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Political News
Hunter Biden to step down from Chinese company's board

Hunter Biden is set to resign from a board of a Chinese-backed private equity company and announced that he would forgo all work with foreign enterprises if his father Joe Biden was elected president in 2020.

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US lawmakers mull legislation in support of Hong Kong demonstrators

US lawmakers are this week set to vote on three bills that would support pro-democracy demonstrators in Hong Kong, as protests in the city intensify.

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UK renewables generate more electricity than fossil fuels for the first time

Renewable energy sources provided more electricity in the UK than fossil fuels for the first time ever during the past quarter, revealed new research from Carbon Brief.

JP Morgan sees upside for domestic UK and Irish banks in 'soft Brexit'

Equity analysts at JP Morgan sounded a more positive on the prospects for domestic UK and Irish banks should the country reach an agreement with the European Union withdrawal.

12 Oct
US and China reach partial trade agreement

Negotiators for the US and China appeared to make some headway in their trade talks on Friday, agreeing on the outlines of a preliminary deal that addressed some of Washington's grievances.

11 Oct
Renault board ousts Thierry Bollore as CEO

The board of directors of carmaker Renault has ousted Thierry Bollore as CEO and named Clotilde Delbos as interim chief executive.

11 Oct
Morgan Stanley 'overweight' on Lloyds, Brexit outcome key valuation driver

Analysts at Morgan Stanley reiterated their 'overweight' stance and 60. 0p target price for shares of Lloyds on Friday following a meeting with the lender's chief, Antonio Horta-Osorio.

11 Oct
US import prices edge up in September as energy costs bounce back

US import prices edged higher unexpectedly last month as energy costs bounced back.

11 Oct
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IMF claims sustainable funds perform as well as conventional equity funds

New research from the IMF revealed that the performance of sustainable funds is just as good as the performance from conventional equity funds.

10 Oct
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No-deal Brexit could put Nissan's European branch at risk

Nissan said on Thursday that a no-deal Brexit leading to the imposition of WTO tariffs on exports could put its entire European arm at risk.

10 Oct
UK and Ireland see 'pathway to a possible deal'

The UK and Ireland said on Thursday that a Brexit deal could be within reach.

10 Oct
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Apple removes Hong Kong police-tracking app from store

Apple removed the HKmap. live app from its store that allowed Hong Kong protesters to track police movements and the use of tear gas.

10 Oct
US September CPI falls short of forecasts

The cost of living in the US was unchanged last month in the wake of a sharp decline in energy costs, although underlying price pressures remained near their recent highs.

10 Oct
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US-China trade deal unlikely as talks stall

A US-China trade deal looked unlikely as talks between both sides scheduled for Thursday and Friday had reportedly stalled after preliminary discussions failed to make headway.

09 Oct
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ECB's Praet responds to criticism of low interest rates, calls for fiscal stimulus

A former top European Central Bank official criticised other veterans of the institution for their criticism of the Governing Council's recent decision to provide more open-ended forward guidance, potentially locking-in lower policy interest rates for much longer.

09 Oct
Turkish forces march into Northern Syria after US withdrawal

Turkish troops have launched an offensive into Northern Syria just days after US President Donald Trump controversially announced the withdrawal of some US troops from the area.

09 Oct
Activision Blizzard faces boycott calls after banning Hong Kong gamer

Activision Blizzard was facing a growing online backlash after the US games giant banned a professional e-sports player for showing support for protestors in Hong Kong.

09 Oct
JP Morgan trims targets for some UK asset managers, 'underweight' Hargreaves Lansdown

Analysts at JP Morgan trimmed their target prices for three of the UK's largest 'asset gatherers' to reflect "subdued" net flows over the third quarter.

09 Oct
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UK financial system can weather no-deal Brexit, despite 'material' risks - BoE

The Bank of England believes there are “material” economic risks involved in a no-deal Brexit – but that British banks are strong enough to withstand the shock.

09 Oct
Investors mull impact of US Democrats win in 2020 elections

A Democratic victory in the next US presidential elections could turn into a 'big headache' for the oil majors on both sides of the Atlantic, analysts at Berenberg said.