International News
Johnson loses bid to call general election
UK MPs rejected Boris Johnson's call for an early general election as the prime minister faced more humbling defeats in parliament on Wednesday.
EU's Malmstrom says US car tariffs unjustified
European Trade Commissioner Cecilia Malmstrom said cars made in the EU don’t pose a threat to US national security and shouldn’t be the target of American tariffs.
Europe close: Investors breath sigh of relief as political tensions ease
European stock markets welcomed the latest political developments in the UK and Italy, the withdrawal of a controversial extradition bill in Hong Kong and news of fresh stimulus in China.
US open: Solid Chinese data and withdrawal of controversial Hong Kong bill boost sentiment
Stocks on Wall Street opened higher on Wednesday after a report revealed that China's services sector expanded at its fastest pace in three months in August and a controversial bill that led to recent tensions in Hong Kong was withdrawn.
New Italian coalition government between M5S and PD sworn in on Thursday
Cabinet members from the new coalition government just formed in Italy between the anti-establishment Five Star Movement and the centre-left Democratic Party will be sworn in on Thursday at 0900 BST.
US trade deficit shrinks in August led by weaker demand for computers
America's shortfall in trade with the rest of the world narrowed in July, albeit due in part to weaker import demand.
China planning to cut lenders' reserve requirements again
Chinese authorities were preparing to boost their monetary policy stimulus by easing lenders' reserve requirement ratios.
Hong Kong leader set to withdraw China extradition bill
Hong Kong Leader Carrie Lam announced on Wednesday that she was withdrawing an extradition bill granting Beijing the power take people away into what some critics said was China's opaque legal system.
US pre-open: Futures point to gains following strong Chinese data
Futures had stocks opening higher on Wednesday after a report revealed that China's services sector expanded at its fastest pace in three months in August.
Amazon pays £220.0m in UK tax in 2018 despite whopping £11.0bn in sales
Amazon was accused of not paying enough UK tax after coughing up just £220. 0m in 2018 despite having reported revenues of £10. 9bn.
Eurozone retail sales drop as expected in July
Eurozone retail sales fell in line with expectations in July, according to figures released by Eurostat on Wednesday.
Asia report: Hong Kong gains as extradition bill withdrawn
Asian markets were higher on Wednesday as stocks in Hong Kong climbed after the city's chief executive suspended the controversial extradition bill that sparked recent pro-democracy demonstrations.
Eurozone services PMI ticks higher in August
Growth in the eurozone services sector was better than expected in August but still modest, according to data released on Wednesday.