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Trump names former rival Ben Carson as housing secretary choice

Trump names former rival Ben Carson as housing secretary choice

Mon, 05 December 2016

(ShareCast News) - US president-elect Donald Trump has appointed fellow Republican Ben Carson as his housing secretary as he puts together his cabinet ahead of his entry into the Oval Office on 20 Jan... [more]

US service industry improves more than expected in November

US service industry improves more than expected in November

Mon, 05 December 2016

(ShareCast News) - Service sector activity in the US improved more than expected in November, according to figures released on Monday. The Institute for Supply Management's index of non-manufacturing ... [more]

Buffett remains optimistic about strength of the US economy

Buffett remains optimistic about strength of the US economy

Mon, 05 December 2016

(ShareCast News) - Famed investor Warren Buffett has said that the election of Donald Trump does not affect his long-term outlook for the strength of the economy in the United States, and he maintains... [more]

Markit's US services PMI ticks lower in November

Markit's US services PMI ticks lower in November

Mon, 05 December 2016

(ShareCast News) - Growth in the US services sector slowed in November, according to figures released on Monday. Markit's final services business activity index came in at 54.6 in November, down a tou... [more]

Exxon CEO reportedly being considered as Trump's secretary of state

Exxon CEO reportedly being considered as Trump's secretary of state

Mon, 05 December 2016

(ShareCast News) - Rex Tillerson, chief executive officer of US oil corporation ExxonMobil, is reportedly being considered by Donald Trump for the key cabinet position of secretary of state. Trump beg... [more]

Manuel Valls expected to announce bid for France's presidency

Mon, 05 December 2016

(ShareCast News) - France's Prime Minister Manuel Valls is to throw his hat in the ring to become France's next president. Valls is expected to announce his candidacy for the Socialist party ticket in... [more]

Eurozone retail sales rise more than expected in October

Mon, 05 December 2016

(ShareCast News) - Retail sales in the 19 countries that share the euro rose more than expected in October, according to the latest figures from Eurostat. Retail sales were up 1.1% from September, bea... [more]

Italian PM Renzi resigns after crushing referendum defeat

Mon, 05 December 2016

(ShareCast News) - Matteo Renzi has resigned as Italian prime minister after his constitutional reforms were roundly rejected in a referendum vote on Sunday. Renzi had said in the lead up to the cruci... [more]

Eurozone services PMI ticks higher in November

Mon, 05 December 2016

(ShareCast News) - Markit's final eurozone composite output index came in at 53.9 in November, down from the flash estimate of 54.1 but up from October's 53.3. This marked the best reading since Decem... [more]

Trump doubles down in weekend attacks on China following Taiwan call

Mon, 05 December 2016

(ShareCast News) - US president-elect Donald Trump has aimed a volley of attacks towards China after being criticised for breaking decades of presidential convention by taking a call from Taiwanese le... [more]

German finance minister Schäuble offers Greece ultimatum on economic reform

Mon, 05 December 2016

(ShareCast News) - Greece will have to leave the Eurozone if it does not agree to a set of economic reforms, according to Germany's finance minister Wolfgang Schäuble, ahead of a key meeting of Europe... [more]

Prime minister of New Zealand John Key to resign due to family reasons

Mon, 05 December 2016

(ShareCast News) - New Zealand's hugely popular prime minister John Key has unexpectedly announced his intention to resign from his position next week. Key was elected in 2008 having taken over as lea... [more]

Austrians reject far-right presidential candidate Norbert Hoffer

Mon, 05 December 2016

(ShareCast News) - Austrians rejected far-right candidate Norbert Hofer becoming the country's next head of state on Sunday. Hofer lost the re-run of the presidential election, for a largely ceremon... [more]

Italians vote against constitutional reform by larger than expected margin

Mon, 05 December 2016

(ShareCast News) - Italians rejected their Prime Minister´s proposed constitutional reform by a wider than expected margin in the referendum carried out overnight, with markets initially apparently un... [more]

Over one million EU citizens face deportation risk as residency applications rocket

Fri, 02 December 2016

(ShareCast News) - European citizens residing in Britain are waiting anxiously to find out whether they will be deported from the region after Brexit as they are unable to prove their right to residen... [more]

US non-farm payrolls increase by 178,000 in November

Fri, 02 December 2016

(ShareCast News) - Employment conditions in the States continued to improve at a steady clip in November, although upwards wage pressures were more restrained than in the previous month. US non-farm p... [more]

Head of India's national stock exchange resigns

Fri, 02 December 2016

(ShareCast News) - The chief of India's stock exchange resigned on Friday with immediate effect, ahead of its initial public offering. Chitra Ramkrishna, the chief executive and managing director of t... [more]

Carlos Slim says Americans should be more worried about Trump than Mexicans

Fri, 02 December 2016

(ShareCast News) - Carlos Slim, the Mexican businessman who is one of the world's richest men, has said that he would be more worried about a Donald Trump presidency if he was a US citizen. During an ... [more]

Paris and Madrid among cities to ban use of diesel cars by 2025

Fri, 02 December 2016

(ShareCast News) - Leaders of four major cities have indicated they are ready to ban diesel vehicles by the year 2025, in an attempt to clean the air in many urban centres. Mayors in Paris, Madrid, Me... [more]

Eurozone producer prices rise more than expected in October

Fri, 02 December 2016

(ShareCast News) - Eurozone producer prices rose more than expected in October, according to the latest figures from Eurostat. Producer prices increased 0.8% from September compared to expectations fo... [more]

Trump says US companies to face "consequences" if jobs are moved abroad

Fri, 02 December 2016

(ShareCast News) - US president-elect Donald Trump has promised that companies in the United States which attempt to outsource jobs to other countries will face serious consequences. Trump won the US ... [more]

HSBC sees 'no' vote in Italy referendum, Renzi to stay and no early elections

Fri, 02 December 2016

(ShareCast News) - Markets appear to be positioned for a 'no' vote in Italy's referendum on constitutional reform on Sunday, HSBC said, with banks there underperforming their European peers by 9% and ... [more]

Trump names former Iraq and Afghanistan general Mattis as defence secretary

Fri, 02 December 2016

(ShareCast News) - US president-elect Donald Trump is continuing to form his administration for when he takes over from Barack Obama on 20 January of next year, naming former marine James Mattis, know... [more]

S&P Global upgrades Anglo American's long-term debt to 'BB+'

Thu, 01 December 2016

(ShareCast News) - S&P Global upgraded mining company Anglo American's long-term debt to 'BB+' from 'BB' and raised its South Africa national scale rating to 'zaA/zaA-1 from 'zaBBB+/zaA-2' with a stab... [more]

US construction spending at seven-month high in October

Thu, 01 December 2016

(ShareCast News) - Spending in the construction sector in the United States rose at its strongest pace in seven months, boosted by activity in the residential sector. The US Commerce Department releas... [more]