International News
UK needs to keep close ties with the EU post-Brexit - OECD
The Organisation for Economic Co-operation and Development (OECD), on Tuesday, said it was in the UK's best interest to preserve close ties with the EU, having weakened in the aftermath of Brexit, to boost productivity as well as maintaining future living standards.
Europe close: Stocks slip ahead of US Fed Beige Book
Stocks on the Continent finished slightly lower as investors bid their time ahead of the release of the US central bank's Beige Book on Wednesday, against the backdrop of fresh intra-day records on Wall Street's main benchmarks with the Dow Industrials having climbed above the 23,000 point mark for the first time ever.
Buy Spain as political risk is 'overstated' - Credit Suisse
Spanish equities look unusually cheap, said Credit Suisse on Tuesday, as political risk is "overstated" and the country is on track for at least 3% growth, with employment, housing and construction all on a growth tear.
US open: Dow Industrials clambers atop 23,000 mark for first time
The Dow Industrials climbed past the 23,000 points mark for the first time ever, as the third-quarter earnings season got into full swing, and then slipped lower.
Donald Trump plummets on Forbes rich list
US President Donald Trump fell almost 100 places in the annual release of the Forbes rich list, while Microsoft founder Bill Gates remained atop the rankings.
Johnson and Johnson raises full year targets after strong third quarter
Healthcare giant Johnson and Johnson posted higher than expected profits for the three months to 30 September thanks to increased demand for its new cancer drugs and the additional revenue afforded to the group from its June acquisition of Swiss biotech company Actelion.
US-backed forces in Syria take over city of Raqqa
The Syrian city of Raqqa has been taken over by US-backed forces in the country, having previously been under the control of the so-called Islamic State.
NAHB housing market index hits five-month high in October
Sentiment among US housebuilders unexpectedly improved in October, according to data released on Tuesday.
Fuel costs goose US import prices higher in September
Dearer fuel imports boosted the cost of overseas goods last month, albeit alongside similar-sized gains in export prices.
US industrial production misses forecasts in September
Industrial production in the US rose as expected last month but amid downwards revisions to readings for previous months, especially in manufacturing.
Morgan Stanley Q3 earnings beat estimates thanks to wealth management arm
Morgan Stanley posted a rise in third-quarter net income on Tuesday thanks to a solid performance from its wealth management business.
Asia report: Markets little changed as oil prices hold steady
Markets in Asia were little changed on Tuesday, with Japan closing higher for the 11th session in a row while oil prices maintained their strength.
US pre-open: Stocks seen muted as earnings roll in; MS and Goldman in focus
US futures pointed to a muted open on Wall Street on Tuesday as third-quarter earnings season gets into full swing, with releases from the likes of banking behemoths Goldman Sachs and Morgan Stanley.
Airbus agrees to purchase majority stake in Bombardier's C-Series programme
French aeronautical firm Airbus agreed to pick up a majority stake in Bombardier's C-Series jet project, just weeks after the US government announced it would impose a 300% import tariff on the plane after receiving a complaint from Chicago-based competitor Boeing.
Netflix 'on track' for $11bn revenues after quarterly beat
Video-streaming group Netflix said it was "on track" to top $11bn worth of sales in its current financial year as the firm boosted its revenue 30% over the three months leading to 30 September.