International News
Europe close: Deutsche leads DAX higher, all others fall
European stocks markets mostly ended in the red on Monday following mixed Chinese data and a warning about global growth from the International Monetary Fund, but a Deutsche Bank-led DAX bucked the trend.
Trump calls for 'extraordinary relationship' with Putin's Russia
President Donald Trump has called for the US and Russia to embark on an “extraordinary relationship” after a historic first summit with counterpart Vladimir Putin.
US open: Stocks slip as Trump's meeting with Putin kicks off
Stocks on Wall Street slipped in early trade on Monday as investors digested earnings from Bank of America and BlackRock and eyed a summit between Donald Trump and Russia's Vladimir Putin.
US retail sales rise in line with expectations
US retail sales increased as expected in June, marking five months of rising sales as the estimate for May was revised up.
Asia report: Most markets retreat amid slew of China data
Most markets in Asia finished lower on Monday, as investors sifted through a tsunami of fresh data out of China, simultaneously ignoring the strong finish seen on Wall Street at the end of last week.
Bank of America posts strong profit rise on cost cuts, tax gains
Bank of America’s profit rose by a third in the second quarter as the bank kept a tight grip on costs and benefited from tax cuts.
Empire State manufacturing index ticks down in July but beats forecast
Business conditions in the New York region deteriorated a little less than expected in July, according to a survey from the NY Fed.
Tusk warns EU, China, US and Russia to reduce trade tensions
European Council President Donald Tusk on Monday called on Europe, China, the US and Russia to work together and avoid trade wars that could lead to "conflict and chaos".
Deutsche Bank surprises investors with profit beat
Deutsche Bank took investors by surprise by announcing its second-quarter profit would be more than double the amount expected by analysts.
May to pledge £300m for UK aerospace to soothe Brexit fears
Prime Minister Theresa May on Monday offered an extra £300m to the aerospace industry to support new projects after companies like Airbus threatened to reduce activities in the UK because of Brexit uncertainties.
GDP growth muted in China, though retail sales shine
Fresh data out of Beijing on Monday showed GDP growth slowing slightly in the People’s Republic, with second-quarter growth put at 6. 7%, compared to the 6. 8% seen in the first quarter.