International News
Europe close: Stocks rise after slightly softer-than-expected US CPI
European shares posted solid gains on Wednesday following the release of slightly weaker-than-expected US consumer price data for the month of July.
US open: Stocks mixed following July CPI reading
Wall Street stocks were mixed at the open on Wednesday as market participants digested key inflation data.
US CPI gains slow to 2.9% in July, core prices at 3.2%
The cost of living in the US rose in July at its slowest pace in over three years.
US pre-open: Futures little changed ahead of CPI reading
Wall Street futures were little changed ahead of the bell on Wednesday as market participants awaited key inflation data.
Victoria's Secret shares jump on new CEO, strong second quarter
Shares in lingerie and fashion giant Victoria’s Secret were rising early on Wednesday, after it announced the appointment of a new CEO, and reported preliminary quarterly results ahead of its previous forecasts.
Mars to buy Pringles maker Kellanova in $35.9bn deal
Mars confirmed on Wednesday that it has agreed to buy Pringles and Cheez-It maker Kellanova in a $35. 9bn deal.
US mortgage applications surge 16.8pc
Mortgage applications surged 16. 8% in the week ended 9 August, according to the Mortgage Bankers Association, the sharpest week-on-week increase since January 2023.
Asia report: Most markets rise after surprise RBNZ rate cut
Asia-Pacific markets mostly gained on Wednesday, following key economic developments including a surprise rate cut from the Reserve Bank of New Zealand.