International News
Europe close: Stocks dip amid Spanish impasse, overbought conditions
A stronger euro despite the continuing political stand-off in Spain weighed on stocks across the continent.
Ryanair, Google and eDreams seal agreement to end legal proceedings
Low budget airline Ryanair together with Google and eDreams reached a settlement to end legal proceedings in the Irish High Court, concerning eDreams’ online adverts on Google’s AdWords platform, the companies confirmed on Thursday.
Apple shares fall after Watch connection issues in China
Shares of US tech giant Apple were suffering their biggest decline in the last month after Wall Street opened on Thursday amidst reports that the Apple Watch was suffering from service issues in China.
US open: Wall Street dips on anniversary of 1987 Black Monday crash
Wall Street's main averages came under selling pressure as traders booked some profits on the 30th anniversary of the 1987 Black Monday US stock market crash that saw the S&P 500 plummet 20% in a single session.
Philly Fed manufacturing index hits five-month high in October
Manufacturing conditions in the Philadelphia region unexpectedly improved in October, according to a survey released on Thursday.
US initial jobless claims drop to lowest since 1973
The number of Americans filing for unemployment benefits dropped more than expected last week, according to data from the Labor Department.
US pre-open: Stocks seen weaker as traders book profits
US futures pointed to a weaker open on Wall Street on Thursday, with investors set to book some profits following a record session the previous day which saw the Dow close above 23,000 for the first time.
New Zealand's lurch left sends Kiwi dollar crashing
The New Zealand dollar crashed on Thursday, after it emerged that a socialist-populist coalition would be making up the country’s next government.
Nestle nudges restructuring dial higher as growth looks flat
Swiss food giant Nestle announced on Thursday that it was looking to expedite its restructuring programme aimed at improving margins as it expected organic growth to remain flat throughout its fourth quarter trading.
Asia report: Markets mixes on data, Kiwi dollar crashes
Markets in Asia finished mixed on Thursday, as investors were kept busy with a raft of economic data from China.
Spain expected to suspend Catalan autonomy as Puigdemont refuses to back down
Spanish prime minister Mariano Rajoy is expected to press ahead with Article 155 to suspend autonomy for Catalonia after regional president Carles Puigdemont refused to revoke his suspended declaration of independence.
China GDP grows at steady clip in Q3, but economists anticipate slowdown
China's economy continued expanding at a steady clip last quarter, although some economists believed tighter economic policy was set to weigh on the pace of expansion.
US close: Dow clears 23,000 mark as IBM surges
Gains for Big Blue on the back of its latest quarterly numbers pushed the Dow clear of the 23,000 point mark on Wednesday, with investors very much focused on the steady stream of corporate results coming out.