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International News
27 Feb
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Europe close: Stocks flat as traders digest new Fed chief's views

Stocks finished near the unchanged mark on Tuesday, even as new US Fed chair Jerome Powell told lawmakers that in his view the country's economy had strengthened, which served to dampen the mood on the other side of the Atlantic.

27 Feb
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Director dealings: Coca-Cola director collects almost £2.5m in share sale

Anastasios Leventis, non-executive director of soda maker Coca-Cola, disposed of 100,000 ordinary shares in the firm on Tuesday, pocketing almost £2. 5m in the process.

27 Feb
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US open: Wall Street shares down after Fed chair delivers congressional testimony

Wall Street indexes kept jumping between minor gains and small losses on Tuesday after nerves kicked in as new Federal Reserve Chair Jerome Powell delivered his first congressional testimony.

27 Feb
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German February CPI misses forecasts

The cost of living in Germany rose less quickly than expected in February as gains in energy and food prices slowed materially.

27 Feb
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Papua New Guinea quake kills at least 14 and closes ExxonMobil LNG plant

A 7. 5-magnitude earthquake in the remote Papua New Guinea highlands left up to 14 people dead, leaving collapsed buildings and landslides in its wake, amid unconfirmed reports of as many as 30 fatalities.

27 Feb
Cannabis drugs for medical use
GW Pharmaceuticals granted orphan designation from EMA on cannabinoid product

Cambridge-based biopharmaceutical firm GW Pharmaceuticals has been granted orphan drug designation for its proprietary cannabinoid product platform for the treatment of tuberous sclerosis (TS) from the European Medicines Agency.

27 Feb
US consumer confidence hits highest level since 2000 in February

US consumer confidence increased in February, according to figures released on Tuesday.

27 Feb
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Fed's Powell commits to full employment and stable inflation mandates

In his first remarks as the new head of the US central bank, Jerome Powell appeared to strike a balance between pointing to continuity with his predecessors and a slightly less hawkish take on then current inflationary pressures and the Federal Reserve's policy bias.

27 Feb
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US durable goods fall back by more than expected in January

Durable goods orders fell more sharply than forecast last month, amid large drops for both civilian and military aircraft.

27 Feb
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US house price growth steady in December - S&P/Case-Shiller

US house price growth was steady in December, according to the S&P/Case-Shiller National Home Price Index.

27 Feb
Dip in UK industrial confidence offsets rise in services sentiment - EC

UK economic sentiment has declined in the industrial sector but confidence in the services sector rose to its highest level in more than two years, according to the European Commission.

27 Feb
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Asia report: Markets mixed, China bourses sink

Markets in Asia finished mixed on Tuesday, with mainland China finishing well into the red as the region took a breather from its recent highs.

27 Feb
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US pre-open: Stocks to edge lower ahead of Powell testimony; Comcast in focus

US futures pointed to a slightly weaker open on Wall Street on Tuesday as jitters set in ahead of the first congressional testimony by new Federal Reserve Chair Jerome Powell.

27 Feb
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UK 'could back air strikes against Assad if chemical weapons use proven'

British Foreign Secretary Boris Johnson has said on Tuesday that the UK could join the US military strikes against the Syrian government if there is proof that chemical weapons have been used against civilians in the Eastern Ghouta region.

27 Feb
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Comcast tables hostile bid for Sky, markets wait for Fox/Disney's reaction

US broadcasting giant Comcast has put in a rival $31bn (£22. 1bn) bid to buy Sky, in a direct challenge to Fox and Walt Disney, with markets seemingly expecting that Rupert Murdoch and Disney will be forced to come back to the table with their own revised offers.

26 Feb
new york stock exchange, nyse, markets, wall street. photo: herval
US close: Markets finish ahead as Quarles talks up economy

Trading in US stocks finished firmly on Monday as investors on Wall Street shook off worries about the recent inflation picture and rising interest rates, while thumbing through a slew of data releases ahead of Jerome Powell's first testimony as Federal Reserve chairman.