International News
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EV truck maker Nikola files for bankruptcy
Wednesday 19 Feb 2025
(Sharecast News) - Heavy-duty electric truck maker Nikola Corporation has filed for Chapter 11 bankruptcy protection and intends to sell off its assets, the American firm announced on Wednesday. Read More
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US open: S&P 500 falls from record high
Wednesday 19 Feb 2025
(Sharecast News) - Major indices were in the red early on Wednesday, knocking the S&P 500 off its fresh record high. Read More
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US housing starts fall sharply as wintery conditions bite
Wednesday 19 Feb 2025
(Sharecast News) - Construction starts on privately owned housing in the United States sank sharply in January, according to figures out on Wednesday from the Census Bureau. Read More
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Southwest Airlines agrees to let Elliott buy up to 19.9pc of its shares
Wednesday 19 Feb 2025
(Sharecast News) - Southwest Airlines has amended its cooperation agreement with Elliott Investment Management, it was reported on Wednesday, allowing the activist investor to increase its economic ex... Read More
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China weakness weighs on full-year growth for Philips
Wednesday 19 Feb 2025
(Sharecast News) - Shares in Dutch healthcare technology company Philips were sliding on Wednesday, after it reported modest growth and improved profitability in 2024 amid a sharp decline in Chinese d... Read More
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Tapestry to sell Stuart Weitzman brand to Caleres for $105m
Wednesday 19 Feb 2025
(Sharecast News) - US fashion company Tapestry said on Wednesday that it has agreed to sell its Stuart Weitzman footwear brand to Caleres, a portfolio of consumer-driven footwear brands, for $105m in ... Read More
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Etsy disappoints with Q4 sales miss, shares drop
Wednesday 19 Feb 2025
(Sharecast News) - Shares in American ecommerce marketplace Etsy fell sharply on Wednesday as sales over the key holiday-shopping season missed the mark, though profits came in higher than forecasts. Read More
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US pre-open: Futures slightly lower after S&P 500's record close
Wednesday 19 Feb 2025
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday after the S&P 500 closed at a fresh record high a day earlier. Read More
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Asia report: Markets mixed on RBNZ rate cut, Japan trade deficit
Wednesday 19 Feb 2025
(Sharecast News) - Asia-Pacific markets traded mixed on Wednesday as investors reacted to US president Donald Trump's proposal of 25% tariffs on automotive, semiconductor, and pharmaceutical imports, ... Read More
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US, Russia end Ukraine war talks pledging closer ties
Wednesday 19 Feb 2025
(Sharecast News) - US and Russian officials ended their controversial meeting in Saudi Arabia on the future of a post-war Ukraine and pledged to explore closer economic and diplomatic ties. Read More
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Elon Musk's X valued at $44bn in new fundraising talks - report
Wednesday 19 Feb 2025
(Sharecast News) - Elon Musk's X is reportedly in discussions with investors regarding a fundraising that is valuing the social media company at $44bn. Read More
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Google agrees €326m payment to settle Italy tax case
Wednesday 19 Feb 2025
(Sharecast News) - Google has agreed to pay €326m to settle a tax dispute with Italian authorities, the Ansa news agency reported on Wednesday, citing Milan Chief Prosecutor Marcello Viola. Read More
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RBNZ slashes cash rate but warns on slower global growth, trade wars
Wednesday 19 Feb 2025
(Sharecast News) - New Zealand's central bank slashed its benchmark interest rate by 50 basis points on Wednesday but warned on geopolitical tensions and slower global growth. Read More
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US close: Stocks higher after late rally, S&P 500 hits new record
Tuesday 18 Feb 2025
(Sharecast News) - A late-afternoon rally pushed US stock markets into positive territory on Tuesday, helping the S&P 500 rise to a new record closing high Read More
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Continental to cut 3,000 jobs from auto R&D division
Tuesday 18 Feb 2025
(Sharecast News) - Car parts giant Continental has announced 3,000 job cuts from its global automotive research and development team as part of a move to address efficiency gaps and remain competitive... Read More
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US open: Stocks lower following Presidents Day break
Tuesday 18 Feb 2025
(Sharecast News) - Major indices were in the red early on Tuesday following yesterday's President's Day break. Read More
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Empire State manufacturing index rebounds but optimism fades
Tuesday 18 Feb 2025
(Sharecast News) - Business activity for manufacturers in New York State unexpectedly rebounded in February, according to a survey out on Tuesday from the New York Federal Reserve, though optimism reg... Read More
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Capgemini shares drop on 'uncertain' outlook
Tuesday 18 Feb 2025
(Sharecast News) - Shares in French tech consultancy Capgemini tanked on Tuesday after the company underwhelmed with its 2024 results, with management citing an "uncertain environment" and pointed to ... Read More
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US pre-open: Futures higher following Presidents Day break
Tuesday 18 Feb 2025
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Tuesday following yesterday's Presidents Day break. Read More
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German investor sentiment jumps ahead of federal elections
Tuesday 18 Feb 2025
(Sharecast News) - Investor morale in Germany saw a big uptick this month, with the removal of some domestic political uncertainty and rate cuts by the European Central Bank contributing to renewed op... Read More
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