International News
Europe close: Stocks little changed as investors monitor risks of second pandemic wave
Stocks in Europe were little changed overall on Tuesday although they did give back early gains despite reports that US lawmakers were preparing a further $1. 0trn round of fiscal stimulus.
US consumers temper their optimism in July, Conference Board says
Consumer sentiment in the States ebbed a bit more than expected in July as Americans tempered their short-term expectations.
Global GDP to fall 5% this year, UK unemployment to hit 10% - NIESR
Global GDP will fall 5% this year, while the UK economy will shrink 10% and unemployment will reach 10%, according to the National Institute of Economic and Social Research.
US open: Stocks fall at the bell as corporate earnings continue to roll in
Wall Street stocks opened lower on Tuesday amid stimulus headlines and another slab of corporate earnings.
US S&P Case Shiller home price index edges up in May
Home price inflation in the States slowed in May, the results of a closely-followed gauge revealed.
Pfizer beats estimates with Q2 earnings
Shares in pharma giant Pfizer were in the green ahead of the bell on Tuesday after posting better-than-expected second-quarter earnings and raising its full-year guidance.
US pre-open: Futures point to losses ahead of earnings deluge
Wall Street futures had stocks opening lower on Tuesday ahead of a veritable array of major corporate earnings.
Google to build undersea fiber-optic cable to connect US, Britain and Spain
Google is set to build its new Grace Hopper fiber-optic cable to improve its services that will connect New York to Bude in the UK and Bilbao in Spain.
Asia report: Markets mixed as gold pushes new record highs
Markets in Asia finished in a mixed state on Tuesday, as gold prices dipped from record highs late in the session, amid ongoing Covid-19 concerns and geopolitical tensions between the US and China.
Amazon plans expansion of UK delivery service
Amazon is planning a wider UK rollout of its online grocery service by the end of 2020 as it tries to take advantage of consumers’ needs during the pandemic.