International News
Mueller issues Steve Bannon with grand jury subpoena - report
US Present Donald Trump's former chief strategist Steve Bannon was on Tuesday reportedly subpoenaed by special counsel Robert Mueller to testify in front a grand jury as part of his ongoing investigation into alleged Russian interference in the 2016 election.
US close: Stocks slip from record ground as oil price, Bannon 'summons' hit sentiment
US stocks failed to stay in record territory on Tuesday as lower oil prices hit energy stocks and investors reacted to news that President Donald Trump's former chief strategist Steve Bannon had reportedly been subpoenaed as part of the probe into alleged Russian interference in the 2016 election.
Europe close: Stocks end off best levels, eyes on Wall Street and Germany
German issues paced gains on the Continent, thanks to a pause in the single currency's recent rapid move higher and as Wall Street's main market gauges eased back from their opening gains.
Citigroup beats Wall Street estimates, but gets battered by tax reforms
Citigroup posted profits in excess of Wall Street expectations on Tuesday, as solid growth in its consumer banking business, specifically in the Asian and South American markets, helped to offset an overall drop in trading revenues.
Lula da Silva is not a threat to Brazil's financial stability, party chief says
The leader of Brazil's Workers’ Party argued in an interview that former president Luiz Inacio Lula da Silva is anything but radical and does not pose a threat to Brazilian financial stability.
US open: Dow trades above 26,000 for first time; Citigroup earnings in focus
US stocks were at record highs in early trade on Tuesday as the Dow breached the 26,000 level for the first time, with sentiment underpinned by earnings from the likes of Citigroup and UnitedHealth.
Empire State index dips in January
Factory sector activity in the jurisdiction of the Federal Reserve bank of New York cooled a tad in January, according to the results of its widely-followed regional gauge.
Asia close: Hang Seng tops 2007 highs
Equities in the Asia Pacific region raced ahead on Wednesday, led by gains in Hong Kong's benchmark Hang Seng index, which topped its pre-crisis highs.
US pre-open: Stocks to hit fresh highs as investors eye Citigroup earnings
US futures pointed to a much firmer open on Wall Street on Tuesday, with indices set to hit new highs as markets reopen after the Martin Luther King Jr holiday.
German CPI dips in December, but prices expected to pick-up
The cost of living in Germany dipped last month, but economists expected rising crude oil price quotes on international markets and a tight labour market would boost the level of prices as the year progressed.
Spain likely to replace the US as the second most visited country in the world
Spain is expected to replace the US as the world’s second most popular tourist destination after France, according to data from the Madrid-based UN World Tourism Organization.
SPD Berlin chapter votes against grand coalition, polls more optimistic
German lawmakers' attempts to forge a grand coalition were a dealt a blow overnight after the Berlin chapter of the country's Socialist party, the SPD, voted against entering another power-sharing with German Chancellor Angela Merkel's centre-right CDU/CSU.