International News
Europe close: Stocks jump on favourable US-China trade news
Continental markets gained on Thursday after comments from China's Commerce Ministry raised optimism for a calm resolution to the US-China trade war.
Huawei's next phone will not have access to Google apps
Huawei's Mate 30 smartphone will not have access to Google's popular apps including Maps and YouTube.
US trade deficit in goods narrows unexpectedly in July
America's shortfall in trade on goods with the rest of the world narrowed unexpectedly last month, but the details of the report were weak.
US open: Stocks trade higher after China calls for 'calm' resolution to trade spat
Stocks traded higher at the opening bell on Thursday as China's desire to calmly wrap up its trade war with the US gave investor sentiment a much-needed boost.
US pending home sales drop 2.5% in July
US pending home sales unexpectedly fell in June after two consecutive months of gains, according to the latest figures from the National Association of Realtors.
US Q2 GDP buoyed by very strong consumption, revised data show
The US economy slowed by only a smidgen more than originally thought during the second quarter, revised data showed, but only thanks to the strongest showing for the American consumer in over half a decade, which was more than offset by downwards revisions to most of the other components of aggregate demand.
China lodges protest over new US tariffs but refrains from immediate response
China lodged a formal protest against the latest round of trade tariffs announced by the US but said that for the moment being it would refrain from a like-for-like response, although a meeting between trade officials from both sides in September had yet to be confirmed.
US initial jobless claims rise as expected
The number of Americans filing for unemployment benefits rose as expected last week, according to figures released by the Department of Labor on Thursday.
Forever 21 prepares for possible bankruptcy filing
Retailer Forever 21 is considering filing for bankruptcy as efforts to find additional financing have stalled and the firm is struggling to clinch a potential debtor-in possession loan.
US pre-open: Futures point to strong open as China hopes to bring a 'calm' end to trade war
Futures had stocks opening higher on Thursday as China's desire to calmly wrap up its trade war with the US gave investor sentiment a much-needed boost.
Tesla promises 30% lower rates with new insurance
Electric carmaker Tesla announced on Wednesday the launch of an insurance product that the company said would deliver rates as much as 30% lower than those of its competitors.
Irish Continental earnings per share slip as it faces geopolitical uncertainty
Ireland-based ferry and maritime transport company Irish Continental reported a 6. 1% improvement in its first-half revenue on Thursday, to €166. 8m (£151. 48m).
Asia report: Markets mixed as renminbi weakens further
Markets in Asia finished in a mixed state on Thursday, as investors continued to keep an eye on Treasury yields in the United States, and the yuan briefly shifted to its weakest point in almost 12 years.