International News
US close: Stocks close lower following FOMC minutes
Wall Street stocks closed lower on Wednesday as minutes from the Federal Reserve's latest meeting weighed on sentiment.
Trump supports Oracle bid for TikTok's US operations
US President Donald Trump showed his support for Oracle’s bid to acquire Chinese tech company TikTok’s US, Canadian, Australian and New Zealand operations.
Europe close: Stocks move higher tracking gains Stateside
Europe's main stock market gauges clocked in with solid gains, helped by fresh record highs for stocks on Wall Street.
Discount retailer Target cashes in on record demand in Q2
Target cashed in on record demand for its wares that drove market share gains in part due to a dizzying uptake of its digital offering.
Johnson & Johnson to buy Momenta Pharmaceuticals in $6.5bn deal
Shares of biotechnology company Momenta Pharmaceuticals surged on Wednesday after it agreed to be bought by Johnson & Johnson in a $6. 5bn deal.
US pre-open: Futures mixed as stimulus talks, trade tensions remain in focus
Wall Street futures had stocks mostly opening higher ahead of the bell on Wednesday as stalled stimulus talks in Washington and US-Sino tensions remained in focus.
China evacuates 100,000 people due to Yangtze flood
Chinese authorities have had to evacuate 100,000 people homes living on the upper reaches of China’s Yangtze river from their homes due to the risk of flooding.
Greta Thunberg calls out leaders over climate inaction
Teenage activist Greta Thunberg warned that the world is still wasting time when it comes to fighting climate change and attacked “ignorance and unawareness”.
Asia report: Markets mixed as Australia-China relations sour
Asian stock markets finished in a mixed state on Wednesday, as investors digested a fresh batch of data from Japan, amid souring relations between Beijing and Canberra.
Euro area core CPI confirmed at up by 1.2% in July
Inflationary pressures in the euro area accelerated last month, driven by a pick up in prices for non-energy industrial goods.
No new US-China trade talks currently scheduled, White House says
There are no plans at present for new high-level trade talks between Washington and Beijing, a top White House official said.