International News
Europe close: Stocks drop amid rout in Basic Resources, drop in Oil and Gas
Stocks across the Continent finished the session sporting significant losses on the back of a continued slide in oil prices and, according to some market observers, reports that Beijing will set quotas for the country's lenders to lend to the private sector.
Wilbur Ross next in Trump's firing line, reports say
US commerce secretary Wilbur Ross could be the next member of the Trump administration on the chopping block, according to reports on Friday.
Telecom Italia abandons debt reduction plans and announces write-down
Telecom Italia surprised investors on Friday, shelving its target for cutting its debt pile and announcing a €2bn writedown.
US open: Stocks open lower as investors digest hawkish Fed statement
Wall Street trading began with losses on Friday as investors mulled over a hawkish post-meeting statement from the Federal Reserve and a higher than expected reading on October's producer price index.
Uni Michigan consumer sentiment index ticks lower in November
US consumer sentiment deteriorated less than expected in November, according to a preliminary reading from the University of Michigan.
US wholesale inflation jumps in October on energy and food costs
US wholesale inflation picked-up more quickly than expected last month amid a sharp increase in energy costs and as food prices bounced back.
China factory gate prices slip in October despite weak yuan
Consumer and factory gate prices in the People's Republic of China remained elevated last month, despite the recent weakening in the yuan and import tariffs, a trend that economists expected would continue.
Asia report: Markets dip as Chinese banks pushed to support private sector
Most Asian markets fell on Friday as seemingly ever-present trade war worries persisted and Chinese financial outfits struggled after a regulatory body announced new measures to support private companies.
Crude oil fall enters bear market territory
Oil prices slid into bear market territory on Friday, with crude dropping below $70 per barrel for the first time in seven months.
US pre-open: Stocks seen lower after hawkish Fed; Yelp tumbles on results
US stocks looked set for losses at the open on Friday as investors mulled over a hawkish post-meeting statement from the Federal Reserve, with energy shares likely to come under pressure as Brent crude slipped below $70 a barrel.