International News
UK government to ban junk food advertising online and before 9pm on TV
The UK government is set to announce a ban on junk food advertising online and before 9pm on television from 2023 in another move to fight the country’s obesity crisis.
Visa signs deal to acquire European banking platform Tink for $2.15bn
Payments technology company Visa said on Thursday it had signed a deal to buy European open banking platform Tink for $2. 15bn.
Europe close: Stocks rally on 'dovish' BoE, German business confidence
European shares rallied on Thursday as investors focused on a 'dovish' outcome to the Bank of England's policy meeting.
Innovid plans going public via merger with SPAC
TV tech company Innovid announced its plans on Thursday to go public via a merger with a publicly traded special purpose acquisition company (SPAC).
US durable goods orders up in May, jet orders jump
Orders in the US for goods made to last more than three years continued growing at a steady clip last month, helped by strong demand from the transportation sector.
E-Mart buys eBay's South Korean business for $3bn
South Korean retailer Shinsegae Group's E-Mart announced on Thursday it plans to acquire an 80% stake in eBay’s South Korean business for $3bn.
Volkswagen considers acquiring majority stake in Europcar
German carmaker Volkswagen announced on Thursday that it is considering acquiring a majority stake in car rental company Europcar.
US initial jobless claims slip lower, secondary claims down again
US jobless claims continued to slip lower during the latest week especially those not being filed for the first time, in a potentially positive signal for the next monthly non-farm payrolls report.
US pre-open: Futures trade higher, S&P 500 on course for new record
Wall Street futures were in the green ahead of the bell on Thursday, with the S&P 500 on course to surpass the record high set by the index a week ago.
'Bitcoin worth nothing', says analyst who predicted 2008 financial crisis
Nassim Taleb has once again charged against bitcoin. Author of 'Black Swan' and one of the men who predicted the 2008 global financial crisis, Taleb claims that the leader of the cryptos is worth nothing and there is no evidence to support the usefulness of blockchain.
Mining bitcoin easier and more profitable thanks to China's snub
China has been one of the great detractors of bitcoin, but what many do not know is that its snub can make its mining easier and even more profitable.
German business sentiment hits best level since April 2018 - Ifo
German business sentiment improved more than expected in June as Covid restrictions were eased, reaching its best level since April 2018, according to a survey released on Thursday by the Ifo Institute.
Asia report: Shares closed mixed in lacklustre trade
Asian shares were closed mixed on Thursday as investors looked for more clarity on US inflation ahead of official data on Friday.