International News
US Judiciary Committee set to bring articles of Trump impeachment to House floor
The House Judiciary Committee has sent two articles of impeachment against President Trump in advance to the House floor for a final vote in the chamber.
Europe close: Stocks advance on US-China trade deal, Brexit clarity
European stocks were sharply higher on Friday following news that the US and China have reached an initial trade deal, thus avoiding a new round of tariffs, with a landslide victory for the Conservative Party in the UK general election also boosting sentiment.
Trade talks have achieved 'major advance', China says
China confirmed that it has reached an agreement with Washington on a phase-one trade deal, including the roll-back of some US tariffs and the cancellation of the new duties that both sides had been preparing to impose on 15 December. The Wall Street Journal story on the China Deal is completely wrong, especially their statement on Tariffs. Fake News. They should find a better leaker! — Donald J. Trump (@realDonaldTrump) December 13, 2019.
US open: Mixed start to trading as US and China reach 'phase one' trade deal
Wall Street trading was somewhat mixed at the open on Friday after the US and China agreed to a "phase one" trade deal.
Eramet notes falling metal prices in November
Eramet updated the market on manganese ore and nickel price trends, and its outlook for the 2019 financial year, on Friday, reporting that in recent months, it had performed well in terms of production, confirming its targets for 2019.
Hexagon Composites consortium awarded funding for hydrogen hub
Hexagon Composites announced on Friday that the Hellesylt Hydrogen Hub - a consortium of players in the hydrogen field, including Hexagon - has been awarded NOK 37. 6m under the ‘PILOT-E’ funding scheme for the development of a hydrogen production facility.
Microsoft unveils new Xbox and kicks off console war with Sony
Microsoft released the design for the new Xbox Series X on Thursday and kicked off what will surely be a console war with Sony throughout 2020 for next-generation gaming hardware.
US President denies WSJ report on US-China trade agreement
Reports that the US was set to cancel the new trade tariffs that were set to go ahead on the following and partially roll-back pre-existing ones might be wide of the mark.
US retail sales post modest rise in November, as expected
US retail sales posted a moderate increase last month, as expected.
US regulator may ask Facebook to stop integration of subsidiaries
The US Federal Trade Commission is considering asking a court to stop Facebook from moving ahead with plans to integrate its WhatsApp, Instagram and Messenger subsidiaries, The Wall Street Journal reported on Thursday.
CMA to probe Viagogo takeover of StubHub
The Competition and Markets Authority said on Friday that it will investigate whether Viagogo’s $4bn acquisition of StubHub will result in a "substantial lessening" of competition in the market.
Delivery Hero expands in Asia with $4bn South Korean buyout
European food delivery company Delivery Hero expanded its footprint in Asia with a $4bn buyout of a South Korean start-up as it moved to become more competitive in the region.
US pre-open: Stocks seen higher on trade deal hopes
US futures were pointing to some modest gains ahead of the bell on Friday as market participants digested news that the US and China had agreed a 'phase one' trade deal in principle.
Asia report: Markets finish firmer amid soaring trade optimism
Markets in Asia finished well into the green on Friday, with the main boards in Japan and Hong Kong soaring on reports that the US and China had reached a first phase deal on trade.