuesday 06 Aug 2024
(Sharecast News) - Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-y... Read More
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US pre-open: Futures higher following Monday's sell-off
Tuesday 06 Aug 2024
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday as major indices look to bounce back from heavy losses recorded across global markets in the previous session. Read More
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Monte dei Paschi upgrades profit outlook and payout ratio
Tuesday 06 Aug 2024
(Sharecast News) - Shares in Monte dei Paschi rose strongly on Tuesday after the Italian bank upgraded its payout ratio following a strong second quarter, and signalled it was close to selling its Fre... Read More
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Asia report: Japan rebound leads regional gains
Tuesday 06 Aug 2024
(Sharecast News) - Markets across the Asia-Pacific region showed mixed performances on Tuesday, with Japan leading the charge after a historic rebound in its stock market. Read More
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Eurozone construction downturn worsens further in July due to housing
Tuesday 06 Aug 2024
(Sharecast News) - An already deep downturn in euro area construction intensified slightly more last month, the results of a survey revealed. Read More
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Saudi Aramco to return $124bn to shareholders in FY24
Tuesday 06 Aug 2024
(Sharecast News) - State-owned petroleum and natural gas company Saudi Aramco will return more than $120.0bn to shareholders in FY24 following a "market-leading performance" during H1. Read More
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