International News
ECB sources say quarterly forecasts are for growth barely above 1.0%
The European Central Bank will guide towards lower growth and a slower return to price stability when rate-setters meet to decide on policy on Thursday.
BofA stays at 'buy' on Apple, says company playing 'long game' on Apple TV
Analysts at Bank of America-Merrill Lynch bumped up their target price for shares of Apple, following the launch of the technology giant's new iPhones the night before.
US producer prices edge past forecasts in August
Wholesale prices in the US edged higher last month despite sharp declines in both food and energy inflation, but economists said that the "inflation threat" lay in consumer prices and not at the producer level.
US open: Small gains at the bell as Apple leads the charge
Wall Street trading began on a somewhat tentative note on Wednesday as the focus shifted between Apple's product launch a day earlier and trade relations between China and the US.
US President chastises 'boneheads' at the Federal Reserve
The US President reiterated its criticism of the country's central bank in the middle of the week, arguing that short-term interest rates should be cut into negative territory.
Amazon faces FTC antitrust probe over its marketplace
The US Federal Trade Commission is ramping up an investigation into Amazon over its online marketplace by interviewing small businesses that sell through the company, reported Bloomberg on Wednesday.
China exempts some US goods from tariffs ahead of new negotiations
China confirmed it would exempt 16 categories of US goods from 25% tariffs that it imposed on roughly $50bn worth of imports last summer.
Fashion giant Inditex reports strong rise in H1 profits
Fashion retail giant Inditex reported a 10% rise in first half net profit to €1. 5bn on Wednesday as a warm European summer helped to lift sales.
US pre-open: Stocks seen mixed after China trade news
US stock futures pointed to another mixed session on Wall Street on Wednesday as the focus shifted back to trade relations between China and the US.
Asia report: Stocks mixed as China exempts some US goods from tariffs
Asian markets were mixed on Wednesday as concerns about trade relations between the US and China receded.
Oxford BMW workers face fortnight of unpaid leave in no-deal Brexit
BMW workers in the Mini plant in Oxford will take unpaid leave for two weeks or more in the case of a no-deal Brexit due to major disruptions in the carmaker’s business, the company said.
Trump fires national security adviser John Bolton
US President Donald Trump on Tuesday fired national security adviser John Bolton, saying he "disagreed “strongly” with the controversial foreign policy hawk.