International News
Europe close: Stocks extend bounce after Chinese yuan strengthens
Stocks across the Continent finished the day higher following moves overnight by China's central bank that some traders said showed that it was pushing back on weakness in the country's currency, the yuan.
US open: Stocks rise at the bell following wild trading during previous session
Wall Street stocks opened higher on Thursday following the rollercoaster trading conditions seen during the previous session.
Germany reportedly studying sale of new debt to finance climate protection
Germany is studying a possible 'U-turn' in fiscal policy which would see Berlin sell new debt to finance a climate protection package, in effect ditching its budget balance goal, a top official said.
American farmers sitting on record soybean stockpiles after sales to China tank
America's soybean farmers were scrambling to find new export markets in response to the sharp drop in Chinese demand, including in Europe, emerging countries in Southeast Asia, Egypt, Bangladesh and Pakistan.
Jobless claims continue to point to solid hiring in the US
A key indicator of US labour demand continued to point to robust hiring conditions through last week.
US pre-open: Futures point to modest gains following rollercoaster session
Wall Street futures had major indices opening higher on Thursday after some rollercoaster trading in the previous session.
Asia report: Markets rise as China exports unexpectedly improve
Markets in Asia ended mostly in the green on Thursday, after fresh data from China showed an unexpected increase in the country’s exports in July amid the ongoing trade war with the United States.
Volumes and profits rise comfortably for Coca-Cola European Partners
Coca-Cola European Partners reported a 2% improvement in volumes in its first half on Thursday, to 1. 21 billion cases, while its revenue grew by 7% to a reported €5. 8bn.
BBVA offloads Paraguay operation in $270m deal
BBVA has reached agreement with Banco GNB Paraguay, an affiliate of Grupo Financiero Gilinski, for the sale of the entire stake that BBVA holds in BBVA Paraguay, it announced on Thursday.
Slow motion train crash feared in Italy as Salvini asks for finance minister's head
Italian deputy Prime Minister Matteo Salvini threatened to topple the government in Rome unless the PM, Giuseppe Conte, replaced various cabinet members, including the finance minister.
FCA approves launch of Robinhood investing app in UK
Robinhood announced that the Financial Conduct Authority has approved the launch of its zero-fee stock trading app in Britain.
China exports unexpectedly jump in July
Chinese exports unexpectedly rose in July as global demand improved despite the Sino-US trade war, data revealed on Thursday.