International News
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US close: Stocks turn positive after earnings from big banks
Tuesday 14 Jul 2020
(Sharecast News) - Wall Street stocks finished on a positive note on Tuesday, following key earnings reports from some of the country's biggest banks. Read More
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Europe close: Travel and technology issues pace losses
Tuesday 14 Jul 2020
(Sharecast News) - Travel and leisure, and technology issues weighed on Europe's main stockmarket gauges, although a positive start to the US second-quarter corporate reporting season helped to stem l... Read More
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US open: Mixed start to trading following bank earnings
Tuesday 14 Jul 2020
(Sharecast News) - Wall Street stocks open mixed on Tuesday following key earnings reports from some of the US' biggest banks. Read More
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EU set to maintain travel restrictions with most third countries
Tuesday 14 Jul 2020
(Sharecast News) - The European Union will not expand its list of countries allowed restriction-free travel when officials meet for their bi-weekly review. Read More
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Wells Fargo tumbles into the red, slashes dividend
Tuesday 14 Jul 2020
(Sharecast News) - US bank Wells Fargo has slashed its dividend after lower interest rates and soaring credit provisions prompted a slide into the red. Read More
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Rigel Pharmaceuticals jumps on news of Imperical College Covid-19 study
Tuesday 14 Jul 2020
(Sharecast News) - Shares of US drug developer Rigel Pharmaceuticals shot higher on news that researchers at Imperial College were set to launch a clinical trial into the use of one of its existing tr... Read More
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Huawei tech in UK's 5G network to be stripped out by 2027
Tuesday 14 Jul 2020
(Sharecast News) - Prime Minister Boris Johnson has ordered that all Huawei technology in the UK's 5G network must be taken down by 2027. Read More
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Citigroup tops estimates as trading revenues offset banking slowdown
Tuesday 14 Jul 2020
(Sharecast News) - Major US lender Citigroup posted better-than-expected second-quarter earnings on Tuesday as a surge in trading revenues helped offset a slowdown in its banking unit. Read More
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JP Morgan sets aside $10bn for potential defaults as second-quarter numbers beat forecasts
Tuesday 14 Jul 2020
(Sharecast News) - JP Morgan Chase & Co reported forecast-beating second-quarter numbers on Tuesday, after heightened market volatility delivered record trading revenues and helped offset a weaker per... Read More
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US core CPI edges past forecasts in June
Tuesday 14 Jul 2020
(Sharecast News) - The cost of living in the US increased slightly more quickly than anticipated amid broad gains in prices by categories. Read More
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Google pledges not to use Fitbit data for advertising
Tuesday 14 Jul 2020
(Sharecast News) - Google pledged to not use users' health data from fitness tracker company Fitbit to help it target ads in a move designed to help it clinch Brussels's approval for the purchase. Read More
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Chinese imports and exports jump past forecasts in June
Tuesday 14 Jul 2020
(Sharecast News) - Chinese foreign trade moved up a gear in June, belying a strong domestic economy and overseas. Read More
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Small US companies' earnings expectations plumb 10-year low in June, NFIB says
Tuesday 14 Jul 2020
(Sharecast News) - A stronger-than expected reading for a widely-followed gauge of small business confidence in June was misleading, some economists said. Read More
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Asia report: Markets lower despite better-than-expected China data
Tuesday 14 Jul 2020
(Sharecast News) - Equity markets in Asia closed mostly weaker on Tuesday, as investors digested fresh trade data out of China and continued to monitor the ongoing spread of Covid-19 around the world. Read More
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US pre-open: Stocks called to open higher ahead of bank earnings
Tuesday 14 Jul 2020
(Sharecast News) - Wall Street futures had stocks opening higher ahead of the bell on Tuesday ahead of key earnings reports from some of the US' biggest banks. Read More
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China to impose sanctions on Lockheed Martin over Taiwan arms deal
Tuesday 14 Jul 2020
(Sharecast News) - China is to impose sanctions on Lockheed Martin after the US government gave the green light to a sale of missile parts to Taiwan. Read More
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Google negotiates $4bn investment in Jio Platforms
Tuesday 14 Jul 2020
(Sharecast News) - Alphabet is in talks to invest $4bn in Jio Platforms, the digital arm of Indian Reliance Industries, Bloomberg reported on Tuesday. Read More
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German economic sentiment dips in July - ZEW
Tuesday 14 Jul 2020
(Sharecast News) - German economic sentiment dipped in July and the assessment of the current situation came in below expectations, the monthly ZEW survey of investors showed. Read More
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Weak UK May GDP growth hits hopes of sharp post-Covid recovery
Tuesday 14 Jul 2020
(Sharecast News) - Britain's economy grew by a lower-than-forecast 1.8% in May as businesses started to emerge from the coronavirus lockdown, official data revealed, dampening hopes of a sharp rebound... Read More
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US close: Markets finish mixed as Covid cases continue rising
Monday 13 Jul 2020
(Sharecast News) - Wall Street stocks closed in a mixed state on Monday, after another record spike in new Covid-19 cases in Florida at the weekend. Read More
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