International News
Europe close: Benchmarks manage to hold onto gains
Stocks finished in the black on Thursday even as traders pondered out loud whether to participate or not, while keeping a wary eye on the news-flow out of Capitol Hill regarding Republicans'push for tax cuts.
Coca-Cola to hold first investor day since 2009
Coca-Cola reiterated its guidance on Thursday as it updated long-term goals ahead of its first investor day event in eight years.
Emerson Electrical raises offer for Rockwell Automation
Rockwell Automation shares took off on Thursday after Emerson Electrical raised its takeover bid by $10 per share.
Fed's Mester says impact of ageing on interest rates is unclear
The impact that older demographics will have on interest rates is unclear, a top US central bank official believes.
US open: Corporate results, factory data buoy Wall Street
Wall Street is back in the green, bouncing back from weakness earlier in the week thanks to a crop of positive corporate updates and a robust reading on factory output, even as some analysts continue to differ on the outlook.
NAHB housing market index hits eight-month high in November
Sentiment among US housebuilders unexpectedly improved in November, hitting an eight-month high, according to data released on Thursday.
Improved eCommerce business gives Walmart revenue boost
US retail giant Walmart reported strong online growth across the third quarter as the battle to get back some of its business lost to the likes of Amazon intensified.
Autos and chemicals boost US industrial production in October
US manufacturing roared back into life in October, amply offsetting a large drop in mining output.
US import prices rise by less than forecast in October
Import prices in the States rose by less than expected last month despite a large increase in the cost of fuel imports.
US jobless claims unexpectedly rise
The number of Americans filing for unemployment benefits unexpectedly rose last week, according to data from the Labor Department.
Indian Supreme Court demands Government regulate Bitcoin
The Supreme Court of India called on the nation's government on Tuesday to take steps to regulate the use of crypto-currencies such as bitcoin.
Philly Fed index slips by more than forecast in November
Activity in the US mid-Atlantic factory sector cooled slightly more than expected in November, the results of a widely-followed survey revealed, although a key sub-index tied to the pace of new orders continued to push higher.
Nationale-Nederlanden Group reports strong performance in third quarter 2017
Global insurance and asset management company Nationale-Nederlanden Group (NN Group) reported a strong performance for the third quarter of 2017.
Euro area CPI slips in October, Eurostat confirms
Consumer prices in the euro dipped in October amid broad-based declines outside of food, alcohol and tobacco.
Bitcoin getting 'more attention than it deserves' - Morgan Stanley CEO
Investors who think Bitcoin is a stable investment are “deluding themselves”, Morgan Stanley CEO James Gorman has said.
US pre-open: Traders wary ahead of data barrage, Fedpseak
Wall Street's main market gauges are expected to find a modest bid at the start of trading following the previous few days' selling pressure, the fresh economic news on tap allowing.
Asia report: Most markets rise after modest oil price gains
Most Asian markets brushed off Wall Street’s weaker Wednesday session to close higher on Thursday, with oil prices giving energy stocks a small boost.
Mugabe remains under house arrest as Zimbabwe waits on army
Zimbabwean president Robert Mugabe remains under house arrest in the capital of Harare as citizens of the country wait on the next move of the army.
US close: Markets finish lower as tax reform concerns linger
Wall Street finished lower on Wednesday, following the release of stronger-than-expected consumer price inflation and retail sales data for October and amid lingering concerns about the progress being made by the White House on tax reforms.