Market Pulse - Usa
US open: Stocks continue to barrel higher on tax cut hopes
Wall Street continued to push higher at a furious pace amid greater optimism over the likelihood of US tax reforms and the potential impact they might have on stocks.
Kroger's third quarter profits beat forecasts
North America's largest supermarket chain Kroger on Thursday posted quarterly sales and profits which came in ahead of expectations as competitive pricing brought customers through its doors in droves.
Trump rebuffs China's call for 'market economy' status
The White House has formally rejected China's call to be considered a "market economy" under global trading rules, heightening tensions between two of the world's largest economies.
Google subject of £1bn lawsuit over iPhone data breach
US tech giant Google is facing a lawsuit in the UK which could see the company having to pay out as much as £1bn in compensation to iPhone users it collected data on.
US personal incomes and spending outstrip forecasts in October
Personal income and spending growth picked-up a little bit more quickly than expected last month, amid mildly stronger price pressures.
Shire gets orphan drug status for paediatric UC antibody
Shire's SHP647 monoclonal antibody has been granted 'orphan drug' status for the treatment of children with moderately to severely ulcerative colitis.
Russia reportedly onboard with OPEC output cut extension to end-2018
Crude oil futures are holding near their session highs after the Organisation of Petroleum Exporting Countries signaled they want to extend the group's current output curbs until the end of 2018.
Trump lashes out at May over criticism of anti-Muslim retweets
US President Donald Trump has rebuked UK PM Theresa May after she criticised his social media posting of anti-Muslim videos from Britain First leader Jayda Fransen.