Market Pulse - Currencies
Uber and Lyft drivers go on strike days before Uber's IPO
US Uber and Lyft drivers are planning to strike on Wednesday in New York in solidarity with drivers in London just two days ahead of Uber’s stockmarket debut.
Labour MPs refuse to back Brexit deal without second referendum
Labour leader Jeremy Corbyn was warned he could lose the support of up to 60 MPs for a Brexit deal if he failed to secure a second referendum.
Hunt hints at customs union compromise in Labour Brexit talks
Foreign Secretary Jeremy Hunt appeared to hint that the government's cross-party talks with Labour are close to bearing fruit on Tuesday, commenting that he doesn’t "personally" favor a customs union with the European Union but compromise was needed on all sides.
Chinese vice premier Liu He to travel to Washington on Thursday
China's top trade official will travel to the States this week even after the US administration's decision to backtrack on a promise not to further increase its tariffs on the Asian giant's exports, in response to what Washington said was backsliding by Beijing on various of its recent commitments.
Tories and Labour suffer local election losses, pound jumps
The Conservative and Labour parties both lost ground at local elections on Friday, with smaller parties and independent candidates hoovering up more seats as voters expressed their frustration over Brexit deadlock.
Week ahead: Brexit talks, China data in focus
The focus over the coming week will be on the restart of talks between the government and Labour on thrashing out a Brexit deal, although some observers believed that any agreement would likely have to wait until for after the 23 May elections to the European Parliament.
'Transitory' factors may only explain part of the decline in prices, Fed's Evans says
A top US central bank official sounded a 'dovish' note on the outlook for interest rates, helping to stoke sharp gains on Wall Street.
Numis blames political uncertainty for dive in profits
Numis Corporation on Friday reported a plunge in interim profits and revenues as domestic political uncertainty precipitated a period of weak UK investor sentiment.
MPC votes unanimously to keep policy on hold
Policymakers at the Old Lady on Threadneedle Street voted unanimously on Thursday to keep policy unchanged.
Tesla planning $2.3bn fundraising
Electric car maker Tesla plans to raise around $2. 3bn from investors, including a big purchase by chief executive Elon Musk.
Barclays sees off Bramson board bid
Barclays has thwarted a bid by Edward Bramson to force his way on to the board, the activist investor conceded before the bank's annual meeting.
UK Defence Secretary Williamson sacked over Huawei leak
Defence Secretary Gavin Williamson was sensationally sacked on Thursday night over the leak from a National Security Council meeting debating Huawei's assistance with the UK's 5G telecoms network.
ECB's De Guindos calls on lenders to consolidate
A top European Central Bank official renewed his calls for sector consolidation among lenders on the Continent, telling an audience that bank profits below some lenders' cost of capital was "unsustainable".
Venezuelan leader Maduro claims to have defeated US-backed coup
Venezuelan President Nicolas Maduro on Wednesday claimed to have defeated an attempted coup which he blamed on the nation's far right and its support from the "deranged" US government.
Rate of decline in South Korean exports eases in April
The rate of decline in South Korean exports eased last month, and although shipments to China continued to fall, some economists sounded a more or less sanguine note on the outlook.
US-China trade talks 'productive', America's Mnuchin says
The latest trade talks between the US and China in Beijing went well, a top US official said on Wednesday.