International News
Europe close: Stocks higher amid lingering trade optimism ahead of ECB meeting
European shares finished higher on Friday albeit with confirmation from Washington that high-level US-China trade talks were on for early October offset by a weaker than expected reading on US non-farm payrolls for August.
Netflix and Amazon double spending on UK shows
Netflix and Amazon have almost doubled the amount that they spend on UK made TV shows over the last year to £280. 0m.
White House's Kudlow sees scope for 'something positive' coming out of US-China talks
National economic council director, Larry Kudlow, confirmed that top US and Chinese trade officials would meet in early October and said he saw the potential for "something positive" to come out of thirteenth round of negotiations.
US non-farm payrolls increase by 130,000 in August
US non-farm payrolls increased by 130,000 in August, pointing to a slowing economy, according to some - but not all - economists.
New York Attorney General heads up Facebook antitrust investigation
New York attorney general Letitia James confirmed on Friday that she was heading up a bipartisan investigation into social media giant Facebook following allegations of antitrust breaches.
US open: Subdued gains as investors thumb through jobs report, trade news
Trading on Wall Street began on a somewhat muted note on Friday as investors scoured over the key monthly jobs report amid speculation that something positive might be afoot on the US-China trade front.
H&M halts leather purchases from Brazil to fight rainforest wildfires
Fashion retailer H&M announced on Thursday that it had stopped purchasing leather from Brazil until assurances were given that it was not contributing to the harm being done to the Amazon rainforest.
Deutsche Bank cutting jobs in fixed-income unit
Deutsche Bank AG is cutting dozens of traders and salespeople in its global fixed-income ranks as part of the firm’s overhaul.
Shell, BP, Equinor and Total not aligned with Paris climate agreement
Major oil and gas companies such as Shell, BP, Equinor and Total are not aligned with the Paris climate agreement and are in fact undermining the fight against the climate crisis with investments worth $50bn in fossil fuel projects, new research alleged.
BofA-ML tells investors to stay 'bullish'
Strategists at Bank of America-Merrill Lynch told clients to "be bullish" given the still growing signs of pessimism among investors.
US pre-open: Futures point to small gains ahead of key jobs data
Futures had Wall Street stocks opening slightly higher on Friday as investors awaited the key monthly jobs report later in the session.
China's central bank cuts lenders' reserve ratios again
China's central bank on Friday announced a reduction in the reserves that banks are required to keep on deposit in a fresh move to stimulate the nation's economy.
Asia report: Markets rise on news of US-China negotiations
Asian markets rose on Friday as investors cheered a thaw in US-China tensions after the two superpowers confirmed face-to-face trade negotiations will resume in the coming weeks.
Slowdown in Q2 eurozone growth confirmed
Data released by EU statistics agency Eurostat on Friday confirmed that economic growth in the eurozone eased in the second quarter of the year.
German industrial production drops in July
German industrial production unexpectedly fell in July as trade tensions took their toll, according to the latest figures released by Destatis, stoking recession fears.