International News
US close: Wall Street slightly higher on relatively quiet day
Wall Street finished slightly higher on Wednesday - a light day in terms of economic data.
Europe close: Stocks finish slightly lower, China and US tax proposals in focus
European stocks ended the session slighty lower in the wake of weaker-than-expected data on Chinese foreign trade and ahead of tax reform proposals from the US Senate which were expected on Thursday.
US crude oil stockpiles fall less than expected as exports collapse, DoE says
Crude oil stockpiles recovered last week as very large drops in product stockpiles were offset by a collapse in net imports.
US open: Stocks flat as traders wait for progress on tax reforms
Wall Street was trading little changed in a light day in terms of economic data.
Catalan separatists bring region to standstill in general strike
A general strike organised by independence supporters in Catalonia has left many of the region’s roads blocked, bringing much of its industry to a standstill as several local government officials remain in jail.
LendingClub shares in the red after announcing tighter lending policies
While web-based lending marketplace LendingClub posted earnings in line with market expectations on Tuesday, an announcement that lending would be restricted to all borrowers except those with top-tier credit scores sent the group's stock spiralling lower.
'Do not underestimate us' Trump tells North Korea
US President Donald Trump has warned North Korea and its leader Kim Jong-un to "not underestimate" his administration, and also called on Russia and China to sever economic ties with the regime.
US pre-open: Stocks seen muted after another record high for the Dow
US futures pointed to a muted open on Wall Street on Wednesday after the Dow notched another record closing high the day before.
Asia report: Markets mixed as investors struggle for direction
Asian markets finished mixed but little changed on Wednesday, with investors struggling for direction after a similarly mixed session on Wall Street overnight.
Snap plans major Snapchat redesign as losses widen, Tencent buys stake
Snapchat parent company Snap announced that it was working on an overhaul of the popular photo and video messaging application after it reported losses of more than $400m in its last trading quarter.
Chinese export volumes cool in October amid holidays, EM slowdown
Both inbound and outbound trade from China cooled last month, but some economists are confident that any slowdown will be modest despite a loss of momentum in other emerging markets.
Frutarom acquires iron delivery technology from AB-Biotics
Flavouring and fine ingredient producer Frutarom Industries announced on Tuesday that, via a subsidiary, it had signed an agreement with Spanish company AB-Biotics for the purchase of its iron delivery technology AB-Fortis.
US close: Markets mixed as tax reform timetable confuses
Wall Street finished on a mixed note on Tuesday, amid conflicting reports on the likely timing and exact content of any White House tax reform proposal ahead of the anticipated Senate proposal later this week or early during the next one.