International News
US crude oil stockpiles shrink, but product inventories jump further
US crude oil inventories fell by more than was expected last week as net imports dropped, but product stockpiles continued to build rapidly, helped by another leg up in domestic oil production.
US open: Bank earnings boost Wall Street
US stocks are managing to eke out small gains on Wednesday on the back of better-than-expected bank earnings from the likes of Bank of America and Goldman Sachs and the latest Brexit news from across the pond.
Goldman Sachs posts jump in profits on merger-advisory, trading weak
Goldman Sachs posted a big jump in profits at the tail-end of 2018 despite lacklustre trading activity.
US housebuilder sentiment improves in January
Sentiment among US housebuilders unexpectedly improved in January, according to data released on Wednesday.
Facebook will have stricter ad rules in countries with elections in 2019
Facebook is set to make some of its political advertising rules stricter for countries that will hold important votes in 2019, reported Reuters on Wednesday.
US pre-open: Stocks to eke out gains as bank earnings roll in
US stocks looked set to eke out small gains at the open on Wednesday as investors braced for more bank earnings and the latest Brexit news from across the pond.
Asia report: Markets mixed amid fresh Brexit concerns
Markets in Asia finished in a mixed state on Wednesday, as investors shrugged off a solid overnight session on Wall Street and instead focussed on renewed concerns around the UK’s exit from the European Union.