International News
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Kering taps Demna Gvasalia for new artistic director of Gucci
Friday 14 Mar 2025
(Sharecast News) - Shares in luxury goods firm Kering were down double-digits in early trading after it tapped Demna Gvasalia to take over as new artistic director of Gucci. Read More
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Shein confirms plans to float, but questions remain over valuation and timing
Friday 14 Mar 2025
(Sharecast News) - Chinese fast fashion giant Shein has confirmed plans to float on the stock market, but has yet to disclose a preference on the location, timing or valuation. Read More
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German consumer inflation eases, but wholesale prices surge
Friday 14 Mar 2025
(Sharecast News) - Consumer price inflation in Germany unexpectedly slowed in February, though wholesale price surged by their most in nearly two years, according to data from the Federal Statistical ... Read More
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Russian president backs idea of stopping hostilities, but calls for 'enduring peace'
Friday 14 Mar 2025
(Sharecast News) - Russian President Vladimir Putin said that he agreed with the proposal to stop the hostilities, but that it should lead to long-term peace and eliminate the original roots of the cr... Read More
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US close: Dow Jones extends losing streak to fourth session
Thursday 13 Mar 2025
(Sharecast News) - Major indices closed lower on Thursday as market participants digested yet another key inflation reading and new tariff threats from the White House. Read More
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Europe close: Stocks end mostly lower on trade tensions, Ukraine also in focus
Thursday 13 Mar 2025
(Sharecast News) - European shares were mostly lower on Thursday, after the White House threatened to place a 2005 tariff on EU wine, champagne and spirits in response to the bloc's own retaliatory me... Read More
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US open: Stocks lower as Trump threatens further tariffs
Thursday 13 Mar 2025
(Sharecast News) - Major indices were in the red early on Thursday as market participants digested yet another key inflation reading and new tariff threats from the White House. Read More
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US initial jobless claims fall by 2,000
Thursday 13 Mar 2025
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated clip in the week ended 8 March, according to the Labor Department. Read More
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US wholesale prices unchanged in February
Thursday 13 Mar 2025
(Sharecast News) - Wholesale prices were unchanged in February, according to the Bureau of Labor Statistics, proving to somewhat quell inflation fears amid ongoing concerns regarding Donald Trump's tr... Read More
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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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