International News
Europe close: Weak US consumer confidence knocks stocks off their perch
Stocks surrendered early gains on Wednesday, finishing on a mixed note following the release of weaker than expected data for US consumer confidence.
US new home sales beat expectations in July
Sales of new US single-family homes rose more than expected in July, according to figures released on Tuesday by the Commerce Department.
US consumer confidence deteriorates in August
US consumer confidence deteriorated in August as a rise in new coronavirus cases dented sentiment, according to a survey released on Tuesday.
US pre-open: China trade call boosts sentiment
Wall Street futures had stocks opening higher ahead of the bell on Tuesday on signs of potential progress in trade talks between the US and China.
Fauci warns against premature EUA for Covid-19 vaccines
America's top health official warned of the risks of applying political pressure on the Food and Drug Administration to extend emergency use authorisation for its Covid-19 vaccine candidate before the November presidential elections in the US.
Oxford Covid-19 vaccine could be put before regulators this year
An experimental Covid-10 vaccine being developed by the University of Oxford and AstraZeneca could be put before regulators in 2020, the director of the Oxford Vaccine Group said on Tuesday.
Glencore joins Fair Cobalt Alliance
The world's largest cobalt producer made an unexpected U-turn on Tuesday, giving its backing to artisanal miners in the Democratic Republic of Congo in a bid to assuage carmakers concerns around the ethics of its practices.
US and China hold phone call to discuss phase one trade deal
Officials from Beijing and Washington reiterated on Monday night their commitment to the phase one trade deal between their two countries.
German business sentiment improves in August
German business sentiment improved in August, according to a widely-followed survey released on Tuesday.
LVMH's purchase of Tiffany to take three more months - report
LVMH will take another three months to complete its acquisition of Tiffany after the deal failed to close on the 24 August deadline, according to a report.
Asia report: Shares lifted on hopes for Covid cure, US-China trade talks
Asian stock markets were mostly higher on Tuesday on hopes of new treatments for Covid-19 and signs of potential progress in trade talks between the US and China.
German Q2 GDP revised marginally higher
The crash in German economic activity during the second quarter was a tad less worse than feared.