International News
US close: Markets finish lower after choppy, trade-focussed session
US stocks finished below the waterline after a choppy session on Tuesday as market participants remained glued to their screens for any hint of fresh developments in the ongoing US-China trade war.
China increases US soybean purchases amid ongoing trade talks
Chinese imports of American soybeans multiplied by a factor of 13 between September and November when compared to the same period one year before, revealed Xiaoping Zhang, the Greater China Regional Director for the US Soybean Export Council, to CNBC.
Mercedes self-driving cab service to kick-off in California
Self-driving Mercedes-Benz and Bosch vehicles are set to go on trial in California with the aim of becoming a fully-functioning cab service in the near future.
US open: Flat start to session as investors mull over trade update
US stocks turned green at the open on Tuesday as market participants remained glued to their screens for any hint of fresh developments in the ongoing US-China trade war.
US reportedly set to delay new Chinese trade tariffs
Negotiators from the US and China are working to postpone the introduction of new tariffs on Chinese exports in mid-December.
Trump pressures Japan to choose US contractor over BAE Systems
Donald Trump is piling the pressure on Tokyo to choose a US defence contractor to develop replacements for its F-2 multi-role combat aircraft instead of Britain's BAE Systems.
US third quarter labour cost growth revised lower
The productivity of American workers dipped during the third quarter, but unit labour costs rose by less than previously thought, revised data showed.
US pre-open: Futures point to losses as trade remains in focus
US futures had stocks opening lower on Tuesday as market participants remained glued to their screens for any hint of fresh developments in the ongoing US-China trade war.
JP Morgan sees trade deal and elections driving S&P 500 to 3,400
JP Morgan strategists set a year-end 2020 'fair value' estimate for the S&P 500 of 3,400 points, telling clients that a partial trade deal and economic policy easing should drive improved business sentiment over the course of the year.
NFIB small business optimism index improves in November
Small business sentiment in the US improved more than expected in November, according to the latest survey from the National Federation of Independent Business.
Nissan faces £17m fine for misreporting Carlos Ghosn's pension
Nissan faces a fine of more than £17. 0m related to the carmaker's under-reporting of former chairman Carlos Ghosn's pension.
Asia report: Markets finish mixed as consumer inflation rises in China
Markets in Asia finished in a mixed state on Tuesday, as investors digested fresh data out of China which showed a jump in consumer prices during November.
German investor sentiment improves much more than expected - ZEW
German investor sentiment improved much more than expected in December, according to the latest survey from the ZEW Center for European Economics Research in Mannheim.
Pork fuels Chinese consumer inflation as producer prices fall
Chinese consumer inflation hit a near-eight year high in November, fuelled by rising pork prices, but producer prices recorded their fifth month of annual declines as economic growth slowed.