International News
US close: Stocks close higher as bonds climb back from historic lows
Wall Street stocks closed higher on Friday as investors remained focused on the bond market and US-China trade relations.
Europe close: Stocks find traction on talk of monetary and fiscal stimulus
Stocks on the Continent put in a modest bounce at the end of the week amid rising speculation that the European Central Bank might be preparing to bring back out what traders term as its 'big bazooka'.
'Buy in September', BofA-ML says
Strategists at Bank of America-Merrill Lynch sounded a 'bullish' note on stocks heading into September and for the longer-term.
IMCD sees solid earnings growth amid 'challenging' macro environment
Dutch speciality chemicals and food ingredients distributor IMCD reported a 19% improvement in gross profit to €312m (£284. 86m) in its first half on Friday, or 18% on a constant currency basis.
German government ready to incur in deficit spending
The German government will break its self-imposed prohibition on so-called deficit spending if the economy falls into recession.
Telstra monetises AUD 1bn of assets as part of 'T22' strategy
Australian telecoms provider Telstra announced that it had reached AUD 1bn (£560m) in asset monetisation on Friday, as it reported the establishment and part-sale of an unlisted property trust to own 37 of its existing exchange properties.
US open: Stocks go green as bond yields climb back from record lows
Wall Street stocks opened higher on Friday as investors remained focused on the bond market and US-China trade relations.
US consumer sentiment deteriorates in August
Consumer sentiment in the US deteriorated in August, hitting its lowest level since the start of the year, according to a preliminary reading from the University of Michigan.
ECB's Rehn tells WSJ any new easing must be 'significant and impactful'
A top European Central Bank official argued at the end of the week for the monetary authority to err on the side of caution and deliver a larger than expected does of monetary stimulus when policymakers next met.
US housing starts beat forecasts in July
Residential building activity slowed a tad last month, but not in the key segment of single-family homes and a lead indicator for the sector outpaced economists' expectations.
Asia report: Markets mixed with bonds, trade in focus
Markets in Asia finished mixed on Friday, with investors keeping a close eye out for developments on the US-China trade front, and on US Treasury bond yields.
US pre-open: Futures point to positive open as bonds and trade remain in focus
Wall Street futures were pointing to a positive session as investors remained focused on the bond market and US-China trade relations.
Norwegian Air cancels all US-Ireland services following 737 MAX groundings
Low-cost carrier Norwegian Air has cancelled all flights between Ireland and North America from 15 September, just five months after launching new routes between Dublin and Canada.
Cathay Pacific CEO resigns after Hong Kong protest row
The chief executive officer of Cathay Pacific, Rupert Hogg, has resigned a week after the company told its staff that it would not stop them from joining anti-government protesters in Hong Kong.
Roche gets FDA nod for 'Rozlytrek' treatment
Roche announced on Friday that the US Food and Drug Administration (FDA) has approved ‘Rozlytrek’ (entrectinib) for the treatment of adults with ROS1-positive, metastatic non-small cell lung cancer (NSCLC).