International News
Spain-focused Berkeley Energia lists on Main Board
Spain-focused Berkeley Energia graduated to the London Stock Exchange's Main Board and updated investors on its plans to list on Spain's four major bourses on Wednesday.
Tesla Model 3 'quite likely' to meet production goals, says Musk
Tesla Motors stock was up 3% on Wednesday after shareholders reinforced chief executive Elon Musk's grip at the head of the company and he said it was “quite likely” that the firm would meet Model 3 production goals of 5,000 weekly units.
Europe close: Stocks mostly higher despite more hawkish ECB
Stocks on the Continent finished higher, despite relatively hawkish comments from the European Central Bank's chief economist.
Nick Clegg: The UK will be the first country to introduce trade barriers in Europe since WWII
That Nick Clegg, former British deputy prime minister, is a fervent opponent of Brexit is no secret.
EU to retaliate with tariffs on US products as soon as July
The European Commission endorsed a decision on Wednesday to impose additional tariffs on a list of US products.
US crude stockpiles jump as net imports drop sharply, DoE says
Crude oil inventories in the US saw an unexpected build last week, as net imports reversed direction.
US open: Nasdaq on track for third straight record
Wall Street trading opened on a positive note on Wednesday as a technology and internet stock rally remained intact, putting the Nasdaq on course to deliver its third straight record on the back of a degree of optimism around ongoing trade talks between China and the US.
US foreign trade deficit narrows in April, despite drop in aircraft sales
America's trade shortfall with the rest of the world narrowed in April, despite a big drop in aircraft export sales, which economists said pointed to a big contribution to economic activity in the second quarter.
International Paper says Smurfit Kappa was 'not engaged' in takeover talks
International Paper Company confirmed on Wednesday that it would not make an offer for Smurfit Kappa Group, citing what it called a “lack of engagement” by Smurfit Kappa's board of directors and management.
US pre-open: Stocks set to start higher, despite gathering 'dark clouds'
Wall Street is set for a higher start on the back of a degree of optimism around the ongoing trade talks between China and the US.
Labour split over single market amendment plan
The opposition UK Labour Party is divided over its stance on Britain's membership of the single market, its Brexit spokesman admitted on Wednesday.
Asia report: Markets higher as investors brush off trade concerns
Markets in Asia finished in the green on Wednesday, as investors shrugged off trade concerns after a mixed session on Wall Street overnight.
World Bank warns trade tensions could lead to new global financial crisis
The World Bank has warned that the possibility of policy shocks from major economies and trade tensions such as the escalating tariffs between the US and its trading partners could lead to financial market disruptions and potentially to a large scale financial crisis.
US close: Wall Street finishes mixed after better-than-expected services data
Wall Street trading finished the day as it started on Tuesday, settling in a mixed state, as investors digested a better-than-expected reading on the US services sector.