International News
US close: Stocks drop as Middle East tensions remain in focus
US stocks closed lower on Tuesday as investors continued to monitor headlines surrounding tensions in the Middle East.
Europe close: Healthcare and Technology issues pace gains as sentiment stabilises
Stocks across the Channel were modestly higher on Tuesday, with investors taking their cue from US markets, which had finished higher the day before on the hope that the worst scenarios in the Middle East could yet be averted.
Hackers hold Travelex to ransom
Hackers are holding Travelex, the foreign exchange company, to ransom after a cyber-attack forced it to turn off all computer systems across thousands of its sites.
Facebook bans deepface ahead of US presidential election
Facebook announced a new policy that bans AI-manipulated videos known as 'deepfakes' that could mislead viewers into thinking they are watching someone saying something that they did not in fact say.
Tech giants urge EU not to hold them liable for illegal content online
Tech giants have asked Brussels not to hold them liable for the illegal content posted by users on their platforms and have pledged to boost efforts to remove the content and avoid harmful activity on their platforms.
UK and EU set to kick off negotiations for speedy trade deal
UK Prime Minister Boris Johnson was set to receive the President of the European Commission on Wednesday in London to begin negotiations for a post Brexit trade deal with the European Union.
US open: Stocks head south as geopolitics remain in focus
US stocks opened lower on Tuesday as investors continued to monitor headlines surrounding tensions in the Middle East.
US services index rises more than expected in December - ISM
Activity in the US services sector improved more than expected in December, according to data released on Tuesday.
US trade deficit falls more sharply than expected in November
America's shortfall in trade with the rest of the world narrowed sharply in November on the back of a sharp drop in the country's purchases.
US pre-open: Futures point to flat open as geopolitical tensions recede
US futures were pointing to a mostly flat open on Tuesday as fears surrounding all-out war in the Middle East somewhat receded.
Japan issues arrest warrant for wife of Carlos Ghosn
Japanese authorities have issued an arrest warrant for the wife of Carlos Ghosn, Nissan’s disgraced former chairman.
Asia report: Markets follow Wall Street stocks higher
Markets in Asia followed Wall Street stocks into the green on Tuesday, as investors appeared to shrug off ongoing geopolitical tension in the Middle East.
Eurozone inflation jumps as oil prices recover
Eurozone inflation rose in December, boosted primarily by higher energy costs, official data showed on Tuesday.
Musk says Tesla car to be designed in China for global market
Tesla will open a design and engineering centre in China to design a new vehicle for the global market, chief executive CEO Elon Musk said on Tuesday.
UBS overhauls flagship wealth unit - report
Switzerland’s UBS Group is shaking up its flagship wealth management arm, including potentially shedding up to 500 jobs, according to a leaked memo.
Saint-Gobain acquires Belgium-based High Tech Metal Seals
Saint-Gobain has acquired High Tech Metal Seals (HTMS), a designer and manufacturer of engineered metal seals for the industrial, energy and aerospace markets, it announced on Tuesday.