International News
Europe close: Stocks inch lower as China optimism fades
Stocks across Europe finished Wednesday's session marginally lower with markets rangebound as optimism surrounding China's latest stimulus package quickly faded.
Google accuses Microsoft of anti-competitive tactics in EU cloud market
Google has accused Microsoft of using anti-competitive legacy licensing practices to lock European customers into its cloud platform.
US open: Stocks mixed following record close for Dow
Wall Street stocks were early on Wednesday following the Dow Jones and S&P 500's record close in the previous session.
Strikes warning as pay talks get underway at Volkswagen
Unions at Volkswagen warned on Wednesday of potential strikes at the carmaker's German factories, as annual pay negotiations got underway.
US pre-open: Futures mixed following Dow's record close
Wall Street futures were mixed ahead of the bell on Wednesday following the Dow Jones' record close in the previous session.
SAP shares drop on probe into US federal price fixing
Shares in SAP were down nearly 4% on Wednesday on reports that the German enterprise software giant, among others, is being investigated for potential price-fixing on government contracts.
OECD raises UK growth forecast for 2024
The Organisation for Economic Cooperation and Development (OECD) revised its forecast for the UK economy on Wednesday, projecting faster growth than Japan, Italy, and Germany this year.
Asia report: Markets finish mixed in wake of PBoC easing
Asian markets experienced a mixed day of trading on Wednesday, with Chinese stocks leading gains in the region following Beijing's latest stimulus measures.
Sweden's Riksbank trims interest rates
Sweden’s central bank trimmed interest rates on Wednesday, in line with expectations, and said it expected to cut further in the coming months.
China unveils another stimulus measure to stimulate demand
China's central bank on Wednesday slashed it medium-term lending facility from 2. 3% to 2. 0%, marking the largest reduction of interest rates for one-year loans to financial institutions in history.