INTERNATIONAL NEWS
22 Sep
Europe close: Stocks finish higher on strong PMI readings
0cb796

Stocks on the Continent finished mostly higher on the back of strong survey readings on the euro area's manufacturing and services sector and ahead of the German general elections at the weekend, although fresh barbs from Pyongyang were a drag on sentiment.

Read full story
22 Sep
Thousands of steel workers protest ThyssenKrupp merger in Germany
ep thyssenkrupp

Thousands of steel workers gathered in Western Germany on Friday to protest the proposed merger of ThyssenKrupp and Tata Steel's European operations which was expected to result in approximately 4,000 job losses.

Read full story
22 Sep
JP Morgan Chase to establish global headquarters in Warsaw
jp morgan

Polish Deputy Prime Minister Mateusz Morawiecki announced on Friday that US bank JP Morgan Chase had picked Warsaw to play host to its new global operations centre, bringing thousands of jobs to the region from the beginning of 2018.

Read full story
22 Sep
Ryanair forced to pay for seats on rival airlines after cancellation scandal
ep avionesryanair 20170217102902

Irish airline Ryanair has been forced to pay for replacement seats on rival airlines following the cancellation of hundreds of flights this week.

Read full story
22 Sep
Facebook to hand over Russian-sponsored ads to Congress
cbfacebook34

US social media giant Facebook said it would hand over information relating to Russia-sponsored ads on its site to Congress.

Read full story
22 Sep
International Aids Society announces 'exciting breakthough' in HIV treatment and prevention
aids

In what it called an "exciting breakthrough" in HIV treatment, the International Aids Society announced that scientists had engineered a new antibody that attacks 99% of known strains of the virus.

Read full story
22 Sep
US economy shows resilience in face of hurricanes - Markit
ep harvey

Business activity in the US picked up in September despite hurricanes Harvey and Irma, as growth in the manufacturing sector helped to offset an easing in services, according to preliminary data released on Friday.

Read full story
22 Sep
US open: Wall Street recovers after initial dip
BP, oil & gas

Wall Street has started the session slightly lower but was quickly recovering, following a threat from North Korea's top diplomatic official.

Read full story
22 Sep
US trade chief criticises Mexico and Canada over imports
Wilbur Ross, inversor, experto, guru

America's top trade official pointed to the declining share of US-made parts and components in imports from Canada and Mexico to justify the need to take a "fresh look" at the North American Free Trade Agreement.

Read full story
22 Sep
Philips 66 announces asset sale to master limited partnership
meeting, takeover, talks, bid, merger, acquisition, directors

Energy manufacturing and logistics firm Phillips 66 announced on Friday that it would be selling assets back to its master limited partnership (MLP), Phillips 66 Partners, as part of a deal worth $2. 4bn, including debt, making it the latter's biggest acquisition to date.

Read full story
22 Sep
Merkel heavy favourite to retain position as Chancellor
angela-merkel-rejette-les-declarations-turques-sur-l-armenie

German Chancellor Angela Merkel was the heavy favourite to retain her position against Martin Schulz before the Bundestag election on 24 September.

Read full story
22 Sep
Sprint and T-Mobile said to agree tentative terms of merger
meeting, takeover, talks, bid, merger, acquisition, board

Shares in Sprint Corp rallied in pre-market trade following reports it is close to agreeing tentative terms of a deal to merge with T-Mobile.

Read full story
22 Sep
Lufthansa, easyJet in talks to buy Air Berlin aviation business
ep air berlin

Lufthansa and easyJet have been selected as possible buyers for the aviation business of Air Berlin, which filed for insolvency last month.

Read full story
22 Sep
Hewlett Packard Enterprises to start laying off 5,000 staff by year end
hp hewlett packard sede palo alto california

Californian tech giant Hewlett Packard Enterprises is reportedly planning to axe roughly 10% of its staff as it looks to decrease outgoings amid increased competition.

Read full story
22 Sep
French GDP growth confirmed at 0.5% in second quarter
Paris, eiffel tower, France, French

France's economy continued to expand at a steady clip over the three months to June on the back of strong growth in fixed asset investment and exports.

Read full story
22 Sep
Asia report: Most markets lower as Pyongyang blusters
north korea kim jong un

Most markets in Asia finished lower on Friday, as Pyongyang blustered that it was considering testing a nuclear weapon in the Pacific Ocean.

Read full story
22 Sep
Iran president Rouhani vows to strengthen missiles after Trump speech
cbrouhani

Donald Trump’s criticism of Iran in his speech at the UN this week has only served to strengthen the country’s determination to increase its missile capability, president Hassan Rouhani has said.

Read full story
22 Sep
Billionaire's death creates uncertainty around L'Oreal and Nestle deal
loreal

Shares in cosmetics group L'Oreal were up around 4% in early trading on Friday after the passing of 94-year old billionaire Liliane Bettencourt, whose death could significantly alter the current deal between L'Oreal and Nestle.

Read full story
22 Sep
Spain delays 2018 Budget due to opposition from Spanish Basque nationalist party PNV
ada colau barcelona cataluna

The political uncertainty in Catalonia has reportedly forced the country's government to postpone its push in parliament to approve the 2018 budget as Spain's Basque nationalist party (PNV) has, for the time being at least, apparently threatened to withdraw its support.

Read full story
22 Sep
US pre-open: Stocks seen slightly lower on North Korea concerns
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis

US futures pointed to a downbeat open on Wall Street on Friday after North Korea threatened to test a hydrogen bomb over the Pacific.

Read full story