International News
US close: Wall Street loses grip on gains after trade talks reportedly 'stall'
Shares on Wall Street fell back during the last hour of trading after it was reported that trade talks with Beijing appeared to have stalled.
Europe close: Stocks end week on a down note
Stocks across the Continent finished the week on a down note after Chinese officials denied that trade talks were set to continue, amid of raft of criticism of Washington in state-controlled media.
Boeing completes 737 Max software updates
Boeing said on Thursday it had completed a software update for its 737 Max jets after they were grounded in March in response to the two fatal crashes that killed all passengers on board.
Ocado says fire at distribution center puts 400 jobs at risk
It will take Ocado two years to rebuild the distribution centre that was destroyed in a fire in February 2019, leaving roughly 400 jobs at risk.
Deere & Co earnings fall short of estimates for fifth consecutive quarter
Equipment manufacturer Deere & Co's profits fell short of estimates for a fifth straight quarter on Friday, leading the group to cut its full-year guidance amid the escalating trade war with China.
US open: Stocks head south with trade tensions still in focus
US stocks headed south as trading began on Friday as tensions between Washington and Beijing remained at the front of investors' minds.
White House postpones decision on auto and parts tariffs for 180 days
President Donald Trump has postponed its decision on whether to impose tariffs on imports of automobiles and parts by six months to allow time for negotiations to continue with the country's main trading partners.
US consumer sentiment hits 15-year high in May, UofM says
Americans were in much more buoyant spirits than believed in early May, although the potential impact on sentiment from the breakdown in trade talks between the US and China had yet to be seen, according to the results of a closely-followed survey.
HP Enterprise to buy supercomputer maker Cray in $1.3bn deal
Hewlett Packard Enterprise has agreed to buy supercomputer maker Cray in a deal valued at around $1. 3bn.
BofA cuts 2020 UK GDP forecast on prolonged Brexit uncertainty, US-China trade war
Economists at Bank of America-Merrill Lynch cut their forecasts for the rate of growth in Britain's economy for this year and next, predicting that the uncertainty around Brexit will last for longer and that the US-China trade war will escalate.
ECB faces potential losses in Santander-LetterOne battle
The European Central Bank could face loses over the bonds it holds from Spanish company Distribuidora Internacional de Alimentacion (DIA) as LetterOne battles Santander bank to recapitalise the retailer.
Eurozone inflation picks up in April
Eurozone inflation picked up in line with expectations in April, as prices rose in the services sector.
US pre-open: Futures point to losses as 'bizarre week' draws to an end
Wall Street futures were pointing to a negative open on Friday as tensions between Washington and Beijing remained at the forefront of investors' minds.
Asia report: China stocks fall amid ongoing trade concerns
Markets in Asia were mixed on Friday, with shares in China stumbling amid the ongoing trade war between the US and China.