International News
Europe close: ECB's Draghi, Trump tweets trigger advance
Stocks across the Continent bounded higher after European Central Bank chief Mario Draghi said policymakers in the Eurozone were not resigned to simply accepting low inflation and the leaders of the US and China said they would meet at the G-20 leaders summit at the end of the month in Fukuoka, Japan.
US dispatches 1,000 more troops to Middle East as tensions with Iran rise
The US government is sending an extra 1,000 troops to the Middle East in response to rising tensions with Iran and its “hostile behaviour”.
RBS hires head for its new digital banking business
RBS named Marieke Flament to head its business-focused digital bank which was set to launch as an app in August, the lender said.
Euro area trade surprlus narrows in April as exports drop
The euro area's surplus in trade with the rest of the world narrowed sharply in April on the back of a large drop in the single currency bloc's exports.
US housing starts drop in May; April's figure revised up
US housing starts fell in May but came in better than expected due to an upward revision to the previous month's figure, according to data released by the Commerce Department on Tuesday.
Trump and Xi to meet at G-20 in Fukuoka
The US president and his Chinese counterpart will meet during the G-20 leaders' summit in Fukuoka, Japan, according to a post on the former's account on social media platform Twitter.
US open: Stocks surge as Trump reveals plans to meet Xi
Stocks on Wall Street sprinted out of the gate on Tuesday after Donald Trump agreed to meet with his Chinese counterpart at this month's G-20 meeting, catching traders - whose attention had been locked on the Federal Reserve as policymakers began a two-day meeting - on the hop.
Boeing and Airbus take off with a flurry of deals at Paris Air Show
Boeing and Airbus have unveiled a flurry of deals, including Korean Air agreeing buying a fleet of Dreamliners and the European aerospace group selling 36 planes to Philippines carrier Cebu Air.
Facebook unveils Calibra, the new digital wallet for its crypto Libra
Facebook announced on Tuesday that it will open a new digital wallet called Calibra to allow users to trade its new cryptocurrency Libra by 2020.
MoneyGram shares surge as it strikes deal with Ripple
Shares in MoneyGram International more than doubled in pre-market trading on Tuesday, after cryptocurrency start up Ripple took a 10% stake in the global payments firm.
EU car registrations edge up in May after eight consecutive months of declines
The European Union's passenger car market recorded a modest increase (+0. 1%) in May, but only after eight consecutive months of declines, the latest report from the European Automobile Manufacturers Association revealed.
US pre-open: Futures point to modest gains as focus remains on the Fed
Wall Street futures were pointing to modest gains at the opening bell on Tuesday with traders' attention still largely attuned to the Federal Reserve, with policymakers set to kick off a two-day meeting later in the day.
Fund managers most 'bearish' in June since the financial crisis, BofA-ML says
Fund managers were at their most "bearish" in June since the last financial crisis, amid concerns over war and recession, the possibility that monetary policy might have lost its potency to foster growth and "low strike prices for policy puts", the results of a widely-followed survey showed.
Asia report: Most markets rise as investor attention turns to Fed
Most markets in Asia were higher on Tuesday, as investors in the region turned their attention across the Pacific to the US Federal Reserve meeting, set to begin later in the global day.
Pressure mounts on ECB as inflation cools in eurozone
Annual inflation in the eurozone eased to its weakest rate for a year in May, putting further pressure on the European Central Bank to take action.
German investor sentiment deteriorates in June
Investor sentiment in Germany deteriorated much more than expected in June, dragged down by weak economic data and the ongoing Sino-US trade spat, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
ECB 'not resigned' to low inflation 'even for now', Draghi says
Policymakers at the European Central Bank "are not resigned" to a low rate of inflation for longer or "even for now", Mario Draghi said.
Roche gets approval in Japan for 'Rozlytrek' treatment
Roche announced on Tuesday that Japan’s Ministry of Health, Labour and Welfare (MHLW) has approved ‘Rozlytrek’ (entrectinib) for the treatment of adult and paediatric patients with neurotrophic tyrosine receptor kinase (NTRK) fusion-positive, advanced recurrent solid tumours.
Intertrust buys US-based Viteos for $330m
Dutch business administration company Intertrust has bought US-based technology solutions group Viteos for $330m.