International News
Europe close: Investors play it safe as stocks near record highs
Investors were loathe to keep pushing stocks on the Continent higher, despite the boost to investor sentiment from positive headlines on US-China trade and 'merger talk' in the luxury goods sector.
OPEC+ ministers agree to deeper cuts, but only until March
Energy ministers from the Organisation of the Petroleum Exporting Countries and its key allies have agreed on deeper oil output cuts to stem a near-term glut of oil.
US open: Stocks turn red as impeachment charges set to be filed against Trump
Wall Street trading began with losses on Thursday as financial markets digested the latest news around US-China trade relations and the ongoing impeachment proceedings against president Donald Trump.
Tiffany falls short on earnings and revenues
Luxury jeweller Tiffany posted quarterly earnings and revenues that both fell short of estimates on the Street on Thursday.
Huawei tries to overturn ban on purchases with US government funds
Huawei is looking to overturn a ruling by the US Federal Communications Commission (FCC) barring the use of funding from the American government from being used to buy equipment from telecommunications giant.
US bill against Muslim detainment camps in China sparks anger
Official Chinese media outlets lashed out against the United States and called for harsh reprisals in editorials on Thursday after the US House of Representatives passed legislation calling for a stronger response to Beijing’s mistreatment of its Uighur Muslim minority.
Jobless claims unexpectedly fall
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data from the Labor Department.
Trade talks continue as China reiterates need for tariff cuts
China has reiterated a call for existing tariffs to be lowered as crucial talks between Beijing and Washington look to continue.
Federal Trade Commission broadens antitrust investigation into Amazon
Amazon has reportedly seen the US Federal Trade Commission broaden its scrutiny beyond the group's retail operations to cover its cloud-computing unit.
US foreign trade deficit for October posts outsized drop
America's shortfall on trade with the rest of the world dropped sharply in October amid a down-draft in import demand.
US pre-open: Futures point to gains after Trump says trade talks going 'very well'
US futures had stocks opening higher on Thursday as market focus remained firmly on the latest trade developments.
Eurozone retail sales fall as Germany weighs heavily
Retail sales across the eurozone fell in October, weighed down by a poor performance in Germany, as the crucial fourth quarter got off to a weak start.
Asia report: Most markets rise as trade optimism returns
Most markets in Asia finished in the green on Thursday, as investors sifted through the latest developments on the US-China trade front, as well a a surprise on interest rates from India’s central bank.
Eurozone economy nudges ahead in third quarter
The Eurozone economy showed marginal growth in the third quarter, underpinned by spending from both consumers and governments.
OPEC set to meet amid doubts around further production cuts
Delegates from the Organisation of the Petroleum Exporting Countries are meeting in Vienna from Thursday with traders wondering aloud whether the cartel and its allies will approval further oil production cuts.
France crippled by mass walkout over pension reforms
France was paralysed by a national strike over President Emmanuel Macron's planned pension reforms as public sector workers walked off the job en masse on Thursday.
Boohoo co-founders sell 4.3% stake
The co-founders of Boohoo have sold a 4. 3% stake in the fast fashion retailer worth around £143m.
Moncler surges as Kering said to consider bid
Shares of luxury down jacket and ski wear maker Moncler surged on Thursday following a report that France’s Kering could be interested in buying the company.
German factory orders unexpectedly fall in October
German factory orders unexpectedly fell in October, according to figures released by Destatis on Thursday.