INTERNATIONAL NEWS
10 Nov
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Europe close: Shares finish session near day's lows

Stocks on the Continent ended lower, clocking in with some of their steepest weekly losses since August over disappointment on the outlook for prompt passage of US tax reforms.

10 Nov
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Republicans advance tax cut packages through House and Senate

Oxford Economics senior analyst Nancy Vanden Houten said on Friday that as a result of US local elections on Tuesday the Republican party were beginning to feel a sense of urgency in passing its tax cut package after Democrats picked up a slew of new seats, showing the President's agenda may not be working.

10 Nov
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Hertz pushes higher on increased revenues

US rental vehicle group Hertz Global posted stronger than expected net profits on Thursday as increased sales and revenue management successfully offset losses from cancelled reservations in those parts of the country which had been hit hard by hurricanes Harvey and Irma.

10 Nov
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Losses widen at JC Penney despite same-store sales doubling market expectations

American department store chain JC Penney reported same-store sales growth that more than doubled analysts' forecasts, sending its stock price surging.

10 Nov
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Trump lashes out at 'trade abuses' in APEC speech

US President Donald Trump has lashed out at unfair trading practices during a key speech at the Asia-Pacific Economic Cooperation summit in Vietnam.

10 Nov
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US open: Moderate selling continues amid tax cut doubts

Wall Street's main market gauges were again bathed in red on Friday amid concerns that a possible delay in corporate tax cuts until 2019 could put an end to the recent rally in equity markets.

10 Nov
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US consumer confidence slips in November, but wage expectations rise

Consumer sentiment in the US is a little bit weaker at the start of month, although still at lofty levels, even as Americans and analysts ponder the prospect for rising official rates and try and anticipate their potential impact on spending.

10 Nov
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Barnier gives UK two weeks to clarify 'Brexit bill' position

Brexit negotiations have seen “some progress” in the latest round of talks, but according to chief EU negotiator Michel Barnier, the UK has only two weeks left to agree to a financial settlement.

10 Nov
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis
US pre-open: Stocks seen lower amid worries over tax cut delay

US futures pointed to a weaker open on Wall Street on Friday amid concerns that a possible delay in corporate tax cuts until 2019 could put an end to the recent rally in equity markets.

10 Nov
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Uber loses major employment rights case in London

Ride-hailing app Uber will be forced to treat its UK drivers as employees after it failed to win its appeal to a London court on Friday.

10 Nov
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Asia report: Most markets follow Wall Street lower

Most markets in Asia finished in the red on Friday, taking their lead from Wall Street overnight, which closed lower on the back of tax reform plans from Senate Republicans.

09 Nov
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US close: Markets in the red as Senate Republicans reveal their tax plans

US markets finished lower on Thursday as investors dealt with more earnings news and details on the Senate’s tax bill.