International News
Private sector hiring increases by less than anticipated in August, ADP says
Hiring in the US increased at a slower-than-expected pace last month, the results of a closely-followed survey revealed.
Altice USA offers to buy Canada's Cogeco for CAD10.3bn
Broadband communications and video services provider Altice USA has offered to buy Canadian telecommunications and media group Cogeco for around CAD10. 3bn in cash.
Virgin Atlantic's £1.2bn rescue gets court approval
Virgin Atlantic's £1. 2bn rescue deal is due to complete on 4 September after a judge approved the airline's restructuring plan.
US will not participate in international initiative to develop Covid-19 vaccine
The US government said overnight that it will not participate in a global initiative to develop, manufacture and equitably distribute a vaccine for Covid-19 due to the World Health Organization’s involvement.
US pre-open: Futures have September rally extending another session
Wall Street futures had stocks opening higher for a second-straight session on Wednesday as despite some conflicting headlines around the battle against the Covid-19 pandemic.
Credit Suisse facing Swiss courts over spying scandal
Switzerland’s financial supervisor opened enforcement proceedings against Credit Suisse bank over a spying scandal in 2019.
German retail sales register surprise drop
German retail sales unexpectedly fell in July, frustrating hopes that household spending would help drive a strong recovery in Europe's biggest economy.