INTERNATIONAL NEWS
04 Oct
Europe close: Spanish stocks clobbered

Stocks on the other side of the Channel traded lower for the most part, with the heaviest selling to be seen among Spanish issues ahead of a speech by Catalan president Carles Puigdemont scheduled for later in the day.

Read full story
04 Oct
Ford in strategic switch away from traditional vehicles
ep ford transit custom vehiculo comercial furgoneta

US carmaker Ford Motor will move away from producing traditional cars in favour of trucks and SUVs, its new CEO has said.

Read full story
04 Oct
Facebook paid £5.1m in UK corporation tax last year
cbfacebook34

Social media giant Facebook’s UK tax bill rose to £5. 1m in 2016 after it diverted much of its advertising income through the country from Ireland.

Read full story
04 Oct
US open: Stocks trade flat ahead of Yellen speech
yellen, fed, janet yellen

Stocks on Wall Street are taking a breather following a record run and ahead of a speech from the head of the US Federal Reserve scheduled for later in the session.

Read full story
04 Oct
Mylan surges in pre-market trading after MS drug gets FDA approval
GSK, drugs, lab

US-based generic and speciality pharmaceuticals company Mylan announced on Tuesday that the US Food and Drug Administration (FDA) had approved two doses of its generic equivalent to Teva's drug Copaxone, which generated $1. 02bn worth of sales in the second quarter of 2017, used to treat relapsing forms of multiple sclerosis.

Read full story
04 Oct
US services growth remains robust, though future expectations ease
cajita feliz mcdonalds chile

US services sector activity strengthened further in September, a closely followed survey indicated on Wednesday, with a slight easing in the rate of growth that was expected due to disruption caused by hurricanes Harvey and Irma.

Read full story
04 Oct
US private sector adds fewer jobs in September but beats views
City workers

Private sector employment in the US rose more than expected in September, according to data released by ADP on Wednesday.

Read full story
04 Oct
Apple's EUR13bn unpaid Irish tax case referred to European Court of Justice
apple tienda quinta avenida

The European Commission has referred Ireland to court for failing make Apple pay back taxes worth up to €13bn, in an illegal state aid case disputed by both the company and state.

Read full story
04 Oct
Amazon must pay back EUR250m of illegal state aid - European Commission
amazon drone portada

European competition authorities have demanded Amazon pay around €250m of unpaid tax to Luxembourg after finding the US retail giant's tax structure amounted to illegal state aid.

Read full story
04 Oct
US pre-open: Stocks to nudge lower ahead of Draghi, Yellen speeches
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis

US stocks looked set for a slightly softer open on Wednesday as investors take a breather following a record run and look to some key services and jobs data.

Read full story
04 Oct
Asia report: Markets finish mixed as India stands pat on rates
cbindia283

Markets in Asia finished mixed on Wednesday, with a number of markets still closed for public holidays, after Wall Street put in a solid showing in its Tuesday session overnight.

Read full story
04 Oct
King of Spain lashes out at 'disloyal' Catalans after referendum controversy
mercados bolsa cataluna portada

King Felipe of Spain has launched a scathing criticism of Catalan authorities in the aftermath of the controversial independence referendum in the region on Sunday.

Read full story
04 Oct
Uber eyes IPO after accepting massive Softbank investment
ep uber 20170901150302

Uber's board of directors approved a massive investment Japanese telecommunications group Softbank on Tuesday evening along with a number of changes to the board itself and a commitment to launch an initial public offer by 2019.

Read full story