International News
US open: Stocks head south amid heightened geopolitical tensions
Wall Street stocks headed south at the bell on Friday as investors digested the July non-farm payrolls report and geopolitical tensions weighed on sentiment.
US non-farm payrolls surprise to the upside in July, unemployment retreats
Hiring in the US continued to outpace forecasts last month with most economists bedeviled by all the distortions in the official data in the wake of disruptions from the Covid-19 pandemic, including to statisticians' work.
Prosecutors suspect Wirecard was looted - report
German prosecutors suspect Wirecard was plundered before its collapse and that €1bn (£903m) was transferred to opaque partner companies as the group tried to rebuff allegations of fraud, according to a report.
Goldman Sachs' profit almost wiped out by 1MDB fine
Goldman Sachs has almost wiped out its bumper second-quarter profit by setting aside an extra $2bn (£1. 5bn) for legal costs related to the 1MDB scandal in Malaysia.
US pre-open: Futures point to losses as Trump moves to ban Chinese apps
Wall Street futures were pointing to losses ahead of the bell as investors awaited the July non-farm payrolls report and an executive order against Chinese applications weighed on sentiment.
Sunak rules out furlough extension, says UK won't hesitate on quarantines
UK Finance Minister Rishi Sunak on Friday ruled out an extension to the government’s coronavirus furlough scheme, saying it could not carry on indefinitely.
Asia report: Markets mostly lower as Trump signs TikTok order
Markets in Asia finished mostly lower on Friday, as investors digested fresh export data from China, and after US president Donald Trump issued an executive order banning dealings with the Chinese owners of popular apps TikTok and WeChat.
China import growth unexpectedly dips in July
Chinese exports printed well ahead of economists' forecasts again in July but import growth dipped, stoking some concern about the pace of the domestic recovery in China.