International News
Boeing could suspend 737 Max production
Boeing’s board is considering halting the production of the controversial 737 Max model as the aircraft could face another round of delays before regulators judge it safe to fly again.
UK pork sales set to jump as swine flu kills 25% of Chinese stock
UK firms selling pork products, including the likes of Cranswick, could be set to see another jump in sales in 2020, as African Swine Fever continues to take its toll on pig stocks around the world.
Berenberg stays at 'buy' on Boeing as it waits for decision on 737 and dividend
A decision by Boeing to reduce or cancel production of its 737 Max jet until US regulators clear it for a 'return-to-service' could result in "substantial additional charges", according to analysts at Berenberg.
US homebuilder confidence at highest since June 1999
Homebuilder confidence in the States hit a more than two-decade high at the end of 2019, even as scarce labour and land continued to limit the supply of new homes.
US open: Stocks rally following trade deal
US stocks opened higher on Monday as Washington and Beijing's "phase one" trade deal remained the focus of most traders.
Tensions mount between China and Germany over Huawei
Tensions between China and Germany have started to mount after it emerged that the eurozone’s largest economy was considering potentially excluding Huawei from the rollout of its 5G mobile network.
US Empire State index edges higher in December
A closely-followed gauge of factory sector conditions in the jurisdiction of the Federal Reserve bank of New York improved slightly in December.
Endeavour, Centamin agree to explore possible merger
Centamin has agreed to explore a potential merger with rival Endeavour Mining Corporation, just days after it dismissed an initial £1. 5bn bid from the Africa-focused gold miner.
WPX Energy to buy Felix Energy for $2.5bn
US oil and gas producer WPX Energy has agreed to buy Delaware Basin operator Felix Energy in a $2. 5bn cash and stock deal.
Shares rally as H&M reports jump in fourth-quarter sales
Hennes & Mauritz reported a jump in fourth-quarter sales on Monday, though the timing of Black Friday meant the numbers narrowly missed analysts' expectations.
US pre-open: Stocks called to start higher with trade still in focus
US futures had stocks opening slightly higher on Monday as Washington and Beijing's "phase one" trade deal remained the focus of most traders.
Uber plans to expand bike and scooter business in 2020
Uber plans to “double down” on its investment towards bikes and scooters in 2020 especially in Europe, an executive at the company said according to CNBC.
EU to review curbs on unfair competition from foreign state-owned firms
The European Commission is reviewing ways to curbing unfair competition from foreign state-owned companies as member states called for closer examination of Chinese investment in the bloc.
Asia report: Markets mixed as US and China reach trade deal
Markets in Asia were mixed on Monday, as investors digested positive industrial data from China, and as officials in that country fiinally agreed with their US counterparts on a first phase trade deal.
Eurozone business activity remains weak in December
Business activity in the eurozone remained weak in December, according to data released on Monday, as a slight upturn in the services sector was offset by further weakness in manufacturing.
US-China initial trade deal 'totally done', Lighthizer says
A trade deal that will almost double US exports to China over two years is "totally done", the US trade representative has said.