International News
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Europe close: Stocks start Q2 off on weak note
Wednesday 01 Apr 2020
(Sharecast News) - Stocks on the Continent got off to a poor start for the second quarter with analysts pointing to the still impending peak in coronavirus cases in the States and poor economic data a... Read More
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IMF says global leaders should enact 'wartime' policy response
Wednesday 01 Apr 2020
(Sharecast News) - The International Monetary Fund said that global policymakers should enact "wartime" measures to fight the coronavirus crisis. Read More
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US open: Stocks turn red as Trump warns of 'very painful' few weeks
Wednesday 01 Apr 2020
(Sharecast News) - US stocks opened lower on Wednesday, continuing on from the losses recorded at the end of the Dow's worst first quarter in history. Read More
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US manufacturing slumps as Covid-19 shuts factories
Wednesday 01 Apr 2020
(Sharecast News) - US output slumped at its fastest pace since the height of the financial crisis in March, data published on Wednesday showed. Read More
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US ISM manufacturing PMI edges lower in March, but details very weak
Wednesday 01 Apr 2020
(Sharecast News) - A key gauge of US manufacturing sector conditions for March printed ahead of forecasts but sentiment around the near-term growth prospects for the economy were described as "strongl... Read More
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EU proposes wage support programme backed by all member states
Wednesday 01 Apr 2020
(Sharecast News) - The European Commission proposed a wage support programme for the bloc that would be guaranteed by all member states. Read More
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Private sector employment eases in the US, sharper falls predicted
Wednesday 01 Apr 2020
(Sharecast News) - Private sector employment eased in the US last month, figures released by consultancy ADP on Wednesday showed, but is expected to fall even further in the coming weeks because of th... Read More
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Market recovery will unravel, investor Howard Marks warns
Wednesday 01 Apr 2020
(Sharecast News) - The recent global market recovery will unwind as the impact of Covid-19 increases, the economy slumps into recession and corporate defaults rise, a prominent distressed debt investo... Read More
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Rio Tinto accused of violating human rights at Papua New Guinea plant
Wednesday 01 Apr 2020
(Sharecast News) - Mining giant Rio Tinto was accused of "multiple human rights violations" at its Panguna mine in Papua New Guinea after leaving people with poisoned water, polluted fields and a ruin... Read More
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Trump warns of 'painful' weeks ahead as coronavirus crisis hits US hard
Wednesday 01 Apr 2020
(Sharecast News) - US President Donald Trump warned of "painful" and "tough" two weeks ahead as he extended the social distancing measures across the country while predicting around 100,000 to 240,000... Read More
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US pre-open: Futures point to more losses as US coronavirus deaths top 4,000
Wednesday 01 Apr 2020
(Sharecast News) - US futures were pointing to another dour session on Wednesday, following on from the worst first quarter in history for the Dow and S&P 500. Read More
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Sports Direct said to be cutting executives' pay amid Covid-19
Wednesday 01 Apr 2020
(Sharecast News) - Frasers Group, the owner of Sports Direct, will reportedly restrict the salaries of its top executives to a maximum of ?40,000 as it looks to guarantee March and April salaries for ... Read More
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Asia report: Japan leads stocks lower amid poor manufacturing data
Wednesday 01 Apr 2020
(Sharecast News) - Most markets in Asia finished weaker on Wednesday, led lower by equities in Tokyo, as fresh manufacturing data there put a dent in sentiment amid the Covid-19 coronavirus pandemic. Read More
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China manufacturing stabilises in March
Wednesday 01 Apr 2020
(Sharecast News) - Chinese manufacturing stabilised in March after a record plunge caused by the coronavirus crisis, a survey showed. Read More
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Eurozone manufacturing plunges as Covid-19 takes toll
Wednesday 01 Apr 2020
(Sharecast News) - Manufacturing output in the eurozone shrank at the fastest pace since the 2009 global recession as the coronavirus crisis forced factories to close. Read More
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US close: Stocks head south to wrap up worst quarter on record
Wednesday 01 Apr 2020
(Sharecast News) - US stocks closed lower on Tuesday, shrugging off some strong manufacturing data out of China to wrap up the worst first quarter on record for the Dow and S&P 500. Read More
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Xerox abandons hostile takeover bid for HP due to pandemic
Tuesday 31 Mar 2020
(Sharecast News) - Xerox said on Tuesday that it had dropped its hostile takeover bid for HP due to the coronavirus outbreak. Read More
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Democrats and White House working on fourth economic relief package
Tuesday 31 Mar 2020
(Sharecast News) - Democrats in Congress and the White House were readying another economic relief package aimed at helping state governments, mortgage markets and the country's travel industry. Read More
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Fed broadens access to US dollar funding for dozens of central banks
Tuesday 31 Mar 2020
(Sharecast News) - America's central bank moved to meet the heightened demand for US dollar from overseas. Read More
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Houseparty offers $1m bounty for proof of hacking rumours
Tuesday 31 Mar 2020
(Sharecast News) - Video chat app Houseparty has offered a 1$m bounty to anyone with proof that rumours on social media that its platform can be hacked are true. Read More
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