International News
Europe close: Stocks falter after deluge of eurozone data
European shares were still below the waterline by Monday evening, after eurozone retail sales and business survey data showed the regional economy was headed for a recession.
Circle abandons Spac deal with Concord
Cryptocurrency firm Circle Internet Financial said on Monday that its planned acquisition by special purpose acquisition vehicle Concord Acquisition Corp has been terminated by mutual agreement.
EZ October retail sales fall 1.8% month-on-month
Eurozone October retail sales fell 1. 8% compared with September, according to data released by the EU on Monday.
Investor morale strengthens across Eurozone
Investor sentiment across the Eurozone has strengthened by more than expected, a closely-watched survey found on Monday.
Asia report: Most markets rise as China relaxes some testing rules
Most stock markets in Asia closed higher on Monday, after authorities in China relaxed some of their strict Covid-19 testing rules in a number of cities.
US pre-open: Futures head south ahead of ISM's non-manufacturing PMI
Wall Street futures were in the red ahead of the bell on Monday as market participants awaited the release of last month's non-manufacturing purchasing managers index from the Institute for Supply Management.
Saudi crown prince eyes up Credit Suisse spin-off - report
Saudi Arabia’s crown prince is considering investing $500m in Credit Suisse Group’s new investment bank, it was reported on Monday.
Cryptocurrencies on the rise; Bitcoin consolidates at $17,000
The cryptocurrency market starts the week on a good note after a weekend of gains. Bitcoin (BTC) surpasses $17,000 and has rebounded nearly 2% in the last 24 hours, consolidating at $17,300; meanwhile, Ethereum (ETH) is approaching $1,300 after rising 3% in the last day.
Eurozone sliding into recession as output contracts again
Economic activity in the eurozone contracted in November for the fifth month in a row, suggesting that the bloc is falling into recession, according to a survey released on Monday.
AG Barr buys Boost drinks brand for up to £32m
Irn-Bru maker AG Barr said on Monday that it has bought drinks business Boost for up to £32m from founder Simon Gray and his wife Alison.
China services activity hits six-month low in November - Caixin
Activity in China’s services sector shrank further in November, hitting a six-month low amid Covid restrictions, according to data released on Monday.