International News
US close: Stocks close lower as rate cut picture remains unclear
Wall Street stocks closed lower on Monday as the previous week's strong jobs data dampened expectations that the Federal Reserve would cut interest rates by 50 basis points when rate-setters in the US next met at the end of July.
Trump warns Iran to 'be careful' as it prepares to ramp-up uranium enrichment
Donald Trump has warned Iran to “be careful” after the Islamic Republic threatened to enrich uranium to 20% purity after it breached the limits established by the 2015 nuclear deal during the previous week.
US open: Stocks head south as rate cuts called into question
Wall Street stocks opened lower on Monday as the previous week's strong jobs data dampened expectations that the Federal Reserve would cut interest rates by 50 basis points when rate-setters in the US next met at the end of July.
China's Wang argues for country to stay course on global integration
A top Chinese official called on Monday for greater global economic integration, arguing that the best path forward for his country was to seek to develop through reform and innovation and that it was "determined to open up to learn the advantages of other nations".
US pre-open: Futures point to losses as jobs data dampens hopes for rate cuts
Wall Street futures had major US indices opening lower on Monday as last week's strong jobs data dampened expectations that the Federal Reserve would cut interest rates by 50 basis points when rate-setters next met at the end of the month.
German industrial production ticks up in May
German industrial production ticked higher on the month in May, according to the latest figures released by Destatis.
JP Morgan sounds bullish note on global equities
Strategists at JP Morgan continued to sound a 'bullish' note on the outlook for global equities at the start of the week, pointing to upside for price-to-earnings multiples and earnings estimates.
Lidl UK expansion plans ramp up with Scottish push
Lidl is stepping up its UK expansion plans with 12 new stores in Scotland, the German discounter announced on Monday.
Asia report: Markets finish lower on regional tensions, US jobs data
Markets in Asia finished red across the board on Monday, as investors digested stronger-than-expected employment data from the US on Friday, putting a dampener on hopes that the Fed could move to lower interest rates in the near term.
Deutsche Bank begins revamp, slashes 18,000 jobs
German lender Deutsche Bank started its largest and most radical revamp in more than 20 years at a cost of $7. 4bn and 18,000 jobs.