International News
Europe close: Stocks finish higher despite UK recession
European shares continued their strong run on Wednesday as investors shrugged off UK recession woes and US fiscal stimulus worries as Liberty Global's takeover of Sunrise Communications boosted sentiment.
EU to decide on sanctions against Belarus over election result
Sweden’s top European Union diplomat said on Wednesday that ministers would meet on Friday to discuss targeted sanctions against Belarus over the contested presidential election result.
US consumer prices rise more than expected in July
US inflation rose faster than expected in July, according to figures released on Wednesday by the Labor Department.
China reportedly to discuss TikTok, WeChat in next trade talks with US
Chinese officials are set to discuss the US ban on TikTok and WeChat in the next trade talks with Washington officials in coming days.
US pre-open: Stocks called to open higher following losses in previous session
Wall Street futures were pointing to a positive open ahead of the bell on Wednesday as the S&P 500 looked set to rebound from its first losing session in over a week.
Moderna makes pretrade gains after signing US vaccine deal
Moderna shares rose in pretrading after the US biotechnology company signed a deal with the Trump administration worth up to $1. 5bn (£1. 2bn) to supply doses of its experimental Covid-19 vaccine.
Asia report: Markets mixed, RBNZ expands QE beyond forecasts
Markets finished mixed in Asia on Wednesday, as investors monitored the global Covid-19 situation, and New Zealand’s central bank stood pat on interest rates but expanded its quantitative easing programme beyond market expectations.
Kingswood accelerates US expansion with majority holding of MHC
Kingswood Holdings announced “another giant step” in its US expansion strategy on Wednesday, with a definitive agreement to acquire a majority 50. 1% interest in Manhattan Harbor Capital (MHC).
Eurozone industrial production rises less than expected in June
Eurozone industrial production rose a touch less than expected in June, according to the latest figures from Eurostat.
Liberty Global to buy Switzerland's Sunrise Communications
US cable company Liberty Global has agreed to buy Swiss telecommunications group Sunrise Communications for CHF5bn (£4. 2bn) in cash, or CHF110 per share.