International News
US close: Stocks erase gains to end lower amid trade uncertainty
Stocks on Wall Street fell on Wednesday, erasing earlier gains amid uncertainty about the US stance on China, even as oil prices rallied.
Europe close: Stocks gains as trade fears ease a little
Stocks jumped following reports that the Trump administration had decided to use solely existing legislation to curb Chinese investments in the country, foregoing the use of alternate methods.
Jaguar to invest $18bn in manufacturing electric versions of all its models
Jaguar Land Rover is planning on investing $18bn on building electric vehicles in China in a move to step up its game in the fast-growing EV market.
US open: Dow comes out the gate swinging, boosted by rallying energy stocks
Shares on Wall Street came out the gate hot on Wednesday as investors seemingly shrugged off global trade concerns and energy stocks rallied after US API data showed that crude stocks for the previous week fell more sharply than expected.
Mattis takes aim at Chinese expansionism in Beijing visit
China’s military expansionism will be met with a "medium tough" message from US defence secretary James Mattis during his three-day visit to Beijing this week.
US trade deficit narrows unexpectedly as exports continue to climb
America's shortfall in its trade on goods with the rest of the world shrank last month as exports continued to climb.
US durable goods orders decline in May
Orders for goods made to last more than three years held-up better-than-expected last month, although weakness broadened out from that seen in the transportation sector two months ago.
Twitter ramps up fight against abuse and malicious bots
Twitter said it will be making changes to combat trolls and malicious bot accounts in a new move to reduce harassment and manipulation online.
US pre-open: Stocks to drop as trade war jitters persist
US futures pointed to a downbeat session on Wall Street on Wednesday as global trade concerns continued to weigh on investors' minds.
Asia report: Markets sink lower as trade confusion continues
Markets in Asia finished in the red on Wednesday, led lower by China amid concerns about trade, oil prices and renminbi.
Uber wins 15-month probationary licence to operate in London
Ride-hailing app operator Uber has managed to secure a 15-month licence to work in London after it impressed the judge with big improvements to its practices, but remains 'on probation' with a strict set of conditions to obey.
UK unions join businesses in call for urgency in Brexit negotiations
Union and business leaders in the UK and Europe have joined together to demand “measurable progress” from Brexit negotiations this week, with Britain's economic interests, people’s jobs, rights and livelihoods to be put first.
US close: Markets finish green as investors take a break from trade concerns
Wall Street indices finished in the green on Tuesday, as investors appeared to brush off concerns stemming from sharp losses the day before.