Market Pulse - Usa
US close: Markets make mild gains amid continued tax chat
Markets in the US made mild gains on Thursday, with the Trump administration’s proposed tax reforms still giving investors a bit of an appetite a day after they were revealed.
Competing taxi apps boosted by Uber's licencing issues
Rival taxi apps have been given a boost as a result of Transport for London's (TfL) decision to reject Uber's application for renewal of its licence in the capital.
US close: Stocks and Treasuries climb on details on White House tax reform
Wall Street rallied from a mid-session collapse and four days of losses to climb back towards recent record highs, with both stocks and Treasury yields boosted by the unveiling of Donald Trump's tax reform proposals.
Twitter tests new character limit of 280 characters
Twitter has doubled the text limit on its micro-blogging platform to 280 characters for a select few users as part of a trial run that could be extended across the service.
Bombardier accuses Boeing of trying to 'stifle competition' after new tariff
An interim tariff of 220% has been imposed on the import of Bombardier's C-Series jets to the US after its competitor Boeing lodged a complaint that alleged the Canadian firm was receiving unfair state subsidies from the UK and Canada in order to win a major contract.
US open: Wall Street flat ahead of Yellen
Wall Street is trading broadly flat as investors eye some key speeches from Federal Reserve chief Janet Yellen and other central bankers.
US new home sales fall below forecasts in August
Activity in America's housing sector cooled last month, possibly due in part to the impact of hurricanes Harvey and Irma.
Carnival beats forecasts, guides higher despite impact of hurricanes
It was calm seas for Carnival during the third quarter as stronger demand drove a five per cent improvement in cruise tiket pricing and the company guided towards the upper end of its previous guidance for profits.
Brazil revokes Amazon reserve mining decree
Faced with opposition by the courts and a public outcry, the government of Brazil has officially cancelled plans to open up a vast natural reserve in the Amazon to commercial mining.
Washington labels North Korea war claims 'absurd'
The White House has responded to claims from North Korea that it had made a declaration of war by branding the accusations as "absurd".
US close: Stocks lower as investors digest Fed rhetoric
US stocks finished lower on Monday, as investors looked ahead to speeches from various Federal Reserve policymakers and digested the German election results over the weekend.
US open: Stocks dip amid European uncertainty, Fedspeak
US stocks were slightly lower at the beginning of the week as investors looked ahead to speeches from various Federal Reserve policymakers and digested the German election results over the weekend.
US open: Wall Street recovers after initial dip
Wall Street has started the session slightly lower but was quickly recovering, following a threat from North Korea's top diplomatic official.
US trade chief criticises Mexico and Canada over imports
America's top trade official pointed to the declining share of US-made parts and components in imports from Canada and Mexico to justify the need to take a "fresh look" at the North American Free Trade Agreement.
Philips 66 announces asset sale to master limited partnership
Energy manufacturing and logistics firm Phillips 66 announced on Friday that it would be selling assets back to its master limited partnership (MLP), Phillips 66 Partners, as part of a deal worth $2. 4bn, including debt, making it the latter's biggest acquisition to date.
Hewlett Packard Enterprises to start laying off 5,000 staff by year end
Californian tech giant Hewlett Packard Enterprises is reportedly planning to axe roughly 10% of its staff as it looks to decrease outgoings amid increased competition.
Daimler eyes Tesla's top spot in electric car market
Mercedes-Benz parent company Daimler plans to invest $1bn as part of an effort to compete with Tesla in the US electric powered car market.
US close: Markets end lower as investors digest Fed meeting, economic data
Stocks finished lower on Thursday, as traders tried to work out the implications of the US central bank's policy announcement on Wednesday, despite a raft of better-than-expected readings on the economy.
US open: Stocks dip as two-year yields hover near eight-year highs
Stocks are stuck in a bit of a rut as traders try to work out the implications of the US central bank's policy announcement the night before, despite a raft of better-than-expected readings on the economy.
Chevron cancels drillship contract with Transocean
Chevron blew a hole in Transocean's share price on Thursday after cancelling its contract for ultra-deep water drillship Discoverer Clear Leader one year ahead of its scheduled expiry, effective from the following November.