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International News
16 Feb
enquest, oil, drilling, crude
Nigerian Oil producers defy OPEC and are eager to pump more

Independent Nigerian drillers want to supply more crude, in defiance of OPEC and Russia's pact to restrict output and boost prices.

16 Feb
cbindia283
India's PNB hit by $1.8bn worth of fraudulent operations

India’s Punjab National Bank (PNB) has uncovered a $1. 8bn fraud that benefited a small group of customers and could affect other banks.

15 Feb
1euro
Europe close: Stocks finish off one-week highs

European stocks ended the session higher despite another stronger than expected reading on US inflation, in the former of the latest producer price data.

15 Feb
nyse port herval
US open: Wall Street wobbles as more inflation data digested

US stocks opened higher on Thursday but were unsteady on their feed, meaning a fifth day of gains was not assured as investors eyed higher-than-expected inflation print from a day earlier and mixed jobs and producer prices data.

15 Feb
US house USA United States of America housing
US homebuilder sentiment remains strong in February - NAHB

Sentiment among US homebuilders remained strong in February, according to data released on Thursday.

15 Feb
cbsudafrica
South African assets lifted as Ramaphosa replaces Zuma

Cyril Ramaphosa was voted in as President of South Africa, senior members of the African National Congress party confirmed on Thursday, lifting the rand and companies exposed to the currency.

15 Feb
renault
US final demand PPI "solid" in January, economists say

Factory gate prices in the US rose more quickly than expected last month, driven by steep gains in energy costs, but economists said the underlying details were "solid" too.

15 Feb
City workers
Jobless claims rise as expected

The number of Americans filing for unemployment benefits rose as expected last week, according to data released by the Labor Department.

15 Feb
cbberlusconi
Italy's election offers many risks but 'little chance of Italexit'

Italy's election early next month is unlikely to result in an 'Italexit' from the European Union, said Berenberg on Thursday, but is likely to see former leader Silvio Berlusconi emerge as a kingmaker and could still result in the country holding referendum on its membership of the euro and reverse recent labour reforms.

15 Feb
factory, factories, manufacturing, manufacturer
Philly Fed index jumps to 25.8 in February

Manufacturing conditions in the Philadelphia region unexpectedly improved in February, with firms optimistic about the prospects for the next six months, according to a survey out on Thursday.

15 Feb
new york stock exchange, nyse, markets, wall street. photo: herval
US pre-open: Stocks set for fifth day of gains as investors shake off inflation worries

US futures pointed to a fifth day of gains on Wall Street on Thursday as investors shrugged off the higher-than-expected inflation print for January, with Cisco likely to lend support after well-received earnings.

15 Feb
lidl
Lidl keeps up pace with store openings to overtake upmarket rivals

Lidl is set to open 19 new stores in the first two months of 2018, creating 700 new jobs across the country, as the German-owned discounter looks to overtake Waitrose as the UK's seventh largest grocer.

15 Feb
cbpeterthiel1
Asia report: Markets mostly higher, China off for Lunar New Year

Markets in Asia finished mostly higher on Thursday, taking their lead from the positive overnight session on Wall Street as the dollar slid further.

15 Feb
Chipotle Mexican Grill
US close: Markets finish Wednesday well into the green

Markets recorded another positive session on Wall Street on Wednesday, although there was some volatility after the release of the latest inflation figures.