International News
Europe close: Bourses finish in the red as trade fears mount
European bourses had a downbeat day on Thursday, with all the major equity indices finishing in the red as heightened tensions over trade weighed on markets and investors digested a slew of corporate news.
Uber hires first chief privacy officer
Uber has hired its first chief privacy officer ahead of the ride hailing appmaker's planned initial public offer next year.
BNY Mellon shares hit hard by client losses
Bank of New York Mellon stock tumbled on Thursday after the US financial services group said it had lost two clients, overshadowing otherwise solid second-quarter earnings.
US open: Stocks slip as trade concerns mount
Wall Street got off to a subdued start on Thursday, as concerns about international trade weighed on markets, eBay and American Express disappointed with second-quarter numbers and there was another twist in the battle for control of 21st Century Fox.
Philly Fed index ticks up more than expected
Manufacturing conditions in the Philadelphia region improved more than expected in July, according to a survey released on Thursday.
Comcast drops Fox offer to focus on pursuit of Sky
Comcast will focus on bidding for Sky after dropping its interest in 21st Century Fox, the US network said on Thursday.
US initial jobless claims drop to lowest level since December 1969
The number of Americans filing for unemployment benefits fell to the lowest level since 1969 last week, according to figures from the Labor Department.
Asia report: Markets finish mixed after Wall Street boost
Markets in Asia finished mixed on Thursday, after a strong start instigated by a decent showing on Wall Street overnight, although Chinese bourses sank.
Domino's Pizza leaves bad taste as sales miss expectations
America's Domino’s Pizza, the world’s largest pizza company, surprised Wall Street on Thursday after second-quarter sales missed expectations.
Volvo Cars profits power up ahead of possible IPO
Volvo Cars said it was on track for another record year after second-quarter profits motored ahead.
IBM maintains forecasts after decent second quarter
International Business Machines - better known as IBM - posted its second quarter results on Thursday, reporting a 4% improvement in revenue year-on-year, and a “strong” profit performance.
Trump threatens more tariffs if EU trade negotiations fail
US President Donald Trump said that European Union officials will be travelling to Washington next week to discuss trade and threatened the bloc with “tremendous retribution” if negotiations do not work out.
Publicis shocks market as revenues miss targets; WPP shares tumble
Publicis shocked investors on Thursday with a surprise fall in second-quarter sales, prompting shares in the French media group to lose as much as 9% in morning trading.
Roche's Tencentriq meets co-primary endpoint in lung cancer trial
Roche announced on Thursday that the Phase III IMpower132 study had met its co-primary endpoint of progression-free survival (PFS) and demonstrated that the combination of ‘Tecentriq’ (atezolizumab) plus chemotherapy - cisplatin or carboplatin plus pemetrexed - reduced the risk of disease worsening or death compared to chemotherapy alone in the initial treatment of advanced non-squamous non-small cell lung cancer (NSCLC).
US pre-open: Stocks to slip as investors eye Microsoft earnings
US stocks looked set for small losses at the open on Thursday following five days of gains, as investors eyed the release of earnings from the likes of Microsoft and BNY Mellon.