International News
Europe close: Stocks jump after better-than-expected data out of Asia
Stocks across the Continent extended their recent gains, tracking the fresh highs being set on Wall Street and following the release of stronger-than-expected economic data in China.
Travelex restores first customer-facing systems after hack
Travelex announced on Friday it had restored the first of its customer-facing services in the UK and that the return to normal operations was firmly underway.
Michigan consumer sentiment index slips in January
US consumer sentiment deteriorated a touch in January, according to a preliminary reading from the University of Michigan.
US open: Stocks continue historic rally following some solid earnings
US stocks opened higher on Friday following the release of some economic data out of China overnight and a strong start to earnings season.
Chinese economic activity picks up at the end of 2019, but headwinds remain
Economic activity in China at the end of 2019 execeded forecasts, but some economists said that it was too soon to sound the 'all clear'.
UK rules out automatic deportation of EU citizens post Brexit
Brussels's Brexit spokesman said on Friday that the UK had ruled out the option of automatically deporting citizens from the European Union that did not apply for settled status after Brexit.
Alphabet's market cap hits one trillion dollars
Google’s parent company Alphabet became a trillion-dollar company on Thursday for the first time, the fourth US firm to reach that milestone.
Xiaomi announces POCO to be standalone company
Xiaomi said on Friday that it would spin off POCO as a standalone company that will run independently from the Chinese tech giant.
Warm weather hits US industry in December, but economists remain sanguine
Industrial production in America softened unexpectedly in December but mainly due to unusually warm weather.
December US housing starts surge past forecasts
Homebuilding activity in the States blew the doors of economists' forecasts in December, but economists were quick to point out that such strength was just not sustainable and some of the underlying data appeared to point in that direction too.
US pre-open: Futures point to positive open following Chinese data
US futures had stocks opening higher ahead of the bell on Friday following the release of some economic data out of China overnight.
Fiat Chrysler in talks with Foxconn over JV
Fiat Chrysler Automobiles said on Friday that it is in talks with electronics group Foxconn over the creation of an equal joint venture to develop and manufacture new generation battery electric vehicles in China and engage in the Internet of Vehicles business.