International News
New Boeing 737 Max plane ordered by Ryanair undergoes renaming
A Boeing Max 737 delivered to Ryanair has had the model’s name changed on delivery which could mean the manufacturer and airlines will rebrand the controversial model.
US open: Stocks drop in and out of the red at the bell
Stocks on Wall Street opened broadly flat on Monday after surging to new highs during the previous week after Federal Reserve chairman Jerome Powell hinted that an interest rate cut could be on the horizon.
US trade deal post-Brext could take longer than some hope, says Fox
A post-Brexit trade deal with the US would take longer than people expected due to the crossover of federal and state jurisdictions and the upcoming presidential election, said International Trade Secretary Liam Fox.
Citi's second quarter earnings beat analysts' forecasts
US banking group Citi reported second-quarter earnings ahead of analyst expectations on Monday, despite a fall in investment banking revenues.
Empire State factory index stages partial recovery in July
Factory sector activity in the New York area picked up a tad more quickly than expected in July, following a sharp drop during the previous month, according to the results of a closely-followed survey.
Circor shares tumble as Crane says it won't extend offer deadline
Circor shares slumped on Monday after Crane Co said it would not extend its offer for the US flow control technology company if there is no "substantive engagement" this week.
EU foreign ministers meet to save Iran nuclear deal
Foreign ministers from France, Germany and the UK were meeting in Brussels on Monday in an attempt to save the Iran nuclear deal.
US pre-open: Futures point to small gains despite weak Chinese data
US stocks looked set to continue their recent rally ahead of the bell on Monday after the main Wall Street indices surged to new highs last week after Federal Reserve chairman Jerome Powell hinted that an interest rate cut could be on the horizon.
Asia report: Markets mixed as China GDP growth slows further
Markets in Asia finished in a mixed state on Monday, as investors reacted to fresh GDP data from China which suggested a seriously slow rate of growth for the world’s second-largest economy.
Peugeot sees global car sales slide
PSA Group saw sales stall in the first half of the year, after demand faltered in China and the French company was forced to pull out of Iran.
Trump considers removing Wilbur Ross following Supreme Court defeat
Donald Trump has allegedly told aides and close allies that he was contemplating removing Commerce Secretary Wilbur Ross after he backed down from adding a contentious question on citizenship to the 2020 census, according to NBC News.
Gilead Sciences inks 10-year collaboration deal with Galapagos
Gilead Sciences will pay over $5. 0bn for the exclusive licence and options rights to Belgian-Dutch biotechnology outfit Galapagos's entire pipeline of potential drugs outside of Europe.
Huawei is set to lay off hundreds of US workers after blacklisting
Chinese technology giant Huawei is preparing lay offs for hundreds of American workers as it struggles with the US administration’s recent blacklisting.
Chinese economic growth slows to 27-year low
Chinese economic growth eased to its weakest pace in 27 years in the second quarter, according to data released by the country’s statistics bureau on Monday.