International News
US close: S&P 500 records yet another all-time high as chipmakers and tech stocks rally
US stocks closed higher on Tuesday, with the S&P 500 setting yet another record close despite threats of new tariffs on European goods dampening much of the optimism seen following news of a possible trade deal between the world's two largest economies.
US open: Stocks head south as trade worries persist
US stocks headed south soon after the opening bell as the uncertainty surrounding a possible trade deal between the world's two largest economies and threats of new tariffs on European goods dampened optimism.
Fed's Mester sets high bar for interest rate cuts
A top US central bank official said on Tuesday that interest rates might need to be cut, but set a high bar for any reduction.
Opec and allies agree to extend production curbs
The Organization of the Petroleum Exporting Countries and its allies are to extend their production curbs, as they look to shore up the price of oil.
Credit Suisse reiterates 'buy' for US growth stocks (not Europe)
Strategists at Credit Suisse told clients to "buy" growth stocks in the US - not in Europe - pointing to historical patterns to back up their arguments.
US pre-open: Futures point to losses as markets await more trade news
US stocks looked set to head south at the bell as uncertainties surrounding a trade deal between the two largest economies in the world persisted.
Saudi Aramco's mammoth IPO back on table - reports
Saudi Aramco, the world’s most profitable oil company, is once again considering a possible flotation, just months after its previous plans were shelved.
ECB not ready to cut just yet, report says
Rate-setters in Frankfurt aren't ready to start easing policy just yet, first they want to analyse more data on the state of the single currency bloc's economy.
US proposes extra tariffs on EU goods over Airbus-Boeing spat
The US decided to add more goods from the European Union to a list of imports that could be hit with retaliatory tariffs as part of its long-running dispute with Airbus over alleged government subsidies.
Asia report: Markets finish mixed as RBA slashes rates to record low
Markets in Asia finished in a mixed state on Tuesday, after Australia’s central bank cut interest rates to a fresh all-time low for the country.
AB InBev to raise $9.8bn in world's largest IPO - reports
Brewing giant Anheuser-Busch InBev is looking to raise nearly $10bn by floating a minority stake in its Asia-Pacific business, in what would be the world’s largest initial public offering so far this year.
Office owner confirms restructuring of £45m debt pile
The owner of shoes chain Office, Truworths International, confirmed on Tuesday that it will restructure its £45m debt pile, possibly leading to the closure of 100 stores in the UK.
L'Oreal in talks to buy Mugler, Azzaro from Clarins
L'Oreal confirmed on Tuesday that it has entered into exclusive negotiations with the Clarins Group about the potential acquisition of perfume brands Mugler and Azzaro.