Economic News
Disney+ passes 10.0m streaming users mark for one day
Disney said late on Wednesday that over 10. 0m subscribers had signed up to its new online streaming platform in just the first day, sending shares in the entertainment giant higher.
US jobless claims rise more than expected
The number of Americans filing for unemployment benefits rose more than expected last week, according to figures released by the Labor Department on Thursday.
Saudi Arabia is 'running out of money' and needs funding from IPO
Saudi Arabia is slowly running out of money and needs the funds from the upcoming stock market listing of a small portion of state oil giant Saudi Aramco in December to finance its reform push, a former head of America's Central Intelligence Agency said.
US final demand prices fall back by less than expected in October
Wholesale inflation fell back by less than expected in October as energy and food prices bounced back.
China insists on US trade tariff roll-back
China reiterated its call for the US to roll back its trade tariffs as part of a phase-one trade deal between the two powers and pushed back on requests to provide detailed targets for increasing its purchases of US farm goods.
UK house prices dip amid political uncertainty - RICS
UK house prices dipped in October as buyers and sellers opted to sit tight amid political uncertainty, according to the latest survey from the Royal Institution of Chartered Surveyors.
Brexit stockpiling boosts Channel Tunnel traffic in October
The prospect of a hard Brexit on 31 October led to an uptick in freight traffic through the Channel Tunnel during the month, it was revealed on Thursday.
UK retail sales unexpectedly fall in October
UK retail sales unexpectedly fell in October, according to figures released by the Office for National Statistics on Thursday.
Second Trump call on Ukraine reveals president's insistence on Biden probe
A top US diplomat told Congress on Wednesday, in the impeachment hearings on Donald Trump, that a member of his staff had overheard the president on the phone with Ukraine pressing for a probe into the Biden family.
Germany narrowly avoids recession but growth still weak
Germany has narrowly avoided a technical recession, according to figure released by Destatis on Thursday, but growth remains weak.