International News
US close: Stocks end choppy session higher after Trump news conference
US stocks ended a choppy session higher on Wednesday, with the Dow closing less than 50 points shy of the 20,000 mark following Donald Trump’s first major speech since he was elected President on 8 November.
Trump slams Russia reports as a 'disgrace', admits belief it was behind hacking
US president-elect Donald Trump has labelled the release of documents linking him with collusion with Russia and its president Vladimir Putin a 'disgrace', and admitted for the first time that he believes they were behind the hacking of the Democratic National Congress.
World Bank downgrades India growth forecast
The World Bank has reduced the Indian economy's growth prospects for the fiscal year to March 2017 by 0. 6% from previous forecasts - although at 7% the country is still expected to see the quickest expansion in the world.
A380 will take off once again, says Airbus
Airbus has reaffirmed their commitment to the A380 “superjumbo” despite slow sales as it announced record annual deliveries of its family of aircraft, according to a report by the Telegraph.
US crude oil inventories surge in latest week, DoE says
US crude oil and product inventories jumped sharply at the start of the year, amid a surge of imports.
US open: Stocks rise ahead of Trump news conference
US stocks nudged higher on Wednesday as traders awaited Donald Trump’s first major speech since he was elected President on 8 November.
Mexican industrial production beat forecasts in November
Economists cheered stronger-than-expected Mexican industrial output data for the month of November.
Samsung boss named as suspect in South Korea corruption scandal
South Korea's unprecedented investigation into government corruption has led to Samsung boss Lee Jae-yong being named as a suspect, just weeks after the impeachment of the country's President Park Geun-hye.
Ministers privately conceding Brexit Supreme Court defeat
Ministers in Theresa May's government have privately admitted that they are expecting to be defeated in a Supreme Court ruling which will decide whether Parliament must be consulted on Brexit.
US pre-open: Stocks seen muted ahead of Trump press conference
US futures pointed to a muted open on Wall Street as investors awaited President-elect Donald Trump’s first press conference since July.
Asia report: Most markets higher ahead of Trump press conference
Markets in Asia finished mostly higher on Wednesday, with investors turning stateside ahead of Donald Trump’ first proper press conference since he was elected US President in early November.
Trump faces allegations of compromising material linking him with Russia
US president-elect Donald Trump faces the press for the first time on Wednesday since his election victory, as reports of his personal links with Russia surfaced on Tuesday.
Barack Obama gives tearful farewell speech in Chicago
Outgoing US president Barack Obama has given an emotionally charged final speech in Chicago, in which he only mentioned president-elect Donald Trump by name once.