International News
Ford plans on axing 12,000 jobs in Europe by the end of 2020
Ford is planning on closing multiple facilities in Europe by the end of 2020, leaving just 18 open, which will entail the layoff of 12,000 people, including at plants in the UK.
US open: Mixed start to trading with Sino-US relations in focus
Trading began on a mixed note on Thursday amid hopes that the world's two largest economies might finally call a truce on their ongoing trade war.
FAA finds new issue with Boeing 737 Max
United Airlines extended its ban on the use of the Boeing 737 Max after US aviation regulator the FAA detected a potential new flaw in the airplane's design.
US initial jobless claims rise more than expected
The number of Americans filing for unemployment benefits rose more than expected last week, to a seven-week high, according to figures released by the Labor Department on Thursday.
Bitcoin volatility returns with price falling $1,800 in ten minutes
Bitcoin fell by over $1,800 in price in just a 10 minute time span on Wednesday as the 39% jump in prices seen since the start of the week that sent the crypto-currency as high as $13,852 triggered finally buckled.
Asia report: Markets rise ahead of Trump-Xi meeting in Japan
Markets in Asia finished in the green on Thursday, with investors holding their breath ahead of a meeting between US president Donald Trump and his Chinese counterpart Xi Jinping at the G20 summit in Japan.
H&M reports positive summer sales, cuts new store openings
Investors cheered H&M's better-than-expected sales in June and news that it would open fewer new stores in response to the challenge from digital rivals.
HealthEquity to buy WageWorks in $2bn deal
Utah-based HealthEquity, a health savings account (HAS) non-bank custodian, has agreed to buy WageWorks in a $2bn deal.
US pre-open: Futures point to gains with trade firmly in focus
Stock futures had major US indices opening higher on Thursday amid hopes that the world's two largest economies could finally call a truce in their ongoing trade war.
Bayer creates new committee to advise on Roundup litigation
Shares of Bayer perked up after the company announced the creation of a new supervisory board committee to help advise management in the ongoing litigation linked to its glyphosate-based weed-killer Roundup.
Euro area economic sentiment hits 34-month low in June
Economic sentiment across the euro area ebbed to near its lowest level for three years in June and was likely to reinforce the European Central Bank's easing bias, economists said.