International News
German court charges six Volkswagen executives with fraud
Germany has charged six top executives at Volkswagen with fraud after being accused of “deliberately misleading” authorities and customers.
UK govt considers air duty cut to save Flybe
UK government officials were set to meet on Tuesday in an attempt to save regional air carrier Flybe from collapse with a potential cut in flying taxes on the table.
Ford invests $82m in Vietnamese plant expansion
Ford said on Tuesday it’s investing $82m in the expansion of a plant in Vietnam to boost its production capacity at the site.
Europe close: US earnings season buoys stocks, trade talks in focus
Stocks on the Continent finished the session slightly higher, helped by a positive start to the US results season, even as investors fretted that another trade spat might be brewing in the background - but this time centred on Europe.
US CPI rate unchanged in December, as expected
The cost of living in the US rose as expected last month despite sharp increases in prices for medical care commodities and services, thus eliciting scant reaction from economists.
Citigroup easily tops estimates on strong fixed-income trading
Citigroup easily topped expectations with its quarterly results on Tuesday as strong fixed-income trading revenues and growing sales from the bank's consumer business led the way.
US open: Mixed start to trading as earnings begin to roll in
Wall Street trading began on a mixed note on Tuesday as a slew of earnings from some of the country's biggest lenders began to roll in.
PSA-owned Opel to shed up to 2,100 jobs
Opel is to cut up to 2,100 jobs, the German car brand confirmed on Tuesday, as it battles 'ever-stricter' emissions regulations.
JP Morgan blows past Street in Q4 thanks to debt and commodities trading
JP Morgan blew past analysts' forecasts for its fourth quarter revenues and profits thanks to a bumper turnout for its debt and commodities trading arm.
Johnson says he would back 'Trump deal' to replace 2015 Iran nuclear accord
Britain's Prime Minister said that he would support a deal negotiated by Trump to replace the 2015 nuclear accord.
US pre-open: Dow futures flat ahead of bank earnings
US futures were pointing to a flat open for the Dow Jones on Tuesday ahead of a slew of earnings from some of the country's biggest lenders.
BlackRock pledges to put climate first as it flags 'fundamental reshaping' of finance
BlackRock, the world’s biggest asset manager, has pledged to put the climate at the heart of its investment strategy, including shunning some coal miners.
Britain, France and UK trigger Iran deal's dispute resolution mechanism
Britain, France and Germany triggered the so-called dispute mechanism contained in the 2015 nuclear deal with Iran.
US small business optimism deteriorates more than expected
Small business sentiment in the US deteriorated more than expected in in December, according to the latest survey form the National Federation of Independent Business.
China reports surge in exports ahead of crucial trade deal
China’s exports grew for the first time in five months in December, official data showed on Tuesday, comfortably beating expectations.
US takes China off currency manipulators list
The US government dropped its designation of China as a currency manipulator as both sides moved towards a trade deal.