International News
US close: Stocks eke out slight gains as market awaits FOMC meeting
Stocks closed slightly higher to start the week on Monday, with investors looking ahead to the Federal Reserve's policy meeting later in the week and the upcoming G-20 leaders' summit in Japan.
Europe close: Stocks little changed, central banks and global trade in focus
Stocks started the week on a mixed note, albeit little changed overall, with investors looking out to a spate of central bank policy decisions over the next few days, including in the US, UK and Japan.
Elon Musk says he will close his Twitter account
Elon Musk announced on Monday that he would delete his Twitter account although nine hours later it remained active, to the relief of his followers.
US open: Stocks tick up ahead of Fed meeting, despite weak data
Trading on Wall Street got off to a slightly higher start on Monday, with investors looking ahead to the Federal Reserve's policy meeting later in the week and the upcoming G-20 leaders' summit in Japan.
US homebuilder confidence dips in June, but rebound expected
Homebuilder confidence in the US eased a bit last month, amid fewer sales of single family homes, a dip in expectations for future sales and lower traffic of prospective buyers.
New York Fed manufacturing survey plummets to near three-year low
The Empire State Manufacturing Index has tumbled into negative territory after recording the largest monthly decline on record.
Sotheby's to be taken private by Altice founder in $3.7bn deal
Sotheby's has agreed to be bought by BidFair USA, a company owned by Altice founder and art collector Patrick Drahi, for $3. 7bn.
Pfizer to buy cancer drug developer Array Biopharma in $11.4bn deal
Shares in cancer drug developer Array Biopharma rocketed on Monday after it agreed to be bought by Pfizer in a deal worth $11. 4bn.
US Chamber of Commerce pushes for end to trade war
The US Chamber of Commerce called on the Trump administration to stop its trade war against China, pointing to an estimated $1trn in costs over the next decade as its main argument.
Global equities will end the year higher - Credit Suisse
Credit Suisse believes equity markets will end the year higher, despite a range of global tensions continuing to weigh on equities.
Airbus and Virgin ink $4.15bn deal for new A330s
Airbus has clinched a deal valued at around $4. 15bn at list prices to sell eight A330neo wide-body passenger jets to Virgin Atlantic with an option for six more.
Huawei will cut production by $30bn as international sales slide
The founder of Huawei said the company will slash its production by $30bn over the next two years as a result of the restrictions placed by the US on the Chinese telecoms giant.
Labour costs rise across the eurozone
Eurozone labour costs increased in the first quarter, as wage growth picked up across the bloc, official data showed on Monday.
US pre-open: FOMC meeting in focus, Wilbur Ross downplays chances of major deal
Wall Street futures were tracking slightly higher ahead of the open on Monday, with investors looking ahead to a key meeting of the Federal Reserve later in the week even as the upcoming G-20 leaders' summit in Japan loomed ever closer.
Asia report: Markets mixed as investors turn to next Fed meeting
Markets in Asia were in a mixed state on Monday, as investors held their breath ahead of the next Federal Reserve meeting in the US, and continued to react to disappointing industrial data out of China on Friday.
Deutsche Bank looks to form 'bad bank' as part of serious overhaul
Deutsche Bank will form a "bad bank" as part of a serious overhaul of its operations as chief executive Christian Sewing looks to turn the German lender away from investment banking.
Lufthansa warns on profits amid growing competition
Lufthansa cut its 2019 outlook on Monday as it warned that market-wide overcapacities and "aggressively" growing low-cost competitors are putting pressure on yields in the European short-haul market.
Terveystalo taking over operations of Finland's Welfare District of Forssa
Finnish healthcare provider Terveystalo announced on Monday that it would buy the occupational health operations of the Welfare District of Forssa via an agreement signed on 17 June.