International News
Brent edges higher following weekly DoE data
US oil stockpiles fell by more than expected last week on the back of a sharp drop in net imports.
Facebook's Libra under investigation in EU antitrust probe
European Union antitrust regulators have kicked off a probe on Facebook’s cryptocurrency Libra project reported Bloomberg.
Target shares surge as retailer ups full-year guidance
US retailer Target upped its full-year profit guidance on Wednesday after turning in stronger-than-expected second-quarter results.
US open: Stocks go green as major retailers top expectations
Wall Street stocks opened higher on Wednesday as investors digested some solid figures from some major retailers while they waited for minutes from the last meeting of the Federal Open Market Committee to be published.
US existing home sales rise 2.5% in July
Sales of US existing homes rose in line with expectations in July, according to data from the National Association of Realtors.
UK tech companies ahead of US in attracting foreign investment
UK tech businesses have secured a total of £5. 5bn ($6. 7bn) in foreign investment since January 2019, with £3. 1bn of it originating in the US and Asia, government data revealed.
Investors balk at German 30-year debt at negative yields
Investors balked at an attempt by Berlin to sell 30-year bonds at negative rates.
Ryanair wins court bid to block Irish pilot strikes
Ryanair has been granted an injunction by the Irish High Court to stop a 48-hour strike by its pilots in the country after the airline's lawyers argued that the union representing around 180 of the pilots had announced the industrial action before discussions had been concluded.
Mattarella to start multiparty talks to study new ruling coalition
Italian President Sergio Mattarella is set to begin two days of talks with the leaders of the country's various political parties on Wednesday to try and reach an agreement regarding a new ruling coalition and thus avoid having to call fresh elections.
Asia report: Markets turn lower as recession fears reemerge
Markets in Asia were broadly in the red on Wednesday, on the back of a turn lower stateside overnight as fears of a global recession heated up once more.
US pre-open: Futures point to gains ahead of FOMC minutes
Wall Street futures had stocks opening higher on Wednesday as investors awaited the minutes from the last meeting of the Federal Open Market Committee.
MOD Resources lays out scheme for recommended acquisition by Sandfire
MOD Resources updated the market on the proposal from Sandfire Resources to acquire 100% of the issued shares of the company by way of a scheme of arrangement on Wednesday.
Walmart sues Tesla for negligence after solar system fires
Walmart sued Tesla on Tuesday for “widespread negligence” that led to repeated fires linked to the company's solar systems and has asked a court to force the technology giant to remove the panels from over 240 of its US stores.
Trump puts off state visit to Denmark after Greenland bid rejected
US President Donald Trump postponed a meeting with Denmark’s PM Mette Frederiksen scheduled for 2 September following her rejection of Trump’s bid to purchase Greenland.
Fiat Chrysler merger talks with Renault said to be back on
Shares in Renault and Fiat Chrysler Automobiles rallied on Wednesday as it emerged that they are still in mergers talks.