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International News
21 May
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Europe close: Stocks rise despite Italian uncertainty, Spanish assets knocked lower

Worries about the political situation in Italy weighed on investor sentiment on the Continent, offsetting some of the boost from the apparent progress made by China and the US on trade talks at the weekend.

21 May
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Federal Reserve bank of Chicago's national activity index picks up in April

A widely-followed survey of economic activity in the States ticked higher last month, as indicators linked to production offset weakness in those for personal consumption and housing.

21 May
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Russian 'dirty money' puts UK security at risk, report warns

A committee of MPs are calling for a clampdown of Russian money laundering through the City of London’s financial institutions, arguing that it could potentially put national security at risk.

21 May
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IAG prepping £1.3bn offer for Norwegian

International Airlines Group is reportedly set to make a third run at a takeover of low-cost carrier Norwegian, one, which if successful, would value the budget airline at £1. 3bn.

21 May
New York Stock Exchange, NYSE, markets, Wall Street, US, America. Photo: George Rex
US open: Solid open on the Street as Washington puts trade war 'on hold'

Wall Street trading started the week strong on Monday as investors welcomed an easing of tensions between the US and China, with deal news in focus.

21 May
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Maduro re-elected for second term In Venezuela amid complaints of voting irregularities

Nicolás Maduro has been re-elected to a second six-year term in office as President of crisis-ridden Venezuela.

21 May
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Asia report: Markets higher as Beijing and DC make progress on trade

Markets in Asia were mostly higher on Monday, with market watchers reading weekend developments in trade talks between the US and China as positive, lifting regional sentiment.

21 May
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US pre-open: Stocks to rise as China-US tensions ease; deal news in focus

US futures pointed to a positive open on Wall Street on Monday as investors welcomed an easing of tensions between the US and China, with deal news in focus.

21 May
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Fifth Third Corp to buy Chicago-based MB Financial in $4.7bn deal

Fifth Third Bancorp has agreed to buy Chicago-based MB Financial in a deal valued at around $4. 7bn.

21 May
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France's finance minister warns fiscal slippage in Italy could undermine euro

France's finance minister fired a shot across the bow of the Italy's anti-establishment parties, warning of the threat that some of their campaign promises could undermine the stability of the entire single currency area.

21 May
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GE's transportation unit to merge with Wabtec in $11.1bn deal

GE Transportation, a unit of General Electric, has agreed to merge with rail equipment maker Wabtec in a deal valued at £11. 1bn.

21 May
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Iran nuclear deal at risk as EU support 'not sufficient'

The EU must work harder to preserve its oil trade with Iran following the United States' withdrawal from 2015 international nuclear pact, Iran’s foreign minister told the EU’s energy chief on Sunday.

21 May
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EU denies siding with renting lobby in fight to curb Airbnb

European officials have denied siding with the tourism industry after a report claimed the European Commission consistently ruling in favour of renting platforms such as Airbnb against local councils.