International News
US open: Stocks buoyed by M&A news, fiscal stimulus hopes
The buying pressure seen on Wall Street at the end of the prior week appeared carried over into Monday's session, as M&A news helped to offset uncertainty around the upcoming US elections and the pandemic.
Tirupati Graphite mulls London IPO
India’s Tirupati Graphite is looking to debut on the London Stock Exchange, it was announced on Monday.
US pre-open: Stocks set for higher start despite crash in Inovio shares
The buying pressure seen on Wall Street at the end of the prior week appeared to be carrying over into Monday.
Petrol station billionaires in running to buy Asda - report
Walmart has chosen buyout firm TDR Capital and the billionaire brothers who founded the EG petrol station business as joint preferred bidders to buy Asda, the Financial Times reported.
Inovio shares crash after FDA places partial hold on Covid-19 trial
Inovio's phase 2/3 trial of its Covid-19 vaccine candidate was put on partial hold by the US Food and Drug Administration, sending the shares crashing.
Court temporarily blocks Trump's ban on TikTok
A US district judge granted TikTok a temporary reprieve from US President Donald Trump’s executive order banning it from app stores in the States late on Sunday evening.
Uber wins legal battle to continue operating in London
Uber is to continue operating in London, after a judge upheld its appeal against Transport for London’s decision to revoke its operator licence.
Pound strengthens on Brexit trade deal hopes
The pound rose against both the euro and dollar on Monday morning as the final round of Brexit trade negotiations geared up in Brussels.
Contested US election is investors' biggest fear - survey
A disputed US presidential election has outstripped Covid-19 to be the biggest concern for investors, according to a survey.
Trump used losses to pay no income tax, report says
US President Donald Trump paid just $750 in federal income taxes in 2016 and 2017 and in many years paid none at all, the New York Times reported after obtaining tax return information Trump has withheld.
China industrial profits rise for fourth month
Profits in China's industrial sector rose for the fourth month running in August as factories continued to recover from the Covid-19 shutdown.