International News
Europe close: Stocks dip ahead of US-China trade deal signing
Stocks on the Continent traded slightly lower on Wednesday as investors sat on their hands ahead of the signing of the US-China trade deal scheduled for later in the day.
US and China ready to sign 'phase one' trade deal
The long-awaited phase one trade deal between the US and China is set to be signed on Wednesday although some reports that it might have less of an impact on financial markets than expected.
Empire State index edges past forecasts in January
A closely-followed gauge of factory sector conditions in the jurisdiction on the Federal Reserve Bank of New York continued to outperform national manufacturing sector gauges like that from the Institute for Supply Management.
US final demand prices rise slightly less than forecast in December
Producer prices in the States rose a tad less quickly than anticipated last month due to the drag from trade services prices.
IAG lodges complaint with EU over Flybe rescue
British Airways owner IAG has complained to the European Union about the UK government’s decision to rescue struggling regional carrier Flybe.
Goldman Sachs profits hurt by weak investment banking performance
US banking giant Goldman Sachs fell short of estimates on Wednesday as the group reported that quarterly profits had been hurt by weakness in its investment banking arm and higher operating costs.
Iran threatens US and EU for military presence in the Middle East
Iran’s President Hassan Rouhani made a veiled threat to the US and the European Union on local TV on Wednesday, blaming them for what he said were their multiple failures in upholding the 2015 nuclear agreement and because of their military presence in the Middle East.
US pre-open: Futures point to flat session ahead of trade deal signing
US futures were pointing to a broadly flat open on Wednesday as investors awaited the signing of Washington and Beijing's "phase one" trade agreement.
Jeff Bezos to invest $1bn in Indian companies
Jeff Bezos, the billionaire founder of Amazon, has unveiled a $1. 0bn investment to help small Indian businesses digitalise.
Bank of America shares dip after 'low quality' Q4 EPS beat
Bank of America saw sales and profits decline at the end of 2019 despite amid higher expenses and a fall in net interest income.
Eurozone industrial production rises less than expected
Eurozone industrial production rose less than expected in November, according to figures released by Eurostat on Wednesday.
Asia report: Most markets fall ahead of expected trade deal signing
Most markets in Asia finished lower on Wednesday, as investors closed their wallets ahead of the scheduled signing of the first phase trade deal between the United States and China later in the global day.