International News
Deutsche Bank to pay $7.2bn to settle US mortgages case
Deutsche Bank and the US Department of Justice have agreed the German lender will pay a $7. 2bn settlement, one of the largest ever banking fines, for misleading investors in its sale of residential mortgage-backed securities in the run up to the financial crisis.
US close: Trump's currency jabber jars stocks and dollar
Despite a solid start to earnings season, US stocks and the dollar were both sent reeling by remarks from President-elect Donald Trump that the greenback was "too strong".
Apple increases app prices in UK following fall in the pound
US tech giant Apple has increased the price of its apps in the UK app store by 25% as the value of the pound continues to fall, despite a sharp rise after Theresa May's Brexit speech on Tuesday.
Europe close: Markets finish red on May's Brexit deliverance
European stocks made a mild retreat on Tuesday, after UK Prime Minister Theresa May outlined the government’s plans for Brexit in an eagerly-awaited speech.
Snapchat captures $90m from advertisers in 2016
Picture messaging app Snapchat raked in a cool $90m in revenue from advertisers last year, according to the chief executive officer of the world's largest ad company, WPP.
US open: Stocks on the back foot as Trump rally loses steam
US stock markets edged lower on Tuesday as traders returned to their desks after the long weekend, with earnings season back in focus as the Trump rally ran out of steam and the dollar slipped against the pound.
Walmart to create 10,000 US jobs as Trump shadow looms
Another major US multinational business has pledged to create jobs in the country, with retail giant Walmart saying it plans to add 10,000 positions over the coming year.
UnitedHealth Q4 numbers beat on top and bottom lines
US health insurer UnitedHealth Group reported its quarterly earnings on Tuesday pre-market, comfortably beating analyst estimates as annual revenue grew by 18%.
Morgan Stanley breezes past estimates as bond trading fuels growth
US investment bank Morgan Stanley reported its quarterly earnings on Tuesday, comfortably beating analyst estimates for revenue and earnings per share.
Mark Zuckerberg to appear in court as Facebook face VR theft claims
Facebook is being taken to court by video game tech firm Zenimax Media after allegedly stealing the company's Virtual Reality gaming technology, with CEO Mark Zuckerberg due to appear in front of a hearing in Dallas on Tuesday.
Trump criticises House Republicans corporate tax plans
Republican plans to reform corporate tax in the United States have been labelled "too complicated" by President-elect Donald Trump, risking further hostility between him and his party.
Asia report: Markets mixed as traders look to Theresa
Asian markets were mixed on Tuesday, with investors keeping their wallets closed ahead of an expected speech from UK Prime Minister Theresa May on the direction the country will be taking to navigate Brexit.
US pre-open: Stocks seen lower ahead of Morgan Stanley earnings, May speech
US futures pointed to a weaker open on Wall Street as investors eyed earnings from banking giant Morgan Stanley and a speech by UK Prime Minister Theresa May.
Microsoft's Nadella will not change business model for Trump
Satya Nadella, chief executive officer of US tech giant Microsoft, has said that his company will not scramble to please president-elect Donald Trump.
German ZEW economic sentiment improves less than expected in January
German economic sentiment improved less than expected in January, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.