International News
GM Q2 earnings beat expectations on strong pickup in truck sales
General Motors' second quarter results beat analysts' expectations on Thursday, as a pick-up in truck sales offset weakness in China.
Europe close: Stocks bounce back despite losses for Basic Resources and Oil&Gas shares
Stocks across the Continent finished near their best levels of the session on Thursday, despite the drag from miners and Big Oil as strength in the US dollar weighed on commodity prices after the US central bank opted to push back on expectations for a long series of interest rate cuts extending into 2020.
US ISM manufacturing PMI slips below forecasts in July
US manufacturing sector growth slowed further last month according to the results of perhaps the most closely-followed gauge for the space.
China and US to resume trade talks in September
US and Chinese trade negotiators are set to resume the talks in early September even after the latest round of negotiations in Shanghai ended with little progress.
US open: Stocks trade higher following Fed-fuelled losses in previous session
Wall Street stocks traded higher at the opening bell for the first full session since the Federal Reserve cut its target interest rates for the first time in more than a decade.
BlackRock lost $90bn on wasteful fossil fuel investments
Fund manager BlackRock lost around $90bn in the last ten years in wasteful fossil fuel investments said a report from the Institute for Energy Economics and Financial Analysis.
US jobless claims rise more than expected during latest week
US jobless claims rose by more than expected last week but remained near record low levels.
Asia report: Markets mostly lower as China, Korea data comes in weak
Most markets in Asia finished in the red on Thursday, as official export numbers in South Korea declined and fresh unofficial data out of China showed a contraction in factory activity there.
Trump's ex-economic adviser warns tariffs 'backfiring' on US economy
Donald Trump’s ex-economic advisor Gary Cohn said on Wednesday that the trade war and the tariffs were backfiring and impacting on the US economy.
UK government spends extra £2.1bn extra on no-deal preparations
The government announced on Wednesday an extra £2. 1bn of funding will be destined to prepare for a no-deal Brexit which will double the amount of money it had set aside for that purpose this year.
US pre-open: Futures point to modest gains following Fed announcement
Wall Street futures pointed to some small gains ahead of the first full session since the Federal Reserve cut its target interest rates for the first time in more than a decade.