Political News
Europe close: Stocks extend gains
European stocks were higher on Thursday as automotive stocks rose and European leaders pondered how long of an extension to the Brexit deadline they should grant.
WeWork set to axe 4,000 staff
WeWork plans to axe 4,000 jobs in a turnaround proposal by its major shareholder SoftBank that includes a pullback in Asia.
PM said to confirm he will push for elections on 12 December
The Prime Minister will call a general election for 12 December.
China reportedly aiming for $20.0bn per year of US farm product purchases
Beijing is aiming to return to the level of purchases of US agricultural products that preceded Washington's decision to impose tariffs, leaving the door open to a big increase once a final trade deal had been signed.
UK retail employment falls by 85,000 in Q3
Retail employment in the UK fell by -2. 8% in the third quarter with 85,000 jobs lost over the preceding 12 months.
ECB stays put as Mario Draghi bows out
The European Central Bank kept all its main policy settings unchanged, with Thursday's governing council meeting set to be the last for its current chief, Mario Draghi.
Airbus set to sell 100 jets to Spirit Airlines
Airbus has sold 100 jets to Spirit Airlines in a provisional deal valued at $12. 0bn, marking the first sale to a US carrier since the Trump administration moved to slap tariffs on the aerospace manufacturer.
EU leaders leaning towards agreeing to a flexible extension to Brexit
One of the European Parliament's main decision-making bodies lent its weight on Thursday to those who were arguing that Brussels should accept London's request for an extension to the then current 31 October deadline for Brexit.