International News
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US close: Stocks rally as investors revel in strong earnings, Netflix surges in after-hours trading
Tuesday 16 Oct 2018
(Sharecast News) - US stocks closed higher on Tuesday, with the Dow Jones picking up nearly 550 points on the back of solid earnings and some strong economic data. Read More
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Netflix shares leap following third-quarter earnings beat
Tuesday 16 Oct 2018
(Sharecast News) - Netflix shares surged as much as 12% in after-hours trading following the release of its third-quarter earnings on Tuesday. Read More
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Europe close: Stocks extend bounce
Tuesday 16 Oct 2018
(Sharecast News) - Stocks extended their bounce on Tuesday, helped by a rally in Italian government debt markets and stronger-than-expected quarterly results from several US corporate heavyweights, al... Read More
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US open: Wall Street trading kicks off with some early gains
Tuesday 16 Oct 2018
(Sharecast News) - Wall Street trading got off to a positive start on Tuesday following the losses seen during the previous session, as a raft of earnings releases rolled in. Read More
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Audi to pay €800m fine in diesel emissions scandal
Tuesday 16 Oct 2018
(Sharecast News) - Audi has agreed to pay an €800m fine, closing a probe into Volkswagen's diesel emissions scandal that has already cost the company around €27bn. Read More
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Facebook to make political 'dark ads' transparent to users
Tuesday 16 Oct 2018
(Sharecast News) - Facebook will introduce a tool to reveal to users what British political groups are behind the "dark ads" on their site in order to inform them of what parties and pressure groups a... Read More
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Morgan Stanley's third-quarter numbers beat the Street
Tuesday 16 Oct 2018
(Sharecast News) - Investment banking giant Morgan Stanley turned in a quarterly report card that topped analysts' expectations for both earnings and revenues on Tuesday. Read More
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US industrial production boosted by autos, 'base effects' in September
Tuesday 16 Oct 2018
(Sharecast News) - US industrial production continued growing at a steady clip last month on the back of increased mining and manufacturing output, with the latter boosted by higher output of autos wh... Read More
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US housebuilder sentiment unexpectedly improves in October
Tuesday 16 Oct 2018
(Sharecast News) - Sentiment among US housebuilders unexpectedly improved in October, according to data released on Tuesday. Read More
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Fund managers most bearish on global outlook since 2008 - survey
Tuesday 16 Oct 2018
(Sharecast News) - Fund managers are as pessimistic about the world economy as they were ten years ago, when the financial crisis devastated global markets. Read More
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Strong demand for cancer drugs boosts Johnson & Johnson
Tuesday 16 Oct 2018
(Sharecast News) - America's Johnson & Johnson, the world's largest healthcare company, narrowly beat analysts' forecasts after strong demand for its cancer drugs bolstered third-quarter sales. Read More
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Oil price wavers as traders eye Saudi Arabia reaction to Khashoggi case
Tuesday 16 Oct 2018
(Sharecast News) - Saudi Arabia could "weaponise" its dominance of the oil market if it is hit with sanction by the US government over the missing Saudi journalist Jamal Khashoggi, analysts suggested ... Read More
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German business sentiment tumbles on trade war, Brexit woes
Tuesday 16 Oct 2018
(Sharecast News) - German economic sentiment tumbled in October amid worries about trade tensions between the US and China and the potential for a hard Brexit, according to the latest survey from the ... Read More
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China September CPI, factory gate prices reflect slower growth
Tuesday 16 Oct 2018
(Sharecast News) - The latest readings on inflation in China at both the consumer and factory gate level were pointing to slower economic growth ahead, economists said. Read More
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Walmart cuts earnings outlook on Flipkart acquisition
Tuesday 16 Oct 2018
(Sharecast News) - Walmart downgraded its 2019 earnings forecast on Tuesday to account for its acquisition of Indian e-commerce company Flipkart earlier this year. Read More
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Asia report: Markets mixed amid China inflation data, Saudi Arabia concerns
Tuesday 16 Oct 2018
(Sharecast News) - Markets in Asia ended their sessions in a mixed state on Tuesday, as geopolitical tensions around Saudi Arabia continued to tighten, and following a weak close on Wall Street overni... Read More
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Goldman Sachs soundly beats third quarter forecasts
Tuesday 16 Oct 2018
(Sharecast News) - Wall Street banking giant Goldman Sachs beat analysts' forecasts for its third quarter earnings on the back of a stronger-than-expected performance from its investment banking arm. Read More
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Volvo discovers faulty emissions component; shares tumble
Tuesday 16 Oct 2018
(Sharecast News) - Shares in Volvo Group have crashed after it warned of possibly "material" costs following the discovery that some engines could be exceeding emissions limits. Read More
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US pre-open: Stocks to rise as earnings roll in; Morgan Stanley impresses
Tuesday 16 Oct 2018
(Sharecast News) - US stocks looked set for a positive open on Tuesday following losses in the previous session, as a raft of earnings releases rolled in. Read More
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Euro area trade surplus widens more than expected in August
Tuesday 16 Oct 2018
(Sharecast News) - The euro area's foreign trade surplus with the rest of the world widened last month on the back of a sharp rise in the bloc's exports. Read More
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