International News
Enormous blast rocks Beirut
An enormous blast rocked all of Beirut shortly before 1700 BST with initial reports citing official sources saying that it was the result of an accidental fire at a fireworks depot. 3rd video from another angle. Initial reports that explosion occurred due to accidental fire break in fireworks cache #Lebanon #Beirutpic. twitter. com/1WnCO6N0HI — Hemat (@Himat75) August 4, 2020 WATCH: Aftermath of Beirut's massive explosion. Many feared dead pic. twitter. com/55siEnzLSU — BNO News (@BNONews) August 4, 2020.
EC to probe Google acquisition of wearables giant Fitbit
The European Commission has opened an investigation over the proposed acquisition of Fitbit by Google, it announced on Tuesday, under the EU’s merger regulations.
US open: Tech stocks and gold set fresh highs
Wall Streets main stock market gauges were edging higher in early trading, buoyed by reports of possible further fiscal stimulus in the pipeline and some positive news on the pandemic front.
US factory orders grow more quickly than expected in June
Factory orders in the US grew more quickly than expected last month.
Trump says govt should get slice of any Microsoft-TikTok deal
The US government should get a cut from any sale of TikTok to Microsoft, President Donald Trump said, as the video-sharing social media app became embroiled in the China-US geopolitical spat.
US pre-open: Stocks set to dip as stimulus talks continue, but new Covid-19 cases slip
Futures for all three of Wall Street's main stock market gauges are pointing lower with analysts pointing to the drag from the ongoing negotiations on Capitol Hill regarding a fourth stimulus package.
Asia report: Most markets higher as RBA stands pat on policy
Markets in Asia finished mostly higher on Tuesday, as Australia’s central bank stood pat on its monetary policy.
Eurozone producer prices rise in June after four months of falls
Eurozone producer prices rose in June, having suffered four consecutive months of declines due to the Covid-19 pandemic, according to figures released by Eurostat on Tuesday.