As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
18h39 Shares of Amplitude Inc opened
nearly 43% above their reference price in Nasdaq debut on
Tuesday, notching up a valuation of about $5 billion for the
Benchmark Capital-backed analytics company.. . .
18h29 The S&P 500 and the Nasdaq headed for
their worst day in four months on Tuesday as weak consumer
confidence data deepened concerns over slowing economic growth,
while a surge in Treasury yields hit. . .
the world's second-largest cement maker, said on Tuesday it has
taken a 45% stake in U.S.-based Command Alkon, which provides
software and technology needed to manage construction materials'
supply chains.. . .
18h10 Ford Motor Co on Tuesday became
the second Detroit automaker to ask U.S. salaried employees to
reveal their vaccination status against COVID-19 in a bid to
comply with wider federal guidelines.. . .
17h54 U.S. consumer confidence
fell to a seven-month low in September as a relentless rise in
COVID-19 cases deepened concerns about the economy's near-term
prospects, fitting in with expectations for a slowdown in growth
in the. . .
16h48 U.S. Treasuries extended their sell-off
into a fourth day on Tuesday with the 10-year yield reaching a
level last seen in mid-June, while inflation expectations rose.
The benchmark 10-year yield,. . .
16h15 U.S. retail sales of new vehicles are
expected to fall nearly a quarter in September, hurt by
depleting inventories, even as consumer spending remains strong,
consultants J.D. Power and LMC Automotive said in a. . .
15h54 Fluence Energy Inc, an energy storage
technology company backed by industry giants Siemens AG
and AES Corp, on Tuesday filed regulatory
paperwork for an initial public offering in the United States.. . .
15h47 Oil demand will grow sharply in
the next few years as economies recover from the pandemic, OPEC
forecast on Tuesday, adding that the world needs to keep
investing in production to avert a crunch. . .
15h00 General Motors Co said
on Tuesday its BrightDrop electric commercial vehicle business
will add a second delivery van to its lineup in 2023 and has
agreed to supply that vehicle to Verizon Communications Inc.. . .
14h37 The U.S. trade deficit in
goods increased in August amid a rise in imports as businesses
replenished depleted inventories, suggesting trade could again
be a drag on economic growth in the third quarter.. . .
14h27 Retailers, restaurants and providers of delivery
services are scrambling to hire and retain workers ahead of the all-important
holiday season as they wrestle with a tight U.S. labor market.
While. . .
14h20 The Federal Reserve should
let its roughly $8 trillion balance sheet shrink next year as
soon as it winds down a bond purchase program, St. Louis Federal
Reserve president James Bullard said, cautioning high. . .
14h00 The head of the World Health
Organization said on Tuesday that he expected all countries,
including China, to collaborate in the second phase of a probe
into the origins of the coronavirus after an. . .
13h39 China faces mounting pressure
to ramp up coal imports and ensure supplies to keep lights on,
factories open and water flowing as a severe power crunch roils
the northeastern industrial heartland.. . .
13h13 India expects that technology
companies will not use encryption as an excuse to hold up
investigations and will play their part in bringing criminals to
justice, the top government official in India's technology
ministry said. . .
13h04 Hair products maker Olaplex Holdings
Inc, owned by private equity firm Advent International,
increased the price range for its U.S. initial public offering
and is now seeking a valuation of up to $12.3 billion,. . .
13h00 Asian spot
liquefied natural gas (LNG) prices are set to spike further this
winter and may break previous records set last winter as
inventory levels remain low and producers are yet to ramp up
supply,. . .
13h00 Expanding its
crackdown on the SPAC sector, the U.S. Securities and Exchange
Commission has told top auditors of blank-check acquisition
companies to account more strictly for public shares in these
shells, according to multiple industry. . .
12h44 Asia's jet fuel cash differentials flipped back to a narrow
premium on Tuesday amid muted buying interests in the physical market, while near-term outlook
for the aviation fuel remained clouded as airlines continued. . .
11h36 More producers and refiners
are looking at ways to offset carbon emissions of their crude
oil exports to meet future global demand for low-carbon raw
materials, although such trades will require time to develop. . .
11h00 Tallgrass Energy Partners will
begin monitoring emissions, including methane and other
greenhouse gases, on its Rockies Express Pipeline, making it the
first U.S. company to measure and certify the environmental
impact of operations on an. . .
10h05 SoftBank-backed robotics
firm AutoStore said on Tuesday it was seeking to raise $315
million by listing on the Oslo Bourse for an initial public
offering (IPO) at a valuation that could make it Norway's
largest. . .
10h01 Venture capital firm Vertex
Ventures, which is backed by Singapore state investor Temasek
, expects to raise at least $400 million next year for a
new fund focusing on Southeast Asia and India, a. . .
06h57 Boeing Co and
Guangzhou Aircraft Maintenance Engineering Co Ltd (GAMECO) will
establish two 767 freighter-conversion lines next year, company
executives said on Tuesday, citing high air cargo demand.. . .
04h08 Ford Motor Co and
its Korean battery partner SK Innovation will invest
$11.4 billion to build an electric F-150 assembly plant and
three battery plants in the United States, accelerating the U.S.
automaker's push into. . .
03h47 The United States and the
European Union hope to discuss chip shortages, artificial
intelligence (AI) and tech competition issues during the first
Trade and Tech Council (TTC) meeting this week, senior U.S.
administration officials said. . .
02h27 Goldman Sachs has cut China's
economic growth forecast for 2021 to 7.8%, from 8.2%, as energy
shortages and deep industrial output cuts add "significant
downside pressures", it said in a note on Tuesday.. . .
01h26 Chicago Mercantile Exchange
(CME) lean hog futures soared on Monday, with the most-active
December contract rising its daily limit after a quarterly U.S.
Department of Agriculture report showed a smaller-than-expected
U.S. hog herd.. . .
01h08 New York hospitals on Monday
began firing or suspending healthcare workers for defying a
state order to get the COVID-19 vaccine, and resulting staff
shortages prompted some hospitals to postpone elective surgeries
or curtail services.. . .
01h03 A federal appeals court on Monday ruled
that New York City can order all teachers and staff to get the
COVID-19 vaccine, reversing a previous decision that had put the
mandate on hold.
(Reporting by. . .
01h02 Aurora Cannabis Inc on
Monday missed Wall Street expectations for fourth-quarter
revenue as pandemic-related restrictions weighed down consumer
demand, leading Canadian provinces to cut orders.. . .
00h52 U.S. consumer and public
interest groups on Monday kept up the pressure on Federal
Reserve Chair Jerome Powell to impose stricter ethics rules on
Fed officials, after two Fed bank presidents resigned because of
controversial. . .
00h04 P10 Inc, the holding company of
investment firm P10 Holdings Inc, on Monday filed for an IPO in
the United States, becoming the latest alternative asset manager
exploring a public listing as shares of. . .
00h01 The shift to electric vehicles will
force huge changes in the auto industry and require EU backing
for 'reskilling' programs to help workers prepare for a
zero-emission future, according to a report published on
Tuesday.. . .
00h00 Canada is trying to use the
lure of travel perks to convince America's frequent-flying elite
to fly north on Air Canada, as the country steps up
efforts to revive crucial traffic from the United. . .
27/09 A group of 21 state
attorneys general, the District of Columbia, and several major
U.S. cities urged the Biden administration to finalize
significantly stricter vehicle emissions rules than it has
proposed.. . .
27/09 General Motors
supports the emission reduction goals in the proposed rewrite of
vehicle standards through 2026 issued by the U.S. Environmental
Protection Agency last month, according to written comments the
automaker filed with the EPA. . .
27/09 The higher prices and hiring
difficulties seen as the U.S. economy reopens from the pandemic
could prove "more enduring than anticipated," and the Federal
Reserve would move against unchecked inflation if needed, Fed
Chair Jerome. . .
27/09 Endeavor Group Holdings Inc, the
owner of the Ultimate Fighting Championship, will buy sports
betting firm OpenBet from Scientific Games Corp for
$1.2 billion in cash and stock, the companies said on Monday.. . .
27/09 PennEast Pipeline said on Monday it
would stop developing a proposed pipeline from Pennsylvania to
New Jersey, the latest in a series of natural gas lines to run
aground due to legal and regulatory. . .
27/09 New York hospitals were
preparing to fire thousands of healthcare workers for not
complying with a COVID-19 vaccine mandate taking effect on
Monday, with some in the upstate region curtailing services to
cope with staff. . .
27/09 Aurora Cannabis Inc,
reported a smaller fourth-quarter core loss on Monday, as the
pot producer benefited from aggressive cost-cut measures and
higher demand for cannabis and related products.. . .
27/09 Warburg Pincus and the Ontario Teachers'
Pension Plan (OTPP) are exploring a sale of Chisholm Energy, an
oil and gas exploration and production company focused on the
Permian basin, people familiar with the matter. . .
27/09 Brazilian domestic flour
millers are threatening to stop buying wheat from Argentina if
Brazil commercially approves GMO wheat imports from the
neighboring country, Rubens Barbosa, head of the Brazilian Wheat
Industry Association (Abitrigo), said on. . .
27/09 Dallas Federal Reserve Bank President
Robert Kaplan on Monday said he will leave his job on Oct. 8 to
eliminate any "distraction" to the central bank related to his
personal investment activities.. . .
27/09 Citigroup Inc has named former
U.S. Treasury official Brent McIntosh as its new general counsel
and corporate secretary, Chief Executive Officer Jane Fraser
wrote in a memo to employees on Monday.. . .
27/09 Portillo's Inc, a restaurant chain known
for its Chicago-style hot dogs, on Monday made public its filing
for a U.S. stock market listing, revealing a nearly 19% jump in
revenue for the two quarters. . .
27/09 The Federal Reserve's "highest priority"
is to make sure millions of Americans now out of a job can get
back to work, Minneapolis Federal Reserve Bank President Neel
Kashkari said in a speech taped. . .
27/09 One of Canada's
flagship pieces of climate regulation has run into criticism
from clean fuel lobby groups as Prime Minister Justin Trudeau
prepares to start his third term in office https://www.reuters.com/world/americas/clock-starts-ticking-canadas-trudeau-after-bid-majority-fails-2021-09-21,
with. . .
27/09 U.S. Federal Reserve
officials including one influential board member on Monday tied
reduction in the Fed's monthly bond purchases to continued job
growth, with a September employment report now a potential
trigger for the central. . .
27/09 Facebook Inc will invest $50
million to partner with organizations to responsibly build the
so-called metaverse https://www.reuters.com/technology/facebook-sets-up-new-team-work-metaverse-2021-07-26
- a digital world where people can use different devices to
move and communicate in a virtual environ. . .
27/09 U.S. employment is "still a
bit short of the mark" for the Federal Reserve to begin reducing
its monthly bond purchases, Fed Governor Lael Brainard said on
Monday in remarks highlighting the risk that. . .
27/09 Spain's Telefonica
signed a multi-year deal with cloud-service provider Oracle
to migrate most of its database systems to the cloud,
the firms said on Monday, in preparation for the use of 5G and
the Internet. . .
27/09 Chicago Federal Reserve Bank President
Charles Evans on Monday said he expects inflation to rise to
2.4% by 2024 but interest rates to be only on a "gentle incline"
upward, a view that contrasts. . .
27/09 New orders and shipments of
key U.S.-made capital goods increased solidly in August amid
strong demand for computers and electronic products, keeping
business spending on equipment on track for another quarter of
robust growth.. . .
27/09 Italian luxury car maker Ferrari
and its parent company Exor, the holding vehicle of the Agnelli
family, are joining forces with with Jony Ive, the creative mind
behind many of Apple's iconic products, and. . .
27/09 The United Nations Development
Programme has launched an initiative to help governments and the
private sector in developing countries provide insurance for
crises such as pandemics and natural catastrophes, it said on
Monday.. . .
27/09 Volkswagen AG on
Monday said it has agreed to pay $1.5 million to settle
environmental claims with the states of New Hampshire and
Montana over updates of emissions software arising from the
2015 diesel. . .
27/09 A global surge in pea prices
linked to low supplies and growing demand for plant protein will
inevitably need to be passed on to customers, including makers
of alternative food such as meat-free burgers,. . .
27/09 Swedish electric-car maker Polestar said
on Monday it will go public by merging with a U.S.-listed
blank-check firm backed by billionaire Alec Gores and investment
bank Guggenheim Partners at an enterprise value of $20. . .
27/09 Bahrain's king issued a royal
decree on Monday abolishing the National Oil and Gas Authority
(NOGA), with all its functions to be undertaken by the oil
ministry, the state-run Bahrain News Agency said.. . .
27/09 The U.S. economy will soon meet the
Federal Reserve's bar for beginning to reduce its bond purchase
program, Chicago Fed President Charles Evans said on Monday, but
it will be late 2023 before an. . .
27/09 Chicago Federal Reserve Bank President
Charles Evans on Monday said he expects U.S. unemployment to
fall below 4% "before too long," but even a drop to 3.5% would
likely not be enough to drive. . .
27/09 IFIT Health & Fitness Inc is looking to
raise as much as $646.15 million through an initial public
offering in the U.S., valuing the owner of the NordicTrack
fitness brand at $6.61 billion, according. . .
27/09 Asia's cash premiums for 10 ppm inched higher on Monday,
holding close to a multi-month high touched last week, buoyed by tighter regional supplies and
expectations for a gradual recovery in demand in. . .
27/09 Phiar, a startup aiming to enhance
in-car navigation systems by overlaying directions on real-time
video, announced on Monday that Google's head of Android
automotive platforms joined as chief executive and State Farm
Ventures led a. . .
27/09 Israeli Prime Minister
Naftali Bennett met senior ministers from the United Arab
Emirates and Bahrain in New York on Sunday, his office said,
ahead of an address to the United Nations in which he. . .
27/09 The head of world's largest
independent oil trader Vitol said on Monday that the company
would prefer U.S. West Texas Intermediate (WTI) Midland crude to
be added to the North Sea dated Brent benchmark. . .
27/09 Several Apple Inc and Tesla Inc
suppliers have suspended production at some Chinese
factories for a number of days to comply with tighter energy
consumption policies, putting supply chains at risk in the peak
season. . .
27/09 Hong Kong-listed shares of
HSBC rose by the most in four months on Monday as the
release of an executive at telecoms company Huawei fuelled hopes
the global bank would benefit from an easing. . .
27/09 China may replace its green
car credit system with a new policy focusing more broadly on
reducing carbon emissions, industry executives say.. . .
Complete the form below to recieve your daily selected share information straight to your inbox every evening. You only have to complete the form once. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.
Subscribe to get a summary of the day's market data and news sent straight to your inbox. Data Privacy: We do not divulge your details to any third party service or product providers. All our emails provide unsubscribe options at the bottom.