International News
EU threatens UK with legal action over post-Brexit trade arrangement
The European Union is threatening the UK with legal action over differences on their post-Brexit trade agreement and more specifically areas involving Northern Ireland.
Fed's Powell says he would be concerned if financial conditions tighten
Longer-term US government debt yields extended their recent rebound even after Federal Reserve chief, Jerome Powell, said he was monitoring their rise.
Sberbank posts jump in full-year net interest income
Sberbank, the Russian Federation's largest lender by assets, posted a big drop in full-year profits in a year marked by the novel coronavirus pandemic.
Europe close: Stocks shake off early losses, but led by Oil and Gas, and Utilities
European shares were mostly higher on Thursday reversing early losses triggered by worries over rising government bond yields on both sides of the Atlantic.
US open: Stocks stabilise ahead of Powell
Wall Street's main market indices were all holding slightly higher in early trading, stabilising after selling from the day before carried over into the opening bell.
Baron Capital sells 1.8m Tesla shares over past 6 months
Billionaire investor Ron Baron’s namesake firm sold 1. 8m shares in Tesla over the preceding six months despite his belief that the stock price would surpass $2,000 in the next decade.
US pre-open: All eyes on Fed's Powell, jobs data
US equities futures are pointing to a lower start ahead of remarks from US central bank boss Jerome Powell later in the day which some will undoubtedly hope will help to soothe frayed nerves in government bond markets.
US suspends tariffs on UK products in move to resolve aircraft row
The United States agreed to halt tariffs on UK products for four months in a sign of good faith ahead of talks aimed at resolving a row over subsidies granted to the two countries' aircraft industries.
Weekly US jobless claims print ahead of forecasts
The number of Americans filing for initial unemployment claims edged higher unexpectedly last week, although some economists had expected worse.
US Q4 labor productivity falls a bit less than expected
US labor productivity fell by less than expected at the end of 2020, helping to douse labour cost growth.
Iran told to address IAEA's concerns on uranium particles
Iran has been urged to address the International Atomic Energy Agency’s concerns on uranium particles found at undeclared, old sites.
EU not in talks to buy Russian Covid-19 vaccine
The European Commission said on Thursday that there were no ongoing negotiations about buying Russia’s Sputnik V coronavirus vaccine.
US jobs market may be primed for a 'full recovery', Challenger says
The American jobs market may be primed for a full recovery, one of the country's most influential outplacement firms said.
Honda to sell limited batch of Legend self-driving cars
Honda announced on Thursday that it would sell a limited batch of its flagship Legend sedan which includes a level 3 autonomous driving technology.
Apple faces UK competition inquiry
The UK's competition regulator has launched an investigation into Apple's terms and conditions for app developers to list on its App Store.