Economic News
Apple readies to fight $14bn tax charge against European Commission
Apple's lawyers and Dublin are trying to overturn a landmark tax ruling against them in an appeals court.
Brent futures drop on report Saudi output may be fully restored in weeks
Saudi's lost crude oil production following the cruise missile attacks at the weekend may be fully restored over the next two to three weeks, Reuters reported citing two sources briefed on developments.
US housebuilder sentiment improves in September
Sentiment among US housebuilders improved a little in September, according to data released on Tuesday, although the trade spat between the US and China has been taking its toll.
Israel's Netanyahu faces stern test in battle for fifth term
Israeli Prime Minister Benjamin Netanyahu faces a tough election battle on Tuesday as he fights to extend his ten-year stretch as leader of the Middle Eastern nation.
US industrial production beats forecasts in August thanks to 'one-offs'
US industrial output bounded past forecasts during the previous month amid widespread gains by categories, but economists said the underlying trend continued to point lower.
German investor sentiment improves in September
German investor sentiment improved in September after the European Central Bank eased monetary policy earlier this month, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Source tells CNN 'high probability' Iran launched attack against Saudi
According to a source familiar with the investigation cited by CNN, Iranian forces apparently launched low-flying cruise missiles over southern Iraq and Kuwait in an apparent attempt to conceal the site of the launch, to the north of Saudi.
Recession fears rise among fund managers - BofA Merrill Lynch survey
Fund managers increasingly believe the global economy could slide into recession within 12 months, according to a leading industry survey.
UK food imports at risk over climate change and Brexit
Around a fifth of the UK’s fresh food imports could be at risk as climate change threatens key producing regions and Brexit raises trade uncertainty.
Saudi Aramco customers warned of delays - reports
Saudi Aramco has reportedly told customers that next month’s crude deliveries will be delayed following attacks on its facilities.
BMO Commercial Property reports fall in NAV amid Brexit headwinds
BMO Commercial Property Trust on Tuesday reported a decline in net asset value per share as Brexit ensured continued uncertainty in the UK commercial property market.
Sainsbury's outperforms peers in latest Kantar data
Sainsbury's was the standout performer among the 'big four' supermarkets in the 12 weeks to 8 September, according to data from research firm Kantar.