International News
US close: Mixed session on the Street as geopolitical tensions remain firmly in focus
Wall Street stocks closed with some mixed results on the first day of trading this week as geopolitical tensions remained firmly in focus.
Soros leads call from billionaires for introduction of wealth tax
Billionaire investor and philantropist George Soros is leading a call from other billionaires and heiresses including Regan Pritzker and Abigail Disney to have the government introduce a "moderate" tax on wealth in order to address income inequality, climate change and public health issues.
Europe close: Stocks dip amid trade and geopolitical tensions
Stocks across the Continent started the week with slight losses, as traders waited on the results of the upcoming G-20 leaders' summit scheduled for 28-29 June and amid weak readings on the euro area economy.
US open: Stocks start the session higher amid heightened geopolitical tensions
Wall Street stocks added to solid gains already seen this month at the start on the first day of trading this week despite geopolitical tensions remaining firmly in focus.
Morgan Stanley sees little upside left on Wall Street
Strategists at Morgan Stanley believe the US stock market may be headed for a 10% correction if the economic data continues to worsen over the course of the third quarter.
Trump attacks Federal Reserve for not cutting rates
Donald Trump has taken another swipe at the Federal Reserve, claiming that the Dow Jones Industrial Average could have been “thousands of points higher" if the central bank had not ‘blown it’.
Boots set to ban plastic carrier bags and switch to paper
Boots is set to ban plastic carrier bags by 2020 and will replace them with brown paper bags.
Deutsche Bank backs Vodafone as it reiterates 'buy' rating
Deutsche Bank has maintained its ‘buy’ rating for Vodafone, despite reducing its price target, arguing that headwinds are starting to ease for the mobile phone giant.
Danske Bank sacks former interim CEO
Danske Bank has fired its former interim chief executive officer after customers were overcharged for an investment product.
Trump warns of further 'major' sanctions on Iran
US President Donald Trump said he would impose further sanctions on Iran as soon as Monday, although there may not be much left to target.
Eldorado and Caesars take a gamble on $17bn deal
Shares in Caesars Entertainment jumped in pre-market trading in the US, after it agreed to be acquired by rival casino operator Eldorado Resorts in a multi-billion dollar deal.
Circor rejects 'opportunistic' offer from Crane
US flow control technology company Circor International has unanimously rejected an unsolicited offer from Crane Co, dismissing it as "low-value" and "opportunistic".
US pre-open: Futures point to small gains despite rising geopolitical tensions
Wall Street futures pointed to a positive start to the first day of trading this week despite geopolitical tensions, in particular, those between the United States and Iran, remaining firmly in focus.
Asia report: Most markets higher as oil rises on Gulf tensions
Markets in Asia finished mostly higher on Monday, as oil prices continued to head north amid ongoing tensions between the United States and Iran.
Daimler warns on profits again amid diesel issues
Daimler warned on profit for the third time in a year on Sunday as it increased provisions related to diesel vehicles.
German business confidence drops to near 5-year low in June
German business confidence fell again in June, to a near five-year low, according to a widely-followed survey released on Monday.
Carrefour to sell 80% stake in Chinese business
Carrefour has agreed to sell an 80% stake in its China business to Chinese retailer Suning. com for €620m.