International News
Europe close: Stocks remain weak in afternoon trading
European stocks remained in the red at the close Wednesday, as investors continued to react to the news of an impeachment inquiry into US President Donald Trump, with concerns about Sino-US trade relations also weighing.
UK startup Fidel raises $18m to develop fintech innovation
UK startup Fidel has secured $18m in its first round of funding, it announced on Wednesday, co-led by US-based fintech specialist funds Nyca Partners and QED Investors.
Tik Tok censors videos that displease the Chinese government
Popular Chinese-owned social network TikTok censors videos that address topics at odds with the Chinese politburo's public views, it emerged on Wednesday, such as Tibetan independence or religious group Falun Gong.
US open: Mixed start to trading as impeachment fears abound
Wall Street trading began on a mixed note on Wednesday, as Donald Trump faced a formal impeachment inquiry.
Philip Morris and Altria end merger talks
Merger talks between US tobacco companies Philip Morris International and Altria have ended.
US new home sales rise more than expected in August
Sales of new US single-family homes rose more than expected in August, according to data released by the Commerce Department on Wednesday.
Ikea unpacks surge in full-year sales
Full-year sales at Inter Ikea Group have surpassed €40bn, the Swedish flatpack retailer announced on Wednesday.
Asia report: Markets mostly lower on Trump impeachment news
Markets in Asia finished their sessions mostly lower on Wednesday, with much investor attention focussed on the United States as impeachment proceedings were launched against president Donald Trump overnight.
EDF raises cost estimates for Hinkley nuclear plant
French state-controlled power group EDF said on Wednesday it has raised costs estimates for the Hinkley Point C nuclear plant in Britain.
Santander blames 'challenging' regulations and Brexit for €1.5bn UK charge
Banco Santander is to take a €1. 5bn writedown on the value of its UK business, the Spanish lender announced late on Tuesday.
US pre-open: Futures point to losses as Trump faces impeachment inquiry
US futures pointed to a lower open on Wall Street on Wednesday as President Donald Trump faced a formal impeachment inquiry.