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International News
20 Mar
US open: Stocks slip ahead of Fed policy announcement

Wall Street's main stockmarket gauges were moving lower on Wednesday as investors opt to stay on the sidelines ahead of the latest policy announcement from the Federal Reserve.

20 Mar
Weekly US oil and gasoline inventories fall rapidly, DoE says

US crude oil inventories shrank sharply during the preceding week as exports and refinery activity picked up.

20 Mar
Dutch coalition government may lose Senate majority to eurosceptics

Holland's coalition government is at risk of losing its Senate majority in provincial elections due to be held on Wednesday evening as the Eurosceptic Forum for Democracy climbs in the polls.

20 Mar
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Investment banking enduring worst quarter 'in recent history' - UBS

The chief executive of UBS has called the last three months one of the worst quarters in investment banking’s recent history.

20 Mar
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Asia report: Markets mostly lower on fresh US-China concerns

Markets in Asia were mostly in negative territory as they closed on Wednesday, as investors struggled to make sense of the latest news from the ongoing trade tensions between the US and China.

20 Mar
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FedEx drops as quarterly growth overseas and at key division underwhelm

International courier services and air freight giant FedEx reported a sharp drop in both sales and profits for its third quarter, blaming its weaker-than-expected performance on its international arm.

20 Mar
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US pre-open: Stocks seen steady ahead of Fed announcement

US stock futures pointed to a broadly flat open on Wall Street on Wednesday as investors kept their powder dry ahead of the latest policy announcement from the Federal Reserve.

20 Mar
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Pfizer buys 15% stake in French gene therapy company Vivet

US pharmaceutical group Pfizer has bought a 15% stake in Vivet Therapeutics and now has an exclusive option to buy out the rest of the privately-held French gene therapy company.

20 Mar
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Google hit with €1.49bn fine for EU antitrust breaches

Google has been slapped with a €1. 49bn fine by the European Commission for breaking EU antitrust rules by abusing its market dominance in online advertising.

20 Mar
Bayer shares pummeled after ruling against firm's herbicide

Shares of Bayer were unwanted on Wednesday after a California jury issued a preliminary ruling against the German chemicals maker.

20 Mar
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Toyota and Suzuki look to boost hybrid presence via global tie-up

Japan’s Toyota Motor Corporate and Suzuki Motor Corporation have unveiled plans for a wide-ranging collaboration, including jointly producing electric vehicles.

20 Mar
BMW shares slide on profit warning

Shares in BMW slid on Wednesday as the German car maker warned that 2019 pre-tax profit would be "well below" the previous year's level amid rising manufacturing costs and announced a new cost-savings plan.

20 Mar
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Aeris Resources offers $575m for Glencore's CSA copper mine

Australian copper producer Aeris Resources has offered to buy Glencore's CSA copper mine in New South Wales for $575m.

19 Mar
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US close: Mixed performance on the Street following confliction US-Sino trade news

Wall Street trading wrapped up on a mixed note on Tuesday as investors eyed the start of the Federal Reserve's two-day policy meeting and digested conflicting trade reports.

19 Mar
Europe close: Stocks jump amid mixed readings on investor sentiment

Stocks on the Continent finished higher on the back of an unexpectedly strong reading on analyst sentiment towards Germany, helped by some positive headlines around Brexit and US-China trade talks.

19 Mar
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US open: Dow on track for fifth straight day of gains

US stocks opened higher on Tuesday as investors eyed the start of the Federal Reserve's two-day policy meeting.

19 Mar
FCA fines UBS £27.6m for dire reporting of deals

The City watchdog has fined UBS more than £27m for failing to keep proper records on nearly 136m transactions over a decade.

19 Mar
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Asia report: Markets mixed as investors look to Fed

Markets in Asia finished in a mixed state on Tuesday, as investors closed their wallets ahead of this month’s Federal Reserve meeting in the United States.

19 Mar
Investors sue Danske Bank for $475m over money laundering

Institutional investors are suing Danske Bank for $475m of damages in connection with the money laundering scandal that hit the Danish bank last year.

19 Mar
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Jones Lang LaSalle to buy HFF in $2bn deal

Jones Lang LaSalle has agreed to buy capital markets services provider HFF in a cash and stock deal worth about $2bn.