International News
Johnson seeks poll as rebels inflict humiliating Commons defeat
Prime Minister Boris Johnson said he would seek approval for a snap election after a humiliating parliamentary defeat that saw 21 Tory rebels defy threats of deselection and join the opposition in moving to stop a no-deal Brexit.
US close: Stocks close sharply lower as trade tensions escalate
Stocks closed sharply lower on Tuesday following the Labor Day break after the latest round of US-China trade tariffs kicked-in over the weekend.
Europe close: Stocks dip ahead of key votes in the UK and Italy
September got off to a poor start with investors' attention firmly trained on politics around the world, but in particular on the UK, as MPs in Westminster returned from their summer recess and were expected to debate key legislation later in the day that might block a no-deal Brexit.
Bayer hires former J&J executive to manage pharma deals
Bayer said it hired Johnson & Johnson executive Marianne De Backer to manage acquisitions and licensing deals at its drugs unit.
Huawei scores 50 5G contracts despite US pressure
Huawei has closed over 50 contracts with mobile carriers all over the world for 5G network.
US open: Stocks head south as new tariffs come into effect
Stocks opened sharply lower on Tuesday following the Labor Day break after the latest round of US-China trade tariffs kicked-in over the weekend.
US manufacturing sector contracts in August
The US manufacturing sector unexpectedly slipped into contraction territory in August amid escalating trade tensions between the US and China, according to the Institute for Supply Management.
US pre-open: Futures point lower as latest US-China tariffs kick in
Wall Street futures had stocks opening sharply lower following the Labor Day break and after the latest round of US-China trade tariffs kicked in at the weekend.
Trump says US doing well in trade negotiations, BofA-ML sees 'more pain'
America is doing well in its negotiations with the People's Republic of China and has nothing to gain by waiting until the next elections, the US President said on Tuesday.
Just Eat shareholder Eminence Capital to oppose Takeaway.com deal
Just Eat was under pressure as it emerged that shareholder Eminence Capital, a US asset management firm, intends to vote against its planned £9bn merger with Dutch peer Takeaway. com.
New EU executive to crack down on US tech giants
The European Union's new executive will not grant America's tech giants any tax relief and will devise new laws to regulate the companies and artificial intelligence technology, the Wall Street Journal reported on Tuesday.
Asia report: Markets mixed as US-China uncertainty drags on
Asian markets were mixed on Tuesday as uncertainty over the US-China trade negotiations continued, amid reports that the two parties could not agree on a date to resume face-to-face discussions.
New York Times pulls sponsorship for London Oil and Money conference
The New York Times newspaper has binned its plans to sponsor one of the world's biggest oil industry conferences following pressure from environmental activists.
Euro area producer prices edge up in July, but fall in France, Italy and Spain
Industrial prices across the euro area edged higher in July, but fell in three of the single currency bloc's largest economies, France, Italy and Spain.