International News
US close: Markets remain red as trade concerns remain
Wall Street finished Thursday as red as it opened, as simmering tensions between the US and China remained firmly on investors' minds.
Tesla sues former employee for sharing trade secrets
Car maker Tesla sued a former employee for hacking and sharing company trade secrets and confidential information.
Europe close: Chinese tariffs knock Daimler lower, Italy weighs on periphery
European stocks finished at their session lows as global trade concerns began to bite and as some of the new Italian government's moves triggered selling across the euro area periphery.
Goldman Sachs considering cryptocurrency expansion
US investment bank giant Goldman Sachs is exploring the possibility of expanding the cryptocurrency trades that it currently handles, according to chief operating officer David Solomon.
US Supreme Court paves way for states to hit online merchants with sales taxes
The US Supreme Court opened the door for states to collect sales taxes on products purchased by residents from Internet retailers in other states on Thursday.
Daimler issues profit warning, blaming US-China trade tensions
German automotive giant Daimler told investors to expect lower earnings this year due to escalating tensions between the US and China.
US house prices marginally higher in April, FHFA says
House prices in the US edged higher in April led by gains in the North East and in the West.
Web.com agrees to be bought by Siris Capital in $2bn deal
Web. com Group, a provider of internet services and online marketing solutions, has agreed to be bought by an affiliate of Siris Capital Group in an all-cash deal valued at around $2bn.
US open: Sombre start to trading as trade tensions resurface
Wall Street trading kicked off with across-the-board losses on Thursday as simmering tensions between the US and China remained firmly on investors' minds.
US Supreme Court rules states can require payment of sales taxes online
Shares of internet giant Amazon. com are lower after the Supreme Court of the United States ruled that state governments can require the online collection of sales taxes.
Intel chief executive resigns amid 'consensual relationship' scandal
US technology giant Intel announced on Thursday that chief executive Brian Krzanich was standing down from his post, effective immediately.
US initial jobless claims drop to six-week low
The number of Americans filing for unemployment benefits fell to a six-week low last week, according to data from the Labor Department on Thursday.
Philly Fed manufacturing index drops more than expected in June
Manufacturing conditions in the Philadelphia region deteriorated more than expected in June, according to a survey released on Thursday.
US pre-open: Stocks to slip as US-China tensions continue to weigh
US futures pointed to yet another downbeat session on Wall Street on Thursday as simmering tensions between the US and China remain firmly on investors’ minds.
Hammond to reassure bankers with global financial partnerships plan
Chancellor Philip Hammond aims to reassure bankers on Thursday that he will protect their interests and will unveil a new strategy for global financial partnerships post-Brexit.
May's support for single market for goods could spark new Brexit row
Prime Minister Theresa May could risk another row with the pro-Brexit wing of the Tory party if she shows support for a proposal to keep the UK in a single market for goods post-Brexit.