International News
Europe close: Italian stocks clobbered as Conte government falls
Stocks across the Continent fell back at the end of the week following news that the Italian Senate might schedule a no-confidence vote against the current government for as soon as Monday, threatening to reignite tensions around the euro area's fourth largest economy.
EU clashes with Indonesia over palm oil
The European Union and Indonesia have clashed over palm oil and an increase in import tariffs on EU dairy products to between 8. 0%-18. 0%.
US open: Stocks head south as Wall Street follows Europe's lead
US stocks traded lower at the bell on Friday, tracking losses in Europe as political woes in Italy weighed on investor sentiment across the Continent.
Chinese schoolchildren work overnight to assemble Amazon Alexa devices
Hundreds of children have been working overnight at Amazon sites in China assembling Alexa devices in an attempt to hit production targets, the Guardian revealed on Friday.
White House holding off on decision to allow restart of sales to Huawei
The White House was holding off on a decision on whether or not to grant licenses to some US firms to restart sales of equipment to Chinese telecommunications equipment maker Huawei following Beijing's decision to halt purchases of American agricultural products.
US final demand prices miss forecasts in July
Wholesale inflation in the US was little changed in July at the headline level, but underneath the surface price pressures were falling back.
US pre-open: Futures have stocks opening lower as Wall Street tracks losses in Europe
Futures were pointing to a modest downdraft for stocks on Wall Street at the start of trading on Friday, tracking the losses seen in Europe as political woes in Italy weighed on investor sentiment across the continent.
Bayer reportedly proposes $8.0bn Roundup settlement
Bayer has reportedly proposed to pay up to $8. 0bn in a settlement for 18,000 US lawsuits related to the Roundup weedkiller which allegedly provokes cancer.
Asia report: Markets mixed as Japan beats GDP growth forecasts
Markets in Asia finished mixed on Friday, as investors digested surprisingly good data from Japan and fresh inflation information from China, while keeping an eye on developments in the ongoing trade war between Washington and Beijing.