International News
US close: Stocks eke out small gains as record-setting rally continues
US stocks closed slightly higher on Tuesday as market participants awaited further updates on Washington and Beijing's trade war ceasefire.
Hong Kong suffers $5bn of capital outflows due to protests, BoE says
Hong Kong has seen as much as $5bn of capital flee from the Asian financial hub since April in the wake of recent political unrest and the ongoing protests, said the Bank of England on Tuesday.
Europe close: Stocks pause for breath after recent strong gains
European shares ended on a mixed note on Tuesday after nearing multi-year highs in the previous session on the back of investor optimism after China and the US agreed a ‘phase one’ trade deal.
London close: Drop in Sterling limits weakness in shares
London equity markets finished on a mixed note on Tuesday, with domestic stocks under the cosh amid worries about a no-deal Brexit but losses on the top-flight index kept in check as the pound gave up its post-election gains.
Ola signs up 10,000 drivers in London as it prepares launch
Indian taxi firm Ola has signed-on 10,000 drivers as it prepares to launch in London and compete against Uber.
Over 500,000 Whirlpool machines to be recalled in the UK
Over half a million washing machines from Whirlpool had to be recalled from UK households over fire risks, the company said on Tuesday.
US open: Stocks go green as record-setting rally continues
US stocks were slightly higher following the bell on Tuesday as market participants awaited further updates on Washington and Beijing's trade war ceasefire.
US industrial production bounces back after strike action in auto sector
Industrial production in the US bounced back sharply last month, led by that of motor vehicles and parts, as activity in the sector recovered from two months of strike action by unions.
US housing starts jump past forecasts in November
A closely-followed gauge of activity in the US housing market accelerated noticeably last month, together with a pick-up in a key lead indicator for the sector.
CMA to probe Google's acquisition of Looker Data Sciences
The Competition and Markets Authority will investigate Google’s $2. 6bn takeover of cloud analytics company Looker Data Sciences.
Asia report: Markets finish higher as sentiment remains buoyant
Most markets in Asia were higher as they closed on Tuesday, led by bourses in mainland China, as sentiment remained high following the news at the weekend that the US and China had reached a first phase trade deal.
US telecoms rebuff Trump's latest anti-Huawei plans
US technology companies have rebuffed a Trump administration plan that would require US firms to stop sourcing supplies from some Chinese firms despite the risk that they might fall afoul of competition laws.
US pre-open: Futures point to flat open with trade still in focus
US futures were pointing to a relatively muted open ahead of the bell on Tuesday as market participants waited on further updates on Washington and Beijing's trade war ceasefire.