International News
US close: Dow falls for fourth day, but Nvidia lifts Nasdaq
US stocks finished mixed again on Tuesday with the Dow falling for the fourth straight day but the Nasdaq rising more than 1%, helped by gains from chip giant Nvidia.
Europe close: Stoxx drops to three-month low as geopolitical tensions rise
European stocks finished at a fresh three-month low on Tuesday as market sentiment was shaken by concerns of a significant escalation in conflict in the Russia-Ukraine war.
US open: Stocks trade lower, Walmart hikes FY guidance
Wall Street stocks were in the red early on Tuesday as market participants digested Q3 earnings from one of the nation's largest retailers.
UK competition regulator drops probe into Google's Anthropic investment
UK regulators have announced that Google owner Alphabet's investment in AI safety and research company Anthropic doesn't require a full, in-depth probe.
US housing starts fall by 3.1pc in October
US housing starts fell by 3. 1% in October, according to the Census Bureau, missing expectations for a reading of 1. 33m.
Amcor snaps up packaging rival Berry Global for $8.4bn
Australian packaging group Amcor announced on Tuesday that it is to buying smaller American rival Berry Global in a deal worth $8. 4bn.
US pre-open: Futures trade lower as investors look to Q3 retail earnings
Wall Street futures were in the red ahead of the bell on Tuesday as market participants digested Q3 earnings from some of the nation's largest retailers.
Eurozone inflation jumps back to 2%
Inflation in the eurozone rebounded sharply as expected in October, rising from a three-year low and back in line with the European Central Bank's target.
Nestle takes wraps off CHF 2.5bn cost-cutting plan
Nestlé unveiled an ambitious cost-cutting initiative and reduced its profit outlook on Tuesday, as new chief executive Laurent Freixe charted a turnaround strategy for the world’s largest food company.
Thyssenkrupp writes down EUR 1bn from steel business
Thyssenkrupp announced a €1bn writedown on its steel division on Tuesday, as the company navigated a costly transition to low-carbon production.