International News
Europe close: Stocks drop ahead of key Fed speech, US-China trade in focus
Stocks across the Continent finished lower on Tuesday amid traders' caution ahead of a key speech from the head of the US central bank scheduled for the following day and uninspiring reports on the US-China trade front.
Egypt requests Interpol help return 'stolen' relic sold in UK
The Egyptian Ministry of Antiquities have requested Interpol help track down a 3,000 year-old sculpture of pharaoh Tutankhamun that was sold last week in the UK.
US open: Stocks continue to head south ahead of Fed speeches
US stocks were little changed on Tuesday ahead of a potentially key speech by Federal Reserve chief Jerome Powell himself scheduled for the next day.
Irish to agree to need for border checks in no-deal Brexit
Ireland is set to agree for the first time to the need to set up checks at the border with Northern Ireland under a no-deal Brexit scenario.
Richard Branson's Virgin Galactic to go public
Richard Branson’s Virgin Galactic space tourism business is set to go public later in 2019 and if successful it will become the first listed space tourism outfit .
US 'quits' rate little changed in May
The number of people who voluntary left their jobs decreased in May but nevertheless remained near record lows, reflecting still strong job market conditions, although hiring did slip.
Fed's Harker sees no interest rate cuts in 2019, WSJ says
No interest rate cuts will be needed in 2019 and the US economy is "strong", a top US central bank official said.
US-China trade talks to resume this week
Talks aimed at ending the trade war between China and the US are set to resume as early as this week.
Cisco Systems to buy Acacia Communications for $2.6bn
Network gear maker Cisco Systems has agreed to buy optical component maker Acacia Communications for $2. 6bn.
Marriott to 'vigorously defend' £99m fine over huge data breach
Marriott International announced on Tuesday that it has been informed by the UK Information Commissioner's Office (ICO) of its intention to issue a fine of £99. 2m against the company in relation to the Starwood guest reservation database incident.
Small US firms less confident amid heightened uncertainty, NFIB says
Uncertainty among smaller sized businesses in the US rose "substantially" in June, reaching its highest level since March 2017, the results of a closely-followed survey revealed.
US pre-open: Stocks looks set for more losses ahead of Fed speeches
US stocks looked set for another day of losses ahead of the opening bell as traders waited to hear from two top Federal Reserve officials, ahead of a speech by central bank chief Jerome Powell himself scheduled for the next day.
Hello Kitty owner fined by European Commission
Hello Kitty owner Sanrio has been fined €6. 2m by the European Commission for breaking the bloc's rules on cross-border sales.
Piper Jaffray to buy Sandler O’Neill in $485m deal
Piper Jaffray has agreed to buy Sandler O’Neill + Partners in a $485m deal.
BASF shares tumble after it warns on full-year profits
German chemicals giant BASF has slashed its guidance for annual profits by as much as 30%, after industrial production was stalled by the slowing global economy and the increasingly bitter US-Sino trade war.
Government clashes with its own business advisers over no-deal Brexit
A group of business experts appointed by the UK government to look for alternatives to the “backstop arrangement” for the Northern Irish border have clashed with Westminster over the possibility of a no-deal Brexit.
Asia report: Most markets decline as Fed rate cut hopes diminish
Markets in Asia were mostly in the red on Tuesday, as investors closed their wallets while expectations for a rate cut from the US Federal Reserve continued to slide.
Nintendo confirms partial switch of production out of China
Nintendo is to move part of the production of its bestselling Switch gaming console away from China, it emerged on Tuesday.
Shares in Rémy Cointreau fall as chief executive announces departure
The chief executive of Rémy Cointreau has resigned, the French drinks group confirmed on Tuesday.