International News
Philly Fed index slips slightly in August
Manufacturing activity in the US slowed slightly last month, the results of a closely-followed survey showed.
US jobless claims rise modestly, secondary filings continue retreating
Unemployment in the States rose slightly during the latest week, contrary to analysts' forecasts.
Estee Lauder posts wider-than-expected quarterly loss
Cosmetics firm Estee Lauder posted a wider-than-expected quarterly loss on Thursday as Covid-19 travel restrictions and store closures softened demand for its products.
Iran seizes UAE ship and crew for violating territorial waters
Iran seized a UAE ship and its crew on Monday for violating its territorial waters, Iranian state TV said on Thursday.
Airbnb set to go public despite Covid-19 troubles
Airbnb filed preliminary paperwork on Wednesday for selling stock on Wall Street despite being severely hit at the start of the year by the Covid-19 pandemic.
Hong Kong to suspend cooperation agreement with US
Hong Kong set to suspend an agreement on mutual legal assistance with the US, the Chinese foreign ministry said on Thursday.
Japan gives Covid-19 relief work to Deloitte
The Japanese government signed a contract with a Deloitte-linked consulting group to distribute coronavirus relief payouts.
Asia report: Markets slip as China stands pat on rates
Markets in Asia were red across the board on Thursday, as investors watched China’s central bank stand pat on its benchmark lending rate, and digested the latest minutes from the Fed stateside.
China and US to hold trade talks soon, says China official
Trade talks between the US and China will be held soon, a Chinese Commerce Ministry official said on Thursday.
Washington and Beijing planning to reschedule postponed trade deal progress review
Washington and Beijing are planning to reschedule the progress review for their phase one trade deal which had been due to take place on 15 August before the US President's decision to postpone it indefinitely.