International News
US manufacturing and services sector PMIs jump in July
Activity levels at both US factories and among services sector firms picked up substantially in August, according to the results of two closely-followed surveys.
Existing US home sales jump at twice the expected pace in July
Existing home sales in the US jumped last month at nearly twice the pace that economists had forecast.
EU approves €290m aid for Lufthansa Belgian unit
The European Commission on Friday approved a €290m aid package for German carrier Lufthansa's Belgian unit Brussels Airlines, to help it withstand the impact of the coronavirus pandemic.
EU's Barnier warns Brexit trade talks 'going backwards'
European Union Brexit negotiator Michel Barnier said talks between the UK and the EU went "backwards” this week, adding that negotiators are “wasting valuable time”.
US pre-open: Futures point to losses as record-setting week comes to an end
Wall Street futures had stocks opening slightly lower ahead of the bell on Friday as a record week for indices gets set to draw to a close.
Eurozone services sector growth falters in August as travel restrictions bite
Growth rates in euro area manufacturing and services unexpectedly parted ways last month as the reimposition of travel restrictions weighed on the latter, the results of two key surveys revealed.
Facebook lobbies for data portability law ahead of FTC hearing
Facebook on Friday pushed for legislation that makes it easier for users to transfer photos and videos to a rival tech platform.
Asia report: Markets rise on Friday, but finish week negative
Markets in Asia finished mostly higher on Friday, taking their lead from equities on Wall Street overnight, as investors rifled through some mixed economic data out of the US.