International News
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Fed decision to stand on the sidelines seen by some as a 'hawkish hold'
America's central bank stood pat on monetary policy as economists had anticipated and appeared to be biding its time before making any further changes to interest rates.
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Europe close: Stocks trade up ahead of Fed, ECB
European markets were mostly higher on Wednesday as investors waited on the US central bank's policy announcement after the close and ahead of the European Central Bank's rate decision the next day.
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US open: Stocks mixed as traders await FOMC decision
Major indices got off to a mixed start early on Wednesday as investors looked ahead to big tech earnings and the Federal Reserve's first interest rate decision of 2025.
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T-Mobile raises subscriber growth forecasts after bumper quarter
T-Mobile lifted its expectations for subscriber growth in 2025 on Wednesday, projecting between 5. 5 million and six million postpaid net additions, more than double Wall Street estimates, as it also beat expectations for fourth quarter revenue.
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Spirit rebuffs second approach from Frontier
Debt-laden Spirit Airlines has rebuffed a takeover approach from long-term suitor Frontier Airlines, the US carriers confirmed on Wednesday.
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US mortgage applications fall 2pc
US mortgage applications fell 2% week-on-week in the seven days ended 24 January, according to the Mortgage Bankers Association of America.
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US pre-open: Futures mixed ahead of FOMC decision, tech earnings
Wall Street futures pointed to a mixed open ahead of the bell on Wednesday as investors look ahead to big tech earnings and the Federal Reserve's latest interest rate decision.
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Volvo FY earnings grow despite modest dip in Q4 sales
Swedish automotive giant Volvo said on Wednesday that earnings had slightly improved in FY24 despite a modest downturn in Q4.
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Asia report: Japan, Aussie stocks rise on quiet day for region
Stocks in Japan and Australia advanced on a quiet Wednesday for the Asia-Pacific region, recovering from losses in the previous session, as Wall Street staged a sharp rebound overnight.
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LVMH numbers fail to impress, shares fall
Shares in LVMH came under pressure on Wednesday, after end-of-year results from the luxury goods bellwether failed to sparkle, despite beating expectations.
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Riksbank cuts rates again, but easing cycle likely over for now
Sweden's central bank has lowered interest rates for the fifth straight meeting, but indicated that further monetary easing was unlikely in the coming months as it waits for recent cuts to take effect.
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ASML posts sharp increase in Q4 net bookings
Dutch semiconductor firm ASML posted a sharp increase in Q4 net bookings on Wednesday, with both sales and profits coming in ahead of expectations.
German consumer sentiment weakens in January - GfK
German consumer sentiment weakened in January, according to a widely-read survey published on Wednesday.