International News
US close: Dow bounces back as energy stocks rally on news of tanker attacks
Wall Street closed higher on Thursday after Donald Trump declined to set a deadline on slapping tariffs on a further $325bn-worth of Chinese imports and energy stocks rallied on the back of two oil tankers being damaged in suspected attacks off the coast of Iran.
Brent crude oil futures jump on reports of tanker on fire in Sea of Oman
Crude oil futures jumped on the back of reports that two oil tankers off the coast of Fujairah, in the Sea of Oman, were on fire.
US open: Stocks go green trying to rebound from two days of losses
Wall Street trading began on a positive note at the open on Thursday as US President Donald Trump declined to set a deadline on slapping tariffs on a further $325bn-worth of Chinese imports.
Opec cuts demand forecast as global tensions hit home
The Organization of Petroleum Exporting Countries warned on Thursday that the increasingly bitter trade war between America and China is undermining the global economy, as it revised down its estimates for oil demand in 2019.
US jobless claims unexpectedly tick higher
The number of Americans filing for unemployment benefits unexpectedly rose last week, according to figures from the Labor Department.
Italy's Di Maio rules out fresh budget despite Brussels threat
Rome has ruled out passing another budget, despite facing formal sanction by Brussels for breaking European Union fiscal rules.
Euro area industrial production dips in April, German output weakest
Output in the single currency bloc's industrial sector continued to be mired in the red in April, amid sharp declines in German and Dutch production.
Trump doesn't specify deadline for new tariffs on China
US President Donald Trump declined to set a deadline on Wednesday for the latest tariffs he is planning to impose on Chinese goods.
Asia report: Markets mixed as Trump enigmatic on new China tariffs
Asian markets were mixed and slightly subdued on Thursday as Donald Trump declined to set a deadline for new tariffs on Chinese goods and demonstrations in Hong Kong calmed down.
US pre-open: Stocks set to bounce after Trump foregoes deadline for new tariffs
Wall Street futures were pointing to gains at the open on Thursday as Donald Trump declined to set a deadline on slapping tariffs on a further $325bn-worth of Chinese imports.
Gulf of Oman oil tanker crews rescued after 'attack'
The US Navy's Bahrain-based Fifth Fleet said it was assisting two tankers in the Gulf of Oman after receiving distress calls from the vessels amid reports of an “attack".